Frequently, we are told by the right that progressive taxation is bad policy, that it diminishes the motivation of entrepreneurs and “job creators”. But what is the relationship between money and motivation? Does more income lead to higher productivity? It turns out, if you phrase the question correctly, the answer is already well known, and the implications of that answer comprise today’s topic.
Continue reading “Money and Motivation: A Shocking Contradiction”
Today I find myself preparing to board plane to resume my final undergraduate year at the University of Warwick in Britain. But what sort of country am I coming back to? Has Britain’s government managed to turn around the country’s economic situation, buoyed by the Olympics, or does Britain remain stuck in the doldrums? That is today’s topic.
Barack Obama addressed the United Nations yesterday on the subject of Middle East policy. In the meantime, Mitt Romney continued to criticise the Obama administration on the same issue. Today I would like to discuss the remarks of each, and point out one key flaw at the heart of both men’s policies.
There’s a lot of fear in the United States and elsewhere with regard to a rising China. Many people are worried about the amount of government debt China possesses, or how so many jobs in industry and manufacturing have moved over there. Increasingly, China and the United States are being compared to one another as if their power outlay were more or less equal–in Pakistan for instance, the numbers are more or less even on the question. However, there are several key reasons why Sinophobia is exaggerated and unnecessary, and they comprise today’s topic.
There is a wide spectrum of disagreement on political and ethical questions. It is often wondered how it is possible for so many people to have so very widely divergent conceptions of what it means to do good politically. In an attempt to answer this and similar questions, I have developed a mathematical model to roughly estimate the ethical rightness or wrongness of a given government policy that illuminates where these differences come from. Today, I would like to share it. It’s called “The Core Goods Model”.
