Hostname: page-component-76d6cb85b7-7262s Total loading time: 0 Render date: 2026-07-18T17:47:51.261Z Has data issue: false hasContentIssue false
  • English
  • Français

HENRY GEORGE AND THE DEVELOPMENT OF THORSTEIN VEBLEN’S THEORY OF CAPITAL

Published online by Cambridge University Press:  27 August 2010

NEIL B. NIMAN
Get access Rights & Permissions [Opens in a new window]

Abstract

Henry George, self-taught economist to the common man, developed a strong following outside the halls of academic discourse for his ideas about land, rent, and the single tax. Since he drew the ire of important economists such as John Bates Clark and Alfred Marshall, it should come as no surprise that few professional economists were willing to acknowledge his influence on the economics of the day. Yet, a closer look reveals that at least in the case of Thorstein Veblen, a clear connection can be made between these two important American thinkers. The concept of an unearned increment establishes their shared connection by illustrating the tension that exists between individuals and communities when individual property rights are assigned to community assets.

Information

Type
Research Articles
Information
Journal of the History of Economic Thought , Volume 32 , Issue 3 , September 2010 , pp. 419 - 431
Copyright
Copyright © The History of Economics Society 2010

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Article purchase

Temporarily unavailable

References

REFERENCES

Blaug, Mark. 2000. “Henry George: Rebel with a Cause.” European Journal of the History of Economic Thought 7 (2): 270–288.CrossRefGoogle Scholar
Clark, John Bates. 1899. The Distribution of Wealth. New York: Macmillan.Google Scholar
Collier, Charles. 1979. “Henry George’s System of Political Economy.” History of Political Economy 11 (1): 64–93.CrossRefGoogle Scholar
Cord, Steven B. 1965. Henry George: Dreamer or Realist? Philadelphia: University of Pennsylvania Press.CrossRefGoogle Scholar
Diggins, John Patrick. 1999. Thorstein Veblen: Theorist of the Leisure Class. Princeton: Princeton University Press.CrossRefGoogle Scholar
Dorfman, Joseph. 1949. The Economic Mind in American Civilization. Volume 3. New York: The Viking Press.Google Scholar
Dorfman, Joseph. 1966. Thorstein Veblen and His America. New York: Augustus M. Kelley.Google Scholar
Edgell, Stephen and Tilman, Rick. 1989. “The Intellectual Antecedents of Thorstein Veblen: A Reappraisal.” Journal of Economic Issues 23 (4): 1003–1026.Google Scholar
Edgell, Stephen. 2001. Veblen in Perspective. Amronk: M.E. Sharpe.Google Scholar
George, Henry. 1948. Progress and Poverty. New York: Modern Library.Google Scholar
Hodgson, Geoffrey. 2003. “Institutions as Repositories of Knowledge: Some Milestones in the Evolution of an Idea.” Economic Appliquee 56 (3): 211–227.Google Scholar
Horner, James H. 1993. “Seeking Institutional Signposts in the Work of Henry George.” American Journal of Economics and Sociology 52 (2): 247–255.CrossRefGoogle Scholar
Mitchell, Wesley C. 1969. Types of Economic Theory. Volume 2. New York: Augustus M. Kelley.Google Scholar
Niman, Neil B. 2004. “The Evolutionary Firm and Cournot’s Dilemma.” Cambridge Journal of Economics 28 (2): 273–289.CrossRefGoogle Scholar
Plassman, Florenz and Tideman, T. Nicolaus. 2004. “Frank Knight’s Proposal to End Distinctions among Factors of Production and His Objection to the Single Tax.” History of Political Economy 36 (3): 505–519.CrossRefGoogle Scholar
Thomas, John L. 1983. Alternative America. Cambridge: Harvard University Press.Google Scholar
Tilman, Rick. 1985. “The Utopian Vision of Edward Bellamy and Thorstein Veblen.” Journal of Economic Issues 19 (4): 879–898.CrossRefGoogle Scholar
Tilman, Rick. 1996. The Intellectual Legacy of Thorstein Veblen. Westport: Greenwood Press.Google Scholar
Tilman, Rick. 2008. “Institutional Economics as Social Criticism and Political Philosophy.” Journal of Economic Issues 62 (2): 289–301.Google Scholar
Veblen, Thorstein. 1966. Absentee Ownership. New York: Augustus M. Kelley.Google Scholar
Veblen, Thorstein. 1979. The Theory of the Leisure Class. New York: Penguin Books.Google Scholar
Veblen, Thorstein. [1908] 1990. “On the Nature of Capital I.” The Place of Science in Modern Civilization. New Brunswick: Transaction Publishers.Google Scholar
Veblen, Thorstein. 1996. The Theory of the Business Enterprise. New Brunswick: Transaction Publishers.Google Scholar