Economic Policy

Barney Frank at news conference

Democrats Face a Terrible Reckoning on Bank Bailouts  Democrats Face a Terrible Reckoning on Bank Bailouts 

Barack Obama, Nancy Pelosi, Barney Frank, and a phalanx of senators are way too cozy with finance capital.

Mar 17, 2023 / Jeet Heer

A Silicon Valley Bank office is seen in Tempe, Arizona, on March 14, 2023. - With hindsight, there were warning signs ahead of last week's spectacular collapse of Silicon Valley Bank, missed not only by investors, but by bank regulators. Just why the oversight failed remained a hot question among banking experts, with some focusing on the weakness of US rules. (Photo by REBECCA NOBLE / AFP) (Photo by REBECCA NOBLE/AFP via Getty Images)

A Death in the Valley: What the End of SVB Reveals About VC Class Solidarity A Death in the Valley: What the End of SVB Reveals About VC Class Solidarity

With the banking system sitting on $620 billion in paper (unrealized) losses, this saga may be far from over.

Mar 17, 2023 / Doug Henwood

Volunteers fill boxes at a food distribution center.

Everyone Has the Right to Food Everyone Has the Right to Food

For a country that projects itself as the richest in the world, hunger remains hidden by design.

Mar 15, 2023 / Beverly Gologorsky

Greg Becker, President and CEO of Silicon Valley Bank, speaks during the Milken Institute Global Conference on May 3, 2022.

Silicon Valley Learns to Love Socialism for the Rich Silicon Valley Learns to Love Socialism for the Rich

The very people who eviscerated banking regulations now want to be shielded from the catastrophe they caused.

Mar 13, 2023 / Jeet Heer

A sign reading Cancel Student Debt is staged outside of the Supreme Court of the United States in Washington, D.C., on February 28, 2023.

Reports of the Death of Biden’s Student Debt Cancellation Program Are Premature Reports of the Death of Biden’s Student Debt Cancellation Program Are Premature

Pronouncing debt cancellation DOA takes the Supreme Court’s ruling as the last word—precisely at the moment when the court’s authority demands challenge, not complacency.

Mar 13, 2023 / Eleni Schirmer

Empty hospital bed

The Widespread Cruelty of Death Care Disparities The Widespread Cruelty of Death Care Disparities

We live in a world where the quality of care you receive while dying depends on how much you can afford.

Mar 9, 2023 / Priti Gulati Cox and Stan Cox

US President Joe Biden speaks

Biden Has Gotten a Lot Done. Have Voters Noticed? Biden Has Gotten a Lot Done. Have Voters Noticed?

The president is betting that he can defy the overall trend of public opinion and demonstrate that government can actually work.

Mar 7, 2023 / Chris Lehmann

FDR and New Dealers in car

The Case Against Privatizing Social Security The Case Against Privatizing Social Security

For the New Deal’s 90th birthday, let’s deliver a cake, not a hand grenade.

Mar 4, 2023 / Henry Scott Wallace, June Hopkins, Tomlin Perkins Coggeshall, Harold M. Ickes, and James Roosevelt Jr.

President Joe Biden tours the TSMC semiconductor facility in Phoenix, Ariz.

The CHIPS Plan to Revive American Manufacturing The CHIPS Plan to Revive American Manufacturing

A Biden administration initiative to bolster the semiconductor sector could supply the basis for a new industrial policy.

Mar 2, 2023 / Todd N. Tucker and Lenore Palladino

Image of a pipeline crossing tundra

Why More Alaskans Aren’t Fighting a Huge Potential Oil Project on the North Slope Why More Alaskans Aren’t Fighting a Huge Potential Oil Project on the North Slope

Alaska residents are living in an impossible situation: The state depends on oil to sustain itself—and that economy is simultaneously wreaking permanent damage on both the Arctic a...

Feb 28, 2023 / Madeline Ostrander

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