A breakdown of the federal debt

The hysteria that generally surrounds the federal debt is almost entirely a joke. Smart Republicans pretend to be concerned with it, but only insofar as they think they can use it to push what they always push: more for the rich, less for the rest. Dumb Republicans push it because they are dumb. The reporting… Continue reading A breakdown of the federal debt

Fun with equal opportunity

In my last post, I said liberals do themselves a disservice by talking about equal opportunity all of the time, instead of raising other grievances they have with our economic institutions. If you listened to the people who talk on television, you’d believe the only thing concerning liberals is that the positions in our economy… Continue reading Fun with equal opportunity

Equal opportunty is inadequate

Steve Pearlstein has a long piece titled “Is capitalism moral?” in the Washington Post. The piece is a total mess. It seems to misconstrue different moral traditions and hops between them without seemingly realizing it. Nonetheless, it does provide a jumping off point for a point that needs to be emphasized: equal opportunity is totally… Continue reading Equal opportunty is inadequate