We know that advanced economies with stable governments that borrow in their own currency are capable of running up very high levels of debt without crisis.

Outrageous fiscal mendacity is neither historically normal nor bipartisan. It’s a modern Republican thing.

The problem with digital books is that you can always find what you are looking for but you need to go to a bookstore to find what you weren't looking for.

Social Security is a social insurance program - it is not designed to be the same thing as a 401(k).

It’s not about the budget; it’s about the power...So will the attack on unions succeed? I don’t know. But anyone who cares about retaining government of the people by the people should hope that it doesn’t.

Europe is often held up as a cautionary tale, a demonstration that if you try to make the economy less brutal, to take better care of your fellow citizens when they're down on their luck, you end up killing economic progress. But what European experience actually demonstrates is the opposite: social justice and progress can go hand in hand.

People respond to incentives. If unemployment becomes more attractive because of the unemployment benefit, some unemployed workers may no longer try to find a job or may not try to find one as quickly as they would without the benefit.