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Editor's introduction
American Journal of Economics and Sociology, The, Jan, 2008
Robert V. Andelson died on November 8, 2003. This was only weeks after he had carefully reviewed and submitted the second, expanded edition of his master work, Critics of Henry George. As had been the case in the first edition, various scholars were assigned the job of reviewing debates between Henry George and his army of critics. In the second edition, several chapters were revised and rewritten and, most significantly, new chapters were added. The revised edition was included as part of our Studies in Economic Reform and Social Justice feature of the American Journal of Economics and Sociology as volume 62:5 in 2003 and volume 63:2 in 2004. It is also available in a hardcover two-volume book edition with an index, by way of Blackwell Publishers. Altogether, Georgist scholars have cause to celebrate.
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But with the passing of Robert Andelson, what forms should this celebration take?
The Editorial Board of the AJES decided to encourage academic sessions at future academic conferences, thereby honoring Andelson. He would have been delighted by the interest in his scholarly work. The first session was held at the Eastern Economic Association meetings in New York City on March 5, 2005. Those sessions attracted papers by Charles R. McCann, Jr., Jerome Heavey, Ross Emmett, and Michael Hudson. The eminent and now also recently deceased editor and author Mark Perlman sent in some laudatory comments about the Andelson session, which I have included as a communication to this volume. Mark Perlman passed away on May 3, 2006, and his writing remains in the form that he originally sent.
The following year, at the June 2006 meeting of the History of Economics Society at Grinnell College, another session produced some path-breaking work on Henry George's rent theory. One important paper on the influence of George's ideas on economic theory was by Fred F. Foldvary. That same session also included Mason Gaffney's paper urging economists to keep land and its valuation as part of capital theory, and not as a topic completely submerged in which land and rent has disappeared from view.
It is not clear whether we have entered the age of a "Georgist revival" in economic reform and the proverbial quest for social justice. I do think that this volume and others like it will promote this development but, as Ludwig Lachmann warned, the future, while unknowable, is also imaginable. Can we imagine a reworking of the entire theory of capitalism based on the idea of Georgist monopoly rents? Alternatively, does a Georgist perspective offer hope for piecemeal policy reforms?
COPYRIGHT 2008 American Journal of Economics and Sociology, Inc.
COPYRIGHT 2008 Gale, Cengage Learning
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