Reddit mentions of Paradox Economics: 19 Counterintuitive Economic Phenomena and Common Misconceptions

Okay, so to start.

'Raising the Floor' by Stern, 'Utopia for Realists' by Bregman and 'Basic Income' by Parjis provide a wealth of data on basic income, but also shorter work weeks and open borders. It details their cost and benefits as well as ways to fund them. 'Paradox Economics' by Parkinnen fuses these ideas with things like negative interest rates & free money.

These cover the funding, implementation & advantages of basic income. It also covers their relation to welfare states generally, to the work week and even somewhat to funding (Henry George & Tom Paine both proposed ground rents & basic income together a long time ago).

For more on the growth effects of Open Borders check out 'Immigration Economics' by Borjas, for worker ownership check out 'After Occupy' by Malleson and for shorter work weeks check out 'True Wealth' & 'The Overworked American' by Juliet Schor. 'Revisting Keynes' by MIT press provides a sort of neoclassical rebuttal to Schor, though that isn't the authors intent.

Borjas meant his book as a critique of immigration, but he even acknowledges open borders would lead to an 85% increase in the growth rate. Malleson summarizes the advantages of worker ownership. Juliet Schor documents the fall in leisure and its non relation to productivity.

For the growth effects and equity effects of ground rent taxation and its key features see: 'After the Crash', 'the Mason Gaffney Reader', 'The Corruption of Economics', 'Land and Taxation' by Mason Gaffney. Additionally, the edited volume 'Rent Unmasked' by Gaffney et al. is very helpful. The book a 'New Model of the Economy' by Hodgkinson provides a theoretical basis for all of this. Though it should be said that even Stiglitz endorsed it, as in his paper on the Henry George theorem and his book with Greenwald 'Creating a Learning Society.' Mason Gaffney's papers are all available for free on his website. 'Land Value Taxation' by Netzer provides a critical response, but then critical responses to those criticism. For a general theoretical perspective that merges g-rent perspectives with Marxian & Harvey type perspectives check out 'Reconstructing Urban Economics' by Obeng-Odoom. For a contrasting neoliberal perspective check out 'The Environmental Advantages of Cities' published by MIT press & 'Urban Labor Economics' by Cambridge University Press. Fred Harrison's books 'Ricardo's Law' & 'Boom Bust' are also good.

These cover the theoretical basis for ground rent taxation, its superiority to other forms of taxes, its effects on equity and stability, its ability to generate revenue, its relation to dead weight loss, to the commons, to replacement, to the environment, to land use, to zoning, to IP, to urbanization, to housing, to neo classical economics, to capital theory, to Marxian thought and to many many other things. Between Rent Unmasked, A New Model, After the Crash & Land and Taxation are the best combo.

For an application of Ground rent taxes that everyone likes check out 'The High Cost of Free Parking' by Donald Shoup and 'Markets in Virtue, Markets in Vice' by John Braithewithe. These detail the uses of vice & externalities taxes to change behavior generally. The Shoup book is highly acclaimed.

For work on the costs and benefits of drug legalization the best to read are Jeffrey Miron, Jefferson Fish, Ethen Nadelmann and others. Similarly, it shows the costs of legalization and the benefits of taxing and regulating it.

For intellectual property check out 'Against Intellectual Monopoly' by Boldrin & 'The Entrepreneurial State' by Mazzucatto & 'Creating a Learning Society' by Stiglitz.

These books cover IP, service economies and public funding for R&D and common goods.


For general perspectives see 'Alternatives to Capitalism' edited by Elster, 'Envisioning Real Utopias' by Erik Olin Wright, 'Inventing the Future' by Scrinek and 'Postcapitalism' by Paul Mason. These cover basic income & other policies for a radical world.

These detail complete world pictures with baisc income, the welfare state, worker ownership and so on, as wel as techno utopianism.

Michael Albert and Robin Hahnel also do some great work, from their original work on Parecon, the Political Economy of Parecon & Quiet Revolution in Welfare. But more recently Hahnel's 'Alternatives to Capitalism', 'Economic Justice & Democracy', 'Green Economics' & 'The ABCs of Political Econ.' They also have a wealth of facts the benefits of the commons & participatory.

Dean Baker has some great stuff like "Getting Back to Full Employment" and 'The Conservative Welfare State." Anthony Thirlwall's stuff on 'Growth & Development' and 'Growth in an Open Economy' give some good perspectives. Anwar Shaikh's 'Capitalism' is great. 'Distribution & Growth' after Keynes by Hein.
For general works on Sraffa, Keynes, Ricardo, Rents etc check out Ian Steedman, Ajit Sinha & JSL McCombie. I like the MMT people too like L. Randall Wray & Warren Mosler but the best is Steve Keen 'Debunking Economics' & 'Can We Avoid Another Financial Crisis' because he acknowledges B of P constrained growth and the role of ground rents (either of which Mosler straight up doesn't understand).

These are great for upward redistribution, the data on growth in a common & social economy, the disadvantages of neo classical economics, the role of rents, profits & wages and the role of money & taxes generally.

On infrastructure issues here's some good stuff:

https://www.strongtowns.org/journal/2017/1/9/the-real-reason-your-city-has-no-money

https://www.strongtowns.org/the-growth-ponzi-scheme/

This covers the costs of over development in infrastructure and the coming crisis it engenders.

https://www.economist.com/news/united-states/21717976-after-50-years-campaigns-against-growth-nearly-half-city-zoned-single-family

https://www.economist.com/news/leaders/21647614-poor-land-use-worlds-greatest-cities-carries-huge-cost-space-and-city

https://www.economist.com/blogs/economist-explains/2014/11/economist-explains-0

These offer a tepid and admittedly neoclassical criticism of zoning and support for land taxes, but take them with a grain of salt.

For the nexus of the state & capitalism check out Kevin Carson's 'Mutualist Political Economy', 'Organization Theory: a Libertarian Perspective' and 'The Desktop Regulatory State.' Also Nick Ford's volume 'Abolish Work.'

These also cover the commons, mutual value theories and the role of the state in generating extractive rents.

On the commons check out Frederici & Ostrom, though this is farther afield.


Here are some links to the above:

http://www.masongaffney.org/publications.html

http://www.masongaffney.org/essays.html

http://shoup.bol.ucla.edu/PrefaceHighCostFreeParking.pdf

http://www.businessinsider.com/heres-how-to-fund-a-guaranteed-basic-income-2013-12

http://www.gbv.de/dms/zbw/836263790.pdf

http://davidcard.berkeley.edu/papers/card-peri-jel-april-6-2016.pdf

http://levine.sscnet.ucla.edu/general/intellectual/against.htm

http://www.lse.ac.uk/assets/richmedia/channels/publicLecturesAndEvents/slides/20120628_1830_creatingALearningSociety_sl.pdf

http://e1.newcastle.edu.au/coffee/pubs/wp/2001/01-09.pdf

https://www.amazon.com/Paradox-Economics-Counterintuitive-Phenomena-Misconceptions-ebook/dp/B017HTW78E