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Prospect Weekend Reads
Week of March 6th
Stories from the week you don't want to miss!
JEFF CHIU/AP PHOTO
The Federal Deposit Insurance Corporation is seizing the assets of
Silicon Valley Bank, marking the largest bank failure since Washington
Mutual during the height of the 2008 financial crisis.
The Fed-Induced Bank Wobble
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Silicon Valley Bank's collapse stemmed from the Fed's rapid pivot on
interest rates. As David Dayen describes, wealthy investors and tech
execs are already calling for a bailout.
Big Consulting's New Con
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In their new book The Big Con: How the Consulting Industry Weakens Our
Businesses, Infantilizes Our Governments, and Warps Our Economies,
Mariana Mazzucato and Rosie Collington argue the consulting industry's
ESG rhetoric only hinders the government's ability to solve societal
problems. Adam M. Lowenstein reviews the book for the Prospect.
The Kamala Conundrum
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Could Kamala Harris convince voters she can step up to the presidency if
necessary? Harold Meyerson weighs in on the pros and cons of keeping her
on the 2024 ticket.
Exit Yemen Now to Assist a Fragile Peace
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Saudi-Houthi talks continue, the U.S. must not only stop lending
military support to the war, but significantly increase humanitarian
aid. Read Annelle Sheline on the small window the Biden administration
has to address the atrocities committed against Yemen.
Do Generations Matter?
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Introducing our newest original podcast, Prospect: Generations. In the
first episode, Paul Starr and Lee Harris debate whether and how
generations matter in politics and culture.
READ MORE OF OUR LATEST HERE <[link removed]>
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