Relevant and even prescient commentary on news, politics and the economy.

How to roast the planet with good intentions: The Climate Equity Act

I have suggested (here and here) that idealism is leading progressives astray.  Unfortunately, climate policy offers many examples. Consider the Climate Equity Act of 2019.  The CEA was, I believe, the first concrete piece of legislation proposed as part of the Green New Deal.  Unfortunately, it illustrates several of the problems with progressive idealism.  The […]

Progressive idealism and Medicare For All

I have suggested (here and here) that idealism is leading progressives astray.  Idealism leads progressives to ignore the political opposition that their proposals will encounter, and the need to win over reluctant allies through policy design, messaging, and – yes – compromise. A clear example of the pitfalls of progressive idealism is provided by the […]

Progressive Idealism, continued . . .

In a previous post, I argued that rising incomes and increasingly liberal attitudes may move opinion and policy in a progressive direction in the United States.  However, the Democratic victory in the 2018 election did not signal the start of a progressive “revolution”; it mostly reflected a predictable reaction to the unpopular policies of Trump […]

Generational replacement

Via Matt Grossmann, a new paper by Patrick Fisher: Contemporary American politics is marked by an unusually substantial generation gap. This has important implications for the future of American politics as an overwhelmingly white and conservative generation, the Silent Generation, is being replaced in the electorate by much more diverse and liberal generations: the Millennial […]

If democracy fails in the United States . . .

will it survive anywhere else? Many people (including me) are worried about the failure of democracy here.  But what happens in the rest of the world if democracy fails here, with the leading countries outside Europe authoritarian or leaning authoritarian, and European democracy looking a bit frayed around the edges?  And if authoritarianism is ascendant […]

Does the United States Have a Progressive Future?

Spoiler alert:  maybe. The surprising success of Bernie Sanders’ 2016 presidential bid, widespread protests against Trump, and the election of a number of highly progressive candidates in the 2018 midterms all seem to suggest a progressive turning point in American politics.  At the very least, the intellectual stranglehold of right-wing economic ideas on our political […]

Is Progressive Idealism Self-Defeating?

Like many liberals, I am encouraged by the new energy of progressives and the growing political support for progressive causes.  But I also share the common worry that the idealism of progressives is in danger of becoming self-defeating (see, e.g., Judis and Edsall for two recent discussions).  That’s a problem, because the stakes are high […]

What Is Up With Empirical Economics?

Tyler Cowen today flags a paper by Currie, Kleven, and Zwiers on changing practices in economics, and highlights the following: Panel A illustrates a virtually linear rise in the fraction of papers, in both the NBER and top-five series, which make explicit reference to identification. This fraction has risen from around 4 percent to 50 […]

For MLK Day: Letter From a Birmingham Jail

There is no better way to honor Dr. King than to read his Letter From a Birmingham Jail.  It is full of moral insight, deeply moving, and an astonishing piece of political advocacy.  Here are the opening paragraphs: While confined here in the Birmingham city jail, I came across your recent statement calling my present […]