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Amor Mundi 11/9/14

In this week's Amor Mundi, we speculate about the future of privacy in the Internet of Things, celebrate moments enjoyed in solitude, refuse to accept the biggest financial cover-up in history, and much more! Posted on 10 November 2014 | 10:30 am

Borrowing from Peter to Pay Paul

Stephanie A. Miner, the Mayor of Syracuse NY, has an important op-ed essay in The NY Times Thursday. Syracuse is one of hundreds of cities around the state and tens of thousands around the country that are struggling with the potentially disastrous effects of out-of-control pension costs. Where this crisis is heading can be seen…Read more Borrowing from Peter to Pay Paul Posted on 15 February 2013 | 10:23 am

The Pension Crisis in Cities

The Pew Center on the States issued a study this week that sheds further light on our municipal pension problems, a political crisis with strong Arendtian overones. Where most studies have focused on the enormous problems faced by states, this one focuses on cities: Cities employing nearly half of U.S. municipal workers saw their pension…Read more The Pension Crisis in Cities Posted on 17 January 2013 | 2:21 pm

The Perverse Incentives of Student Debt

Student debt in the United States is now around $1 Trillion. This debt is inextinguishable, which means that banks and policy makers have insisted that young people be more responsible for their bad financial decisions than adults or corporations, both of which can, of course, free themselves from un-payable debts through bankruptcy. Not so for…Read more The Perverse Incentives of Student Debt Posted on 28 September 2012 | 2:19 pm

The New Class War: Public vs. Private

Occupy Wall Street focused attention on one conception of class conflict-the super wealthy against the 99%.  As successful as OWS was in spreading its message, almost no legislative agenda emerged. The Tea Party focused its attention on the tax burdens faced by the middle classes and the upper middle classes.  The villain for the Tea…Read more The New Class War: Public vs. Private Posted on 7 June 2012 | 11:40 am

Political Scientists Bemoan Funding Cuts

Political scientists around the country are in a huff here, and here, and here. The reason has little to do with the upcoming election, the vacuum in political leadership, or the state of the world. No, they are upset because Arizona Congressman Jeff Flake has proposed cutting the National Science Foundation’s Political Science Program that…Read more Political Scientists Bemoan Funding Cuts Posted on 16 May 2012 | 11:52 am

Pension Ponzis: Questions About the Public Interest

The public pension crisis is eroding the American social contract. While many are up in arms against Governor Scott Walker’s heavy-handed attack on public unions, the fact is that Democratic governors in NY and California are also struggling with the inevitable need to reduce public pensions. Governor Jerry Brown in California admitted recently that public…Read more Pension Ponzis: Questions About the Public Interest Posted on 20 March 2012 | 11:29 am

The City on the Hill is Bankrupt: Politically, Not Economically.

AAA is gone, and with it, one fears, the City on the Hill. American exceptionalism is a fraught theme, and yet it still provides a demand for action that inspires and stiffens the Emersonian backbone of the nation. It is not the economy that will burn the city to the ground, but our collective political…Read more The City on the Hill is Bankrupt: Politically, Not Economically. Posted on 7 August 2011 | 9:54 am