Vijay K. Mathur

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The morphing of capitalism into crony capitalism

Standard-Examiner, Vijay K. Mathur
Apr 22 2014 - 1:10pm

Income and wealth inequality has increased significantly during the past decade. Capitalism of the 20th century, that uplifted the incomes and wealth of most Americans, is no longer giving hope to a large proportion of Americans for any recovery of their economic status and economic opportunities in the future.Capitalism, as an economic system,...

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Compromise can be done on fiscal issues

Standard-Examiner, Vijay K. Mathur
Mar 20 2014 - 1:08pm

Bloomberg, on March 5, reports online that President Barack Obama's budget of $3.9 trillion for fiscal year 2015 benefits low-income families, college students, researchers and infrastructure. It raises taxes on airline passengers, wealthy and multinationals. As a percentage of the Gross Domestic Product (GDP), the projected deficit will be 3.7...

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Is charitable giving truly charitable?

Standard-Examiner, Vijay K. Mathur
Feb 21 2014 - 3:01pm

Charity is defined as generous actions towards others in need. However, charity could be altruistic (unselfish concern for others welfare), or it could be motivated by self-interest of saving taxes. Americans in general, and Utahns in particular, pride themselves in being very charitable. But, if tax saving is one of the primary motives, then...

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Economic fairness requires deliberate policy actions

Standard-Examiner, Vijay K. Mathur
Jan 22 2014 - 9:57am

Most economists shy away from fairness or equity issues in economic decisions, because they involve value judgments. However, polls find that the majority of Americans believe that the middle class is losing ground, and wealth could be more evenly distributed. Liberal politicians tend to support that point of view. Most conservatives, however,...

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Moral hazard problem in media reporting massacres

Vijay K. Mathur
Dec 18 2013 - 4:58pm

Ari N. Schulman published an informative report last month in the Wall Street Journal on current research concerning mass killers. It cites many psychological studies on motives of mass killers. Recently, we all have witnessed a series of massacres that psychologists characterize "as a single, typically very public event."  Various...

Comments   ·   Read more   ·   Updated: Dec 18 2013 - 5:58pm


Greater payoff exists in a cooperative strategy to assure ACA success

Standard-Examiner, Vijay K. Mathur
Dec 5 2013 - 11:02am

Many Republicans and Tea Party loyalists constantly remind us that the Affordable Care Act (ACA) is doomed to fail, notwithstanding that it is the law of the land. Some find their criticism unproductive, lacking substance and sometimes vindictive toward the President. In fact, Dana Milbank opines -- Washington Post, Nov. 19 -- that the fear-...

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Meltdown of economy averted only in the short run

Standard-Examiner, Vijay K. Mathur
Nov 7 2013 - 10:03am

I am sure Congress, especially the GOP majority in the House of Representatives, is very proud of funding government operations until Jan. 15 and lifting the debt ceiling until Feb. 7. I am also sure that Americans, at least most of them, got a real lesson in representative but gerrymandered democracy and in the diminished value of their votes. At...

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The morphing of capitalism into crony capitalism

Standard-Examiner, Vijay K. Mathur
Apr 22 2014 - 1:10pm

Income and wealth inequality has increased significantly during the past decade. Capitalism of the 20th century, that uplifted the incomes and wealth of most Americans, is no longer giving hope to a large proportion of Americans for any recovery of their economic status and economic opportunities in the future.Capitalism, as an economic system,...

Comments   ·   Read more   ·   Updated: Apr 22 2014 - 1:10pm

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