GEORGE, HENRY


Meaning of GEORGE, HENRY in English

born Sept. 2, 1839, Philadelphia, Pa., U.S.

died Oct. 29, 1897, New York, N.Y.

U.S. land reformer and economist.

He left school before age 14 to work as a clerk and then at sea. In 1858 George went to California, where he worked for newspapers (briefly founding his own) and took part in Democratic party politics. In 1879 he published Progress and Poverty , in which he proposed that the state fully tax all economic rent

the income from the use of the bare land, but not from improvements

and abolish all other taxes. George believed that the government's annual income from this "single tax" would be so large that there would be a surplus for expansion of public works.

Britannica English dictionary.      Английский словарь Британика.