On Henry George's Progress & Poverty
Albert Einstein
[A translation by Bruno Moser of a letter written in
German from Einstein
to Mrs. R. W. Evans of Bryn Mawr, Pennsylvania, 1931]
Dear Mrs. Evans!
I have read for most parts Henry George's book with extraordinary
interest and I believe, that its main outline represents an
indisputable point of view, particularly with regard to the cause of
the poverty.
The opinions represented in this book are consistent, as far as I can
judge it, with the results of present-day's Professor Franz
Oppenheimer, who obviously came the same conclusions independently.
However, I do not agree with the Theory of Interest.
In the suggested cure of the nationalization of the land and natural
resources I see more of a problem than a solution. For example, is
land the property of the community but the house there on private
property? In any case, it is of utmost importance that the nature of
the evil is clearly demonstrated. Therefore alone, it would be
important, if the book would encounter the proper attention.
With high respect,
A. Einstein
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