David Wise

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    The Fed’s addiction to cheap money benefits Wall Street while fueling inequality  

The Fed’s addiction to cheap money benefits Wall Street while fueling inequality  

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Since the Great Financial Crisis of 2008, the US Federal Reserve and other Central Banks have kept interest rates low, with the stated purpose of promoting economic recovery. But, writes, David W. Wise, rather than boosting the real economy, these low interest rate policies have artificially inflated financial markets and driven inequality through soaring asset prices.
The job of the Federal Reserve is to take away the punch […]

January 28th, 2021|David Wise, Economy|0 Comments|
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    Obama’s legacy is as a disappointingly conventional president

Obama’s legacy is as a disappointingly conventional president

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More than a decade on from his historic election victory to become the first African American president, to many, in light of President Trump’s election, Barack Obama is the epitome of what a president should be. David Wise writes that despite the 44th president’s electoral successes, President Obama stumbled in areas many Progressives hold dear, such as continuing drone […]

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    Why the 2020 Democratic nomination may come down to a contest between Kamala Harris and Amy Klobuchar

Why the 2020 Democratic nomination may come down to a contest between Kamala Harris and Amy Klobuchar

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In his second article on the 2020 Democratic presidential primary, David Wise outlines, based on history and recent party dynamics, how the contest may unfold. He writes that given the party’s seeming desire for a younger more diverse candidate, California Senator Kamala Harris is likely to be the candidate of the Establishment wing. Harris, he writes, in turn may […]

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    How the dozens of likely candidates in the 2020 Democratic Presidential Primary will be winnowed down to one.  

How the dozens of likely candidates in the 2020 Democratic Presidential Primary will be winnowed down to one.  

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 Almost a year before any primary or caucuses take place, there are dozens of potential candidates for the Democrats’ 2020 presidential nomination. In his first of two articles focusing on the Democratic contest, David Wise sorts through the potential contenders, classifying them as Establishment, Progressive or Midland candidates. He argues that changes to the primary process mean that we […]

  • Permalink President Donald J. Trump signs an EO on Iran Sanctions in the Green Room at Trump National Golf Club Sunday, August 5, 2018, in Bedminster Township, New Jersey.  (Official White House Photo by Shealah Craighead)Gallery

    Why a Trump self-pardon could leave him in the worst of all worlds

Why a Trump self-pardon could leave him in the worst of all worlds

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Continued links between Donald Trump and his former campaign manager (and now convicted felon) Paul Manafort have raised the possibility that Manafort may be holding out for a presidential pardon. But can a president pardon anyone for anything, and can they even pardon themselves? Looking to history, David Wise writes that the president’s power to pardon could be challenged […]

How Donald Trump is helping to make China great again

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Throughout the 2016 election campaign, the now President Trump made it plain that China was one of the US’ main competitors on the world stage. But what if Trump’s policies of economic nationalism and retrenchment may be actually helping China? David W. Wise argues that while the Obama administration sought to counterbalance the rise of China, US withdrawal from […]

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    Charleston is a microcosm of how the history of slavery intertwines with the history of America.

Charleston is a microcosm of how the history of slavery intertwines with the history of America.

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On June 17th, nine African-American members of a Bible study class in the Emanuel African Methodist Episcopal church in Charleston, South Carolina were shot dead by an alleged white supremacist. David Wise charts the links between one of the victims, Pastor Clementa Pinckney, and the revolutionary era slave-owner Charles Cotesworth Pinckney, who helped write the Constitution’s Fugitive Slave Clause, which […]

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    In measures of economic strength, social cohesion, and fiscal position, blue and purple states are generally outperforming red states.

In measures of economic strength, social cohesion, and fiscal position, blue and purple states are generally outperforming red states.

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In recent decades, U.S. states have embraced a number of different economic and social policies, depending on which party – Republican or Democratic – controls the government.  David Wise examines the effectiveness of states’ differing approaches to policy by comparing their ranking across two dozen indices. He finds that due to higher levels of investment and fewer ‘culture war’ […]

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    The Cuba embargo: a history of interest group influence and tantalizing “what ifs?”

The Cuba embargo: a history of interest group influence and tantalizing “what ifs?”

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This month saw the first steps towards the normalization of relations between the US and Cuba after a year and a half of secret negotiations. But how has the embargo persisted for so long, and were any opportunities to speed its end missed? David W. Wise writes that the embargo has remained in place due to the influence of […]

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