<p>ABSTRACT:</p><p>In its day, George's treatise Progress and Poverty was more popular than any book besides the Bible and Uncle Tom's Cabin. Though he is little remembered (much less read) today, you can trace the subterranean influence of his ideas into the present. Harold Hotelling, born in 1895, gave a presidential lecture to the Econometric Society in 1937 that mixed cutting-edge statistical analysis with a suggestion that the landless classes should confiscate rentier wealth. One of Hotelling's students, William S. Vickrey, died en route to a Georgist conference that he had helped to found, just days after he had won the 1996 Nobel Prize in Economics. And now Eric Posner and Glen Weyl, a law professor and an economist respectively, have published Radical Markets, a book dedicated to the memory of Vickrey.</p>
Dissent – University of Pennsylvania Press
Published: Jan 10, 2019
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