Month: February 2017

  • Liberals Getting It Wrong on the Job Guarantee

    I’ve been quite troubled lately by voices I’ve been hearing from my compatriots on the Left discussing the Job Guarantee — especially in relation to an alternative, Universal Basic Income. A new Jacobin article by Mark Paul, William Darity Jr., and Darrick Hamilton displays several of the aspects that make me uncomfortable. Get the Math Right. Right off the bat,…

  • My Letter to the Fed: Stop Misrepresenting the National Debt

    The Fed data portal, Fred, just posted a blog item that I take exception to, “suggested” by Christian Zimmermann, Assistant Vice President of Research Information Services. Here’s my response. Dear Mr. Zimmerman: I’m pleased to see that this post focuses on the interest burden of the federal debt. It’s an important measure that doesn’t get…