What did Henry George support in addition to Land Value Taxation?
High Interest Rates
Bitcoin and Cryptocurrency
Public Ownership of other Natural Monopolies
Oligopolistic Structures
Answer
In addition to land value taxation, Henry George supported public ownership of other natural monopolies, such as utilities and transportation. He argued that these monopolies should be owned by the government because they are essential to the functioning of a modern economy, and that private ownership would lead to inefficiency and exploitation.
Discovering the Legacy of Henry George: Test your Knowledge on the American Political Economist
More Questions
In the 1897 election for NYC Mayor, what party did George run under?
Approximately what percentage of votes did George receive in the 1897 mayoral election?
In addition to economic philosophy, Henry George had a notable career as a what?
Who was quoted as saying that Henry George was "the most famous American economic writer"?
Which outcome of free (at marginal cost) public utilities did George support?
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