General Discussion

BrentWil

(2,384 posts)

14. Paul Krugman is a Conservative?

Thu Feb 2, 2012, 11:08 PM

Feb 2012

http://economistsview.typepad.com/economistsview/2006/11/milton_friedman_1.html

As always, Mr. Friedman’s policy prescriptions were shaped by his desire to minimize adverse economic incentives, a feature that architects of earlier welfare programs had largely ignored. Those programs ... typically reduced a family’s benefits ...[with] each increment in earned income. ...[A] family ... might see its total benefits fall by $2 for each extra dollar it earned. ...[N]o formal training in economics was necessary to see that working didn’t pay. In contrast, someone who worked additional hours under Mr. Friedman’s plan would always take home additional after-tax income.

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Highlight:

This is Extreme Wealth Inequality: How Does One Fix This? [View all] BrentWil Feb 2012 OP

A modest suggestion... Jackpine Radical Feb 2012 #1

Hear Hear, Sir... The Magistrate Feb 2012 #3

Why would that remedy be preferred? Art_from_Ark Feb 2012 #48

The French Revolution sucked for all involved.. BrentWil Feb 2012 #4

Yes, you're right, and I would never actually advocate a violent revolution. Jackpine Radical Feb 2012 #21

No, I haven't... BrentWil Feb 2012 #26

Here from Amazon (I'm trying to make everyone be aware of this book) Jackpine Radical Feb 2012 #34

THanks.. BrentWil Feb 2012 #50

The poor are going to 'die in the snow' as it is. Zalatix Feb 2012 #38

Don't think you can compare what is going on now to the march on Moscow.. BrentWil Feb 2012 #43

The French Solution Angry Dragon Feb 2012 #8

That is barbaric! Guy Whitey Corngood Feb 2012 #12

LOL!!! Zalatix Feb 2012 #44

I would suggest the reverse income tax... an idea from Friedman might work BrentWil Feb 2012 #2

Imagine ProSense Feb 2012 #9

Paul Krugman is a Conservative? BrentWil Feb 2012 #14

? ProSense Feb 2012 #16

Just read the top quote. BrentWil Feb 2012 #19

Hint: ProSense Feb 2012 #20

Sorry Robert Frank.. who isn't conservative BrentWil Feb 2012 #24

Well ProSense Feb 2012 #27

I there anything actually wrong with that argument and how I follow it up? BrentWil Feb 2012 #28

What ProSense Feb 2012 #30

It isn't ending safety nets... BrentWil Feb 2012 #31

Let's ProSense Feb 2012 #32

How is simply giving money to people who need it a scheme? BrentWil Feb 2012 #35

Your ProSense Feb 2012 #37

I personally do NOT have a problem with people becoming rich .... Trajan Feb 2012 #5

I dont either. However, BrentWil Feb 2012 #7

What about Me? freefaller62 Feb 2012 #23

R&R Riot and Revolution gopiscrap Feb 2012 #6

Three simple things would help a great deal bhikkhu Feb 2012 #10

I think a simple tax on all income not matter the source.. BrentWil Feb 2012 #18

The inheritance tax both would and wouldn't increase social mobility. Igel Feb 2012 #29

It is controversial bhikkhu Feb 2012 #39

Thanks! pnorman Feb 2012 #11

Well 90% tax rates for the top nadinbrzezinski Feb 2012 #13

To what end? What kind of tax? What will the revenue be used for? NT BrentWil Feb 2012 #15

Read on the great depression, your answers are there nadinbrzezinski Feb 2012 #22

Study: 92 percent prefer Swedish model (of wealth distribution) to US model when given a choice pampango Feb 2012 #17

Well, of course they would. Why wouln't they? oldhippie Feb 2012 #36

Eat the rich for starters. lonestarnot Feb 2012 #25

Does anyone know of any such extreme inequality being remedied without violence? oldhippie Feb 2012 #33

Can you give any examples of violence creating equality? bhikkhu Feb 2012 #40

Some leve of inequality is always present... BrentWil Feb 2012 #42

Violence tends to perpetuate inequality bhikkhu Feb 2012 #47

The new deal nadinbrzezinski Feb 2012 #41

Giving the working class money to spend.... That will create the jobs so badly needed.. And then midnight Feb 2012 #45

I agree NT BrentWil Feb 2012 #46

Tax the fuck out of the rich. Zoeisright Feb 2012 #49