Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Re-reading section I - C at your link reaffirms just why it was so essential for the Tycoons of the late 19th century to spare no expense in creating an alternate economic theory in the terms of which what George was saying would be incomprehensible. J.D. Rockefeller was right in saying that his contributions to what became The University of Chicago were the best investment he ever made. It was the investment, along with that made by Morgan in Columbia, etc. that propagated a form of economics that was completely non-threatening to the wealthy, no matter how feeble its analytic and predictive power. And Gaffney's work is a quarter of a century old.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Thu Feb 28th, 2013 at 04:57:12 PM EST
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