Timothy Taylor – Kruse Kronicle

Socialism Is A Freighted Word According To David Bentley Hart. So Why Is He Defending It?

Apr 29, 2019

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in Capitalism and Markets, Economics, Politics, Public Policy, Socialism

Theologian David Bentley Hart wrote an op-ed Can We Please Relax About 'Socialism'. The byline says, "Only in America is the word freighted with so much perceived menace." As he frames it, socialism is simply about creating a more equitable economy, not about recreating the Soviet Union or Venezuela. This is what people like Sanders…

Global Inequality in Decline

Oct 21, 2015

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mwkruse

in Great Divergence, Trends: Economic, Weatlh and Income Distribution

This chart comes from Timothy Taylor's post, The Shifting World Distribution of Income. One notable thing I saw was that median annual income (measured in purchasing power parity dollars) doubled from 2003 to 2013. This chart suggests it will double again within about 20 years. Of course, the most obvious change is the collapse of…

What Critics Misunderstand about Abundance and Cooperation in Economics

Sep 4, 2014

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mwkruse

in Capitalism and Markets, Economics, Theology

Critics of economics, particularly in the world of religion, frequently charge that the discipline is grounded in a mindset of scarcity and competition versus what they champion: abundance and cooperation. The critique is considerably overblown. First, economists recognize the world for what it is. Virtually nothing we use comes in usable form directly from nature.…

The “Immorality” of Economics

Jun 12, 2014

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mwkruse

in Economics, Theology

Alex Tabarrok writes today, The Moral Inversion of Economic Thinking: In a delightful, short article on Economics and Morality, Timothy Taylor asks why economics has a reputation for leading to corruption: Political science, history, psychology, sociology, and literature are often concerned with aggression, obsessiveness, selfishness, and cruelty, not to mention lust, sloth, greed, envy, pride,…

Science and Technology Links

Nov 26, 2013

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mwkruse

in Environment, Health and Medicine, Links – Science and Technology, Politics, Public Policy, Science, Sociology, Technology (Biotech & Health), Technology (Food & Water), Technology (Manufacturing & Construction)), Trends: Economic, Trends: Social

1. The Cultural Cognition Project The Cultural Cognition Project is a group of scholars interested in studying how cultural values shape public risk perceptions and related policy beliefs. Cultural cognition refers to the tendency of individuals to conform their beliefs about disputed matters of fact (e.g., whether global warming is a serious threat; whether the…

Economics Links

Oct 21, 2013

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mwkruse

in Capitalism and Markets, Economics, Environment, Europe, Links – Economics, Poverty, Public Policy, Sociology, Trends: Economic, Trends: Social, Wealth and Income, Weatlh and Income Distribution

1. Timothy Taylor (The Conservable Economist) has several interesting graphs on The Global Wealth Distribution 2. Britain Just Privatized Its Mail Service at a $1 Billion Discount The largest initial public offering in Europe in more than two years could have been even larger. The privatization of the Royal Mail, in which around two-thirds of…

Tag: Timothy Taylor

Socialism Is A Freighted Word According To David Bentley Hart. So Why Is He Defending It?

Global Inequality in Decline

What Critics Misunderstand about Abundance and Cooperation in Economics

The “Immorality” of Economics

Science and Technology Links

Economics Links