1. Under the feudal system | Text |
a. the community's right to land rent was partially recognized.
b. economic injustice was far worse than it is today.
c. there were no provisions for taking care of the poor.
d. equality of opportunity was widespread.
2. Private property in land | Text |
a. has retarded economic development.
b. is less important in the "information economy."
c. is the norm in many primitive societies.
d. was an engine of economic development in the United States.
e. is the basis of today's banking system.
3. How does the term "real estate" lead to confusion in determining the rightful basis of property? | Text | Supplement |
4. If land is justly common property, how can a person retain undisturbed possession and use of land and still satisfy the equal rights of all? | Text |
5. How does the treatment of land as absolute private property stand in the way of its highest and best use? | Text | Supplement |
6. People will be happy to use land productively if | Text |
a. they can get good wages.
b. they have secure possession of their improvements.
c. their tax burden is decreased.
d. they don't have to borrow money to obtain land.
7. Compare George's proposal with customary "left-wing", "right-wing" and "middle-of-the-road" proposal | Supplement |
8. Which of the following is not a likely result of collecting land rent for public revenue? | Supplement |
a. There will be increased volatility during the initial adjustment.
b. Some investors will sustain heavy losses.
c. School funding will be stabilized and less contentious.
d. Unemployment and inflation will simultaneously decrease.
9. How does the contrast between New Hampshire and New Mexico demonstrate the soundness of George's remedy? | Supplement |
10. What is the connection between the "Resource Curse" and the overall problem of poverty? | Supplement |
11. How would the adoption of George's proposal affect other taxes? | Text | Supplement |
12. What are the standards (or "canons") to which taxation should conform, according to Adam Smith? | Text |