“THE MOST INFLUENTIAL OF AMERICAN WORKS ON ECONOMICS”: FIRST TRADE EDITION OF HENRY GEORGE’S PROGRESS AND POVERTY
GEORGE, Henry. Progress and Poverty. New York: D. Appleton, 1880. Octavo, original blind-stamped brown cloth.
First trade edition of George’s “most famous work,” issued one year after a limited edition of only 200 copies, prompting the 19th-century Single Tax movement, scarce in original cloth.
“The most influential of American works on economics, this book gave its author an international reputation as prophet and reformer. He proposed to abolish poverty and secure fair distribution of the rewards of labor by appropriating all economic rent by taxation, and abolishing all taxation except upon land values. Today the slogan of the single tax still unites the followers of Henry George” (Grolier 100 Influential American Books 81). “Progress and Poverty is George’s most famous work” (Roll, 387). “Following the English economist David Ricardo, George asserted that rent was ‘determined by the excess of [land’s] produce over that which the same application can secure from the least productive land in use… By means of his vigorous oratorical style and his direct and simple writing, George had popularized a doctrine that combined trenchant criticism of inequality in modern society with celebration of the potential contribution of technological development and individual endeavor… Adherents of the Single Tax remedy for urban squalor were to appear frequently in the ranks of reformers during the Progressive Era and beyond” (ANB). First trade edition: preceded by the 1879 “Author’s Edition” (200 copies). Eight pages of publisher’s advertisements at rear. Early owner signature to half title of A.J. Dehay, possibly that of the prominent California wine merchant.
Text generally fresh with light scattered foxing, inner paper hinges starting but sound, slight edge-wear, some rubbing to original cloth. A scarce extremely good copy.