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Functional finance and the federal debt

Social Research: An International Quarterly 10 (1):38-51 (1943)

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Slaves of the defunct: the epistemic intractability of the Hayek–Keynes debate.Scott Scheall - 2015 - Journal of Economic Methodology (2):1-20.details The present essay addresses the epistemic difficulties involved in achieving consensus with respect to the Hayek–Keynes debate. It is argued that the empirical implications of the relevant theories are such that, regardless of what is observed, both theories can be interpreted as true, or at least, as not falsified. The essay explicates the respects in which the empirical evidence underdetermines the choice between the relevant theories. In particular, it is argued both that there are convenient responses that protect each theory (...) Download Export citation Bookmark
Modern Money Theory and Distributive Justice.Justin Holt - 2017 - Journal of Economic Issues 51 (4):1001-1018.details Modern money theory is a conjecture concerning fiscal spending and the nature of money. I show that modern money theory provides two interesting insights into distributive justice that have not been addressed in the recent Anglo-American distributive justice literature: (i) that the nature of a sovereign fiat currency allows for some distributive conflicts to be avoided; and (ii) that recent Anglo- American distributive justice theories assume that the economy is at capacity. Based on this, I consider if the policy results (...) Download Export citation Bookmark
Rationality and distribution in the socialist economy.Jan Philipp Dapprich - 2020 - Dissertation, University of Glasgowdetails The thesis provides a philosophically grounded account of a socialist planned economy. While I do not primarily consider a positive case for socialism, I address two major objections to it and thus argue that the possibility of socialism as an alternative form of economic organisation has been dismissed too quickly. Furthermore, I provide an account of the precise form a socialist economy should take, outlining general principles of planning and distribution. Based on a welfarist interpretation of Marx, I show that (...) Download Export citation Bookmark
Full Employment, Unconditional Basic Income and the Keynesian Critique of Rentier Capitalism.Alan Thomas - 2020 - Basic Income Studies 15 (1).details This paper compares and contrasts the basic income proposal with the alternative policy proposal of the state acting as employer of last resort. Two versions of the UBI proposal are distinguished: one is hard to differentiate from expanded welfare state provision. Van Parijs’s proposal is radical enough to qualify as major egalitarian revision to capitalism. However, while it removes from a capitalist class the power to determine the terms on which others labour, it leaves this class in place and able (...) Download Export citation Bookmark 1 citation
Adult Life: Aging, Responsibility, and the Pursuit of Happiness.John Russon - 2020 - SUNY Press.details What does it mean to be an adult? In this original and compelling work, John Russon answers that question by leading us through a series of rich reflections on the psychological and social dimensions of adulthood and by exploring some of the deepest ethical and existential issues that confront human life: intimacy, responsibility, aging, and death. Using his knowledge of the history of philosophy along with the combined resources of psychology, sociology, and anthropology, he explores the behavioral challenges of becoming (...) Download Export citation Bookmark

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