On entrepreneurship, growth and rent-seeking: Henry George updated.

Progres and destitution that memorable work of Henry George, leaves us with three main messages: first, that the rift of land is an egregious contributor to inequality; next to the first that rent, unlike other income sources, can be taxed without detrimental incentive effects; and third, that this is thus because pure rent is a payment for which the recipient provides no production to society in go [i]or[/i] come back These ideas continue to stir his followers to this day, which at one time raises a question. Since, as a share of the Nation's income, the tear of land has fallen to a nothing else but two percent, how ...