The Foundations of Political Capitalism

By Matt Kelly Thomas Piketty’s Capital in the Twenty-First Century raised quite a stir last year among economists. Piketty identifies rising wealth inequality as inherent in capitalism, and recommends a worldwide wealth tax to temper its effects. Many have taken issue with Piketty’s data and analysis, and the idea that inequality is rising at all … Continue reading The Foundations of Political Capitalism

Transit Reform in Santiago

Original post date: October 18, 2013 Article by: Ben Douglas In 2007, Chile’s center-left ruling government coalition eliminated most private provision of transit, citing the need to eliminate profit and reduce the diversity of services offered to the traveling public in the capital city of Santiago. Additional concerns included the pollution, accidents, and traffic congestion … Continue reading Transit Reform in Santiago