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Recession

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The World Economy Is Stagnating Like It’s 1937

Economists at Morgan Stanley warn that policymakers are repeating the mistakes of the late-'30s, when a tightening of fiscal and monetary policy produced a double-dip recession.

By Eric Levitz

Were We Inevitably Screwed?

How could we have avoided economic disaster? Perhaps through the Keynesian stylings of President John McCain.

By Jonathan Chait

Can Obama Be a Nerd Populist?

Obama is attempting to exploit a cleavage between intellectual elites and financial elites.

By Jonathan Chait