More thoughts on sustainable growth and the need to somehow redistribute the wealth.
The Myth of Tax Cuts and Public Spending (A Comment on “It’s still time for an adult conversation about taxes”)
I came across this article by Max Fodor and Michael Laxer a little while ago and thought it interesting enough to comment on it. It looks at the glaring disconnect the voters (and the pandering politicians that chase them) have between taxation and services. Services are great as long as someone else pays for them, preferably […]
Everyone is supposed to benefit, right? “A rising tide lifts all boats” is the saying that comes to mind. This statement assumes that an economic recovery will benefit everyone equally. What really happens is the very wealthy benefit the most because they have much more money invested in the economy. But, shouldn’t there also be […]
IMF admits it botched bailout of Greece I finally have a chance to commit to the ether some thoughts on this article. Apparently, the IMF has admitted in a report it published that it was “excessive” in its application of austerity measures in the case of Greece. This is a big admission from an organization […]
Another book for my reading list…
I like Dan Ariely. He conducts very interesting experiments that reveal a great deal about why we make the choices we do within the economic context we are in. In this TED talk, he talks about what motivates us to work. Big surprise, it turns out not to just be money: Contrary to conventional wisdom, […]
How a student took on two Harvard economists over their pro-austerity study — and won Their study, which found economic growth slows dramatically when a government’s debt exceeds 90% of a country’s annual economic output, has been cited by policymakers around the world as justification for slashing spending. Former U.S. vice presidential candidate Paul Ryan, […]