Reclaiming the Tax: Foregrounding the Public Covenant

By Maxximilian Seijo, a graduate student in the Humanities & Cultural Studies Department at the University of South Florida. On November 15th, 2017, Paul Ryan spoke on the House floor in support of the Foundations for Evidence-Based Policymaking Act. He said: I want to especially thank Senator Patty Murray for her willingness to work together … More Reclaiming the Tax: Foregrounding the Public Covenant

New Book: Employers’ Economics versus Employees’ Economy – How Adam Smith’s Legacy Obscures Public Investment in the Private Sector

By John F. M. McDermott. From Palgrave: This book argues that economic activity in the public sphere now underwrites private corporations, and rejects rigid adherence to traditional economic theories that no longer apply. Adam Smith’s widely used “merchant’s model” assumes that most investment is private, when in fact research demonstrates that public investment in the workforce … More New Book: Employers’ Economics versus Employees’ Economy – How Adam Smith’s Legacy Obscures Public Investment in the Private Sector

The Rise of the American Bond-holding Class

By Sandy Brian Hager, The history of class conflict, power and inequality in the United States has always been intimately bound up with the public debt. Already during the War of Independence (1775-‘83), revolutionary forces accumulated debts of $54 million, and a difficult task for the first Secretary of the Treasury, Alexander Hamilton, was to … More The Rise of the American Bond-holding Class