IDEAS home Printed from https://ideas.repec.org/a/kap/revaec/v27y2014i4p451-461.html
   My bibliography  Save this article

Reply to the Caplan and Gochenour critique of Georgism

Author

Listed:
  • Fred Foldvary

Abstract

This paper refutes the proposition by Caplan and Gochenour that there is no such thing as natural resources because all goods are produced. Caplan and Gochenour use that proposition to argue against the reform proposal of Henry George and his followers, to replace all taxes with a single tax on land value. The rebuttal to Caplan and Gochenour made by this paper is that the discovery of a resource does not constitute its production. The refutation here argues that entrepreneurship and investment create human capital and capital goods, not natural resources. Discovery is not the same as invention or production. Copyright Springer Science+Business Media New York 2014

Suggested Citation

  • Fred Foldvary, 2014. "Reply to the Caplan and Gochenour critique of Georgism," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 27(4), pages 451-461, December.
    • Handle: RePEc:kap:revaec:v:27:y:2014:i:4:p:451-461
    DOI: 10.1007/s11138-013-0243-7
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1007/s11138-013-0243-7
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1007/s11138-013-0243-7?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. F. H. Knight, 1924. "Some Fallacies in the Interpretation of Social Cost," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 38(4), pages 582-606.
    2. Nicolaus Tideman & Florenz Plassmann, 2004. "27 Knight: Nemesis from the Chicago School," American Journal of Economics and Sociology, Wiley Blackwell, vol. 63(2), pages 381-409, April.
    3. Zachary Gochenour & Bryan Caplan, 2013. "An entrepreneurial critique of Georgism," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 26(4), pages 483-491, December.
    4. Fred E. Foldvary, 1994. "Public Goods And Private Communities," Books, Edward Elgar Publishing, number 167.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Fred E. Foldvary, 2014. "Governance by voluntary association," Chapters, in: David Emanuel Andersson & Stefano Moroni (ed.), Cities and Private Planning, chapter 4, pages 66-92, Edward Elgar Publishing.
    2. Terry E. Daniel & Eyran J. Gisches & Amnon Rapoport, 2009. "Departure Times in Y-Shaped Traffic Networks with Multiple Bottlenecks," American Economic Review, American Economic Association, vol. 99(5), pages 2149-2176, December.
    3. Élodie Bertrand, 2006. "La thèse d'efficience du « théorème de Coase ». Quelle critique de la microéconomie ?," Revue économique, Presses de Sciences-Po, vol. 57(5), pages 983-1007.
    4. Mehdiloozad, Mahmood & Zhu, Joe & Sahoo, Biresh K., 2018. "Identification of congestion in data envelopment analysis under the occurrence of multiple projections: A reliable method capable of dealing with negative data," European Journal of Operational Research, Elsevier, vol. 265(2), pages 644-654.
    5. Loukas Dimitriou & Theodore Tsekeris, 2009. "Evolutionary game-theoretic model for dynamic congestion pricing in multi-class traffic networks," Netnomics, Springer, vol. 10(1), pages 103-121, April.
    6. De Palma, Andre & Motamedi, Kiarash & Picard, Nathalie & Waddell, Paul, 2007. "Accessibility and environmental quality: inequality in the Paris housing market," European Transport \ Trasporti Europei, ISTIEE, Institute for the Study of Transport within the European Economic Integration, issue 36, pages 47-74.
    7. Moroni, Stefano & Antoniucci, Valentina & Bisello, Adriano, 2016. "Energy sprawl, land taking and distributed generation: towards a multi-layered density," Energy Policy, Elsevier, vol. 98(C), pages 266-273.
    8. Dariusz Kotlewski, 2022. "Przesłanki za wykorzystaniem rachunkowości wzrostu gospodarczego w badaniu specjalizacji regionalnych," Ekonomista, Polskie Towarzystwo Ekonomiczne, issue 2, pages 235-258.
    9. Winston, Clifford & Yan, Jia, 2011. "Can privatization of U.S. highways improve motorists' welfare?," Journal of Public Economics, Elsevier, vol. 95(7), pages 993-1005.
    10. Humberto Barreto, 2018. "Cuban Demography and Economic Consequences," Annual Proceedings, The Association for the Study of the Cuban Economy, vol. 28.
    11. Vonk Noordegraaf, Diana & Annema, Jan Anne & van Wee, Bert, 2014. "Policy implementation lessons from six road pricing cases," Transportation Research Part A: Policy and Practice, Elsevier, vol. 59(C), pages 172-191.
    12. Glazer, Amihai & Niskanen, Esko, 2000. "Which consumers benefit from congestion tolls?," University of California Transportation Center, Working Papers qt33d88115, University of California Transportation Center.
    13. Sara Santos Cruz & Paulo Pinho, 2009. "Closed Condominiums as Urban Fragments of the Contemporary City," European Planning Studies, Taylor & Francis Journals, vol. 17(11), pages 1685-1710, November.
    14. Button, Kenneth, 2020. "The Transition From Pigou’S Ideas On Road Pricing To Their Application," Journal of the History of Economic Thought, Cambridge University Press, vol. 42(3), pages 417-438, September.
    15. Fred E. Foldvary, 2011. "Contract, Voice and Rent: Voluntary Urban Planning," Chapters, in: David Emanuel Andersson & Åke E. Andersson & Charlotta Mellander (ed.), Handbook of Creative Cities, chapter 25, Edward Elgar Publishing.
    16. Francesco Minora, 2013. "Collective institutions towards habitability: roles, strategies and forms of governance," Euricse Working Papers 1352, Euricse (European Research Institute on Cooperative and Social Enterprises).
    17. Rouwendal, Jan & Verhoef, Erik T., 2004. "2. Second-Best Pricing For Imperfect Substitutes In Urban Networks," Research in Transportation Economics, Elsevier, vol. 9(1), pages 27-60, January.
    18. Vorotnikova, Ekaterina & Schmitz, Andrew, 2013. "On Positive Externality," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 150462, Agricultural and Applied Economics Association.
    19. Ben O’Neill, 2011. "The Threat of Virtue: Why Independence and Integrity Threaten the State," Journal of Private Enterprise, The Association of Private Enterprise Education, vol. 27(Fall 2011), pages 75-98.
    20. Verhoef, Erik T., 1999. "Time, speeds, flows and densities in static models of road traffic congestion and congestion pricing," Regional Science and Urban Economics, Elsevier, vol. 29(3), pages 341-369, May.

    More about this item

    Keywords

    Land; Taxation; Henry George; Rent; Entrepreneurship; B59; H21; Q15;
    All these keywords.

    JEL classification:

    • B59 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Other
    • H21 - Public Economics - - Taxation, Subsidies, and Revenue - - - Efficiency; Optimal Taxation
    • Q15 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Land Ownership and Tenure; Land Reform; Land Use; Irrigation; Agriculture and Environment

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:revaec:v:27:y:2014:i:4:p:451-461. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.