Issue #20, Spring 2011

Individual Age Economics

First Principles: Arguing the Economy

The task ahead in the Individual Age is to create a Horatio Alger economy, a drive to rebuild the possibility of upward mobility that is at the heart of the American experience. For today’s middle-class Americans, life is a game of “Chutes and Ladders” with more chutes than ladders. While individuals have been thrown back upon themselves, both progressives and conservatives have acted as if the economy still functions from the top down. If America is to recapture the economic growth that was Hamilton’s concern and the broad equality of opportunity that was Jefferson’s dream, our mission must be to forge a new economics for the Individual Age that rethinks our economy from the bottom up.

Issue #20, Spring 2011
 
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Glenn Snead:

Andrei, how do you propose we spur our dino-laden government into change? D vs R and R vs D doesn't work. D is R and R is D. Your paper has merit, but your steady belief in the government is your biggest failure.

Remember that one definition of political insanity is trusting the same organizations that routinely fail you, then expecting a different result.

Mar 19, 2011, 12:06 AM
Patrick Nevis:

Thank you for your thought-provoking article. I've often felt the 2 parties are more similar than not, but you've explained the political philosophical basis for it. They are both committed to bigness and individual rights with different means to similar ends. For them to significantly reduce their commitment to bigness would take changes about which I don't think they are capable unless they get help. Historically, our 2 parties have changed when a third party brings up good ideas with broad popular appeal; e.g., Bull Moose Party of 1912, which advocated social security, workmen’s compensation, women’s suffrage, and federal income tax to name a few. I thought for a while the Ross Perot's United We Stand America presidential effort (electronic direct election of national officials, balance the budget, pro-choice, and anti-gun control) was going to help make that change before he self-destructed. Also, it's unfortunate that the Tea party isn't this third party, though they head in the right direction in some ways. The ideas they profess attempt to get at one "bigness"- big government - without addressing the other "bigness"- the centralization of wealth in the hands of the few. In addition, many of the impacts of their policies also hurt individual economics for those with less means, especially the young in health care, education and safety. Too bad they couldn't have taken a broader view of the problem. Seems we need another third party.

Mar 20, 2011, 9:48 PM
Ty Brentwood:

To establish an Economical Platform that proclaims what is Right for the People at its heart, consider the merits of The FALGAFT Plan.

Mar 21, 2011, 2:12 AM
Patrick Nevis:

Where can I obtain a copy? I've looked on the internet and find only references to it. Thanks

Mar 21, 2011, 2:40 PM
Maureen Schmid:

Meanwhile there is the debt. The Individual Age Economy can't be every man/woman for himself/herself. We see where that philosophy has gotten us. How about this? Every extended family sends a member to college. Everyone who can pay keeps his/her mortgage. The rich forego their Social Security benefits. The moderately fixed take a cut in their benefits. How about politicians asking citizens to step up?

Mar 30, 2011, 2:57 PM
Alan Reder:

This piece is provocative but it also raises a lot of questions.

1. Not everyone is cut out to be an entrepreneur. What do those folks do if they can't find a job? I have a close relative who is a wonderful employee. She couldn't start or run a business to save her life. If she loses her job, she's sunk.

2. What kinds of businesses will all these entrepreneurs start when the middle class is tapped out and has no extra money to spend and large corporations can out-compete them in so many businesses? You can't start an office supply store in an age of Office Depot or a hardware store in an age of Home Depot.

Apr 1, 2011, 10:04 PM
Ty Brentwood:

The FALGAFT Plan is putting together a Public Draft on a web site.
go to https://sites.google.com/site/falgaftplan/
Apparently due to the size and configuration it will take awhile to complete.
Keep an eye on it as it grows.

Apr 18, 2011, 2:59 AM
Steve McKinney:

I'm thrilled to have just discovered your site. As I read I couldn't help but thinking "yes, but...." Basically, I would be concerned about that idea of always fighting the last war or trying to outguess that mysterious process which brings about society spontaneously. Your ideas could already be obsolete but we won't know that for a while.

Jun 8, 2011, 8:00 AM

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