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    Economics, Politics / capitalism, democracy, Piketty, plutocracy, tax policy, taxes, Tobin tax, wealth tax /

    The Times Are Changing – Tax Style

    February 13, 2019

    The following is part of correspondence I had recently with a friend here in Vermont: The purpose of increasing taxes on the wealthy is twofold: one is to raise revenue; the other is to prevent growing concentration of wealth.  I think the second of the two is the more important.  The American system of opportunity […]

    Economics / capitalism, democracy, economic theory, growth, Hidalgo, information /

    New Year, Old Arguments

    January 2, 2019

    “The universe is made of energy, matter, and information, and while energy and matter are here by default, information needs to find ways to emerge.  This is not always easy”  Cesar Hidalgo, “Why Information Grows — The Evolution of Order, from Atoms to Economies” Why is it the economics still restricts itself to constructing its […]

    Economics /

    A Little Knowledge

    December 3, 2018

    A little knowledge goes a long way.  That’s the saying, correct?  Well you’d never know it by looking at economics.  It’s hard to find knowledge anywhere. Now I’m not being facetious about the gaps in economic theory.  Let’s all give the discipline its due and say that it has done a masterful job of getting […]

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