Bernie Sanders: What the Economists are Fighting About

Economists have gotten into a big fight with each other about the potential economic impacts of Bernie Sanders’ proposals. First Gerald Friedman came out with a new paper anticipating a tremendous improvement in economic performance under Sanders. Then four economists (Krueger, Goolsbee, Romer, and Tyson) affiliated with the Obama and Clinton administrations wrote a joint letter asserting that Friedman’s claims “cannot be supported by the economic evidence”. Paul Krugman subsequently took their side on his popular blog. Others have defended Friedman–Jamie Galbraith accuses the four of not having rigorously reviewed the paper, while Dean Baker claims that the New York Times is not giving Sanders’ side a platform and that there’s far more support among economists than we are being led to believe. In the popular press, this argument has rapidly devolved into a question of which authorities are more or less credible. I want to give you something better–a readable analysis of the actual arguments at stake here.

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Why Anti-Racism and Feminism Aren’t as Popular as They Should Be

Our society has serious issues with race and gender. In the United States, there is a huge race gap in median family wealth:

The gender pay gap isn’t as bad as it used to be, but there’s still work to be done:

To varying degrees similar gaps persist in most other rich countries. There are also all sorts of additional non-economic disparities as a result of race and gender norms. People associate different behaviors and attitudes with different races and genders, often unintentionally as a result of internalized norms and learned habits. These race and gender norms and expectations box people in and limit their individuality. These norms are forms of arbitrary and unjust prejudice and stereotyping. These things seem obviously oppressive and objectionable in principle. Yet when we survey people about their attitudes toward the political movements that exist to oppose these systems of oppression, we find a remarkable amount of hostility. During the Ferguson protests, 53% of American adults believed that most of the protesters were just criminals taking advantage of the situation while only 31% believed the protests resulted from legitimate outrage over the conditions there. When asked to choose between “Black Lives Matter” and the counter-slogan “All Lives Matter”, Americans go with the latter by an 11% to 78% margin. Only 27% of Americans think new laws are needed to address racial discrimination:

Only 20% of Americans consider themselves feminists (including 23% of women and 16% of men). Despite this, 82% say that men and women should be “social, political, and economic equals”. Given that this is the goal of the feminist movement, this cognitive dissonance is troubling. Why are so many people who agree in principle with the goals of the anti-racism and feminist movements declining to support these movements? I have a theory.

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How Obama Can Replace Scalia

Today Supreme Court Justice Antonin Scalia died unexpectedly in his sleep after participating in a quail hunt. I extend my sympathies to his family and to the conservative movement, which has lost one of its titans. Nevertheless, I am a political writer, and my role is to write about politics. So what are the political implications of Scalia’s death?

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Why Bernie Sanders is More Electable Than People Think

A few days ago, I wrote a popular post about the ideological differences between Bernie Sanders, the egalitarian committed to shrinking the financial sector and boosting consumption by raising wages, and Hillary Clinton, the neoliberal committed to protecting the interests of finance capital. I explained the history of the Democratic Party and how it came to be captured by neoliberalism–the same economic ideology espoused by Ronald Reagan and many of his successors in the Republican Party. Many people found that this clarified the differences between Bernie and Hillary for them. However some people expressed concern that even though they think Bernie’s ideology is more desirable, he may still nonetheless be unable to beat a republican in a general election. A republican victory would be awful for the left–even a neoliberal democrat is still noticeably to the left of a neoliberal republican, especially on issues like climate change or LGBT rights. However, I think there are good reasons to think that Bernie is at least as electable as Hillary, and possibly significantly more so.

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Hillary Clinton Isn’t Particularly Good for Feminism

In reply to my post from the other day about the differences in economic ideology between Bernie Sanders (the Keynesian egalitarian) and Hillary Clinton (the neoliberal), some are replying that Hillary is still worth supporting because a Hillary presidency would be an important victory for feminism. Indeed, there are prominent women accusing female Bernie supporters of being traitors to feminism. Madeleine Albright says that women who don’t support Hillary are “going to hell”. Gloria Steinem says that female Bernie supporters are doing it to chase boys (she has since apologized for that remark). Yet in some places, Bernie continues to enjoy the support of the majority of women under 45–winning as much as 64% of that demographic. These women are making the right choice. Hillary’s feminist credentials are much weaker than is popularly believed, and if elected there are strong reasons to think that she would do little for the feminist political cause.

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