The first lesson to be learned from this earlier era is that a large middle class requires an economy that generates a broad base of jobs paying middle-class wages. The New Dealers were not opposed to "rigging" the labor and financial markets to achieve this result. New Deal progressives believed the economy should exist to serve society, not the other way around, and that the government has a duty to shape the economy to meet middle-class aspirations.  read more »

Growing appeals for more public infrastructure investment make two critical claims: that this would help stimulate the economy in the short run while making our country more productive over the long run. Unlike tax rebates and other short-term stimulus, a major infrastructure investment program can have powerful effects on community life beyond boosting spending at the local Wal-Mart.  read more »

Almost completely ignored in the press this year has been the 75th anniversary of the New Deal. Social Security, public housing, school lunches, deposit insurance, labor relations standards and banking regulations are among its many enduring legacies. On this anniversary, it is worth looking at the public works programs that constructed roads and buildings that still exist in every county in America.  read more »

One of the greatest ironies of our time is the fact that today’s leading progressives tend to despise the very decentralized landscape that an earlier generation of New Deal liberals created.  read more »

In recent months, one has not been able to open a newspaper without being reminded of the havoc that is being wreaked on the U.S. economy. The subprime mortgage debacle coupled with skyrocketing energy prices have caused many middle class Americans to lose confidence in taking out home loans and putting a screeching halt to consumer spending.  read more »

Mayor Bloomberg needs to prepare the city for the crash of the Wall Street gravy train.  read more »

I have been attacked as a defender of ‘sprawl’ although I consider myself a man of the left, with a political-economy philosophy that is ‘social democratic – far to the left of the contemporary Democratic party. I view global warming as very serious, but consider continuing global warfare over resources, land and religion, and increasing national and global economic and political inequality as even more critical.  read more »

There is reason to think again about the now-current idea of dispersing the population of poor folks in the Skid Row district of downtown Los Angeles and similar precincts in other cities across the U.S.

There’s cause to pause over notions such as mixing “affordable housing” that’s priced in the range of working-class or poor folks alongside spiffy market-rate units.  read more »

How high urban housing costs and income inequality have exacerbated urban poverty

A few years ago, on a drive from New York to Washington, I turned off I-95 in Baltimore to see H.L. Mencken’s home. Abandoned row houses lined the street, some boarded up with plywood, others simply gutted. Signs offering fast cash for houses and a number to call for unwanted cars outnumbered pedestrians. It was a landscape of rot and neglect with few signs of renewal and investment.  read more »

What Dayton can tell cities about staying competitive in the global economy  read more »