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The Emergence of Anti-Corporate Progressivism

Opposition to globalization. Efforts to weaken intellectual property protections. Pushing for municipal broadband. Calls for the National Institutes of Health to develop drugs. What do these positions have in common? They are all examples of the recent turn toward anti-corporate progressivism.

It’s Time to Bring Back Place-Based Policymaking

As neoclassical economics steeped with market fundamentalist ideology started to gain ascendency in the 1970s, the federal government gradually abandoned efforts to help lagging regions.

No, Adopting an Industrial Policy Doesn’t Mean We’re Emulating China

There is a continuum of state involvement in industry and technology policy that spans from doing nothing to picking particular firms and technologies.

The Fed’s Most Harmful Statistics Error

The United States is not producing 24,881% more computers than it was in 1980, and is likely producing significantly fewer because of offshoring.

Freedom, Fairness or Flourishing: America’s Fundamental Economic Policy Choice

Knowing that many Americans see flourishing as the right goal, both the freedom and fairness camps claim their policies generate flourishing. But mostly they don’t.

Calling on the Wrong Profession: Time to Listen Less to Economists

As hard as it is to believe, there was a time – before the New Deal – when economists were largely treated like any other interest group, occasionally saying something interesting, but usually ignored by policymakers.

1980 All Over Again? In Search of the Right Analogy for the 2020 Election

The 2020 election bears the most resemblance to 1980, which ushered a transformed Republican Party into the White House and Senate for the first time since 1954.

Why Raising the Minimum Wage Will Grow the Economy, Not Kill Jobs

Raising the minimum wage would not increase unemployment; it would increase living standards for low-income workers—and, critically, it would boost overall U.S. productivity growth.

It’s neither the Investor Class nor the Middle Class: It’s the Producer Class, Stupid!

If one believes that ideas matter, then the person who has surely done the most harm to humanity is Karl Marx, as his writings led to Communism, with its repression and tens of millions of deaths (as well the rise of Nazi Germany).

Before COVID, the Economy Was Already Sick from Washington Groupthink

When it comes to the economy, the Biden administration will have to focus on three things: COVID, a recovery package, and China. Everyone understands we have to get vaccines in the arms of as many Americans as possible as soon as possible. And hopefully the Senate can agree on an economic recovery package.

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