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Updated: May 2, 2025
From the dawn of the age of polished stone to the achievement of the Peace of the World, man's dealings were chiefly with himself and his fellow man, trading, bargaining, law-making, propitiating, enslaving, conquering, exterminating, and every little increment in Power, he turned at once and always turns to the purposes of this confused elaborate struggle to socialise.
Henry George in the same spirit, in his Progress and Poverty, attributed all poverty to one cause, the landlord's appropriation of the unearned increment in land values.
"Inequality being almost nil in a state of nature," he says, "it derives its force and increment from the development of our faculties and from the progress of the human mind . . . according to the poet it is gold and silver, but according to the philosopher it is iron and corn which have civilized men and ruined the human race."
It is equally evident that the increment of wealth which results from the obedience of labourers to injunctions which do not emanate from themselves, is produced by the man who gives the injunctions, and not by the men who obey them.
Up to 1916 they imposed no new taxation. In 1916 they imposed a war increment tax, something in the nature of a capital levy, which is stated to have brought in £275 millions. They added also that year £25 millions nominally to their permanent revenue.
The way of Blaines College was not wholly smooth that winter, and annoyances rose to fret the fine edge of President West's virgin enthusiasms. The opening had been somewhat disappointing. True, there were more students than last year, the exact increment being nine.
Thereupon, Jack asked me what an unearned increment was. When I finished he said his teacher had told them that views like those I had just expressed were common among ill-informed people. The following day he came in and said to Harrington, "Papa, name six female characters in Dickens, in three minutes."
She had remained steadfast to her decision to accept nothing from her husband except the legal costs of the proceedings, though Mr. Lyons explained to her that alimony was a natural and moral increment of divorce. Still, after her refusal, he informed her as a man and a friend that he respected and admired the independence of her action, which was an agreeable tribute.
The last pound of sugar which the housewife purchased, the fifth pound when the price was 8 cents, or the sixth pound when the price was 7 cents, we call the "marginal" pound of sugar. And the increment of utility which she derives from buying this marginal pound we call the "marginal utility" of sugar to her.
Our knowledge, then, is founded not on experience but on inexperience; for where there is no novelty, that is to say no inexperience, there is no increment in experience. Our knowledge is really founded upon something which we do not know, but it is converted into experience by memory.
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