July 17, 2013
Against the Living Wage/”Subsidy” Arguments
Suppose, on a reasonably competitive market, that Bob’s labor is worth at most $1/hr to any potential employer. (Suppose that this is the best Bob will be able to produce…
Search Results for: minimum income
January 12, 2013
On John Quiggin’s Sectarian Social Democratic Ideal
Arts and Letters Daily recently linked to this essay by economist John Quiggin arguing that Keynes’s old ideal of the 15-hour working week is both within our economic grasp and…
December 05, 2012
Property-Owning Democracy is Unworkable
In my last two posts, I explained Rawls’s idea of a property-owning democracy (POD) as elaborated by Thad Williamson and Martin O’Neill in much of their recent work, including this…
November 28, 2012
Why Property-Owning Democracy?
In this post, following my previous post, I will review the Rawlsian arguments for property-owning democracy (POD) and comment a bit on their structure. In short, POD is required to…
November 20, 2012
Property-Owning Democracy
IN a recent Boston Review article, philosophers Martin O’Neill and Thad Williamson develop and defend Rawls’s ideal economic regime, property-owning democracy. Given that these two authors have recently put out…
July 21, 2011
Principles and Pragmatism
Over at Knowledge Problem, Lynne Kiesling reproduces a nice quote from Friedrich Hayek’s essay, “Principles or Expediency” (1971): From the insight that the benefits of civilization rest on the use…