This three-part study is a survey of basic principles that will give the student a thorough grounding in fundamental economic concepts. Each part is complete in itself, and may be pursued separately — but the entire series is well worth your time, and will bring you the fullest benefits.
The basic textbooks for each course are works of the great American economist Henry George. Though his books first appeared in the late 19th century, they are highly applicable to today’s conditions, because the principles with which they deal are universal. The basic problem which George set out to solve in his book Progress and Poverty is still today’s basic problem: Why, in spite of progress, does poverty persist?
Our approach to economic study is fundamental and non-technical. Terms are defined, basic economic laws are sought and basic principles are applied. Supplemental readings are offered throughout — applying the principles to current conditions and answering frequently asked questions.
- The Problem of Poverty: Are We Unable to Produce Enough for All?
- Naming Things Right: Economic Definitions
- Wealth Distribution: Effects of Technology and Trade
- What Keeps the Economy from Fulfilling Its Potential?
- Capital: Wealth Used in Production
- Economics of Booms and Busts
- The Remedy; Its Justice
- Fixing Our Backwards Tax System
- Envisioning a Just and Prosperous Society
- The Law of Human Progress
- Protection vs. free Trade
- How to Encourage Industry?
- Trade & the Function of Money
- Comparative Advantage, Profits & Wages
- Solving the Paradox
- Exploring Alternatives
- Today’s Issues in International Trade
- Trade & Development
- Globalization & the Environment
- Growth & Sustainability
- The Meaning of Political Economy
- Methods of Political Economy
- The Nature of Wealth
- Wealth and Value
- Wealth, Capital and Privilege
- The Production of Wealth
- Cooperation and Exchange
- Distribution of Wealth
- Political Economy and Macroeconomics
A certificate is given at the end of each course. The Henry George Institute does not grant academic credit. However, Principles of Political Economy is recommended for College Credit by the Nationbal College Credit Recommendation Service. Students who pay the $200 tuition fee and pass a final exam receive an official transcript from Excelsior College.
Note on the Authorship of Readings in Principles of Political Economy
This is a collaborative effort. Courses based on Henry George’s works have been offered for many decades, and many aspects of the writing that appears herein have a traditional character. For example, sentences and paragraphs that appear in this three-course series can be found verbatim, or nearly so, in the Henry George Institute curricula written by Robert Clancy in the early 1970s. The current version, however, has been produced by HGI Program Director Lindy Davies, and all the unattributed writings it contains are his. Mike Curtis, Fred Foldvary and Mason Gaffney have contributed sections or been quoted in this course’s readings. Sections they contributed are designated by an introductory note, and brief quotations by footnotes.