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The Baseline Scenario

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Simon Johnson

The Baseline Scenario is dedicated to explaining some of the key issues in the global economy and developing c [Read More]

Categories: Economics | Finance/Investing

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Latest Posts:

Jump-Starting America
Can the United States grow faster, create more good jobs, and genuinely spread opportunity? Yes: by investing more in science and technology, by placing those investments strategically around the country, and by creating an Innovation Dividend - payi...
The Baseline Scenario
Thursday, April 4, 2019

Hey Democrats, the Problem Isn't Jobs and Growth
It's inequality. By James Kwak This American Life‘s forays into politics and economics are generally less satisfying than their ordinary storytelling fare. That's especially true when they try to answer some specific question, like "What is wrong wit...
The Baseline Scenario
Friday, February 2, 2018

Tax Rates and Entrepreneurship
By James Kwak My friend and co-founder Marcus Ryu wrote an op-ed in the Times today. Here's how it begins: The tax cut framework recently put forward by President Trump relies on a central claim: that reducing taxes on corporations … Continue reading...
The Baseline Scenario
Monday, October 9, 2017

A New Economic Vision, in 27 Words
By James Kwak A couple of weeks ago I posted a 6,000-word essay laying out a new economic vision for the Democratic Party. It kind of vanished into the ether, although Stephen Metcalf was kind enough to say this: Reupping. … Continue reading ?...
The Baseline Scenario
Wednesday, June 28, 2017

The Importance of Fairness: A New Economic Vision for the Democratic Party
By James Kwak A lot has been written recently about the direction of the Democratic Party. This is what I think. I have been a Democrat my entire life. Today, the Democratic Party matters more than ever because it is … Continue reading ?...
The Baseline Scenario
Thursday, June 15, 2017

Economism and Arbitration Clauses
By James Kwak As banking scandals go, Wells Fargo opening millions of new accounts for existing customers so that it could pump up its cross-selling metrics for investors is about as clear-cut as it gets. It's up there with HSBC … Continue reading ?...
The Baseline Scenario
Wednesday, May 31, 2017

How Markets Work
By James Kwak The Congressional Budget Office's assessment of the Republican health care plan, as passed in the House, is out. The bottom line is that many more people will lack health coverage than under current law—23 million by 2026—even though … ...
The Baseline Scenario
Thursday, May 25, 2017

Fees Add Up
By James Kwak Public pension funds are having a tough time. On the one hand, the average funding ratio (assets as a percentage of the present value of future obligations) is below 80% because of inadequate contributions by sponsors (states and … Cont...
The Baseline Scenario
Monday, May 22, 2017

Soak the Poor, Feed the Rich
By James Kwak After the dangerous clown show that has been the Trump White House, it's comforting to return to some good, old-fashioned conservative policymaking: bashing the poor to cut taxes on the rich. I'm talking, of course, about the … Continue...
The Baseline Scenario
Tuesday, March 7, 2017

Review Copies of Economism
By James Kwak If you teach introductory economics or introductory micro, at either the high school or university level, and you're interested in possibly using Economism in your class, let me know and I'll send you a (free) review copy. Just email … ...
The Baseline Scenario
Sunday, March 5, 2017

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