Marshall Auerback

Marshall Auerback

Marshall Auerback is a researcher at Bard College's Levy Economics Institute, a fellow of Economists for Peace and Security, and a writer for the Independent Media Institute.

@Mauerback

Another Kind of Redistribution; The Case for a Job Guarantee Program Share This

Jul 10, 2020

Recent posts from Sam Hammond , Ed Dolan, and Oren Cass, have opened a very thoughtful debate on the role of redistribution in a future economic agenda. They rightly observe the corrosive effects of mindlessly expanding re­distributive policies without addressing many of the flaws in our current system that give rise to the need for such redistribution in […]

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How We Do the Work Is As Important As Where We Do It Share This

Jul 07, 2020

Repatriating supply chains to home shores has become an increasingly fashionable topic in the wake of the COVID-19 pandemic. Part of the rationale is to ensure that adequate redundancy and resiliency are built into our economies, even at the cost of “just in time” inventory accumulation practices (which have prioritized short term profitability at a […]

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America Cottons on to Industrial Policy Again Share This

Jun 27, 2020

Recently, I suggested that the United States would do well to emulate some aspects of China’s economic development model, largely on the grounds that this still constituted the optimal route to reindustrialization. If done correctly, reindustrialization can provide a key means of generating high quality jobs in the U.S. and a corresponding break from today’s […]

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Contain China if Necessary, but Emulate Features of its Industrial Policy to Ensure Long Term Economic Prosperity Share This

Jun 24, 2020

Robert Atkinson of the Information Technology and Innovation Foundation has just written a very compelling analysis of China’s national industrial policy, especially in relation to the exponential growth of its telecommunications industry. Some of the key findings of the paper, “How China’s Mercantilist Policies Have Undermined Global Innovation in the Telecom Equipment Industry” are as […]

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Social Media Requires Utility Style Regulation Share This

Jun 17, 2020

I’ve raised the issue of social media regulation before. This is an issue that won’t be going away anytime soon in the wake of Google’s decision to ban two websites from its ad platform over protest articles, namely The Federalist and Zero Hedge.  As Mike Masnick has argued, this appears to be less a case […]

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How Should We Regulate the Social Media Companies? Hint: More Competition Might not be the Answer Share This

Jun 04, 2020

Donald Trump threatened to close Twitter down a day after the social media giant marked his tweets with a fact-check warning label for the first time. The president followed this threat up with an executive order that would encourage federal regulators to allow tech companies to be held liable for the comments, videos, and other […]

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Free Trade and the Paradox of Consumption Share This

May 22, 2020

Re: Yes, We Should Care About Huawei

In a recent post, Rachel Bovard rightly defended the notion that in certain instances national security considerations should supersede free trade considerations. She specifically cited the ban on Huawei in the context of a discussion of a recent Real Clear Markets column by economist John Tamny, who makes a traditional free market case against the ban […]

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Japan Offers a Compelling ‘Back to the Future’ Model Share This

May 14, 2020

Japan has announced newly defined restrictions on foreign investment, which at face value, seem to violate the provisions of the World Trade Organization agreement.  Of course, Tokyo has crafted these restrictions on the vague grounds of “national security”, which is likely to take on a substantially different meaning in light of the coronavirus pandemic. Hence, […]

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“TRIM” the WTO, Don’t Abolish It Share This

May 07, 2020

It is refreshing to see an increasing number of politicians and pundits from across the political spectrum calling for re-establishing their manufacturing base to address the vulnerabilities exposed in the wake of COVID-19.  The latest is GOP Senator Josh Hawley, calling for the abolition of the World Trade Organization, in a NY Times Op-ed. It […]

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