The truism “The Smaller the Government, the Greater the Representation” is going to be difficult to implement in Egypt, Tunisia, and elsewhere as the world clamors for democracy. For, the model they look up to, the United States, has largely … Continue reading →
As we watch the out-of-control debt rise in the United States, it is worth thinking about whether it is wise, or even moral, for a government to borrow money. I will argue that, in most cases, it is immoral. Borrowing … Continue reading →
Cybernetics is a simple way to analyze systems of any type, and can be used to graphically display government tinkering with normally stable social systems. The black box is the simplest way to describe inputs, outputs and feedback without having … Continue reading →
There is a long history of economic bubbles in the United States going back to the Mississippi bubble in the 18th century. Bubbles are caused by speculation in which people grow wealthy by some scheme in which later comers to … Continue reading →
While we watch revolutions for political democracy in Tunisia, Egypt, Iran, we are distracted from thinking about the revolution aimed at economic democracy growing in the United States. This revolution, symbolized by the Tea Party, is leading a growing demand … Continue reading →
In his 2011 State of the Union address, President Barack Obama spoke about his desire to see the U.S. government create incentives to help revive the ailing economy. For the most part he presented a general vision of a prosperous … Continue reading →
Traditional Corporate and Government Pension Plans are Unsustainable Traditional Pension plans in which a government entity or corporate entity self-funds and manages pension benefits have outlived their usefulness for retirees. Such plans, intended to pay out guaranteed retirements, have proven … Continue reading →
Combined Legislation was never envisioned by the framers of the Constitution. Attaching “pork” to a bill or creating “omnibus bills” are ways that have been devised to pass laws that only benefit a very few people. Bills are combined to … Continue reading →
Income Inequality, Government vs. Private Jobs The United States has to rethink the nature and cost of government jobs. Government jobs, especially federal jobs are paying far better than the private sector. In 2008 federal workers averaged wages of $8,000 … Continue reading →
Entitlements are coming home to roost Government entitlement programs are coming home to roost. In June, scholars at George Mason University wrote, Pension plans operated by state governments on behalf of their employees are underfunded by an estimated $452 billion … Continue reading →
