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Tag Archives: Politics & Society

Getting inflation wrong

Jerome H. Powell sailed to Senate confirmation on Tuesday to become the 16th chairman of the Federal Reserve with a final vote of 84 to 13 … The bipartisan support for Mr. Powell was a sharp break from another Fed hearing earlier on Tuesday, when Mr. Brown and other Democrats questioned the qualifications of Marvin Goodfriend, a conservative economist nominated by Mr. Trump for a seat on the Fed’s board. Mr. Goodfriend repeatedly predicted after the 2008 financial crisis that...

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Branko Milanovic and the hypocrites of the World Economic Forum

Branko Milanovic and the hypocrites of the World Economic Forum Thousands of people will gather next week in Davos. Their combined wealth will reach several hundred billion dollars, perhaps even close to a trillion. Never in world history will be the amount of wealth per square foot so high. And this year, for the sixth or seventh consecutive time, what would be one of the principal topics addressed by these captains of industry, billionaires, employers of...

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Trump — the worst president ever

Trump — the worst president ever Mr. Trump’s first year has been an unremitting parade of disgraces that have demeaned him as well as the dignity of his office, and he has shown that this is exactly how he believes he should govern. Most important, he is the first president to fail to defend the nation from an attack on our democracy by a hostile foreign power — and to resist the investigation of that attack. He is the first to enrich his private...

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Mark Lilla and the identity politics trap

Mark Lilla and the identity politics trap ZEIT: Warum führt Identitätspolitik überhaupt zu dieser Stärkung des Identitätsbegriffes? Lief die Ursprungsidee nicht auf das Gegenteil hinaus – auf die Dekonstruktion von Identität? Lilla: Man findet beides. Wobei “Dekonstruktion” natürlich nur was für reiche Kinder aus der Bourgeoisie ist, die an wahnsinnig teuren Eliteuniversitäten studieren. Die sind die Einzigen auf der Welt, die sich für Dekonstruktion...

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