The Henry George Foundation is pleased to offer a NEW 10-week course on
"Political Economy"
Presented By David Triggs - Executive Chairman Commencing: 14th May 2010. Times: Fridays 6.40pm - 8.10pm Location: 11 Mandeville Place, London W1 (by kind permission of the School of Economic Science)
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Henry George: The Ascent to the Good through Justice
Joseph Milne
Paper given to the Henry George Foundation 25th June 2010
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Coalition for Economic Justice
REPORT: HOUSE OF COMMONS SEMINAR ON LAND VALUE TAXATION
Organised by The Coalition for Economic Justice Hosted by Vince Cable MP
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Henry George and the Financial Crisis
Henry George's teaching was not just restricted to the single tax issue. It extended to many areas of political economy and included the question of the issuance of money which lies at the heart of the present financial crisis. In this extract he states clearly his views on the injustice of handing over the privilege of issuing money to private institutions:
..... it is the business of government to issue money. This is perceived as soon as the great labour-saving invention of money supplants barter. To leave it to everyone who choses to do so to issue money would be to entail general inconvenience and loss, to offer many temptations to roguery, and to put the poorer classes of society at a great disadvantage. These obvious considerations have everywhere, as society became well organized, led to the recognition of the coinage of money as an exclusive function of government.
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American Congressman advocates a return to Government Issued Money
Courageous Democrat Congressman Dennis Kucinich, speaking on the BBC's Today programme on December 17th advocated using Government-issued money spent into circulation for infrastructure rather than burdensome bank-created interest bearing debt as the way out to the present crisis.
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