July/August 2019

Private Equity’s Profit Charade

Private equity's seemingly high returns have been attributed to "freedom" from regulation. But, however explained, there is the question of how real the private equity profits have actually been.

What I Learned (and Didn't Learn) in Econ 100

Tim Koechlin

Introductory economics courses celebrate the "efficiency" of the "market system" and smugly dismiss important questions. | Read more »
Why the Climate Crisis Is Also the Crisis of Capitalism

Ying Chen and gÜney iŞikara

The people in charge of our economic surplus—capitalists—seem unwilling to deploy that surplus for social purposes like a Green New Deal. | Read more »
U.S. Agriculture Needs a 21st-Century New Deal

Maywa Montenegro, Joshua Sbicca,
and Annie Shattuck | August 26

A just transition requires a system-wide shift that cuts carbon emissions, reduces vulnerability to climate chaos, and prioritizes economic justice | Read more »
Dangerous Talk on Education
and Economic Mobility

John Miller

Beyond the College Admissions Bribery Scandal. | Read more »
With Foreign Trade, Are Progressives and Trump on the Same Page?

Arthur Macewan | July 31

Dear Dr. Dollar: Given Trump's positions on issues like tariffs and trade agreements, are Trump and progressives on the same page on foreign trade? | Read more »

Available only in the print edition:

the regulars

editor’s note Resource Hoarding and Downward Spirals
the short run
in review Joseph Stiglitz, People, Power, and Profits, and Richard Vague, A Brief History of Doom
45th anniversary reprints From November 1988: Public Capital, Private Profits

Taxing the Top

Mass Deportations Drain Economic Growth

Private Equity’s Profit Charade

July/August 2019

Available only in the print edition:

the regulars