Tag Archives: markets

Our Gardenbrain Economy – NYTimes.com

11 Jul

YES! The economy’s a garden, not a machine. It must be tended, not cranked. Right now the cranks are ruling the country and they’re making a mess of it!

What we require now is a new framework for thinking and talking about the economy, grounded in modern understandings of how things actually work. Economies, as social scientists now understand, aren’t simple, linear and predictable, but complex, nonlinear and ecosystemic. An economy isn’t a machine; it’s a garden. It can be fruitful if well tended, but will be overrun by noxious weeds if not.

In this new framework, which we call Gardenbrain, markets are not perfectly efficient but can be effective if well managed. Where Machinebrain posits that it’s every man for himself, Gardenbrain recognizes that we’re all better off when we’re all better off.

via Our Gardenbrain Economy – NYTimes.com.

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The End of Loser Liberalism: Making Markets Progressive

7 Sep

Follow the link to download a free copy of the book. We have.

Conservatives rely on the government all the time, most importantly in structuring the market in ways that ensure that income flows upwards. The framing that conservatives like the market while liberals like the government puts liberals in the position of seeming to want to tax the winners to help the losers.

This “loser liberalism” is bad policy and horrible politics. Progressives would be better off fighting battles over the structure of markets so that they don’t redistribute income upward. This book describes some of the key areas where progressives can focus their efforts in restructuring market so that more income flows to the bulk of the working population rather than just a small elite.

via The End of Loser Liberalism: Making Markets Progressive.