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It is fashionable these days to dunk on markets. Show me something bad in the world and I’ll show you someone blaming it on “neoliberalism&rdqu
It’s time for a new brand of democratic liberalism that understands and harnesses the power of markets for social and economic good.
It is fashionable these days to dunk on markets. Show me something bad in the world and I’ll show you someone blaming it on “neoliberalism&rdqu
As the Republican led US Senate has voted to confirm (or deny) the party leader's cabinet picks, they've done a poor job, approving, for example, people who have acted in direct opposition to the areas of government they are expected to serve, or in some cases, being abjectly incompetent. The Republicans in the Senate were not vetting the nominees. Some of the Democrats were, but even there, we saw failures of conscious.
'The return of the state" is a phrase seemingly on almost everyone's lips nowadays. Given the global challenges posed by the Covid-19 pandemic and climate change, the argument goes that it is governments, not markets, that should be responsible for allocating resources. New Deal-style state intervention is back.