Lesson 5: Solving the Paradox 

Please read Chapters 16-22 in Protection or Free Trade and "Comparative Advantage"

1. Where the worker cannot be self-employed, what is his or her attitude toward the employer?   (Chp. 17) 

2. Is work a desirable thing in itself? Explain.   (Chp. 17) 

3. If there were no unemployed workers, would workers be denied a share in the benefits of material progress? Explain.   (Chp. 18) 

4. Under existing conditions, improvements in education and moral climate

a. are extremely difficult to achieve.
b. raise the general level of wages.
c. have no effect on the basic cause of poverty.
d. are advocated by conservatives.

5. What would be the net effect of abolishing all other monopolies except that of the private ownership of land?   (Chp. 19) 

6. As inventions increase the power to produce wealth, what happens to the price of commodities, and to the price of land?   (Chp. 19) 

7. What two conditions are necessary for true free trade to exist?   (Chp. 20) 

8. What practical proposal does George make in order to secure those conditions?   (Chp. 20) 

9. Why is it not possible to secure equal rights to land by redistributing land?   (Chp. 20) 

10. What are the major benefits to be derived from the public collection of rent?    (Chp. 20) 

11. As communities grow in population and social complexity,

a. democracy becomes less and less feasible.
b. poverty, racism and conflict intensify.
c. a greater share of total production goes to land rent.
d. eventually a critical mass of alienated workers will rise up against the system.

12. Compare a Georgist attitude toward competition with that of a socialist.   (Chp. 21) 

13. According to George, what is the proper relationship between individualism and socialism?   (Chp. 21) 

14. In its overall effect on the economy, free trade most resembles

a. a labor-saving invention.
b. a tax on workers.
c. a balance scale.
d. a shock absorber.

15. What prediction does George make regarding the future of private property in land? What is your opinion?   (Chp. 22)