Hard and Soft Infrastructure

After summer recess, Congress will get back to work on two infrastructure bills. One will deal with hard infrastructure (roads and bridges) and will have bipartisan support. It’s certainly needed because the American Society of Civil Engineers report card has given us a C-. While we have been busy burning up $2 trillion dollars inContinue reading “Hard and Soft Infrastructure”

Social Democrat vs. Democratic Socialist

I recently saw the following meme which closely expresses my point of view on economics and politics: I’m a fan of Senator Bernie Sanders and Representative Alexandria Ocasio-Cortez and consider them to be important voices in today’s political scene. Even though I mostly share their vision, I’m not comfortable with the label Democratic Socialist. IContinue reading “Social Democrat vs. Democratic Socialist”

How Bad is Wealth Inequality?

Back in 2013, a video that provided a visualization of wealth in America went viral. Imagine one hundred Americans standing on a football field, one yard apart from each other, arranged from poorest to richest. They represent income percentiles. Now visualize each person’s wealth as a stack of $100 bills. The stack starts out veryContinue reading “How Bad is Wealth Inequality?”

Economics for the Rest of Us 101

So you want to learn more about economic justice but don’t know where to start? Here are a couple of suggestions. The work of Robert Reich. He’s a little guy who looks out for the little guy and makes the principles of a just economy easy to understand. Check out his documentary Inequality for AllContinue reading “Economics for the Rest of Us 101”