The Trump administration is carrying out a corrupt prosecution of the Federal Reserve chair. But messing with Fed independence might spark inflation, and everyone hates that.
Economic Policy
Posted inEconomic Policy
Where Big Tech and Trump Are Demanding Tax Cuts and Deregulation
A new analysis shared with the Prospect shows that Big Tech is seeking changes to national law in 64 countries. The Trump regime is helping them.
Posted inEconomic Policy
Judge Warns Vought of Contempt Order if He Back-Door Shuts Down CFPB
Judge Amy Berman Jackson has clarified that Vought would violate her injunction against shuttering the consumer protection agency if he declines to seek funding for it.
Posted inEconomic Policy
When in Doubt, Pretend to Be Lina Khan
The Trump administration’s plans to lower prices are just Biden-era retreads. Unfortunately, they’re just plans, with no expected follow-through.
Posted inEconomic Policy
A Happy 2025 By-Product: Revulsion at the Rich
With Trump, Musk, Bezos et al. running amok, progressive economic populism is on the rise. Polling shows a broad public turn toward policy that seeks to reverse the upward redistribution of income and wealth to our billionaires and make life’s necessities affordable.
Posted inEconomic Policy
Pick Your Financial Crash
What are the risks of a financial crash in the coming year? Let us count the ways.
Posted inEconomic Policy
Meet the Connectors
Middlemen, our economy’s most shadowy characters, sit in between buyers and sellers and get rich in the process. It can even be a matter of life or death.
Posted inEconomic Policy
Trapped at the Concession Stand
Captive pricing follows when customers have no choices. Policymakers can do something about it.
Posted inEconomic Policy
How the AI Bubble Might Play Out
Investment in new technology always needs startup financing, and if AI is truly God in the machine, wide adoption will pay off over time. But that isn’t materializing, at least not yet.