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Direct economic democracy
Direct economic democracy please click on the above link to view PDF
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Fiscal autopilot
In the 1960s and ‘70s, the US and UK economies gyrated along what became described as the political business cycle or partisan business cycle. The idea was that before each election, looser fiscal and...
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Is it unjust to tax assets?
A system of governance needs to follow widely held principles of justice and “fairness” if it is to have any hope of being happily adopted. It is equally true that views as to what constitutes justice...
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To save the environment, target poverty.
I think the greatest threat to our environment is human poverty. This may seem counter-intuitive since in general each rich person consumes and pollutes far more than each poor person. It has been...
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Sustainability of economic growth and debt.
Anyone who believes exponential growth can go on forever in a finite world is either a madman or an economist. -Kenneth E. Boulding Our world today seems full of contradictions. We seemingly need to...
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Larry Summers at least sees the problem
Larry Summers gave an IMF speech on Nov 8th where he acknowledged that since the 2008 crisis, the USA has had a “jobless recovery” and that the economy is still floundering well below potential. I’m...
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