Why Neoliberalism Is Finally on the Way Out
Brad DeLong knows a thing or two about the US economy. As one of the world’s leading macroeconomists, a former Treasury Department deputy assistant secretary, and author of the new book Slouching Towards Utopia: An Economic History of the Twentieth Century, DeLong is an expert on both the history and theory of neoliberalism.
And he’s as surprised as anyone that it came to power so completely, and that it’s lasted this long.
“In my heart of hearts, I still cannot believe that the New Deal order collapsed as rapidly as it did in the 1970s,” DeLong says.
On a new episode of How to Save a Country, DeLong and hosts Felicia Wong and Michael Tomasky dig into what came next, and Tomasky comes out of host mode to talk about his new book The Middle Out: The Rise of Progressive Economics and a Return to Shared Prosperity.
For more How to Save a Country, catch up on Wong and Tomasky’s conversation with Rep. Hakeem Jeffries, who just announced his bid to succeed Speaker Nancy Pelosi as House Democratic leader.
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