Daily Archives: September 20, 2012

Cutting Off Our Nose to Spite Our Face

By Joel David Palmer

We tie ourselves in knots developing strange moral equations to demonstrate why it’s ok to punish with impoverishment those we think don’t deserve an income. And we do it almost exclusively to rationalize a desire to not pay taxes. Our lives are hard enough, we say, without paying someone else’s way too. We suffer all kinds of anxieties – bad bosses, low wages, fear of layoffs, worry about having enough for retirement – and we are prone to resenting anyone who seems to have gotten even a slight advantage on us without, apparently, working so hard. Continue reading

Where does money come from?

By Paul Meli

An explanation of how money is created in the U.S. in easy to understand terms.