Henry George Theorem


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Henry George Theorem

The idea that, under ideal conditions, government spending equals aggregate rent on land in a country. While this does not happen in real life, spending and aggregate rent do in many cases approximate each other. It has been discussed as a guide for the ideal population for a country or country subdivision. The theorem derives its name from Henry George, the 19th-century economist who first articulated it.
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Amongst the topics, it reproduces the correspondence between Moss and Samuels over a paper by Larry presented at a 2005 meeting of the History of Economics Society, entitled 'The Henry George Theorem and the Entrepreneurial Process: Turning Henry George on his Head', and later published in John Laurent (ed.