3min chapter

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311 | Lars Doucet on Georgism: Land and Why Rent is too High & Wages too Low

The Realignment

CHAPTER

What Happened to George's?

In 1879, Henry George published his book Progress in Poverty. He was writing at this time of the closing of the frontier. The US officially closed like the Homestead Act to people moving out West and getting more land. But what happened is we invented the automobile and that opened a new frontier.

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