Produced by ‘The Ezra Klein Show’
President Biden’s financial coverage isn’t what you’d have anticipated from his lengthy profession. That’s true within the laws he’s backing, which is greater and bolder than something we’ve seen from him earlier than, but it surely’s even more true within the appointments he’s making and the theories he’s embracing. On every little thing from antitrust to inflation to employment to energy, Biden is reflecting a brand new pressure of progressive economics ideas — one that wishes to direct markets, not simply appropriate them.
Felicia Wong is the chief govt of the Roosevelt Institute, one of many assume tanks that’s been central to constructing the brand new progressive economics that Biden has picked up. She joined me for a dialog on Biden’s idea of the financial system, how antitrust pondering has modified, whether or not Jerome Powell needs to be reappointed chair of the Federal Reserve, whether or not progressives must reckon with Amazon’s wild reputation, what sort of inflation drawback we now have and way more.
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(A full transcript of the episode will likely be accessible noon on the Times web site.)
Credit…The New York Times
“The Ezra Klein Show” is produced by Annie Galvin, Jeff Geld and Rogé Karma; fact-checking by Michelle Harris; unique music by Isaac Jones; mixing by Jeff Geld; viewers technique by Shannon Busta. Special due to Kristin Lin.