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The Latest Articles by Robert Reich

To prevent more bank runs, the Fed should pause rate hikes

Inflation is receding, albeit slowly, so there’s no reason to risk more financial tumult. Will the central bank see it that way?

The Guardian - US

US banks want socialism for themselves - and capitalism for everyone else

When banks like Silicon Valley Bank collapse, money floods to bigger ones like JPMorgan. Clients know they’re ‘too big to fail’

The Guardian - US

There’s a deeper story to Silicon Valley Bank’s failure. What can we learn from it?

Financial deregulation led to the crash in 2008 and it could again in 2023. It’s time to make banking boring again

The Guardian - US

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Republicans are threatening to default on the US national debt. Don’t believe them

Here’s a dirty secret: both Republicans’ debt hysteria and Biden’s proposed tax hikes are pure theater. Neither will happen

The Guardian - US

The US central bank is poised to cause untold hardship to millions of Americans

The Federal Reserve chairman has admitted that at least 2 million people could lose their jobs if interest rates keep rising

The Guardian - US

Is the US government ready for the rise of artificial intelligence?

AI could benefit society, but it could also become a monster. To guide the way, we need leadership and understanding

The Guardian - US

Joe Biden has steadied the nation – why don’t his polling numbers reflect this?

Biden’s State of the Union address is a reminder of how good a president he has been, but majorities believe he has made no progress

The Guardian - US

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Biden has revived democratic capitalism – and changed the economic paradigm

The president’s domestic successes offer a rebuke to disciples of Reagan: the ‘free market’ has never existed

The Guardian - US

Republicans aren’t going to tell Americans the real cause of our $31.4tn debt

The rich used to pay taxes. Now they loan money to the US government – at a profit that everyone else pays for

The Guardian - US

Is Joe Biden a viable candidate for 2024?

The discussion about Biden’s re-election conflates five different questions. Let’s look at them one by one

The Guardian - US

There is no US labor shortage. That’s a myth

There is, however, a shortage of jobs paying sufficient wages to attract workers to fill job openings

The Guardian - US

The FTC is back to being the activist US agency progressives sought in 1914

Last week, under its Biden-appointed chair, the Federal Trade Commission proposed a new rule banning non-compete agreements – and it’s a big deal

The Guardian - US

House Democrats should unite with moderate Republicans to elect a speaker

In exchange for backing a relatively moderate Republican such as Fred Upton or David Joyce as speaker, Democrats should demand they get equal seats on committees

The Guardian - US

Republicans fight over speaker of the House – but whoever wins, the party loses

The Republican party has collapsed under its own contradictions, competing impulses and fear of the base

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It’s hard to believe, but things are getting better. They will continue to if we keep up the fight

Setbacks notwithstanding, we are better today than we were 50 years ago, 20 years ago, even a year ago

The Guardian - US

Is Trump finally politically dead? Sort of

Republican lawmakers know Trump is unpopular – but some feverishly pro-Trump voters have the party in a bind

The Guardian - US

The media are rife with hidden agendas. That’s why I choose the Guardian

A great deal of the media are concentrated in the hands of too few people, who are often too attuned to what their corporate owners or political benefactors would like emphasized

The Guardian - US

The Fed needs to stop raising interest rates

Interest rate hikes mean that workers and consumers take the hit. Here are other tools to address inflation

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US immigration laws should be enforced with discretion. That’s common sense

Biden ordered officials to focus on deporting immigrants convicted of felonies, rather than undocumented people en masse. I applaud that decision

The Guardian - US

The Georgia Senate runoff is a referendum on Trump’s zombie grasp on America

The biggest loser in a Raphael Warnock victory won’t be his Republican rival, Herschel Walker. It will be Donald Trump

The Guardian - US

Elon Musk went on a firing frenzy at Twitter. Now he’s paying for it

Where employees are a corporation’s key assets, workers’ greater power comes in threatening to walk out the door

The Guardian - US

Democrats have retained the US Senate. American voters have opted for stability

After years of tempest and tumult, most of us want a competent government that acts reasonably and carefully

The Guardian - US

America is still on the brink of Trumpism fueling hate, paranoia and violence

So many Americans feel bullied by the system today that they’re easy prey for Trumpism

The Guardian - US

‘No Republican blowout’: our panel reacts to the initial US midterm results

While much remains unclear about Tuesday’s elections, we know that Democrats did much better than expected

The Guardian - US

Trump and Elon Musk are dangerous narcissists tailored to 2022 America

We’re better off when people like them cannot gain such untrammeled wealth and influence. Our politics is the worst for it

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