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Steve Roth — Wealth Economics

Steve Roth

Economics as if wealth mattered

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Substack
PricingOnly free issuesPublishesWeekly
Issues43Founded4 years agoLast Issuea month ago
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Artwork for Steve Roth — Wealth Economics

Latest Issues

Mortgage Payments and the Vibecession: Homeowners’ “Cost of Living”

I came across a pretty eye-popping economic fact recently: The typical payment on a new mortgage for an average American residence has ~doubled since 2019.1 It was $913 in Dec. 2019; it’s $1,789 today. (Causes: increased home prices, and th...

a month ago
5
4

Is a More Broadly Prosperous Country a Richer Country?

If there’s one armchair economic truism that I give high credence to, it’s declining marginal utility. The first ice-cream cone you eat on a hot sunny day delivers a lot of utility. The second, significantly less so. (With ice-cream cones,...

a month ago
6

Does Government Military Spending “Fund” Shareholder Dividends, Buybacks, and Concentrated Wealth?

There are a lot of pathways and mechanisms in the US and worldwide that deliver wealth to assetholders, and that have perennially concentrated that wealth (hence power) into the hands of dynasties over millennia — notably over recent decade...

6 months ago
4
5

Inequality Researcher David Splinter Really Doesn’t Like (or Understand) Haig-Simons Income

“The greatest trick capital-gains
income ever managed was convincing
the world that it doesn’t exist.”
—Carlos Mucha (inventor of the PlatinumCoin)

This post draws on a far lengthier and more detailed paper — including suppo...

7 months ago
5

“We Should Really Reduce National Productivity!“ (?%#&@#??)

This BlueSky bleet really raised my eyebrows. Check out the whole thread.

I think my gentle readers will guess that I share these sentiments. But the thing that raised my eyebrows was the explicit suggestion that we should lower national p...

9 months ago
3
1

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  • Steve Roth

    National-accounting nerd and full-throated progressive economic populist, social democrat. Seize the wealth and income. wealtheconomics.substack.com

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