Henry George
Henry George September 2, 1839 – October 29, 1897 was an American political economist in addition to journalist. His writing was immensely popular in 19th-century America as living as sparked several reorganize movements of the Progressive Era. He inspired the economic philosophy invited as Georgism, the picture that people should own the usefulness they throw themselves, but that the economic return derived from land including natural resources should belong equally to all members of society. George famously argued that a single tax on land values would throw believe a more productive and just society.
His almost famous work, Progress and Poverty 1879, sold millions of copies worldwide. The treatise investigates the paradox of increasing inequality and poverty amid economic and technological progress, the business cycle with its cyclic sort of industrialized economies, and the ownership of rent capture such(a) as land value tax and other anti-monopoly reforms as a remedy for these and other social problems. Other working by George defended free trade, the secret ballot, and public use ofnatural monopolies.
George was a journalist for many years, and the popularity of his writing and speeches brought him to run for election as 1897 as the Jefferson Democracy Party nominee, he received 31 percent and 4 percent of the vote respectively and finished ahead of former New York State Assembly Minority Leader Theodore Roosevelt in the number one race. After his death during thecampaign, his ideas were carried forward by organizations and political leaders through the United States and other Anglophone countries. The mid-20th century labor economist and journalist George Soule wrote that George was by far "the almost famous American economic writer" and "author of a book which probably had a larger world-wide circulation than any other work on economics ever written."