Nina Eichacker

Sep 23, 2024 | dissentmagazine.org | Nina Eichacker |J.W. Mason |Josh Bivens |Marcia Chatelain

Rebuilding the Democratic Coalition While some have argued that the Biden administration’s industrial policy offered too much to the private sector, these bills were designed to serve multiple constituencies. ▪ Fall 2024 Whatever you think about Joe Biden, the achievements of Bidenomics deserve celebration. The Biden administration bucked economic orthodoxy by boosting household income, which successfully lowered the child poverty rate, including for nonwhite households.

Sep 23, 2024 | dissentmagazine.org | Josh Bivens |J.W. Mason |Nina Eichacker |Justin Vassallo

Two Cheers for Pragmatism Bidenomics sought to solve big problems in a context of narrow congressional majorities. ▪ Fall 2024 The economic policy achievements of the Biden administration are not philosophically coherent enough to merit their own intellectual label. Instead, the successes are mostly the result of ad hoc opportunism. That’s not a criticism. The White House locked down policy wins in important areas when possible.

Nov 1, 2023 | tandfonline.com | Nina Eichacker

AbstractDuring financial and economic crises, government expenditure is a potential source of liquidity and replacement for private demand; this expenditure, in turn, generates more deposits and spending in the economy at large, potentially increasing the endogenous supply of money and overall liquidity in a given economy. Governments may also require liquidity support during crises, if bond market activity constrains access to funding.

Mar 8, 2023 | tandfonline.com | Nina Eichacker

ABSTRACTIn times of economic crisis, academics, policy-makers, and pundits often debate the correct level and best use of government debt. This paper argues structural political and economic factors grant core economies more fiscal space than peripheral economies.