The debasement of the U.S. defense industrial base began, ironically, under Ronald Reagan, and won’t be reversed until we abandon the free-market fundamentalism he introduced.
Economy
Reporting and analysis on the American economy and economic policy: how markets, monopolies, and public policy shape jobs, wages, and opportunity. Includes our long-running coverage of antitrust and corporate power in The Monopolized Economy.
Posted inMagazine
Poverty, Inc.
Government’s decades-old experiment in letting corporations deliver social services has been a disaster—for taxpayers and the poor.
Posted inEconomy
Trump’s Tax-by-Tariffs Plan Would Enrich the Wealthy, Cripple the Economy, and Send Inflation Soaring
Trump’s Tax-by-Tariffs Plan Would Enrich the Wealthy, Cripple the Economy, and Send Inflation Soaring. The latest crackpot idea from the presumptive Republican nominee would throw us back to the federal revenue model from the Gilded Age
Posted inEconomy
The Deeply Flawed Crypto Bill Making Its Way Through Congress
The Deeply Flawed Crypto Bill Making Its Way Through Congress: A weak regulatory regime for a wildly overhyped financial instrument. What could go wrong?
Posted inEconomy
Trump’s Plans for Mass Deportation Would Be an Economic Disaster
Besides being cruel, deporting 11 million unauthorized immigrants would cause labor shortages and slash national wage and salary income, likely triggering a recession and reigniting inflation.
Posted inBooks
Fareed Zakaria and Our Tumultuous World
The ubiquitous columnist and television broadcaster’s new book on revolution through the ages may be familiar, but it’s still spot on.
Posted inEconomy
Why Biden and Most Americans Should Welcome the Latest GDP Report
Despite the Gross Domestic Product growing at a sluggish 1.6 percent rate, the Biden economy still has plenty of zing.
Posted inMagazine
Trump vs. Biden: Who Got More Done on Regulation?
Trump launched a massive deregulation campaign that largely failed. Biden has effectively used rulemaking to advance his priorities.
Posted inMagazine
Trump vs. Biden: Who Got More Done on Antitrust?
Biden made the fight against monopolies central to his economic strategy. Trump used it to reward his friends and punish his enemies.
Posted inBooks
The Exploitative Origins of Amazon
Since the very beginning, the internet giant has grown by stealing ideas, squelching competition, and cheating on its taxes.
