Henry George's 19th century ideas on taxing land, not labor, still influence economic thinking today
-
Henry George argued in the 1800s that taxing land values could replace income taxes and fund government services. His ideas sparked a worldwide reform movement.
-
George toured Australia in 1890, giving 48 lectures advocating a "single tax" on land and free trade policies. His ideas influenced how the ACT has treated land.
-
Economist Ross Garnaut said in 2021 that George's ideas "seem to me to be broadly right now" and could raise substantial revenue through land taxes.
-
The Monopoly board game was originally called The Landlord's Game and designed by Elizabeth Magie in 1904 to teach Georgist economic principles.
-
Magie wanted the game to show how rents enrich landlords but impoverish tenants, though the game evolved over time to lose its specific Georgist messaging.