Principles of Political EconomyPerry, Arthur Latham
General
Principles of Political Economy
Perry, Arthur Latham
Economics
Nevertheless, it is into these incidental intricacies and
uncertainties, that Henry George's now famous theory of landed rents
and the taxation of them, strikes its roots. Instead of building his
structure upon firm and open ground, so that thoughtful men can see
that his basis is solid and scientific, Mr. George dashes at once into
a thicket and lays his foundations with quickness and assurance where
all is dark and doubtful, or at best where all is rather incidental
than fundamental and demonstrable, and pretty soon displays a
superstructure that appears attractive both without and within,
through whose airy halls he knows how to conduct to their delight the
credulous and discontented, and on whose walls hang plausible pictures
calculated to invite and hold the attention of the masses. Let the
perfect integrity and rhetorical ability of Mr. George be freely
conceded; let it be freely conceded also, that he teaches in his books
and lectures a great deal of vastly important industrial truth in a
popular way so as to accomplish great good, such, for example, as the
imperative need of greater simplicity in taxation, and the
indisputable right of the people to their liberty in buying and
selling; yet it must at the same time be owned, that he has never yet
found out exactly what _Value_ is in general, consequently what are
the causes of value in lands, and what are the nature and grounds of
Rent. Something more of patient and radical analysis at the outset,
and of logical and scientific unfolding afterwards, would have made
Henry George one of the chief benefactors of his age.
Public-domain text, read in full here on John Shaqi.
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