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Category Archives: Economics

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Converting Public-Held Pension Funds to Private Accounts

Life, Liberty, and the Pursuit of Happiness, Version 4.0 Posted on January 18, 2011 by Gordon AndersonJanuary 18, 2011

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 →

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Posted in Economics, Government | 3 Replies

Rethinking Government Jobs: Civil Service for College

Life, Liberty, and the Pursuit of Happiness, Version 4.0 Posted on January 4, 2011 by Gordon AndersonJanuary 4, 2011

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 →

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Posted in Economics, Government | 2 Replies

Rethinking Government Pensions

Life, Liberty, and the Pursuit of Happiness, Version 4.0 Posted on December 20, 2010 by Gordon AndersonDecember 20, 2010

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 →

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Posted in Economics, Government | 5 Replies

Wikileaks, Security, Transparency, and Agency

Life, Liberty, and the Pursuit of Happiness, Version 4.0 Posted on December 3, 2010 by Gordon AndersonDecember 3, 2010

The Wikileaks site has created turmoil because it represents a contest between two major principles of governance: security and transparency. Modern political theory since Hobbes argues that security is the main reason for a government to exist. It creates a … Continue reading →

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Posted in Culture, Economics, Government | 4 Replies

Investors Betrayed by GM and Obama

Life, Liberty, and the Pursuit of Happiness, Version 4.0 Posted on November 26, 2010 by Gordon AndersonNovember 26, 2010

Last week General Motors went public. General Motors has been resurrected by a taxpayer bailout. When the company sought bankrupty protection, the US government bought the company through an infusion of $49.5 billion in cash. The company was restructured, closing … Continue reading →

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Posted in Economics, Government | 8 Replies

New Book: Toward a Truly Free Market

Life, Liberty, and the Pursuit of Happiness, Version 4.0 Posted on September 12, 2010 by Gordon AndersonSeptember 12, 2010

Toward a Truly Free Market: A Distributist Perspective on the Role of Government, Taxes, Health Care, Deficits, and More by John C. Medaille (ISI Books, Wilmington, Delaware, 2010) is a genuine contribution to the discussion of how to fix the … Continue reading →

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Posted in Book Reviews, Economics | 2 Replies

Neoclassical Economics from an Integral Perspective

Life, Liberty, and the Pursuit of Happiness, Version 4.0 Posted on September 2, 2010 by Gordon AndersonSeptember 2, 2010

I take neoclassical economics to be more the branch of modern economics that renews emphasis on the foundational thoughts of Adam Smith and David Ricardo, than on the synthesis that gives government a role in the economy such as the … Continue reading →

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Posted in Economics | 1 Reply

Production and Consumption: The Yin and Yang of an Economy

Life, Liberty, and the Pursuit of Happiness, Version 4.0 Posted on June 15, 2010 by Gordon AndersonJune 15, 2010

The problem with current U.S. economic models is that they focus on consumption. This model is reflected not only in many recent economic “stimulus” plans like auto and appliance rebates, subsidized home mortgages, and government jobs programs, but it is … Continue reading →

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Posted in Economics | 6 Replies

Americans should Decentralize both Government and Economy

Life, Liberty, and the Pursuit of Happiness, Version 4.0 Posted on June 11, 2010 by Gordon AndersonJune 11, 2010

Neither Left or Right Today we have strong movements on both the left and the right that are focused on either big government or large corporations. On the left, we have established liberals and anti-capitalist ideologues attacking Wall Street but … Continue reading →

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Posted in Economics, Government | Leave a reply

A VAT will be shooting ourselves in the other foot

Life, Liberty, and the Pursuit of Happiness, Version 4.0 Posted on April 9, 2010 by Gordon AndersonApril 9, 2010

The recent idea of President Obama and Democrats about adding a VAT (Value Added Tax) to help pay for health care is serious mistake. It will cause more job loss and end up generating less tax revenue than projected. Why? … Continue reading →

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Posted in Economics, Government | Leave a reply

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