Is debt really our biggest problem? Are we placing a burden on our children and future generations? The answer to both questions is a clear “no”,. Unfortunately, the European rules, now thankfully suspended, were drawn up from this mistaken perspective.
It rather hurts me to hear that Mario Draghi, the Taciturn, has built up his government team “far from the interferences of the parties”, that “politicians are, by their very nature, incompetent”. As a matter of fact, politics as nuisance.
Interview with Eileen Appelbaum on Biden's American econoomic and social policies. Joe Biden’s proposed $1.9 trillion COVID relief bill is the right kind of ambitious, but can it avoid the kind of disaster capitalism that plagued the CARES Act?
This essay ("John Kenneth Galbraith was an intellectual celebrity 50 years ago—and it would be a mistake to ignore him today") has been published by FP on January 2021 Here are reproduced parts of the essay.