Jeff Faux

Jeff Faux is a distinguished fellow at the Economic Policy Institute, which he founded. His latest book, The Servant Economy (Wiley), was published in June 2012.

Recent Articles

All Action, No Talk

A California Labor Union leader once described to me the 1966 campaign to re-elect Democrat Pat Brown as governor. “We had a massive campaign to identify our voters,” he said, “we contacted everyone at least twice, and we did a tremendous job of getting them to the polls on election day -- where they voted for Ronald Reagan.”

Losing Ground

During the 2000 presidential TV debates, George W. Bush relentlessly repeated the tired Republican mantra that government, especially the federal government, is the enemy of American workers. As president, he's turned that rhetoric into reality.

Talk Back


Bradford DeLong wrote about Robert Rubin in the February issue of The American
Prospect
. Here, Jeff Faux addresses some of the issues raised by DeLong.

Brad DeLong is a smart guy and a good economist. He makes the best argument one can that Bill Clinton and Bob Rubin did the best economic-policy job they could have under the political circumstances of the 1990s. But it does not convince.

Debate Club

The High Cost of Rubinomics

By Jeff Faux

If a Democratic president gets to replace Federal Reserve Chairman Alan Greenspan when the latter's term is up in 2006, Bob Rubin is the odds-on favorite. He has the financial credentials: Goldman-Sachs, U.S. Treasury, Citigroup. He raises money for Democrats. And he is credited with the one accomplishment of the Clinton era that all Democrats are proud of: eight years of peacetime economic growth that, by 2000, had produced something pretty close to full employment.

Robert Rubin's Contested Legacy

In an Uncertain World: Tough Choices From Wall Street to Washington By Robert Rubin and Jacob Weisberg, Random House, 448 pages, $35.00

If a Democratic president gets to replace Federal Reserve Chairman Alan Greenspan when the latter's term is up in 2006, Bob Rubin is the odds-on favorite. He has the financial credentials: Goldman-Sachs, U.S. Treasury, CitiGroup. He raises money for Democrats. And he is credited with the one accomplishment of the Clinton era that all Democrats are proud of: eight years of peacetime economic growth that, by 2000, had produced something pretty close to full employment.

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