By Tom Streithorst “Financial repression.” It sounds terrifying, right? It smacks of authoritarian bureaucrats sucking the life-blood out of hard-working, innovative makers and doers. Umm, no. That’s not even close. It’s about bondholders. Economists started using […]
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By Tom Streithorst During the post war Golden Age, from 1950 to 1973, US median real wages more than doubled. Today, they are lower than they were when Jimmy Carter was President. If you want an […]
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By Tom Streithorst Hillary Clinton lost to Donald Trump because she did not provide a solution to the grave economic problems facing the American middle and working class. Hillary pretended the economy was getting better, […]
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By Tom Streithorst Imagine Beyonce’s stylist’s hairdresser’s cousin tells you exactly what happened in that elevator between Solange and Jay Z. The story is compelling, explains obscure lyrics in Lemonade, makes intuitive sense. You can’t wait […]
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Editor’s Note: In an effort to center New Economic Thinking in the discussion of the COVID-19 crisis, we’ve curated a list of Evonomics articles relevant to this moment—including this one. Check out the full list here. […]
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