Category Archives: Politics
The Economics and Politics of Cutting Deficits
The 2011 battle over the budget brings to mind the U.S.-Soviet nuclear arms talks of the 1970s and 1980s. The…Continue reading
The Pitfalls of Economic Nostalgia
The United States faces economic problems as daunting as any seen since the 1930s. GDP growth and job creation remain…Continue reading
The Mid-Term Elections and the Failure, Yet Again, of Trickle-Down…
This week’s seismic shift in the Congress will not change the problems facing its members and the President. This is…Continue reading
Why the Value of Your House Moved Global Markets This…
This week’s housing news was a primer on globalization. U.S. existing home sales fell 27 percent in July, twice as…Continue reading
How Toyota and Goldman Sachs Stumbled — and We Could,…
Powerful and wildly-successful institutions sometimes act like teenagers and addicts, unable to recognize their own self-destructive behavior. This year’s top…Continue reading
A New Progressive Economic Strategy, Part 3: Tax Reform
The most dispiriting feature of this year’s economic debates, apart from their fierce partisanship, is the absence of a broad…Continue reading
A New, Progressive Economic Strategy, Part 1
uLooking out onto the smoky, endless skyline of Seoul, Korea, I think about our two nations’ similar economic paths, from…Continue reading
The President’s Reforms and the New Politics of Containing Health…
The health care reforms enacted this week are an unequivocal political triumph for President Obama. He turned back the most…Continue reading
The True Costs of “Charging it†in America
American consumers gained a few basic protections this week regarding their credit and debit cards, but they’re only the beginning…Continue reading
The New Dominos as the Economic Crisis Enters its Latest…
The dislocations from the worldwide, economic meltdown aren’t over by a long shot. Nearly two years after Bear Stearns’ collapse,…Continue reading