Our knowledge of economics has broadened and deepened since Adam Smith outlined the functioning of an invisible hand in markets. Our ability to translate that knowledge into public policy lags severely.
Filed under: business cycle, Political economy, Progressive Center | Tagged: Affluent Society, agency problem, banking, business cycle, capitalism, economics, government, greed, growth, innovation, markets, mixed economy, Nozick, public policy, Rawls, Richistan | Leave a Comment »
The advance in knowledge and economic value-added since WWII has just begun. Look for the western and developing worlds to grow by 5% annually or more for the next 50 years.
Filed under: business cycle, growth, Progressive Center | Tagged: diminishing returns, dismal science, economics, entrepreneurship, factors of production, marginal, marginalists, marxists, physiocrats, productivity, progress, Samuelson, technology | Leave a Comment »
The 2010 elections have begin in earnest, with the Republicans making more than usual progress towards mid-term gains. Will the populist uprising of the “Tea Party” movement help or harm the GOP?
Filed under: Political economy, Progressive Center | Tagged: bipartisanship, Bush, campaign, Democrat, election, extremist, health reform, left, McCain, Obama, Palin, Republican, responsibility, right, silent majority, tea party | 1 Comment »
Indiana school districts will face funding deficits for the next 3 years. Identifying creative solutions today is the best answer.
Filed under: Progressive Center, public finance, public policy, quality, strategy | Tagged: administrators, benefits, bonds, class size, consolidation, fees, finances, funding, libraries, outsourcing, partners, priorities, schools, teachers assistants, technology, tenure, used, volunteers | Leave a Comment »
Tough economic times increase the demand for redistribution of income. Significant changes threaten to do more long-term harm than good for most who benefit from a growing economy.
Filed under: business cycle, growth, Labor markets, Political economy, Progressive Center, public policy | Tagged: economic growth, redistribution, taxation, top 1% | Leave a Comment »
A nonpartisan process for drawing Indiana’s legislative districts would improve the quality and incentives of representatives, leading to centrist solutions that add economic and social value.
Filed under: Political economy, Progressive Center, public finance, public policy | Tagged: bipartisanship, centrist, extremists, gerrymandering, good government, growth, industries, market failure, polarization, politicians, productivity, public goods, Redistricting, Republican | Leave a Comment »
