Why Georgists Corrected Predicted the Crisis, and Why Conventional Economists Couldn’t

Land bubbles of varying severity and universality recur roughly every eighteen to twenty years. Like Henry George, modern Georgists attribute recessions and depressions to these bubbles. A huge real estate bubble of the 1920’s preceded the Depression of the 1930’s. That bubble actually began to burst in 1926, three years before the stock market crash . . . → Read More: Why Georgists Corrected Predicted the Crisis, and Why Conventional Economists Couldn’t