Adam Ozimek of Forbes’ Modeled Behavior wrote a response to a recent post of mine. In my post — which had a follow up post — I argue that the concept of redistribution is a misguided one. There is no such thing as redistribution, just different distributions: So there is no baseline default distribution against… Continue reading A response to Adam Ozimek of Modeled Behavior
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The correct vantage point of distributional debates
I have received some pushback on my last post, and so I thought I might clarify my main point. The bulk of the pushback has been, not surprisingly, from libertarian-leaning folks who believe it is quite clear that when you take private property from one person and then give it to another, that constitutes redistribution.… Continue reading The correct vantage point of distributional debates
The federal government should just borrow money and invest it
One of the most interesting ideas that comes out of Gar Alperovitz’s America Beyond Capitalism is using the government as an investor. The government already invests in infrastructure, education, and so on, but with the exception of pension funds, the government rarely invests directly into the stock market or other conventional investment vehicles. Alperovitz thinks… Continue reading The federal government should just borrow money and invest it