New Consensus

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Making U.S. vaccines available to all nations as fast as possible will require leadership that defies both progressive and conservative preferences.
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Every industrialized nation got that way on purpose, with state-led investment a required piece of the process. The U.S. will not be able to get back to…
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Didn't we leave that behind in the 19th century?
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The American Jobs Plan is historic in it's scale, but we can't pat ourselves on the back yet.
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The failed campaign in Bessemer, Alabama, does not prove that workers don't want a union. It shows that workers see no logic in the labor movement's…
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Sometimes it seems as though every time public officials return to talking about productive Hamiltonian public investment, or speak in a balanced way of…
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America is finally changing its mind about manufacturing. For the past several decades, Democratic and Republican administrations competed to see who…
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All across the political spectrum, those who think about and implement economic policy are rapidly gravitating toward a new consensus. Ideological…
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Biden’s plans to spend $3-5 trillion in a recovery package to rebuild the economy sounds very promising. In this series, we’re exploring ideas for him…
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I'm angry in advance at the Biden administration for not preventing the next pandemic--a pandemic which experts warn could be anywhere from 1/10th to 10…
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After passing a $1.9 trillion dollar COVID-19 relief package, the Biden administration has accomplished its first goal of getting a floor under our…
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For part 1 of this post that explains what the balance sheet is, click here. Since 2008, first because of the great recession of 2008-09 and now because…
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