Max Hirsch (economist)
Maximilian Hirsch (21 September 1852? – 4 March 1909) was a German-born businessman and economist who settled in Melbourne, Australia, where he became the recognized intellectual leader of the Australian Georgist movement and, briefly, a member of the Victorian Parliament.__NOTOC__ Early life Hirsch was born in Cologne in the German state of Prussia on 21 September, the year being either 1852, as stated in newspaper reports of his death, or 1853, as stated in the biography prepared by his memorial committee. His father was a writer on economic subjects, and a member of the Reichstag who ran into trouble with the German authorities due to his democratic principles. Young Hirsch was educated at a high school and also did some work at the University of Berlin, but aged 19 began a career as a commercial traveller. Before he was 20 he was sent to Persia to buy carpets and obtained many fine old specimens. These were brought to London via Russia. Hirsch spent some time in Italy s ...
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Georgism
Georgism, also called in modern times Geoism, and known historically as the single tax movement, is an economic ideology holding that, although people should own the value they produce themselves, the economic rent derived from land—including from all natural resources, the commons, and urban locations—should belong equally to all members of society. Developed from the writings of American economist and social reformer Henry George, the Georgist paradigm seeks solutions to social and ecological problems, based on principles of land rights and public finance which attempt to integrate economic efficiency with social justice. Georgism is concerned with the distribution of economic rent caused by land ownership, natural monopolies, pollution rights, and control of the commons, including title of ownership for natural resources and other contrived privileges (e.g. intellectual property). Any natural resource which is inherently limited in supply can generate economic ...
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