When laissez-faire creates instability, the move to a freer market can be something less than pure gain.
If social security depresses savings rates, it is only because it is unfunded. - Robert Kuttner
If social security depresses savings rates, it is only because it is unfunded.
- Robert Kuttner
Technological change is beneficial only when other jobs replace the ones lost. - Robert Kuttner
Technological change is beneficial only when other jobs replace the ones lost.
In a world where technology and capital are highly transferable, there is a real risk that comparative advantage comes to be defined as whose labor f… - Robert Kuttner
In a world where technology and capital are highly transferable, there is a real risk that comparative advantage comes to be defined as whose labor f…
Technological advance often thrives in sheltered and subsidized markets, which defy free trade. - Robert Kuttner
Technological advance often thrives in sheltered and subsidized markets, which defy free trade.
George Stigler Nobel laureate and a leader of Chicago School was asked why there were no Nobel Prizes awarded in the other social sciences, sociology… - Robert Kuttner
George Stigler Nobel laureate and a leader of Chicago School was asked why there were no Nobel Prizes awarded in the other social sciences, sociology…
American critics of welfare statism are often surprised to learn that countries like West Germany, with a much more comprehensive welfare state and a… - Robert Kuttner
American critics of welfare statism are often surprised to learn that countries like West Germany, with a much more comprehensive welfare state and a…
Not surprisingly, extensive effort in Britain and America goes into finding tax shelter. the system is "efficient" for the shelter industry, not for … - Robert Kuttner
Not surprisingly, extensive effort in Britain and America goes into finding tax shelter. the system is "efficient" for the shelter industry, not for …
Henry Ford, in a sense, was the first Keynesian. He paid his assembly workers high wages so they could afford to buy his cars. - Robert Kuttner
Henry Ford, in a sense, was the first Keynesian. He paid his assembly workers high wages so they could afford to buy his cars.
For over a century, popular struggles in the democracies have used the nation-state to temper raw capitalism. The power of voters has offset the powe… - Robert Kuttner
For over a century, popular struggles in the democracies have used the nation-state to temper raw capitalism. The power of voters has offset the powe…
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