January/February 2025

Zapping Labor: The Sharp Rise of Income Inequality Initiated in the Early 1980s

How Federal Reserve policies, the recession they triggered, and broader political and economic changes weakened workers’ power and helped usher in an era of extreme inequality.

The Left Wave That Swept Democratic Primaries

A string of primary victories by DSA-backed candidates and other progressives—from New York to Michigan to Florida—is giving the Democratic left new leverage while putting its ambitious economic agenda back at the center of the party’s debate.

features

Tariffs, Deportations, and Tax Cuts for the Rich

Economists agree: Trump’s proposed policies would be bad for the U.S. economy.
By John Miller

Migration on the Mon

Visiting a Pennsylvania town that was vilified by Trump.
By Kalena Thomhave

First as Farce, Then as Tragedy

Explaining Trump's reelection.
By Jared Abbott

Getting Stuff from Here to There

Class, Power, and Logistics in California's Inland Empire
By Bill Barclay

the regulars

the short run
two cents
up against the Wall Street Journal | Trump's Policies Would be Bad for the Economy
economy in narrative | The Class Divide in High Resolution
in review | Power and Progress, by Daron Acemoglu and Simon Johnson