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.


Don’t Leave Social Media Regulation to the Platforms—Bring in the FCC Share This

Jul 22, 2021

Coming to terms with the importance of free speech means coming to terms with the reality that free speech will sometimes be used for abhorrent purposes. We protect bad speech on the grounds that the alternative—censorship—is even worse. But the rise of social media as both a powerful distribution framework and disseminator of content has […]

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A Template for Harnessing the Private Sector for the Public Good Share This

Jul 01, 2021

Markets do not naturally tend toward “equilibrium.”  They are wrecking balls if not properly harnessed. High levels of debt, which can be a source of strength (by enabling higher levels of investment than could be financed otherwise), can also be a source of vulnerability if the government fails to coordinate investment, curb excess capacity, and […]

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What Republicans Can Learn from the UK’s Conservative Party Share This

May 18, 2021

Political trends in the U.S. and United Kingdom have mirrored each other for decades—and Britain’s recent local elections (and the Hartlepool by-election) are no exception. Predictably, there has been much discussion of the stunning collapse of working-class support in areas that have long been staunchly pro-Labour and the implications for the Democratic Party across the […]

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If We Can’t Agree on a Global Minimum, Abolish the Corporate Tax Share This

Apr 15, 2021

Along with his proposals to raise the U.S. corporate tax rate to 28% (President Trump cut it to 21% from 35%), President Biden has offered something up to his global counterparts that has been around for a while, but which no U.S. president had heretofore seriously contemplated: a global minimum corporate tax rate of 21%, which […]

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Justice Thomas, Countervailing Power, and Big Tech Share This

Apr 07, 2021

In a non-binding concurrence, Justice Clarence Thomas (joined by no other justices), argued that social media platforms could be labeled “common carriers,” and should therefore be treated like phone companies or similar utilities. Thomas’ commentary accompanied a Monday Supreme Court order instructing a New York district court to dismiss as moot a lawsuit against former […]

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Biden’s Buy American Procurement Program is Key to Reshoring Production and Restoring American Prosperity Share This

Feb 15, 2021

Americans have seen their wages shrivel as manufacturing has been repeatedly outsourced to low-cost jurisdictions such as China, Bangladesh and Vietnam.  Much of the prevailing conventional wisdom over the past few decades has been that manufacturing is not a necessary part of a wealthy nation, that we live in a “post-industrial” world, that is, one […]

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Germany Returns to its Galbraithian Roots; Will the U.S. do the same? Share This

Jan 26, 2021

Count Germany as the latest country to abandon the market fundamentalism that has characterized economic policymaking in the West for the past 40 years. A recent piece in the Frankfurter Allgemeine featured a public call from Deutsche Bank, urging sweeping state participation in efforts to reconstruct a new car industry fit for the 21st century, […]

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The Pandemic Necessitates a New Approach to Health Care Share This

Jan 13, 2021

The COVID-19 pandemic presents an existential conundrum to the structure and principle of employer-based health care and its various supporters and dependents. The loss of a job often cuts off access to health care, adding greater weight to the challenges of dealing with this public health crisis. And this is widely exacerbated by a longstanding […]

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Is There a Case for Principled Populism From the GOP? Share This

Jan 04, 2021

DAILY CALLER—Marshall Auerback discusses how a principled populism that addresses working-class interests could emerge in the GOP.

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Is There a Case for Principled Populism From the GOP? Share This

Dec 18, 2020

“Populism” is a term that since the modern era has been generally trotted out to mean a political attitude that reflects widespread anger and resentment against powerful elites, while among stenographers for the power class, populism has been reflexively trotted out to warn against the passions and wants of the mob. Who is using that […]

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Is There a Way of Doing Bipartisan National Industrial Policy? Share This

Dec 02, 2020

The likely configuration of the new Senate represents a potential obstacle toward some of the grander Democratic Party policy visions outlined in President-elect Biden’s program.  Almost certainly, we can forget about a Green New Deal (barring the possibility of a few wind turbines and solar panels being thrown into a broader policy that emphasizes public infrastructure). […]

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America May Be Back, but Let’s Not Bring Back the Old Normal Share This

Nov 27, 2020

As President-elect Joe Biden has been announcing members of his new team, he has been equally prone to pass on the message to the rest of the world that “America is back”.  While some degree of international re-engagement is a good thing, let us hope that the new administration understands that simply reconstructing the old […]

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