Banking

Scott Bessent speaks at the National Conservative Conference in Washington, DC, July 10, 2024.

Only a Working-Class Party Can Challenge Donald Trump’s Corruption Only a Working-Class Party Can Challenge Donald Trump’s Corruption

GOP plutocracy thrives as long as Democrats remain beholden to Wall Street.

Nov 26, 2024 / Jeet Heer

Kemi Badenoch in front of a podium.

The New Face of British Conservatism is Black—and Female The New Face of British Conservatism is Black—and Female

The London-born daughter of Nigerian parents presides over the ruins of 14 years of Tory rule. Can her brand of nativism-lite bring the party out of the wilderness?

Nov 8, 2024 / K. Biswas

Enemy of progress: Linkedin founder Reid Hoffman at the Allen & Co. Media and Technology Conference in Sun Valley, Idaho.

Kamala Harris Needs to Put Arrogant Plutocratic Donors in Their Place Kamala Harris Needs to Put Arrogant Plutocratic Donors in Their Place

Wealthy centrists are already pressuring Democrats to give up their progressive achievements.

Jul 29, 2024 / Jeet Heer

How Microfinance Became the ‘It’ Development Program

How Microfinance Became the ‘It’ Development Program How Microfinance Became the ‘It’ Development Program

Microfinance has been touted as a miracle cure for poverty in the global south. The reality has been a lot messier.

Jul 15, 2024 / Feature / Mara Kardas-Nelson

President Joe Biden speaks during a visit to Fridley, Minn., as part of his administration’s “Investing in America” tour on April 3, 2023.

Bidenomics and Its Discontents Bidenomics and Its Discontents

The White House believes American workers have seldom had it so good. And lots of prestigious economists agree. But the voters aren’t buying. Maybe they know something?

Mar 27, 2024 / James K. Galbraith

Traders work on the floor of the New York Stock Exchange during afternoon trading on January 22, 2024, in New York City. The Dow Jones and S&P both hit all-time highs with the Dow Jones closing over 38,000 points for the first time ever as stocks continue to rise.

Why We Need a “Doug Jones” More Than a Dow Jones Why We Need a “Doug Jones” More Than a Dow Jones

On the Magnificent Seven and market myths.

Jan 30, 2024 / Katrina vanden Heuvel

James Stewart, as George Bailey, points at Lionel Barrymore in a scene from “It's a Wonderful Life.”

Whose “It’s a Wonderful Life” Is It Anyway? Whose “It’s a Wonderful Life” Is It Anyway?

How everybody’s favorite Christmas movie about the perils of monopoly capitalism became a victim of monopoly capitalism.

Dec 25, 2023 / Ray Nowosielski and David Cassidy

It's a Wonderful Life still, banking, bankers

In Defense of the 30-Year Mortgage In Defense of the 30-Year Mortgage

A recent New York Times column argued that the long term fixed-rate loan popular with US homebuyers is unfair to banks. In fact the arrangement—a fruit of the New Deal—is somethin...

Nov 23, 2023 / James K. Galbraith

Can I Google That?

Can I Google That? Can I Google That?

Google’s antitrust lawsuit.

Oct 27, 2023 / OppArt / Paul Karasik

We Are Witness to Our Self-Destruction

We Are Witness to Our Self-Destruction We Are Witness to Our Self-Destruction

Fossil fuels, profits of doom.

Oct 6, 2023 / OppArt / Peter Kuper

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