We Can't Have Extraordinary Dynamism, Innovation, And

If We're Concerned About Volatility Of Earnings Because We Want Some More Stability In Our Lives, Then Let's Create, Instead Of An Unemployment Insurance System, An Earnings Insurance System That Will Moderate The Volatility For A Certain Period Of Time Until We Get Back On Our Feet.

In The Early 1970s, Milton Friedman Argued That Corporations Should Not Be Socially Responsible Because They Had No Mandate To Be; They Existed To Make Money, Not To Be Charitable Institutions. But In The Economy Of The 21st Century, Corporations Cannot Be Socially Responsible, If Social Responsibility Is Understood To Mean Sacrificing Profits For The Sake Of Some Perceived Social Good. That's Because Competition Has Become So Much More Intense.

We Need To Expand Social Security To Prevent The Looming Retirement Crisis, And We Can Do It Simply By Asking Billionaires To Pay Their Fair Share.

Regardless Of How You Interpret The Facts, You Have To Come To The Conclusion That Inequality Is Widening In The Us And In Almost Every Other Country.

A Lot Of Attention Has Been Going To Social Values - Abortion, Gay Rights, Other Divisive Issues - But Economic Values Are Equally Important.