Heather Cox Richardson on the state of our Democracy October 29, 2023
Rationally Thinking Out Loud | Income Inequality Blog
by J. Jerrald Hayes
4M ago
Heather Cox Richardson October 29, 2023 (Sunday) on October 29, 2023 On October 29, 1929, the U.S. stock market crashed. It had been rocked five days before, when heavy trading early in the day drove it down, but leading bankers had seen the mounting crisis and moved in to stabilize the markets before the end of the day. The post Heather Cox Richardson on the state of our Democracy October 29, 2023 appeared first on Rationally Thinking Out Loud ..read more
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Rutger Bregman: Poverty isn’t a lack of character; it’s a lack of cash | TED Talk
Rationally Thinking Out Loud | Income Inequality Blog
by J. Jerrald Hayes
4M ago
The post Rutger Bregman: Poverty isn’t a lack of character; it’s a lack of cash | TED Talk appeared first on Rationally Thinking Out Loud ..read more
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The National Debt and Other Red Herrings | Real Progressives
Rationally Thinking Out Loud | Income Inequality Blog
by J. Jerrald Hayes
1y ago
The National Debt and Other Red Herrings | Real Progressives Discussions of inflation are often laden with an air of superstition and moral panic. Like all such things they can only persist in the face of misunderstanding and rumor.   The post The National Debt and Other Red Herrings | Real Progressives appeared first on Rationally Thinking Out Loud ..read more
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Economics for the Clueless Scientist – How Do We Pay For It? – Stephanie Kelton and Fadhel Kaboub – YouTube
Rationally Thinking Out Loud | Income Inequality Blog
by J. Jerrald Hayes
2y ago
The post Economics for the Clueless Scientist – How Do We Pay For It? – Stephanie Kelton and Fadhel Kaboub – YouTube appeared first on Rationally Thinking Out Loud ..read more
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The Most Radical Speech in Presidential History – YouTube
Rationally Thinking Out Loud | Income Inequality Blog
by J. Jerrald Hayes
2y ago
The post The Most Radical Speech in Presidential History – YouTube appeared first on Rationally Thinking Out Loud ..read more
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James McGill Buchanan’s terrifying vision of society is the intellectual basis of the far-right.
Rationally Thinking Out Loud | Income Inequality Blog
by J. Jerrald Hayes
2y ago
What Is the Far Right’s Endgame? A Society That Suppresses the Majority. When the Supreme Court decided, in the 1954 case of Brown vs. Board of Education, that segregated public schools were unconstitutional, Tennessee-born economist James McGill Buchanan was horrified. The post James McGill Buchanan’s terrifying vision of society is the intellectual basis of the far-right. appeared first on Rationally Thinking Out Loud ..read more
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Why CEO pay exploded – Robert Reich
Rationally Thinking Out Loud | Income Inequality Blog
by J. Jerrald Hayes
2y ago
Why CEO pay exploded ” Grandpa, why did top executives began to get so rich in the Clinton administration when you were in the cabinet?” “For many reasons, sweetie. One of the most important was that most of their pay started to be linked to the price of their company’s shares of stock.” The post Why CEO pay exploded – Robert Reich appeared first on Rationally Thinking Out Loud ..read more
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How the Labor Theory of Value Emerges from Egalitarianism – Economics from the Top Down
Rationally Thinking Out Loud | Income Inequality Blog
by J. Jerrald Hayes
2y ago
How the Labor Theory of Value Emerges from Egalitarianism – Economics from the Top Down In the 1860s, Karl Marx declared that all value stemmed from labor. A century-long firestorm ensued. On its own, Marx’s claim seems innocent enough. But what made it incendiary was how he used it. Starting from the idea that labor creates value, Marx built a seductive critique of capitalism. The post How the Labor Theory of Value Emerges from Egalitarianism – Economics from the Top Down appeared first on Rationally Thinking Out Loud ..read more
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Seven Ways to Transform 21st-Century Economics — and Economists – Evonomics
Rationally Thinking Out Loud | Income Inequality Blog
by J. Jerrald Hayes
2y ago
Seven Ways to Transform 21st-Century Economics – and Economists – Evonomics Complexity Economics matters enormously for the future, but its fundamental ideas are centuries out of date. No one can deny it: economics matters. Its theories are the mother tongue of public policy, the rationale for multi-billion-dollar investments, and the tools used to tackle global poverty and manage our planetary home. The post Seven Ways to Transform 21st-Century Economics — and Economists – Evonomics appeared first on Rationally Thinking Out Loud ..read more
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What I’m Reading Tuesday 07-20-2021 on the Billionaires in Space Program
Rationally Thinking Out Loud | Income Inequality Blog
by J. Jerrald Hayes
2y ago
Why Space Tourism Will Fall Flat Why Space Tourism Will Fall Flat The billionaire space race is in full swing, with Richard Branson and Jeff Bezos both launching into the atmosphere – and one lucky (and rich) 18-year-old along for the ride with the latter billionaire. But on the latest Pivot podcast, Scott Galloway and Kara Swisher are skeptical that average earthlings will be flocking to the outer reaches anytime soon. SPAC(e) | No Mercy / No Malice SPAC(e) | No Mercy / No Malice People worried about starving or being eaten don’t have time to ponder the finite nature of life. But once we kno ..read more
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