© 2019

Henry George and How Growth in Real Estate Contributes to Inequality and Financial Instability


Table of contents

  1. Front Matter
    Pages i-xvi
  2. Part I

    1. Front Matter
      Pages 9-10
    2. Edward Nell
      Pages 11-25
    3. Edward Nell
      Pages 27-33
  3. Part II

    1. Front Matter
      Pages 51-53
    2. Edward Nell
      Pages 71-83
    3. Edward Nell
      Pages 85-96
  4. Part III

    1. Front Matter
      Pages 97-98
    2. Edward Nell
      Pages 121-134
    3. Edward Nell
      Pages 135-138
  5. Back Matter
    Pages 139-148

About this book


This Palgrave Pivot contextualizes Henry George as an important and uniquely American figure in the fields of economics and political economy, with special emphasis on the frontier and innovation. This book discusses George’s concept of rent as the result of economic progress, explains George’s argument that the rise in rents caused by economic progress in turn generates inequality and poverty, and examines the relevance of these ideas in today’s financialized global economy. This book adds to the very necessary discussion of whether our current financial industry is a benefit or a drain on human economic well-being.


Henry George rent class rentier inequality rent real estate populism progress Marshallian Technology financialization wealth accumulation securities holdings

Authors and affiliations

  1. 1.New SchoolNew YorkUSA

About the authors

Edward Nell is Professor Emeritus at the New School for Social Research in New York City. Nell has been a member of The New School faculty since 1969, and held the position of Malcolm B. Smith Professor of Economics from 1990 to his retirement in 2014. Since then he has become Chief Economist for the London-based Eco-Capacity Exchange (RECIPCO) and Vice-President of the Henry George School of Social Science in New York. Nell’s contributions are in the fields of Macroeconomic Theory, Monetary Analysis and Finance, Economic Methodology and Philosophy, focusing on his theory of Transformational Growth and Development. He has written twenty-seven books, and his articles on economic theory and methodology have appeared in leading journals like American Economic Review, Journal of Political Economy, Journal of Economic Literature, Cambridge Journal of Economics, Eastern Economic Journal, Review of Political Economy, Economic Development and Cultural Change, Analysis, and Social Research.

Bibliographic information

  • Book Title Henry George and How Growth in Real Estate Contributes to Inequality and Financial Instability
  • Authors Edward Nell
  • Series Title Palgrave Studies on Henry George for the 21st Century
  • Series Abbreviated Title Palgrave stud. on Henry George for the 21st Century
  • DOI
  • Copyright Information The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2019
  • Publisher Name Palgrave Pivot, Cham
  • eBook Packages Economics and Finance Economics and Finance (R0)
  • Hardcover ISBN 978-3-030-18662-3
  • Softcover ISBN 978-3-030-18665-4
  • eBook ISBN 978-3-030-18663-0
  • Series ISSN 2524-8847
  • Series E-ISSN 2524-8855
  • Edition Number 1
  • Number of Pages XVI, 148
  • Number of Illustrations 14 b/w illustrations, 0 illustrations in colour
  • Topics Heterodox Economics
    Economic Policy
    History of Economic Thought/Methodology
  • Buy this book on publisher's site
Industry Sectors
Finance, Business & Banking