The invaluable Thomas Edsall reports in his New York Times blog on a paper by an MIT economist, co-written with a Harvard political scientist and a French economist, that claims America can’t adopt more egalitarian social policies because it’s our “cut-throat capitalism” that allows countries like Sweden to have their “cuddly capitalism.” The idea is…
Rahm Emanuel is leaving, David Axelrod might be on his way out, Larry Summers will be gone by the fall, and Peter Orszag has already moved on. Are there any Jews left in the White House? The latest wave of departures of senior White House advisers seems to have taken its toll on the Jewish…
Peter Orszag, the White House budget director, has been touting President Obama’s proposed 2010 budget as a plan that would set America on a path to economic recovery. Meanwhile, Rep. Eric Cantor (R-Va.) has been deriding the proposal as attempt to “redistribute wealth,” a plan that would create neither wealth nor jobs. So when it…
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