Rooting for a Recession Is Dangerous—Especially Under Trump

Unless Democrats offer real alternatives, an economic downturn will only lead to more misery and social strife. by Jeet Heer edited by O Society August 18, 2019 Over the last few months, comedian Bill Maher repeatedly rooted for an economic crash, seeing it as one sure method to defeat Donald Trump next year. “I feel … Continue reading Rooting for a Recession Is Dangerous—Especially Under Trump

Share Buybacks and the Contradictions of “Shareholder Capitalism”

by Julius Krein  American Affairs Dec 13, 2019 In the jargon of finance, America is suffering from a capital allocation problem. The country seems incapable of making the necessary investments to fuel future productivity and growth, or to ensure widespread prosperity. At the government level, public spending on basic research and development as well as … Continue reading Share Buybacks and the Contradictions of “Shareholder Capitalism”