The notion that public investment crowds out private spending has taken a beating lately.
Inflation Reduction Act
Posted inEnergy and the Environment
‘Climate-Focused Clients Tend to Be Rude’
The Prospect interviewed a home performance contractor and electrification advocate who steers clear of environmentalists.
Posted inEconomic Policy
It’s Hamiltonian! It’s Jeffersonian! It’s Bidenomics!
The president’s economic policies combine the best elements of our economic heritage.
Posted inPolitics
Can Democrats Sell ‘Bidenomics’?
The substance is there. But the sales apparatus isn’t yet.
Posted inEconomic Policy
How to Judge the New Industrial Policy
A focus solely on near-term GDP overlooks what’s being attempted.
Posted inEnergy and the Environment
Can Public Banks Play in Tax Equity Markets?
What’s the difference between building clean energy and paying for it to be built? With billions in tax breaks at stake, the distinction is becoming more important to parse.
Posted inHealth and Social Policy
Merck Says Negotiating Drug Prices Is Unconstitutional
The Inflation Reduction Act took minor steps against Big Pharma price-gouging. Merck is outraged.
Posted inEconomic Policy
Republican Debt Ceiling Lies
Today’s X-Date: GOP members insist they’re worried about the national debt. It ain’t true.
Posted inEconomic Policy
The IRS Takes a Welcome Step Into the 20th Century
Maybe by 2100 America can have a proper tax authority.
Posted inEnergy and the Environment
Rahm Emanuel’s Gas Pipeline
The Biden administration is promoting a new liquefied natural gas complex on the Pacific Coast, with expanded subsidies from the bipartisan infrastructure bill and Inflation Reduction Act.