Economy

The Friendship that Changed Economics

Amos Tversky and Daniel Kahneman transformed how we think about economics and human behavior.

When Economics Had Ethics

Remembering Kenneth Arrow

The President’s House Is Empty

Opting out, as Trump has done with the White House, is a neoliberal habit. But who bears the cost?

Is Globalization to Blame?

The loss of jobs that accompanied globalization could have been avoided.

Who’s Afraid of the Student Debt Crisis?

Two new books argue that the student debt crisis is a media myth. But they ignore the exploitation of disadvantaged students by for-profit colleges.

Garrison America and the Threat of Global War

The crisis of liberal capitalism has arrived, bringing us to the brink of total global war.

How Not to Argue for Basic Income

When proponents deploy the logic of market competition, they undermine democracy and social equality.

For the Wealthy, Citizenship at a Premium

Malta, Portugal, and Spain offer quick routes to passports for global elite willing to pay. This raises fundamental questions about the meaning and value of citizenship.

The New World Order

The 1850s were a turning point for globalization, from telegraphs to colonization.

The End of Work

Government has always played an outsize role in creating jobs—and still can.

No Easy End to Prison Profiteering

The DOJ says it will stop using private prisons. The truth is more complicated.

Unraveling the Silicon Valley Consensus

Startups aren’t the magic bullet for economic growth.

Common Property

How social insurance became confused with socialism.

Do Government Incentives Make Us Bad Citizens?

Government incentives may make us less moral, not more.

The Forgotten State

Local government can’t fix our problems. Only big government can.

Reversal of Fortune

Cities are now playgrounds for the rich, with the poor forced into suburbs.

Should the Middle Class Fear the World’s Poor?

Plutocracy, not global competition, harms the middle class.

The Not-So-Revolutionary Single Woman

The family is changing. Will the social contract catch up?

The Privatization of Hope

Among the casualties of neoliberalism is the very possibility of solidarity.

Out with the Old, in with the Old

Lessons from Iceland’s brush with the Panama Papers.

The Racist Dawn of Capitalism

Recent histories of slavery and capitalism ignore radical black scholarship.

Why Spain Won’t Quit the Eurozone

Weaker European economies chafe against an anti-democratic euro.

The Riptide of Technocracy

Is a centralized European Union compatible with democracy?

A Servant Heart

How has neoliberalism become so closely linked with evangelical Christianity?

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