I missed posting yesterday because there was a Locus Foundation meeting (via Zoom) that began at 3pm my time and ran until 5:30pm, right through my blogging hour. At 5:30 it was time to get ready for dinner with my partner. The meeting was mostly a presentation by two consultants Liza had hired to provide a vision of how Locus might continue and thrive. Many things might change in the next year; I can say no more.
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Let’s see what I can choose from, among the links I’ve compiled from the past two days.
LA Times, Aine Seitz McCarthy, 5 Dec 2024: Opinion: America needs to retake Econ 101
If they ever took it at all, is my thought. I never took an econ course, but I read the news and follow economists like Robert Reich and Paul Krugman and have gathered that many things most people think are obvious about the economy simply aren’t true.
Politicians of all stripes need to move away from selling voters the false promise that they have control over inflation and globalization. … As voters, it is also our job to learn some basic economics, at least enough to understand supply and demand for housing; the effect of tariffs, taxes and subsidies as tools; and the causes of inflation.
With a list of economic policies that might actually work to do what Americans want: expand the earned income tax credit; expand the child tax credit; build more housing; subsidize child care.
