The Minskyite Employer Of Last Resort

In the 1960's, a period of rapid economic growth, falling unemployment, and accelerating inflation, liberals and progressive set out to make improvements in the social safety net, installing some lasting and well known programs such as Medicare and Medicaid. Various other things were achieved in that period, including acts which advanced the causes of environmental … Continue reading The Minskyite Employer Of Last Resort

Discussing The Progressive Consumption Tax

In early January 2003, a interesting bill was referred to the House Ways and Means Committee: H.R.269 Simplified USA Tax Act of 2003. This bill, sponsored by then-Representative of Pennsylvania Phil English, would, among other things, replace the federal income, estate, and gift taxes with a "progressive consumption tax." In the other words, a tax … Continue reading Discussing The Progressive Consumption Tax

Social Capital and Public Policy

Progressives and social democrats in America have espoused the virtues of comprehensive social insurance, universal healthcare, universal college, universal housing, among other things. I believe generally liberals and socialist have two different core reasons for their support of public programs like these, and I'd like to discuss my views and approach to public policy with … Continue reading Social Capital and Public Policy