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The Power in the Land: An Inquiry Into Unemployment, the Profits Crisis and Land Speculation
Fred Harrison
(Author)
·
Shepheard-Walwyn Publishers
· Paperback
The Power in the Land: An Inquiry Into Unemployment, the Profits Crisis and Land Speculation - Harrison, Fred
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Synopsis "The Power in the Land: An Inquiry Into Unemployment, the Profits Crisis and Land Speculation"
Fred Harrison's thesis is that land speculation is the major cause of depressions. He shows how the land market functions as a junction box which regulates the power flowing between Labour and Capital, and how land speculation periodically throws the switches on the productive power of men and machines, causing economic stagnation. This theory was acknowledged by philosophers such as Adam Smith and Karl Marx, and social reformers ranging from Winston Churchill to Leo Tolstoy, but it has been forgotten by today's economists and policy-makers. The hypothesis is tested against the historical facts and the recent booms and slumps, and is found to offer a powerful explanation for postwar trends in unemployment and the distribution of income.
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All books in our catalog are Original.
The book is written in English.
The binding of this edition is Paperback.
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