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Jeff Madrick
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Jeff Madrick is director of the Bernard L. Schwartz Rediscovering Government Initiative at the Century Foundation and editor of Challenge magazine. His latest book is Seven Bad Ideas: How Mainstream Economists Have Damaged America and the World .
It’s based on deeply flawed methodology, resulting from a study whose conclusions are arbitrary. In fact, poverty is seriously understated.
So let’s give it to them, by building a high-wage economy that protects workers, not banks and corporations.
Despite the efforts of a new biographer, it seems that Greenspan was more flying by the seat of his pants than acting as a strategic policy-maker.
He’s pushing the same old failures of Reaganomics: tax cuts for the rich and deregulation, along with nostalgia for an industrial era long gone.
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June 24, 2016
Falling trade, global recession, growing nativism—but it’s possible to mitigate these risks, if we finally end austerity.
As the 2012 elections approach, renewed faith will be critical to combating Republicans’ slash-and-burn rhetoric.
Addressing wage stagnation should be the country's top priority.
Big profits on Wall Street, and the big bonuses they fund, are not justified by the marketplace.
Two new studies indicate that Wall Street's profits and bonuses are vastly disproportionate to the value the industry adds to the economy.
If we stimulate the economy and maintain high rates of growth, higher wages will create the savings required for investment.
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