Under the entry “Middle Class Economics” I asserted that the middle class would thrive in a true meritocracy. Perhaps I should have added that a true meritocracy would be built around the notion that wealth was generated by production, rather than trade. Perhaps that qualifier might have preempted the anonymous response I got (hence, not posted) that I must not support the vitality function. The implication that the vitality function refutes a meritocracy being good for the middle class provides fuel for discussion. Before I address that directly, this relates to some changes for The Middle Class Forum.
You will find some new Forum Features listed. Under Products and Services I have provide an annotated bibliography. Most notably, Forums and Feedback is a new feature, though the only active link right now is The Forums. Yes, The Middle Class Forum will be featuring some forums. Who would have guessed? All this is in the formative stage right now and currently amounts to somewhat as a teaser, but this site will continue to grow and evolve.
The vitality function might have been a good topic for the Middle Class Economics forum, and perhaps will someday make its way over there. I’ll address that topic the traditional way next.
Tags: Middle Class Economics
