Government policy is what created today’s economic inequality. But it can also be what reverses it.
Jeff Madrick
Jeff Madrick is a senior fellow at the Roosevelt Institute and the Schwartz Center for Economic Policy Analysis at the New School and the editor of Challenge Magazine.
Posted inMoney, Politics, and Power
Why Economists Cling to Discredited Ideas
Free-market theory may be at odds with reality, but it fits the needs of the rich and the powerful.
Posted inFeatures
The Unraveler
The Great Unraveling: Losing Our Way in the New Century By Paul Krugman, W.W. Norton & Company, 462 pages, $25.95 Paul Krugman, The New York Times columnist and Princeton University economist, is not quite the liberal most of his enemies and many of his admirers believe he is. Some might prefer him, for example, to […]
Posted inEconomic Policy
Behind the Numbers: Spin Cycle
Supply-siders point to economic growth during the 1980s as a vindication of Reaganomics. But adjusting for the business cycle shows that the real rate of productivity growth has been the same over the past three decades.
Posted inEconomic Policy
Behind the Numbers: The Treadmill Economy
Even before the swooning of the Dow, the current economic expansion was less robust than it appeared. Is this a new economy? Or just people working harder to stay in place?