Jeff Madrick

Staying the Invisible Hand

America: The Forgotten Poor

Remembering Bob Silvers

On the late editor of The New York Review

The Trump Economy

Why has the stock market been soaring since Trump’s election? Investors apparently have concluded that the economy can grow faster if the deficit grows, even if it leads to higher inflation and interest rates—exactly the fiscal medicine many liberals had been advocating.

Why Aren't Men Working?

I am gratified that the NYR Daily chose to review Men Without Work: America’s Invisible Crisis, and that Jeff Madrick is the reviewer. However, several oversights and errors in his depiction of my study require correction.

America’s Lost Workers

This year’s election presents an economic mystery: why, given an apparently healthy US economy, are so many voters looking for dramatic change?

The Little-Known Ted

How the Lobbyists Win in Washington

The Cost of Child Poverty

The US has a higher proportion of children in poverty than any other developed country except Romania. It also is the only major developed country that does not provide cash allowances to poor children.

The Rocky Road to Taking It Easy

The difficult choices in dealing with Social Security

‘What’s the Matter with Economics?’: An Exchange

The assumptions of mainstream economists and their influence on policy

The Lesson of Lehman

What would have happened if the federal government had saved Lehman Brothers back in September 2008? Could the Great Recession have been avoided?

Stuck on Inflation

Fed chairwoman Janet Yellen is under a lot of pressure from inflation hawks on the Fed’s Open Market Committee to raise interest rates. This would be a huge mistake.

Why the Experts Missed the Recession

Inequality Begins at Birth

Over the past year, the lack of universal pre-kindergarten for American four-year-olds has become a national issue. But new research is making it increasingly clear that educational disparities start much earlier.

Worse Than Inequality

What matters more than inequality is the degree to which the economy can produce rising wages for all.

Innovation and Government

‘The Entrepreneurial State’ by Mariana Mazzucato

Obama’s Toughest Job

The jobs situation in the United States is not merely a concern. It is a crisis. By making jobs the centerpiece of the speech, President Obama gave one of his best, most politically adroit State of the Union addresses.

America’s Jobless Generation

Our current employment crisis has less to do with technology or globalization than with the administration’s failure to adopt policies to support young workers.

Deficit Mania

The sequester is dangerous, but not for the reasons we think. The sequester will not plunder the economy in 2013. Fueled by deficit-cutting mania, its damage will be long term, if less obvious.