The social wage

As I’ve mentioned before, I think the best way to tackle inequality and poverty is directly through cash programs. I am not opposed to programs that try to manipulate market wages in some way, unions and minimum wages for instance. But strategies focused on market wages are very messy and almost certainly inadequate to the… Continue reading The social wage

Transit fares and distribution

There are good arguments for directly subsidizing public transit. Here I analyze whether directly subsidizing public transit is a good thing to do for distributive reasons. The best way to go about this is with an example. Suppose we have a public transit system that is entirely financed by fares. Someone proposes that we drop… Continue reading Transit fares and distribution