November 26, 2024 | The American Prospect
The Abundance Agenda: Neoliberalism’s Rebrand
The new centrist push to regain control of the Democratic Party, with corporate money
November 20, 2024
The Committee For a Responsible Federal Budget Welcomes Musk’s Meme Department of Government Efficiency
Welcome to the new Trump administration, where apparently this is what we can expect from the “responsible moderates” like CRFB.
November 15, 2024
Hackwatch 2024 Election/TransitionCongressional OversightEconomic MediaEconomic PolicyExecutive BranchIndependent Agencies
Picket Lines, Battle Lines, Applause Lines
As the Biden Administration Enters Its Twilight, Let’s Face Facts
November 08, 2024
Hackwatch 2024 ElectionAnti-MonopolyCorporate CrackdownCryptocurrencyEconomic MediaEconomic PolicyRevolving DoorTech
Hot (Takes) To Go
Some Notes on Centrists Blaming Everyone but Themselves
November 05, 2024 | The Sling
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.
November 04, 2024 | The American Prospect
The Climate Crisis Is a Cost-of-Living Crisis
The right’s climate denial means higher prices.
October 15, 2024
The Worst Milton Since Friedman
Climate disasters, what to do about them, and why the Fed needs to step up
September 27, 2024
Dylan Gyauch-Lewis Henry Burke
Hackwatch Anti-MonopolyCatherine RampellCryptocurrencyEconomic MediaEconomic PolicyGovernment CapacityHousingMatt YglesiasTaxes
Two Cheers for Antitrust
Reid Hoffman hates Lina Khan, but the polling firm he funds keeps demonstrating the popularity of her crackdown on corporate monopoly power.
September 20, 2024
Last Days of Summer(s)
Shockingly, the guy who spent years going on BloombergTV and being wrong about inflation went on BloombergTV, was wrong about inflation.
August 26, 2024
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.
August 15, 2024 | The Sling
The Fed Chair Thinks Wall Street Should Have Veto Power over Financial Regulations. That’s a Mistake.
By instructing regulators to acquiesce to the big bank CEOs who have led a historically fierce campaign in opposition to the Basel framework, Powell is practically inviting financial industry executives to quash, through negative public feedback, any regulation they don’t like.
August 09, 2024
When In Doubt, Pretend Everything Fits Your Preexisting Conclusions
While Yglesias is correct that normal stuff is popular, it’s not popular because it is moderate as Yglesias claims. It is popular because it’s progressive.
July 31, 2024
RELEASE: Jay Powell Is Trying To Get Donald Trump Elected
Every economic indicator is pointing to the need for an immediate interest rate cut. The Fed is supposed to act in accordance with available data irrespective of potential political impacts. So why isn’t it?
June 26, 2024 | The Sling
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?