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'Monstrous Moral Hybrids' and the Corrupting Quality of Public Debt

This is the penultimate version of the last of six chapters in a book titled Public Debt: An Illusion of Democratic Political Economy. This essay explores how public debt is a troubling practice for...

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Public Debt within Systems of Monopolistic Democracy

This paper is the penultimate draft of the fifth of six chapters of a book titled Public Debt: An Illusion of Democratic Political Economy. This paper modifies the benchmark condition of a cooperative...

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Budgeting and Public Debt within a System of Cooperative Democracy

This paper is the penultimate draft of the fourth of six chapters of a book titled Public Debt: An Illusion of Democratic Political Economy. This essay establishes an analytical benchmark of a...

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Engines, Ecologies, and Economic Systems

This is the third of six chapters of the penultimate draft of a book titled Public Debt: An Illusion of Democratic Political Economy. This essay asks the reader to think whether an economy in its...

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Political Economy and the Supply of Macro Guidance

This is the second of a six chapters of the penultimate draft of a book titled Public Debt: An Illusion of Democratic Political Economy. This essay explores just who it is that supplies the macro...

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Macroeconomics, Fiscal Policy, and Public Debt

This is the first of six chapters of the penultimate draft of a book titled Public Debt: An Illusion of Democratic Political Economy. The book’s theme is an elaboration and refinement of the early 20th...

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Public Debt

Over the past decades, economists have witnessed with growing uneasiness their failure to explain the ballooning of public debt in most countries. Using methodological individualism and microeconomics,...

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"Markets in Education" with David Schmidtz

Charter schools—which are still publicly funded and required to meet basic performance standards for public schools—are a marginal shift toward incorporating the mutually adjusting forces of supply and...

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Public Entrepreneurship, Citizenship, and Self-Governance

In this book Paul Dragos Aligica revisits the theory of political self-governance in the context of recent developments in behavioral economics and political philosophy that have challenged the...

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Reassessing the Notion of Work During the COVID-19 Pandemic

Over 4.4 million Americans filed new unemployment claims during the week ending April 18th, for a total of over 26 million claims from business closures, furloughs, and layoffs due to the COVID-19...

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