The Calculus of Discontent

A general complaint that I have about the discussion of inequality and poverty is that the subject is often treated as a zero-sum game. Solu...

Paul Krugman wrote a post over the weekend in response to the speech that Larry Summers gave at the IMF about the possible stagnation of the...

There is a significant amount of literature that discusses the impact on inequality on economic growth and political stability. One logical ...

After reading The Economist's story about  Chinese land reform , I became very interested with the land certificates ( dipiao ) program ...

I wrote a blog post earlier about the Swiss basic income initiative and the political arguments to be made for/against it from a liberal and...

The Swiss initiative to  provide an unconditional income  to all citizens is an interesting proposal for a number of reasons. It is a policy...

There is the often criticized assumption in economics about the rationality of individuals. In theoretical economics, people are generally a...