I just discovered the author of "A Beautiful Mind" is about to come out with a book on the history of "the welfare state":
Illusration by Bryan Dalton
By Sylvia Nasar Sep 7, 2011 8:00 PM ET 13 Comments
“You are young, pretty, rich, clever, what more do you want?” Beatrice Potter’s poor relation asked her with a trace of exasperation. “Why cannot you be satisfied?”
Like the heroine of Henry James’s 1881 novel, “Portrait of a Lady,” Beatrice had been brought up with an unusual freedom to travel, read, form friendships and satisfy her “great desire for knowledge.” Born in 1858 as the ninth daughter of a railway magnate and political liberal, she was “brought up in the midst of capitalist speculation” and “the restless spirit of big enterprise.”
She longed for a “real aim and occupation.” Her early mentor was Herbert Spencer -- the libertarian philosopher who coined the term “survival of the fittest” -- who encouraged her to pursue a career as a “social investigator.” She took the advice to heart, and by the time that career was over, Beatrice had invented the think tank, supplied the young Winston Churchill with a reform platform, and conceived the modern welfare state decades before the New Deal.
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A collection of articles defining our times. Over here, articles live forever... The pages contain clickable links, don't let The titles fool you; some of the best articles have very non-descript titles, and there are usually more articles on the matters in the days and weeks The links land on, so it's a sort of treasure hunt through history, Enjoy! /\ \/ After you click on a page, just scroll down to see the links. Hmmm... it seems no one is allowed to subscribe, can you guess why? lol.
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Showing posts with label economy states good hope. Show all posts
Showing posts with label economy states good hope. Show all posts
Friday, September 9, 2011
Saturday, August 27, 2011
The 10 States With the Best Economies in America
Not all states have experienced the same kind of economic pain since the Great Recession began.
August 26, 2011
The best local economy in the United States, by far, is the DC metropolitan area. Average incomes in the region top $150,000, more than triple the national average. The reason for Washington's affluence (or parts of Washington's affluence – the Capitol also has abundant poverty) is clear: while the rest of the economy is facing a crisis in demand as a result of high unemployment and stagnant wages in the private sector, the Capitol, in classic Keynesian style, is making up for it with plenty of public spending, which has skyrocketed since 9/11 – defense and homeland security contractors, and other firms providing goods and services to the government are flush.
It's the same model that got us out of the Great Depression, but in this age of austerity, Washington isn't spreading enough public dollars around to help those of us living in the 50 states. Even so, not all states have seen the same kind of economic pain since the Great Recession began. Here are 10 that are doing pretty well, with relatively low unemployment, fewer homes in foreclosure, decent wages and a large share of their populations enjoying health insurance. It's not a comprehensive analysis of the thousands of economic metrics one might examine, but it does provide a handy snapshot of some of the states that are weathering the storm fairly well.
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August 26, 2011
The best local economy in the United States, by far, is the DC metropolitan area. Average incomes in the region top $150,000, more than triple the national average. The reason for Washington's affluence (or parts of Washington's affluence – the Capitol also has abundant poverty) is clear: while the rest of the economy is facing a crisis in demand as a result of high unemployment and stagnant wages in the private sector, the Capitol, in classic Keynesian style, is making up for it with plenty of public spending, which has skyrocketed since 9/11 – defense and homeland security contractors, and other firms providing goods and services to the government are flush.
It's the same model that got us out of the Great Depression, but in this age of austerity, Washington isn't spreading enough public dollars around to help those of us living in the 50 states. Even so, not all states have seen the same kind of economic pain since the Great Recession began. Here are 10 that are doing pretty well, with relatively low unemployment, fewer homes in foreclosure, decent wages and a large share of their populations enjoying health insurance. It's not a comprehensive analysis of the thousands of economic metrics one might examine, but it does provide a handy snapshot of some of the states that are weathering the storm fairly well.
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