Thanks for attending the revival jamboree for third way neoliberalism. I read Yglesias — seemingly the Bill Buckley of centrism — in hopes of one day hearing a substantive discussion of policy issues and the limits of market-based strategies to address them. We've been trying that for how many years? Fifty, more or less? And yet the prob…
Thanks for attending the revival jamboree for third way neoliberalism. I read Yglesias — seemingly the Bill Buckley of centrism — in hopes of one day hearing a substantive discussion of policy issues and the limits of market-based strategies to address them. We've been trying that for how many years? Fifty, more or less? And yet the problems are still very much with us. But let's not talk about the failure of incentive-based, market-based, tax-based policy strategies.
Perhaps we should actually try market-based, tax-based policy strategies. Our tax system is on of the most complex and inefficient systems in the world. Our ‘market-led’ policies are bedevilled by special interests of all hues, especially the plutocrats. And I’m guessing that the alternative to market-based policies are… presidential edicts? State control?
Have the argument about how to make market-based policies work better, how to have a fairer tax system, how to create sustainable growth. It’s hard work, but it’s better than the alternatives
Thanks for the comment. One of the problems with promiscuous and poorly thought through tax-based strategies is that they produce the insanely complicated, opaque, and inequitable tax code that we now have. Market-based solutions are doomed to fail if the cause of the problem they supposedly address is market failure. The alternative is definitely not autocracy (the fascist solution) or state ownership (the soviet solution). The solution is creative combination of policies that make use of self-interest to achieve public goods. Bit fatuous, I know, but its the particular details that's where the work is.
Thanks for attending the revival jamboree for third way neoliberalism. I read Yglesias — seemingly the Bill Buckley of centrism — in hopes of one day hearing a substantive discussion of policy issues and the limits of market-based strategies to address them. We've been trying that for how many years? Fifty, more or less? And yet the problems are still very much with us. But let's not talk about the failure of incentive-based, market-based, tax-based policy strategies.
Perhaps we should actually try market-based, tax-based policy strategies. Our tax system is on of the most complex and inefficient systems in the world. Our ‘market-led’ policies are bedevilled by special interests of all hues, especially the plutocrats. And I’m guessing that the alternative to market-based policies are… presidential edicts? State control?
Have the argument about how to make market-based policies work better, how to have a fairer tax system, how to create sustainable growth. It’s hard work, but it’s better than the alternatives
Thanks for the comment. One of the problems with promiscuous and poorly thought through tax-based strategies is that they produce the insanely complicated, opaque, and inequitable tax code that we now have. Market-based solutions are doomed to fail if the cause of the problem they supposedly address is market failure. The alternative is definitely not autocracy (the fascist solution) or state ownership (the soviet solution). The solution is creative combination of policies that make use of self-interest to achieve public goods. Bit fatuous, I know, but its the particular details that's where the work is.