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You searched for: label/Welfare Theorems

Notes on global income disparities

…distance from the top to the bottom narrows (if one can call dropping from 27,149% to 20,162% a meaningful change). Income distribution is a serious welfare concern from the country…

Banks exiting TARP

…advantage from the government guarantee. They have soaked up corporate welfare and loved it, while still fighting with every breath any possibility of a “mortgage cramdown” which would permit homeowners…

Political economy of lobbying

…pay, but only the politician wins. Oh, and we lose as well. A politician who represented “the People” would write a law that maximized the positive change in social welfare,…

The Rule of Capture and Legalized Theft

…gas. In a world in which Goldman, Welfare, Queen & Sachs plays such a prominent role, I worry about what will happen when the folks on Wall Street learn about…

1204 and forever…more unitary executive?

…ever going to try and deal with the main street economy, or is that for historians? Where is the vision for more than the welfare of financials, or multinational companies?…

Score the War

…we could do to “provide for the common defense” and more that we could do to “promote the general welfare”, and maybe this one is so vital that we have…

Public Option…for property insurance

…billion in all, Taylor’s staff estimated. Contrast the two Mississippi Republican senators’ determined action to get welfare for flooded buildings with their votes against expanding SCHIP health insurance for poor…