The third post for Stirring the Pot in August 2015 was titled Class Warfare and dealt with the problem of inequality in the United States. It is an issue that I have returned to several times since. Inequality continues to erode the social fabric of this nation and the situation grows worse with each passing […]
I first encountered the idea that the future was something one could study in 1971 from historian Roger Howell Jr. In one way or another, thinking about the future informed much that I have written about since, including here in Stirring the Pot. In my way of thinking about the future, I believe there should […]
Some professional football players have taken to using their prominence as a platform to call for social action. These athletes protest during the national anthem before NFL games, an act by which they are bringing attention to the fact that the promise of America has not been fulfilled for everyone. “Liberty and justice for all,” […]
When I was teaching, I used to joke with students that my classes were particularly demanding because I wanted to be sure they would succeed in the real world so that they could pay for my Social Security checks. Economists are supposed to believe that self interest is the dominant human motivator. I was only […]
In the environmental debates of the 1970s, one common name hurled at environmentalists was to call them “neo-Malthusians.” This dismissive insult was meant to imply that the concern for environmental issues was nothing more than the contemporary application of the failed analysis of Thomas Malthus (1766-1834). Malthus was a classical economist in the tradition of […]
A few years ago I was visiting the museum of a local Maine historical society. When the docent discovered I worked as an economist, he immediately wanted to show me their collection of early currency that had circulated in the community. His assumption was that an economist would, of course, be interested in money. I […]
The trouble with taxes is that no one likes to pay them. We want the services of government (good roads, public schools, national defense, a functioning court system, etc.) but would rather that someone else pay for these things. Yet taxation is necessary in modern society. Taxes are needed to fund what economists call public […]
For some Mainers, the answer might be to stock up on Allen’s Coffee Brandy and buy a few lottery tickets. Others would pay off some credit card debt or put the money in the bank. Some might buy blankets and towels to give to the local humane society to better care for furry friends. A […]
Economists become famous by winning the Nobel Prize (technically the Swedish National Bank’s Prize in Economic Sciences in Memory of Alfred Nobel) or becoming public intellectuals like John Kenneth Galbraith or Paul Krugman. But economists do not have to be famous to be important. Significant contributions come in many guises. The most important economist you […]
For several years, Republicans in Congress routinely made a show of voting to repeal the Affordable Care Act (ACA), which they pejoratively labeled Obamacare. Having refused to participate in the crafting of health care reform, they offered no alternative to the ACA. Nor did they suggest ways to improve the system despite the President’s call […]
