It’s now the only governing institution that understands the depths of the economic crisis.
The GOP declares Keynesianism dead, but it hasn’t really been tried. The great economist would have us do much more than “prime the pump” to pull the country out of this morass.
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Just three years ago, President Obama was an unapologetic Keynesian. Now, he's jumped on the deficit hysteria bandwagon.
John Kenneth Galbraith was a satirist of economics as much as a practitioner of it.
The Fed will purchase a massive number of Treasury bonds. That should prevent deflation—but it won't do enough for consumers.
Peter Dreier's list of the fifty most influential progressives of the twentieth century honored the people who moved progressive ideas in America from the marginal to the mainstream. But his list could only include a handful of all those who have contributed to this tradition. We asked our readers to nominate the American progressives who have made the biggest difference in the twentieth century.
Eyal Press on the passing of Tony Judt; Ari Berman on the movement against Citizens United
Deficits are the cure, not the disease.
The good times, as we have known them, are not coming back. Americans need a new vision that helps them deal with new economic realities.
Nobody can say whether pumping large amounts of money into the economy will work--or even define the proper measure of success.


