Henry George Speaker April 8

George J. Lee (gjlee@uclink4.berkeley.edu)
07 Apr 1998 13:52:00 -0700

Dr. Fred Foldvary from the Henry George School will speak on
Wednesday, April 8 at 7 pm in 206 Dwinelle Hall. The Henry George
School will assign two paid internships on campus Fall of '98 to
research the relevance of land issues in history, sociology,
ecenomics, politics, etc. Here is some information about the talk.

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     "Private Communities and Libertarian Public Finance"

"What is the method of public revenue most compatible with libertarian
principles?" asks Professor Fred E. Foldvary, author of books and articles
on economics and ethics.  "Libertarians oppose taxation" he continues, "but
this leaves open the question of how to finance community services such as
streets, parks, and security, which serve all the residents in some area.
We need to investigate how markets can and do provide for services that
serve whole communities."

Fred Foldvary will introduce the concept of private communities as the
key to the solution of public revenues and governance.  He will show how
territorial services provided by civic associations are self-financing.
Bottom-up multi-level federations of associations solve the problem of
funding large-area services such as continental defense.  Residential
associations and other private communities finance their collective
services from the land rent generated from those services, unlike
the taxes that plunder the earnings of labor and enterprise.  The market
chooses rent as the most efficient source of community revenue, and 
this then shows us the best path towards reform of government public
finance, so long as we are stuck with imposed government.

Fred Foldvary earned his doctorate in economics from George Mason
University in Virginia, where he studied Austrian economics as well as public
choice and public finance.  Fred has taught economics at John F. Kennedy
University  in Walnut Creek, the University of California Extension, and
California State University at Hayward.  Fred got his BA in economics
and computer science at U.C. Berkeley and lives in Berkelely.  Among his
books are *The Soul of Liberty* and *Public Goods and Private Communities*.
He was a board member and teacher at the Henry George School of Social Science.
Fred's *Dictionary of Free-Market Economics* will be published in Oct. 1998.