Rochester wants to establish the first public bank in the United States in over a century.
Economic Policy
Posted inEconomic Policy
Three Events That Speak to the Harris Economic Agenda
The Mars-Kellanova merger, the Kroger-Albertsons court case, and the monopolization lawsuit against RealPage all bolster her case against price-fixing.
Posted inEconomic Policy
Polling Shows Voters Want to See Action on Corporate Power
The problem is the poll, shared exclusively with the Prospect, also shows that voters don’t believe the Biden-Harris administration has already taken action.
Posted inEconomic Policy
Why Harris’s Proposed Baby Bonus Just Might Work
Here’s some evidence from New Zealand and one of the achievements of Jacinda Ardern.
Posted inEconomic Policy
Collapsing Mortgage Securities. Broken Processes. No Accountability. Sound Familiar?
Faulty credit ratings were a cause of the 2008 crisis. One whistleblower complaint argues that the same dynamic is happening again.
Posted inEconomic Policy
Stopping Excessive Market Power Before It Grows Into Monopoly
The Robinson-Patman Act is mischaracterized as punishing low prices. It’s actually about preventing powerful monopolies that raise prices in the future.
Posted inEconomic Policy
Will Panic on Wall Street Convince Jerome Powell to Do His Job?
The Federal Reserve should have cut rates months ago. Now it might be too late.
Posted inEconomic Policy
FTC Opens Surveillance Pricing Inquiry
After a Prospect investigation into companies charging different prices to customers for the same products, the agency wants to learn more.
Posted inEconomic Policy
Inflation Is Whipped. Someone Wake Up Jerome Powell.
Time for the Federal Reserve to cut interest rates.
