March/April 2022

The Plutonomy—AI Edition—and the Coming Crisis

Driven by speculative finance, stagnant wages, and AI hype, today’s tech-heavy economy mirrors the fragile plutonomy that collapsed into the Great Crash of 1929.

Corporate Taxes: Less, Less, and Less

Arthur Macewan

The experience of the last several decades has long been one of declining corporate tax rates and a declining share of federal revenue coming from corporations. | Read more »
The New Tools of the Fed

John Miller

Monetary Policy Since the Financial Crisis | Read more »
Solving the Climate Crisis with Nuclear Energy Won’t Work

Robert Pollin

Russia’s invasion of Ukraine has dramatized and intensified the dangers associated with operating nuclear power plants. | Read more »

Available only in the print edition:

Confronting Neoliberalism at Last

James M. Cypher

Power vs. Policy in Gabriel Boric’s Chile
How “Big Oil” Works the System and Keeps Winning

Naomi Oreskes and Jeff Nesbit

Oil and gas interests have refined their techniques to stay a step ahead over decades.

the regulars

editors’ note Is There an Alternative?
the short run
two cents
cartoon Welfare Saves Money
making sense Credible Strike Threats
in review Anne Case and Angus Deaton, Deaths of Despair and the Future of Capitalism

The Plutonomy—AI Edition—and the Coming Crisis

Metal of the Past, Metal of the Future

The Latest Job Calamity—Mostly Home-Made

March/April 2022

Available only in the print edition:

the regulars