/lit/ - Literature

>>21758903
>im completely lost
The map and compass is Henry George

Progress and Poverty, by Henry George

>>21636970
>It is not possible here to examine in detail the methods proposed for mitigating or extirpating poverty through governmental regulation of industry and accumulation, which in their most thorough-going form are called socialistic. Nor is it necessary, for the same defects attach to them all. These are the substitution of governmental direction for the play of individual action and the attempt to secure by restriction what can better be secured by freedom. It is evident that whatever savours of regulation and restriction is in itself bad and should not be resorted to if any other mode of accomplishing the same end presents itself.
>For instance, to take one of the simplest and mildest of the class of measures I refer to—a graduated tax on incomes. The object at which it aims, the reduction or prevention of immense concentrations of wealth, is good; but the method involves the employment of a large number of officials clothed with inquisitorial powers. The temptations to bribery and perjury and all other means of evasion beget a demoralization of opinion and they put a premium upon unscrupulousness and a tax upon conscience. And finally, just in proportion as the tax accomplishes its effect, there is a lessening in the incentive to accumulate wealth, which is one of the strong forces of industrial progress. If the elaborate schemes for regulating everything and finding a place for everyone could be carried out, instead of an intelligent award of duties and earnings, we should have a Roman distribution of Sicilian corn, and the demagogue would soon become the Imperator.
>The ideal of socialism is grand and noble; and it is, I am convinced, possible of realization; but such a state of society cannot be manufactured—it must grow. Society is an organism, not a machine. It can live only by the individual life of its parts. And in the free and natural development of all the parts will be secured the harmony of the whole. All that is necessary to social regeneration is included in the motto of those Russian patriots sometimes called Nihilists—"Land and Liberty!"
BTFO by Henry George

He was right about everything, you know.

Geoism is an economic system dependent on the LTV, much like Marxism or Neoclassical economics, right?

The ultimate redpill.

>implying this isn't the single greatest book on economics ever written

>>9209293
>Keynes
Do NOT recommend Keynes to people if they haven't first read at the very LEAST Adam Smith and Carl Menger/Léon Walrus

Honestly, like any random Joe with no understanding of economics is going to grasp The General Theory. Keynes is a fucking economics wizard. You could recommend pic related to someone who hasn't read economics before, as it is intended, but not Keynes.

That said, The General Theory is the greatest economics work ever written, even better than pic related.

What is the best economics book and why is it pic related?

You have two seconds to explain why rent speculations has not killed the middle class.

Does reading this book make you realize almost every economist other than Adam Smith is unironically retarded?

Daily reminder that economic systems based upon the idea of the denial of an aggressive, Darwinian stance of human existence are the best systems.

Believing in God helps.

Has anyone read pic related, or even heard of it?

In either case, what are your thoughts?