Inflation

Social Security Card

Inflation Is Falling. So Why Are the Fiscal Austerians Back in the Headlines? Inflation Is Falling. So Why Are the Fiscal Austerians Back in the Headlines?

The latest scare was over the Social Security trust fund. The endgame is not to get rid of inflation, or to protect American workers, but to destroy their power.

Aug 16, 2023 / Marshall Auerback

Former Treasury secretary and current Harvard professor Larry Summers listens to remarks during a discussion on low-income developing countries at the annual IMF and World Bank Spring Meetings, April 13, 2016, in Washington, DC. / AFP / Mike Theiler (Photo credit should read MIKE THEILER/AFP via Getty Images)

Larry Summers and the Crisis of Economic Orthodoxy Larry Summers and the Crisis of Economic Orthodoxy

The establishment’s repeated failures are creating room for heterodox ideas.

Jun 16, 2023 / 150th Anniversary / Jeet Heer

The Revolutionary Potential of the Inflation Reduction Act

The Revolutionary Potential of the Inflation Reduction Act The Revolutionary Potential of the Inflation Reduction Act

The direct-pay feature of the IRA creates an opportunity for the public sector to start building things again.

Apr 28, 2023 / Editorial / Mike Konczal

The Tradeoffs in the Fight Against Inflation

The Tradeoffs in the Fight Against Inflation The Tradeoffs in the Fight Against Inflation

Living with inflation of a little over 2 percent for a short period would be worth it to keep the gains in the economy.

Feb 20, 2023 / Editorial / Mike Konczal

In This Time of “Polycrisis,” the Midterms Are More Critical Than Ever

In This Time of “Polycrisis,” the Midterms Are More Critical Than Ever In This Time of “Polycrisis,” the Midterms Are More Critical Than Ever

The world’s multiplying crises must be addressed. The question is by whom.

Nov 1, 2022 / Katrina vanden Heuvel

Wall Street Raging Bull

The Fed’s Ruinous Course The Fed’s Ruinous Course

It’s kneecapping workers to prove its credibility with Wall Street.

Oct 31, 2022 / Robert L. Borosage

Now-former Prime Minister Liz Truss is candidly pictured leaving 10 Downing Street.

Liz Truss or No Liz Truss, Things Are Bleaker in Britain Than Anyone Realizes Liz Truss or No Liz Truss, Things Are Bleaker in Britain Than Anyone Realizes

As jaws drop around the world over the resignation of the UK’s shortest-lived prime minister, life here is getting considerably worse by the day.

Oct 20, 2022 / Natasha Hakimi Zapata

Why the Economy Is the Dominant Issue for Democrats In the Midterms

Why the Economy Is the Dominant Issue for Democrats In the Midterms Why the Economy Is the Dominant Issue for Democrats In the Midterms

Wages aren’t keeping up with prices, and that’s voters’ biggest concern.

Oct 18, 2022 / Katrina vanden Heuvel

Tesla's Elon Musk

Electric Vehicles Won’t Save Us Electric Vehicles Won’t Save Us

A national fleet of battery-powered cars is unlikely to prove sustainable and could have catastrophic consequences globally.

Oct 18, 2022 / Stan Cox and Priti Gulati Cox

A closeup of Federal Reserve Chair Jerome Powell removing his glasses during a news conference.

The Human Costs of the Fed’s War on Inflation The Human Costs of the Fed’s War on Inflation

If there is no painless way to combat inflation, as Fed Chair Jerome Powell suggests, then we should at least be honest about who will endure the pain.

Oct 11, 2022 / Jared Clemons

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