Tag Archives: Mark Thoma

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 Fiscal Times: Mark Thoma: Inequality in Capitalist Systems is Not Inevitable

This post was originally posted at The New Democrat I would describe capitalism, or private enterprise, meaning private businesses and wealth controlled by individuals or groups of individuals, not by the state, as the worst type of economic system in the … Continue reading

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Paul Krugman: ‘Inequality, Dignity & Freedom’

Source:New York Times– left-wing columnist Paul Krugman. Source:The New Democrat “Now that the Congressional Budget Office has explicitly denied saying that Obamacare destroys jobs, some (though by no means all) Republicans have stopped lying about that issue and turned to … Continue reading

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The Fiscal Times: Mark Thoma: How Keynes Would Handle an Abnormally Slow Recovery

Source:The New Democrat  I’m all in favor of trying to boost economic and job growth when the economy is weak with something like a new national infrastructure plan, a National Infrastructure Bank. But when you have a national debt as … Continue reading

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