The Specter of Inflation

Democrats don’t lose elections because of rising prices. They lose when they cut spending and raise interest rates, sacrificing other goals at the altar of price stability.

COVID-19 Provides All the More Reason to Tax the Rich

Tax policies like New Jersey’s new Millionaires Tax are essential—not only for an equitable recovery, but also for reining in pre-pandemic inequality.

Meet the Bailout’s New Slush Fund

The battle over the bailout—set to be delivered through a once-obscure Treasury Department mechanism called the Exchange Stabilization Fund—has only just begun.

Elon Musk’s Fall from Grace

The public has paid for Musk’s vision. So why is the green economy still not here?

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