Latest from Steven Pearlstein
When it comes to the racial wealth gap, the Fed has a lot to answer for — not in its conduct of monetary policy, but in presiding over a radical deregulation that wiped out thousands of community banks, reducing the flow of credit to Black people and other people of color.
  • Aug 13, 2020
Google’s purchase of You Tube and Waze, Facebook’s purchase of What’s App and Instagram, Amazon’s purchase of Zappos and Ring — all of these were given the green light by the Justice Department and the Federal Trade Commission.
  • Jul 30, 2020
The markets discounted the coronavirus pandemic and recession, and investors look set to shrug off the prospect of a Democratic sweep in November — even though that could bring a reversal of Trump's corporate tax cuts and deregulation.
  • Jul 23, 2020
Obamacare for All, National Service -- these are ideas from the radical center that could help revive America's broken politics
  • Jul 1, 2020
The Federal Reserve seems to feel it needs the support of markets as much as the markets need the Fed.
  • Jun 17, 2020
After the coronavirus pandemic, we will still fly, shop in stores and go to concerts. It’s other things that will change.
  • May 28, 2020
Zachary Carter’s biography offers a rich portrait of the economist and his enduring ideas.
  • May 22, 2020
With the Federal Reserve backstopping risky corporate debt, the U.S. economy has made itself thoroughly addicted to cheap credit and government rescues.
  • Apr 30, 2020