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Economism: Bad Economics and the Rise of Inequality

A history and analysis of the Economics 101 ideology and its impact on contemporary politics and society, by James Kwak. Available now from Pantheon.

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James Kwak in Economism: Bad Economics and the Rise of Inequality

Feb 26, 2021

How the Minimum Wage Reduces Inequality

Companies make profits. The minimum wage changes how those…

James Kwak in Economism: Bad Economics and the Rise of Inequality

Jun 28, 2017

A New Economic Vision, in 27 Words

A couple of weeks ago I posted a 6,000-word essay laying out a new economic vision for the Democratic Party. It kind of vanished into the ether, although Stephen Metcalf was kind enough to say this:

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James Kwak in Economism: Bad Economics and the Rise of Inequality

Jun 15, 2017

The Importance of Fairness

A New Economic Vision for the Democratic Party

A lot has been written recently about the direction of the Democratic Party. This is what I think.

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James Kwak in Economism: Bad Economics and the Rise of Inequality

Jan 9, 2017

Economism and the Future of the Democratic Party

James Kwak in Economism: Bad Economics and the Rise of Inequality

Oct 30, 2016

Models of Economic Policymaking

The evening that he won the Iowa caucus in January 2008, Barack Obama said this:

Hope is the bedrock of this nation. The belief that our destiny will not be written for us, but by us, by all those men and women who are not content to settle for the…