Comments for Rethinking the Economy http://rethinkecon.org Stumbling towards a new model for creating growth, opportunity, and justice Tue, 18 Aug 2009 21:46:17 -0600 http://wordpress.org/?v=2.8.5 hourly 1 Comment on Richard Thaler Wimps out (or, the Limits of Behavioral Economists) by Health care: out of options? « Blogging Through the Wreckage http://rethinkecon.org/2009/08/17/richard-thaler-wimps-out-or-the-limits-of-behavioral-economists/comment-page-1/#comment-48 Health care: out of options? « Blogging Through the Wreckage Tue, 18 Aug 2009 21:46:17 +0000 http://rethinkecon.org/?p=743#comment-48 [...] August 18: Rethinking Economics has a pointed rebuke to Thaler.  So does Dean Baker.  Both suggest he dismisses the public option [...] [...] August 18: Rethinking Economics has a pointed rebuke to Thaler.  So does Dean Baker.  Both suggest he dismisses the public option [...]

]]> Comment on Principle #4: Use Checks and Balances by Why Don’t Buffett’s Folks Ask for Checks and Balances? http://rethinkecon.org/2009/05/04/principle-4-use-checks-and-balances/comment-page-1/#comment-5 Why Don’t Buffett’s Folks Ask for Checks and Balances? Mon, 11 May 2009 11:52:08 +0000 http://ageofopportunity.org/rethinkecon/?p=152#comment-5 [...] Even if we can somehow manage to change the rules, millions more will be spent to gut the rules. That’s how we got into this crisis in the first place. Shareholders can’t do anything about it today because although they “own” the company via shares, they don’t have the power that real owners do. Why not fight so shareholders can keep financial companies from spending millions to change the rules in ways that screw everybody else over? And fight so that folks like the rest of us, whose money is in 401(k)s and pension funds, can vote as to how 401(k) and pension managers use the “ownership” we have in financial companies to make sure they advocate for what we think is good for us. In short, create some checks and balances. [...] [...] Even if we can somehow manage to change the rules, millions more will be spent to gut the rules. That’s how we got into this crisis in the first place. Shareholders can’t do anything about it today because although they “own” the company via shares, they don’t have the power that real owners do. Why not fight so shareholders can keep financial companies from spending millions to change the rules in ways that screw everybody else over? And fight so that folks like the rest of us, whose money is in 401(k)s and pension funds, can vote as to how 401(k) and pension managers use the “ownership” we have in financial companies to make sure they advocate for what we think is good for us. In short, create some checks and balances. [...]

]]> Comment on Principle #4: Use Checks and Balances by KJ http://rethinkecon.org/2009/05/04/principle-4-use-checks-and-balances/comment-page-1/#comment-4 KJ Tue, 05 May 2009 14:16:54 +0000 http://ageofopportunity.org/rethinkecon/?p=152#comment-4 Thanks for the post. One, it made me think of the Lion King. Hakuna Matata! Two, it demystifies the market, which is our national religion. I appreciate that effort, as I don't think we talk about it enough. People run around NOT questioning the rules. It's annoying. Keep up the good work. Thanks for the post. One, it made me think of the Lion King. Hakuna Matata! Two, it demystifies the market, which is our national religion. I appreciate that effort, as I don’t think we talk about it enough. People run around NOT questioning the rules. It’s annoying. Keep up the good work.

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