How not to get spooked by the panic of the media herd.
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 inEconomy
Why Biden’s Good Economic News Hasn’t Helped Him Politically—So Far
The economy is on an excellent track right now—incredibly low unemployment, declining inflation, and stunning productivity growth—but the president is still coping with income growth.
Posted inEconomy
How Franklin Roosevelt Tamed Wall Street
With a ripping narrative and characters like Joseph Kennedy and William O. Douglas, one of the best books of 2023 explained how the financial sector finally bent the knee.
Posted inEconomy
The OpenAI CEO is Out, But the Real Story is the Need for Regulation
Sam Altman aside, artificial intelligence is wonderful but threatening. It demands a robust government response, and that’s coming too slowly.
Posted inEconomy
Trade Agreements Have Created U.S. Jobs And Raised U.S. Incomes
Robert Reich’s blunderbuss opposition to trade deals forged by the Clinton and Obama administrations relies on economic ignorance and misreading the data.
Posted inEconomy
Encouraging News on Inflation is Why the Fed Paused Rate Hikes and May Want to Keep Them Paused
This isn’t the 1970s. Smart public policy has led to a rare twin success—a dramatic drop slowdown in inflation and an expanding economy.
Posted inThe Monopolized Economy
The New Gold Rush in Advertising Is Your Shopping List
Retail media is the next big threat from monopolists as they turn data into ad dollars, and Amazon isn’t the only predator out there.
Posted inEconomy
Why Don’t Americans Recognize that Inflation is Down and Incomes Are Up?
There’s a lot of good economic news out there that the media underreports. The Biden administration and congressional Democrats need to brag more often and louder.
Posted inThe Monopolized Economy
A New Vision for a Just Financial System
Out of the ashes of Silicon Valley Bank should come a stable banking system that truly serves the public.
Posted inEconomy
The Debt Ceiling, Austerity, and the Economic Challenges Haunting President Biden’s Reelection Bid
If the GOP forces a historic default or massive budget cuts, all bets are off for a soft landing—or Democrats keeping the White House.
