Why the public sector is not overpaid

The rhetoric is that the public sector is overpaid relative to the private sector. Ok, they don’t adjust for education and probably a few other things, but it all still misses the point. Back when I was a kid in Ct. the 50’s, I recall the private sector jobs paying a lot more than the […]

Why public sector workers should not have actual bargaining power

Government, desirous of provisioning itself, does it as follows: 1. It imposes nominal tax liabilities payable in it’s currency of issue. 2. This serves to create a population desirous of obtaining the funds needed to pay the tax. 3. The real tax is then paid as government transfers real resources from private to public domain […]