Tag Archives: Income Inequality

Professor Milton Friedman: Equality and Freedom

“Milton Friedman – Equality and Freedom” From Basic Economics Socialists like Senator Bernie Sanders and company, argue that it’s somehow wrong that we have people who make a lot of money, while we have some people who make very little money … Continue reading

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Brookings Institution: Fred Dews: ‘An Economic Agenda For America-A Conversation with U.S. Senator Bernie Sanders’

“On February 9, the Center for Effective Public Management at Brookings hosted Senator Sanders, the ranking member of the Senate Budget Committee, to discuss his economic policy ideas to spur growth and rebuild America’s middle class.” From Brookings Institution This blog … Continue reading

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The Nation: Mike Konczal & Bryce Covert: The Real Solution to Wealth Inequality

The Nation: Opinion: Mike Konczal & Bryce Covert: The Real Solution to Wealth Inequality The New Democrat Before I explain why I disagree with the wealth redistribution argument when it comes to the income and wealth gaps in America. I’m … Continue reading

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Politico Magazine: Thomas E. Ricks: ‘Why Am I Moving Left?’

Source:POLITICO Magazine– is Thomas Rick moving Center-Left or Far-Left? Perhaps joining Occupy Wall Street? Source:The New Democrat “In my late 50s, at a time of life when most people are supposed to be drifting into a cautious conservatism, I am … Continue reading

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Catherine Rampell: Limousine Liberalism’s Good Work

The Washington Post: Opinion: Catherine Rampell: Limousine Liberalism’s Good Works  I’m sick and tired (and that is putting it mildly) of hearing people especially rabid partisan right-wingers claim that Liberals hate the wealthy and people with money and hate capitalism … Continue reading

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Politico Magazine: Joseph Stiglitz: The Myth of America’s Golden Age

Source:The New Democrat  I’m getting tired of hearing people who are further left of me people who are Social Democrats let’s say who are constantly putting down America. And saying “Europe is so much better and we should simply just … Continue reading

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The Fiscal Times: Mark Thoma: Are Calls for Wealth Redistribution Based on Envy or Justice?

Source:The New Democrat  Wealth or income redistribution, it depends on how you define it because government at all levels does it all the time everyday. And generally when government redistributes wealth it is noncontroversial. It taxes these people who live … Continue reading

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The New York Times: Joseph E. Stiglitz: Inequality is Not Inevitable

New York Times: Opinion: Joseph E. Stiglitz: Inequality is Not Inevitable Source:The New Democrat As I’ve made this point on this blog before comparing the Scandinavian economies with the United States simply does not work. You would be better off … Continue reading

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Mises Daily: Julian Adorney: ‘Killing the Maximum Wage Myth’

Source:The New Democrat  People on the far left get labeled as Socialists because they have a tendency to advocate socialist policies that are more common in Europe than in America.  The notion of  “maximum wage” that talk show host Bill … Continue reading

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The Economist View: Robert Shiller: ‘Better Insurance Against Inequality’

Source:The New Democrat  I could blog about indexing taxation of income for the wealthy in a couple of ways. One would discuss the fact that it would never pass this Congress, especially with a Republican House. Also, vulnerable Senate Democrats … Continue reading

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