Showing posts with label myth busting. Show all posts
Showing posts with label myth busting. Show all posts

Tuesday, March 24, 2020

The Dangerous Myth of 'Taxpayer Money' Raúl Carrillo and Jesse Myerson


Ends with a political rant, but the part about "taxpayer money" being public money in reality is correct.

Splinter
The Dangerous Myth of 'Taxpayer Money'
Raúl Carrillo, practicing attorney and a director of The Modern Money Network and Jesse Myerson, an Indiana-based community organizer with Hoosier Action

Monday, December 10, 2018

William K. Black — Douthat’s Mendacious Meritocracy Myth

The funeral services for President George HW Bush triggered Ross Douthat’s nostalgia for the “aristocratic virtues of the old WASP establishment, and a disappointment with the meritocracy that has risen in its place.” This column ignores his nostalgia and alleged virtues and discusses briefly his bizarre assumption that a “meritocracy” runs America. Given the 2008 Great Financial Crisis (GFC) and President Trump, I thought that the meritocracy fantasy was dead. We are far closer to anti-meritocracy (a kakistocracy).
 The basis of conservatism is traditionalism, which in the extreme mythologizes the supposed "gold age" of the past and yearns for recapturing it essence through reactionary politics.

New Economic Perspectives
Douthat’s Mendacious Meritocracy Myth
William K. Black | Associate Professor of Economics and Law, UMKC