A new wave of family restorationists says that the evidence on families is in and that the remedies are clear. Their case doesn’t hold up.
Economic Policy
Posted inEconomic Policy
The False Messiah: Pete Peterson’s Revelations Are Not Gospel
Virtually without challenge, Pete Peterson claims to be a champion of the middle class. But his proposals would actually cut taxes for the rich and benefits for middle-income people.
Posted inEconomic Policy
Seismic Stimulus: The California Quake’s Creative Destruction
The earth literally had to move to jolt Congress into passing a stiumulus package — and to lift California out of recession.
Posted inEconomic Policy
The New Dialectic
Modern economic life crosses national boundaries to form a web of intricate association that retards aggressive and regressive nationalism. Trade, investment, enterprise, technology, communications, and travel are today relentlessly transnational. Yet this same globalism undermines the capacity of the nation-state to stabilize its economy. From this paradox comes the first of the dialectics of our […]
Posted inEconomic Policy
Talent and the Winner-Take-All Society
Rising inequality reflects the growing importance of winner-take-all markets.
Posted inEconomic Policy
Happy Returns: How the Working Poor Got Tax Relief
Left and right agree on one way to spell relief: EITC. But how much relief?
Posted inEconomic Policy
The Predators’ Accomplice: How High Theory Abetted Speculative Excess
The prosecutor builds a case against academic apologists for the casino economy.
Posted inEconomic Policy
Making the Poor Count
The poverty line came from a woman with a passion and a memory.
Posted inEconomic Policy
Keynes, Einstein, and Scientific Revolution
Economics follows the wrong model of physics. Keynes appreciated that jobs, savings, and growth are all relative.
Posted inEconomic Policy
Back to the Future
During the postwar boom, it seemed that mass unemployment had been cured forever. A mixed economy–based on activist government, deficit spending, public investment, strong trade-unionism, a welfare state, and a warfare state–kept the industrial West on a high-growth path. Living standards rose steadily. Satisfied voters returned to office politicians who believed in this model. Not […]
