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The foundational text of this view, Progress & Poverty, is an absolute masterpiece. No book has shifted my thinking so radically, and I know I’m not an outlier.
by ethanbond 7y ago
The foundational text of this view, Progress & Poverty, is an absolute masterpiece. No book has shifted my thinking so radically, and I know I’m not an outlier.
Fun fact: It was written in San Francisco after the gold rush when there was obscene wealth around but horrible wealth inequality. This yielded awful urban living conditions, which George set out to investigate. Sounds familiar...
- sooheon 7y agoAgreed on both, it is a masterpiece and it is newly relevant. What I love most about it is the elegance: the economics behind optimizing for minimum deadweight loss and the morality underlying taxation of monopoly power over enterprise are aligned beautifully.