Mamdani Needs to Catch the Value Capture Bus
New York Democratic mayoral nominee Zohran Mamdani has drawn both praise and sneers for his free bus proposal. As detailed
Why has the U.S. economy been doing so well? --Anonymous, via email
I regularly hear the claim that U.S. prosperity *depends* on exploiting poorer countries, but I have never once seen an actual argument for it. What is the support for this claim? --Ryan Cooper,
Why is the Federal Reserve raising interest rates? What's the impact?????????????????--Anonymous, via email
I keep hearing progressive economists talking about environmental sustainability, in particular in the context of the looming catastrophe of global
How well do U.S workers fare in relation to workers in other countries when you compare workers' shares of national income? --Martin Voelker, Golden, Colo.
What's the story with artificial intelligence and jobs? Will the application of robotics to production really lead to massive unemployment? --Anonymous, via email
Is it really true (or likely) that the U.S. and world economies are entering an extended period of slow economic growth--that is, stagnation? --Aaron Shields, Maplewood, N.J.
Doesn’t the increasing liberalization of U.S. international economic policies foreclose the possibilities for progressive policies in this country? Don’t these policies undercut the effectiveness of fiscal policy efforts to stimulate employment and output? And don’t they virtually rule out many prog
It seems like Puerto Rico's economic and financial mess came out of nowhere. Until recently, there wasn't much about Puerto Rico in the press, but what there was seemed to portray things as fine, with a generous amount of funds going to the island from Washington. Sometimes, Puerto Rico was held up
Dear Dr. Dollar: Would the U.S. economy work better if some industries were nationalized? Banks? Other industries? Which ones and why? —Richard Hobbs, San Jose, Calif.
I had thought that neoliberal globalization was making the world more unequal. But recently I have seen claims that the distribution of income in the world has become more equal. Is this true? —Evan Swinerton, Brookline, Mass.