The Habitation Economy
The core analytic framework for economists on the left has not changed in nearly a century. We need a new paradigm to make sense of the world we inhabit.
Winter 2024
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How Inequality Distorts Economics
The growing global concentration of wealth has made basic data on household savings, the trade deficit, and overseas assets increasingly unreliable.
Time for Another Reinvention
Socialist parties emerged as dynamic, powerful forces at the turn of the twentieth century. After decades of decline, can they revive themselves in the twenty-first?
The World Economy Needs More Borrowing?Not Less
Fred Block: The World Economy Needs More Borrowing?Not Less
End This Depression, But How?
Fred Block: End This Depression
Green Giant 
The End of Energy: The Unmaking of America’s Environment, Security, and Independence by Michael J. Graetz MIT Press, 2011, 384 pp. Michael J. Graetz’s The End of Energy is a well-documented lamentation over the forty-year failure of the U.S. political …
Rebuilding America: How Obama Can Still Turn Things Around
Fred Block: Rebuilding America
Infrastructure, Deficits, and Global Recovery
Block: The Infrastructure Economy
Keynes Lost and Found
Keynes: The Return of the Master by Robert Skidelsky Public Affairs, 2009, 256 pp., $25.95 Keynes: The Rise, Fall, and Return of the 20th Century’s Most Influential Economist by Peter Clarke Bloomsbury, 2009, 211 pp., $20 A fierce debate raged …
After the Stimulus: Now What?
F. Block: The Stimulus is Signed–Now What?
The Rescue: How Congress Should Fix the Paulson Plan
F. Block: Fixing the Paulson Plan
Mortgage Meltdown: Defining the Changes We Need
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Corporate Power Today
One of the fault lines within political economy is between theorists of continuity and theorists of discontinuity. The former argue that current institutions are a continuation of the past with only superficial changes. The latter argue that big changes are …
Remaking Our Economy
Across the political spectrum, there is an absence of serious and persuasive ideas for reviving and rebuilding the U.S. economy. Bill Clinton’s advocacy of extensive federal investment in infrastructure, training, and education is a vast improvement over anything else on …
Future of the Welfare State
The end of the Cold War should mean the end of the illusion that “free market capitalism” and communism are the only choices for a developed economy. The experiences of advanced European welfare states show that there are many more …
