Who is more Fiscally Responsible – Citizens or Elected Politicians?

In the blog-series ‘Democratization – Put your Money where your Mouth is with LIG’ I briefly discussed an argument against direct democracy (placing authority directly in the hands of citizens rather than elected politicians) that dates from the time of Plato – the argument being that citizens would make ‘bad decisions’ and don’t possess the necessary intelligence, knowledge and skills required in political decision-making. I came across the following...

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Transcending False Dilemmas with Living Income Guaranteed – Part 5 - Kill or Be Killed

This post is a continuation to the blog-posts: Transcending False Dilemmas with Living Income Guaranteed – Part 1Transcending False Dilemmas with Living Income Guaranteed – Part 2 – Sustainability vs Full EmploymentTranscending False Dilemmas with Living Income Guaranteed – Part 3 – Tools of InterventionTranscending False Dilemmas with Living Income Guaranteed – Part 4 – Abundance of choice vs SustainabilityPlease read them first for context.  Example...

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Transcending False Dilemmas with Living Income Guaranteed – Part 4 – Abundance of choice vs Sustainability

This post is a continuation to the blog-posts: Transcending False Dilemmas with Living Income Guaranteed – Part 1 Transcending False Dilemmas with Living Income Guaranteed – Part 2 – Sustainability vs Full Employment Transcending False Dilemmas with Living Income Guaranteed – Part 3 – Tools of Intervention Please read them first for context. Example 4 ‘We’ve created a society with an abundance of choices and so freedom to choose. Producing...

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Transcending False Dilemmas with Living Income Guaranteed – Part 3 – Tools of Intervention

This post is a continuation to the blog-posts:Transcending False Dilemmas with Living Income Guaranteed – Part 1Transcending False Dilemmas with Living Income Guaranteed – Part 2 – Sustainability vs Full EmploymentPlease read them first for context. Example 2 ‘The government has two kinds of policy at its disposal to correct market failures: fiscal policy and monetary policy – not using these policies means letting the free market dictate...

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