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Free Markets and the Welfare State

October 3, 2011Erik Kain

A brief note – my broad sketch for an ideal society is something like this: A market free from the many mangled rules and regulations that pollute the American economy to the detriment of innovators and start-ups and to the benefit of the entrenched status quo. This is not to say that all regulations are […]

Read more at Forbes.

byline=E.D. Kain, free markets, Occupy Wall Street, single-payer, social democracy, Washington, welfare state

America’s Vanishing Middle Class

September 15, 2011Erik Kain

Any analysis of wages earned in prior decades and wages earned today needs to take into account the fact that a lot of non-white-males have entered the workforce. Still, these are troubling numbers from John Cassidy of The New Yorker: Median earnings for full-time, year-round male workers: 2010—$47,715; 1972—$47,550. That not a typo. In thirty-eight […]

Read more at Forbes.

Archie Bunker, byline=E.D. Kain, Death of a Salesman, Economic inequality, Gini coefficient, healthcare costs, income inequality, market socialism, Middle class, Mother Jones (magazine), New Yorker, Politics, social democracy, Social Sciences, Tie a Yellow Ribbon Round the Ole Oak Tree, Tony Orlando, United States, Washington

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