What is the Henry George Foundation, and what do we do?
The Henry George Foundation is an independent economic and social justice think tank and public education group with offices in London. We deal in cutting-edge ideas, exploring and promoting principles for a just and prosperous society and a healthy environment.
Our broad concern is the development of sound relationships between the citizen, our communities (from the local to the global) and our shared natural and common resources. These relationships are manifested through economics and the social sciences, and it is here that our specific focus lies.
We are active on three broad fronts: research, education, and advocacy - searching for and putting forward practical and innovative solutions to seemingly intractable social problems.
The Henry George Foundation has the aim of putting people at the heart of economics.
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Rural and urban regeneration and the provision of public infrastructure are aspects of physical economic development.
The Henry George Foundation is not only concerned with engendering sustainable economic growth; we put people at the heart of economics. The work of main stream economics often abstracts to such a level that it forgets that people are individuals and communities, and not just parts of some mythical economic machine where the sole concerns are continuous production and consumption.
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The exploitation of natural resources has lead to environmental degradation on the one hand and the increase of wealth on the other hand.
Whilst there are simple means for estimating the increase in wealth, the costs of obtaining this wealth, in terms of pollution and damage to the environment are more difficult to estimate.
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The issues of poverty and the distribution of wealth are ones that have been addressed by many.
The literature is voluminous especially since the nineteenth century, the issues are not new, so why has very little changed in terms of wealth distribution and poverty, and what are the connections to debt?
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The current system of taxation creates many distortions to people's behaviour in the market place.
Taxes on wages can deter people from working, as the extra income gained from more hours of work may not be considered worthwhile in comparison to the take home pay after taxes have been deducted and the reduction in leisure time.
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Economic rent is different from the every day term of rent that is generally used to describe a payment for the use of buildings including the land that the buildings are on.
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