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March 27, 2023 | The American Prospect
The SVB Collapse Reveals the Class Bias in American Policymaking
When bankers blow their businesses up, it’s no-questions-asked bailout time. When student borrowers need relief, not so much.
March 17, 2023 | RDP Newsletter
Economic PolicyExecutive BranchFinancial RegulationIndependent Agencies
Hack Watch: Two Percent Is Just A Number
There’s nothing special about the Fed’s target inflation rate
March 02, 2023
Workers Beware: Biden’s Potential Fed Pick Prescribes Unemployment & Reduced Social Security Benefits
Karen Dynan has been reported as one of a few economists on Biden’s shortlist to replace Lael Brainard on the Federal Reserve Board of Governors. While her proponents have highlighted the Harvard-trained economist’s perfect centrist resume, her recent statements on how best to tackle inflation should concern workers and their allies. And this blithe analysis concerning unemployment should come as no surprise – Dynan, like Biden’s foils in the GOP, believes cuts to Social Security benefits are likely.
February 10, 2023
Journalists' Lack Of Understanding Distorts Economic Coverage
There’s a lot to gripe about when discussing the Beltway media class in the United States. Progressives at groups like FAIR and Media Matters have spent years rightfully criticizing the press for access journalism, the ever-present need to equate perspectives from both major parties, and corporate-sponsored PR published under the facade of a news article. But a recent study of biases present in the BBC’s coverage of UK politics may help us understand yet another major failing of our media. Journalists lack an understanding of basic economic principles, leading them to unwittingly flawed reporting.
January 20, 2023 | Revolving Door Project Newsletter
Hack Watch: The Fairness Doctrine Strikes Again: Media Outlets are Calling Republicans’ Austerity Pushes a Debt Ceiling “Showdown”
However, in their ongoing quest to appear “neutral” and “balanced,” some media outlets are saying that the damage will be done by the deficit ceiling fight itself, not by the Republican push to default on our loans.
December 02, 2022 | Revolving Door Project Newsletter
Hack Watch: Reporters Know There’s A Reason For The Threatened Rail Strike, Right?
What parts of the rail strike story don’t get told by mainstream outlets says more than what they do write.
November 16, 2022 | Revolving Door Project Newsletter
Hack Watch: Summers's Cyber Speculation
How The Former Treasury Secretary Boosted Crypto Bros
October 07, 2022 | Revolving Door Project Substack
Larry Summers And Jason Furman Aren't Really Democrats
Identifying people who don’t support the party’s key policies as Democratic thought leaders only serves to reinforce outmoded center right ideology.
September 09, 2022
The CEA's New Antitrust Guy: Should We Be Worried?
According to Marshall Steinbaum, Assistant Professor of Economics at the University of Utah, “This appointment signals that the CEA isn’t on board with the administration’s anti-monopoly agenda.” And that could be dangerous.
June 28, 2022
Rogue Regulator: Biden Cedes Chance to Enlist FMC in Inflation-Fighting Agenda
Biden had a chance to change the commission undermining his inflation messaging. Instead, he demurred.
May 24, 2022
10 Things Biden Can Do About Inflation Without Congress
ome of the approaches can provide immediate relief, but many of them involve fixing broken incentive systems through increasing competition and corporate oversight. Inflation is not just a flash-in-the-pan issue, it is a consequence baked into our market structure and regulatory regime.
March 09, 2022 | Revolving Door Project Newsletter
The Seeming Minutiae that Matters Greatly
The Biden administration is continuing to ramp up economic pressure on Russia through a far-reaching sanctions regime. However, even as many experts praise the United States’ measures, particularly those aimed at Russian oligarchs’ overseas wealth, they are also questioning how effective they will be in the face of loopholes and implementation challenges.