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  • Income Distribution in the US
    How is our income distributed? Well, it is pretty concentrated. How concentrated? Take a look.
  • Progress and Poverty, by Henry George
    Here are links to online editions of George's landmark book, Progress & Poverty, including audio and a number of abridgments -- the shortest is 30 words! I commend this book to your attention, if you are concerned about economic justice, poverty, sprawl, energy use, pollution, wages, housing affordability. Its observations will change how you approach all these problems. A mind-opening experience!
  • Wealth Concentration Tables from 2004 SCF: Bottom 90%, Next 9% and Top 1%
    Aggregated data by net worth quantile, for various kinds of wealth. With calculations you won't find anywhere else!
  • Wealth Concentration Tables from 2004 SCF: 50-40-5-4-1
    These tables show how concentrated the ownership of various kinds of assets are. With calculations you won't find anywhere else! This version is less aggregated: Bottom 50%, Next 40%, Next 5%, Next 4% and Top 1%.

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Books I Value

  • Henry George: Progress and Poverty: An inquiry into the cause of industrial depressions and of increase of want with increase of wealth ... The Remedy
    This is perhaps the most important book ever written on the subjects of poverty, political economy, how we might live together in a society dedicated to the ideals Americans claim to believe are self-evident. It will provide you new lenses through which to view many of our most serious problems and how we might go about solving them: poverty, sprawl, long commutes, despoilation of the environment, housing affordability, wealth concentration, income concentration, concentration of power, low wages, etc. Read it online, or in hardcopy.
  • Bob Drake's abridgement of Henry George's original: Progress and Poverty: Why There Are Recessions and Poverty Amid Plenty -- And What To Do About It!
    This is a very readable thought-by-thought updating of Henry George's longer book, written in the language of a newsweekly. A fine way to get to know Henry George's ideas. Available online at progressandpoverty.org and http://www.henrygeorge.org/pcontents.htm

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« The Earth-for-All Calendar: August 18 -- Pascal | Main | The Earth-for-All Calendar: August 20 -- John Boyle O'Reilly »

August 19, 2012

The Earth-for-All Calendar: August 19 -- Adam Smith and Jefferson

Entails are founded upon the most absurd of all propositions, the supposition that every successive generation of men have not an equal right to the earth and to all that it possesses.

— ADAM SMITH, Wealth of Nations, Book III., Chap. 2.


I set out on this ground, which I suppose to be self-evident, that the earth belongs in usufruct to the living; that the dead have neither power nor rights over it.

— THOMAS JEFFERSON,  Works (edited by Washington), Vol. III., p. 103 (1789)

Posted on August 19, 2012 at 12:01 AM in Earth for All, equality, private property in land, privilege, time making wrongs into rights, usufruct |

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