Tax breaks don’t trickle down

Trickle-down economics suggests that tax cuts for wealthy citizens energize ailing economies, as recipients of the cuts use their windfalls to hire workers. And conventional wisdom among policy makers and economists contends that the main beneficiaries of corporate tax breaks are workers, who see wages increase. 

But some research suggests that if you want to create jobs, it’s better to cut taxes for the bottom 90 … [ Read more ]

The Unraveling of America

Anthropologist Wade Davis on how COVID-19 signals the end of the American era.

Immunology Is Where Intuition Goes to Die

The thing is, the immune system is very complicated. Arguably the most complex part of the human body outside the brain, it’s an absurdly intricate network of cells and molecules that protect us from dangerous viruses and other microbes. These components summon, amplify, rile, calm, and transform one another: Picture a thousand Rube Goldberg machines, some of which are aggressively smashing things to pieces. Now … [ Read more ]

The Antidote to Prejudice: Walter Lippmann on Overriding the Mind’s Propensity for Preconceptions

Each thing we preconceive blinds us to what actually is — a tendency that, when it rises to the level of social perception in the form of stereotypes, metastasizes into a status quo that makes the powerful all the more powerful and the power-poor all the poorer.

Drawing on the pioneering psychologist William James […] Lippmann writes:

For the most part we do not first

[ Read more ]

“Socialism” vs. “capitalism” is a false dichotomy

We need go-go capitalism to afford a generous welfare state, and people won’t support go-go capitalism without a safety net. “Socialists” and Republicans forget different parts of this lesson.

How Trump Kills the G.O.P.

The Republican Party has changed since 2005. It has become the vehicle for white identity politics. In 2005 only six percent of Republicans felt that whites faced “a great deal” of discrimination, the same number of Democrats who felt this. By 2016, the percentage of Republicans who felt this had tripled.

Recent surveys suggest that roughly 47 percent of Republicans are what you might call conservative … [ Read more ]

Why We Hurt Each Other: Tolstoy’s Letters to Gandhi on Love, Violence, and the Truth of the Human Spirit

In 1908, Indian revolutionary Taraknath Das wrote to Leo Tolstoy, by then one of the most famous public figures in the world, asking for the author’s support in India’s independence from British colonial rule. On December 14, Tolstoy, who had spent the last twenty years seeking the answers to life’s greatest moral questions, was moved to reply in a long letter, which Das published in … [ Read more ]

Unlearning the Myth of American Innocence

When she was 30, Suzy Hansen left the US for Istanbul – and began to realize that Americans will never understand their own country until they see it as the rest of the world does.