Titlebook: Henry George and How Growth in Real Estate Contributes to Inequality and Financial Instability; Edward Nell Book 2019 The Editor(s) (if ap

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A New Look at the “Henry George Theorem”y Andrew Mazzone recalculates rents in the 2016 US National Accounts and shows that redefining rents in a more inclusive manner suggests that rents could come close to financing the costs of government.

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Understanding Rents in the Real Economytages and disadvantages to certain locations and parcels of land. Rents thus emerged (modeled using Sraffa’s equations). This picture is a good basis on which to build an approach to inequality and instability, but it is not consistent with the factor markets of conventional marginal productivity theory. George’s approach is superior.

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