Economic Policy

November 05, 2024 | The Sling

Dylan Gyauch-Lewis

Op-Ed Economic MediaEconomic PolicyFederal Reserve

The Federal Reserve Isn’t Responsible for the Soft Landing—Though to Understand Why, We Need More Than Econ 101

Particularly given the stink that neoclassical economists made about evidence for sellers’ inflation, they should be held to a similar standard for their crediting of the Fed for lower inflation and implicitly putting the blame on consumers and workers. The data just don’t fit their model. 

August 26, 2024

KJ Boyle

Blog Post Corporate CrackdownEconomic MediaEconomic PolicyKamala Harris

Jonathan Chait's Bad Advice About Populism

Jonathan Chait has been using his column in New York Mag’s Intelligencer to criticize the Biden administration’s populist modifications of Obamaism and warn Vice President Harris against continuing Biden’s domestic economic agenda. In Chait’s piece Kamala Harris’s Economic Plan: Good Politics, Meh Policy, he joined the chorus of pundits lambasting Harris’ policies to take on corporate power.

June 26, 2024 | The Sling

Dylan Gyauch-Lewis

Op-Ed CRFBEconomic MediaEconomic PolicyKen Rogoff

Ken Rogoff Remains Pervasive Even Though His Pro-Austerity Paper Was Debunked Over Ten Years Ago

Rogoff’s legacy is one of creating cover for conservative governments to prematurely abandon fiscal stimulus, leaving millions of people out of work. What rocketed “Growth in a Time of Debt” to its high status among economists was how clear and dramatic it found the risk of high debt to be. That was proven to be bunk. But it was deeply rooted in the ethos of the austerity movement, so much so that the hawks at the Committee for a Responsible Federal Budget felt the need to defend their own position in the wake of the R&R controversy. Why is Rogoff still in reporters’ rolodexes?