The Trump Economy? Some Reagan Parallels The Trump Economy? Some Reagan Parallels
In contrast with the now sober-seeming Reaganites, Trump has taken credit for the economy from day one.
Aug 7, 2025 / James K. Galbraith
Trump’s Tariff Shock and the China Supply Chain Trump’s Tariff Shock and the China Supply Chain
We are now in a trade war with China, and the only question is: How long before Trump (and America) blink?
Apr 16, 2025 / James K. Galbraith
Trump’s Economics—and America’s Economy Trump’s Economics—and America’s Economy
You can’t make America great again by wrecking the government.
Mar 19, 2025 / James K. Galbraith
The Political Economy of Trumpism The Political Economy of Trumpism
Though he started by threatening Mexico, Canada, and China, Trump’s tariffs mean the US will drain Europe as Ukraine fades.
Jan 15, 2025 / James K. Galbraith
Why Bidenomics Was Such a Bust Why Bidenomics Was Such a Bust
A large majority of voters gave the Biden administration a failing grade on the economy. For the sake of future policy battles, it is worthwhile to try to understand their reasons...
Dec 9, 2024 / James K. Galbraith
Bidenomics and Its Discontents Bidenomics and Its Discontents
The White House believes American workers have seldom had it so good. And lots of prestigious economists agree. But the voters aren’t buying. Maybe they know something?
Mar 27, 2024 / James K. Galbraith
In Defense of the 30-Year Mortgage In Defense of the 30-Year Mortgage
A recent "New York Times" column argued that the long term fixed-rate loan popular with US homebuyers is unfair to banks. In fact the arrangement—a fruit of the New Deal—is someth...
Nov 23, 2023 / James K. Galbraith
Next Time, Dammit, Just Default Next Time, Dammit, Just Default
Democrats feared a monster called “default”—but it’s just another Washington scare story.
Jun 9, 2023 / James K. Galbraith for The Nation
The Debt Deal Is a Tragedy The Debt Deal Is a Tragedy
The debt-limit agreement entrenches long-term austerity. It was a huge GOP win.
May 30, 2023 / James K. Galbraith
More “Dangerous Nonsense” From “The New York Times” on the Debt Ceiling More “Dangerous Nonsense” From “The New York Times” on the Debt Ceiling
There are multiple "legal" pathways to resolve the current debt “crisis.” Having the president and House speaker agree on spending cuts to programs already approved by Congress is ...
May 18, 2023 / James K. Galbraith