Why You Should Get a Raise

Since the global economic crisis of 2008, many of the world’s advanced economies continue to struggle to recover. In many of these countries, growth since the crisis has been much slower than it was in the years prior. Indeed, when we look closely, we see that the 2004-2007 growth average is higher than the 2010-2013 average in just about all the major advanced economies, and that in some countries this difference is very large:

Slowing GDP Growth

What’s holding back recovery? To understand this, we need to understand what kind of economic crisis we’re trying to recover from in the first place. Continue reading “Why You Should Get a Raise”

A Serious Policy Analysis of House of Cards’ “America Works” Program

I am a huge fan of Netflix’s House of Cards, which stars Kevin Spacey as Frank Underwood, a ruthless political anti-hero. Here’s the trailer, if you haven’t seen it. It’s really good:

I launched into the 3rd season yesterday and was fascinated by Underwood’s “America Works” proposal. Very minor spoilers here–Underwood plans to eliminate or restructure America’s entitlement programs, using the money saved to create 10 million jobs, which will apparently cost $500 billion. Now, this is a television show. There are no CBO reports to look at, no detailed policy analyses or public policy research, but I want to dig into this and take the opportunity to explore some of the issues with entitlement programs.

Continue reading “A Serious Policy Analysis of House of Cards’ “America Works” Program”

Should People Have a Right to Have Children?

Many of my blog posts make some pretense of having something to do with a current event or news item. But sometimes I find myself thinking about larger issues of general principle that do not easily map onto any of the day’s controversies. This is that sort of post. I’ve recently found myself thinking about whether or not human beings should have an inalienable right to have children. It seems to me that we commonly assume that people do or should have this right, but it is not at all obvious to me that this is really the case. Here’s why.

Continue reading “Should People Have a Right to Have Children?”

No, We Should Not Arm Ukraine

In a recent report titled Preserving Ukraine’s Independence, Resisting Russian Aggression: What the United States and NATO Must Do, the Brookings Institution in conjunction with the Atlantic Council and the Chicago Council on Foreign Affairs advise NATO to drastically increase its arms commitment to Ukraine. The report has fundamentally misunderstood the nature of the conflict in Ukraine and has consequently given governments advice that is both irrelevant and terrible. Here’s why.

Continue reading “No, We Should Not Arm Ukraine”

Syriza vs. The Troika: What’s Going on in Greece

With the recent election of Syriza (Coalition of the Radical Left) in Greece, it’s time to revisit the Eurocrisis. I’ll be trying to answer several questions:

  1. What’s going on in Greece right now?
  2. What does Syriza want to do?
  3. What does the troika want Syriza to do?
  4. What happens if Syriza and the troika can’t agree?

Continue reading “Syriza vs. The Troika: What’s Going on in Greece”