There is no national debt
Okay, so that’s not exactly true, but there’s an important truth this statement highlights, a truth worth saying now that the debt’s surpassed $16 trillion and our nation’s political campaign engines...
View ArticleWhy the national debt isn’t (necessarily) a moral hazard
A common argument one hears in today’s popular conversation about the national debt (now exceeding $16 trillion) is that it’s bad because it presents a moral hazard in light of what it means for our...
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CJ’s “Home of the Week” feature needs a bite of reality sandwich
After reading about this week’s “Home of the Week“ in the newspaper, it occurred to me that the needs of the upper class, high society in Louisville are being met. “A button-tufted rolled-arm chair and...
View ArticleEquality rather than austerity a better remedy for pension woes
There are two principal narratives at work in US political discourse today. One is typically advanced by the right, the other by the left. The first narrative, the most popular, tells a tale of...
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