ECONOMIC CLUB  of  SAN FRANCISCO

"S a p e r e   a u d e"

Resources

The library of the Economic Club includes some historical texts and original copies of Henry George's work.  Anyone conductiong research in the area of land value taxation who would like to have access to these works, please contact the Economic Club of San Francisco via email at info@economicclubsf.com or by writing to the club, ATTN: I. Bischoff,  540 Arballo Drive, San Francisco, CA 94132.

Suggested Reading List

The reading list below is comprised of books which deal with subjects in a way that allows an understanding of political economy from a larger perspective.   The term  Political Economy refers to the organization of society, i.e. the rules which govern personal conduct and the way which  individual rights are secured on one hand, and on the other hand, it refers to the activities of families and other groups to secure their existence and their procreation.  Thus, the study of Political Economy draws upon the discipline of Sociology, Political Science, Anthropology, Psychology, History, Economics (study of production and markets), Law, Human Geography, Ecology, International Relations and Cultural studies.

The book list and resources suggested by the Economic Club of San Francisco are chosen to provide for the reader a logical and coherent picture of Political Economy which relates to every day reality.

 

Book List
  1. "The Broken Bough" by Edward M. Keating
  2. "Bionomics" by Michael Rothschild
  3. "Progress and Poverty" by Henry George
  4. "The Wisdom of Crowds" by James Surowiecki
  5. "A Proper Monetary and Banking System for the United States" by J. Bell and W. Spahr
  6. "Debt and Delusion" by Peter Warburton
  7. "History of Money and Credit from John Law to the Present" by Charles Rist
  8. "The Creature from Jekyll Island" by G. Edward Griffin
  9. "Gold Wars" by Ferdinand Lips
  10. "F.I.A.S.C.O." by Frank Portnoy
  11. "The True Believer" by Eric Hoffer
  12. "Undermining the Constitution" by Thomas Norton
  13. "Decision in Philadelphia" by Christopher and James Collier
  14. "Money, Power & Elections" by Rodney Smith
  15. "Boom / Bust" by Fred Harrison
  16. "The Panic of 1907" by Robert Bruner and Sean Carr
  17. "When Giants Fall" by Michael Panzner
  18. "Manias, Panics, and Crashes" by Charles Kindleberger
  19. "None Dare Call It Education" by  John Stormer
  20. "Mind Programming" by Eldon Taylor
  21. "National Suicide" by Martin Gross
  22. "America For Sale" by Jerome Corsi
  23. "The Power Elite" by C. Wright Mills
  24. "Lords of Finance" by Liaquat Ahamed
  25. "In Search of Self Governance" by Scott Rassmusen

Internet Resources 

  • Common Sense Economics

http://commoneconomicsense.blogspot.com

 

  • History of Economic Thought

http://cepa.newschool.edu/het/home.htm

 

  • American Form of Government

http://www.wimp.com/thegovernment

 

  • Index of Essays by Dr. Antal E. Fekete

www.professorfekete.com

 

  •  Index of Essays by Dr. M. Mason Gaffney

www.masongaffney.org/essays.html

 

  • Ferdinand Lips Institute

http://www.lips-institute.ch

 

  • Restore Federalism

http://www.restorefederalism.org/

 

Definitions and Axioms

ECONOMIC AXIOMS

1.  Man seeks to gratify his desires with the least  amount of exertion.

2.  Man’s desires are unlimited.

3.  Man hoards consciously and systematically.

ECONOMIC DEFINITIONS

POLITICAL ECONOMY:  The science which treats the nature of wealth and the natural laws governing its production and distribution.

WEALTH: Any material thing with exchange value, the result of labor applied on or to land.

MONEY: That kind of wealth which has a constant or nearly constant marginal utility.

CURRENCY: A medium of exchange in the form of money or other wealth, or in the form of redeemable or irredeemable notes.

INCOME: Rent, Wages and/or Interest received in the form of money or other currency.

PRODUCTION: The process of increasing the capacity of wealth to satisfy human desires.

FACTORS OF PRODUCTION

LAND: All the natural universe except man and wealth.

LABOR: All human exertion in the production of wealth.

CAPITAL: Wealth used in production.

DISTRIBUTION: The assignment of ownership in the wealth produced.

AVENUES OF DISTRIBUTION

RENT: The landowner’s share of the wealth produced.

WAGES: The laborer’s share of the wealth produced.

INTEREST: The capitalist’s income which exchanges for a unit of wealth.

LAWS OF DISTRIBUTION

LAW OF RENT: The rent of land is determined by the excess of its produce  over that which the same application can secure from the least productive   land in use.

LAW OF WAGES: Wages depend upon the margin of production. (The most productive land obtainable without the payment of rent).

LAW OF INTEREST: Economic interest depends upon the willingness to exchange wealth for income and/or to exchange income for wealth.

CONSUMPTION: Any use made of wealth which lessens its capacity to satisfy human desire. (The opposite of production).

Copyright 2010.    All rights reserved.

Web Hosting by Yahoo!