The response to COVID-19 proved that the federal government is far more capable of managing the economy than many people thought. What happens now that Bidenomics faces rising headwinds?
Rather than bypassing the problem of power by putting our faith in MMT’s printing press, we need a strategy to rebuild the tax state and move toward economic democracy.
A long line of critical fiscal theorists has pointed to the limits of financing a politics of emancipation through levies on a regressive economy. We need to heed their warnings today.
A Promised Land is Obama’s attempt to frame the discussion around his presidency. It’s most revealing where it departs from earlier accounts offered by his chief aides and his own previous memoirs.
The author of The Deficit Myth on why national debt is not an obstacle to progress—and why the government can afford to fund its priorities.