Economic Policy

A hand holds an iPhone. The screen shows the application DeekSeek asking,

Why DeepSeek’s Surprise Breakthrough Shouldn’t Have Come as a Surprise Why DeepSeek’s Surprise Breakthrough Shouldn’t Have Come as a Surprise

While America was busy with stock buybacks and quarterly profits, China spent decades building an integrated system linking research, manufacturing, and innovation.

Jan 30, 2025 / Corbin Trent

Pioneer Natural Resources equipment near Midland, Texas, on Wednesday, October 11, 2023.

Donald Trump’s Retrograde Worship Will Tank America’s Auto Industry Donald Trump’s Retrograde Worship Will Tank America’s Auto Industry

Trump's tariffs will protect the US auto industry just long enough for it to decline into technological obsolescence.

Jan 28, 2025 / Alfred McCoy

President Joe Biden delivers his farewell address to the nation from the Oval Office of the White House on January 15, 2025, in Washington, DC.

Biden Was a Remarkably Consequential One-Term President Biden Was a Remarkably Consequential One-Term President

Inheriting a post-pandemic economy, Biden orchestrated the best recovery in the industrial world.

Jan 23, 2025 / Katrina vanden Heuvel

A sign on the door of a Walgreens refrigerator in Queens, New York.

Why Won’t the Federal Government Reimburse People Whose Food Stamps Are Stolen? Why Won’t the Federal Government Reimburse People Whose Food Stamps Are Stolen?

The disastrous consequences for working-class families.

Jan 22, 2025 / Devon Gray

President-elect Donald Trump takes the oath of office during the 60th Presidential Inauguration, in the Rotunda of the US Capitol in Washington, DC, on January 20, 2025.

Trump’s Supposed Unity Message Is a Gloating Threat of MAGA Triumphant Trump’s Supposed Unity Message Is a Gloating Threat of MAGA Triumphant

The new president uses shock and awe to claim a mandate over demoralized Democrats.

Jan 20, 2025 / Jeet Heer

Trump meets with NATO leaders in 2017.

The Political Economy of Trumpism The Political Economy of Trumpism

Though he started by threatening Mexico, Canada, and China, Trump’s tariffs mean the US will drain Europe as Ukraine fades.

Jan 15, 2025 / James K. Galbraith

A conveyer belt inside the warehouse at Southern Glazer's Wine and Spirits LLC distribution center in Louisville, Kentucky.

Can Fairness Fix the US Economy? Can Fairness Fix the US Economy?

With its latest lawsuit, the Federal Trade Commission aims to find out.

Jan 3, 2025 / Ron Knox

Minerals displayed at the showroom of a battery recycling plant in Wuhan, China, in 2023.

Beijing Calls Washington’s Bluff on Strategic Metals Beijing Calls Washington’s Bluff on Strategic Metals

China’s latest export restriction lays bare the complex geopolitics behind President Trump’s proposed tariffs—and the green energy transition.

Jan 2, 2025 / Nicolas Niarchos

Donald Trump speaks at the Bitcoin 2024 Conference on July 27, 2024, in Nashville, Tennessee.

Trump’s Crackpot Crypto Scheme to Reduce Inflation Would Be a Financial Catastrophe Trump’s Crackpot Crypto Scheme to Reduce Inflation Would Be a Financial Catastrophe

A federal crypto reserve would only benefit the scoundrels and scammers who helped fund Trump’s presidential campaign.

Dec 31, 2024 / Chris Lehmann

Partners for peace? Trump meeting North Korean leader Kim Jong Un in June 2019. Instead of attacking Trump’s diplomatic initiatives as “weak,” Democrats should support negotiations.

Progressives Can’t Afford to Spend the Next 4 Years Just Playing Defense Progressives Can’t Afford to Spend the Next 4 Years Just Playing Defense

Or reflexively denouncing every Trump policy. While we mustn’t underestimate the danger he poses to our democracy, when he says he wants to end war, the left should call his bluff...

Dec 17, 2024 / Matthew Duss

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