John B. Judis

End The Honeymoon
February 13, 2009

Obama can't govern without an angry, energized left.

A Man for All Seasons
February 04, 2009

When the economy goes south, one name invariably surfaces on the lips of pundits and economists: John Maynard Keynes. That is because the twentieth century's greatest economist is generally associated with the idea that markets require government intervention in order to function properly. During boom times, when the market seems to be working, no one has any use for Keynes's skepticism toward unrestrained capitalism. But, during recessions--when the economy grinds to a halt and Washington suddenly looks like the only thing that can save it--Keynes invariably enjoys a revival.

Not Doing Enough
January 09, 2009

Why I worry that Obama doesn’t realize just how bad things are.

The Crisis Of '08 Reading List
December 24, 2008

Every few years, someone urges me to do a Christmas book list, and while protesting my ignorance and incompetence, I gladly comply. This year’s subject is the current global recession, which threatens to become a global depression. This is a layman’s list, because I am strictly a layman on the subject of economics. You don’t have to know anything about string theory to read any of the books I recommend. I learned most (or what little I know) of economics from reading on my own or from study groups we used to hold in the fading days of the new left.

Debt Man Walking
December 03, 2008

For those Americans who are not daily readers of the Financial Times, the past few months have been a crash course in the abstract and obscure instruments and arrangements that have derailed the nation's economy. From mortgage-backed securities to credit default swaps, the financial health of the country has undergone a gory public dissection.

Debt Man Walking
December 03, 2008

For those Americans who are not daily readers of the Financial Times, the past few months have been a crash course in the abstract and obscure instruments and arrangements that have derailed the nation's economy. From mortgage-backed securities to credit default swaps, the financial health of the country has undergone a gory public dissection.

Mistreating Depression
November 25, 2008

Barack Obama announced today that the chair of his Council of Economic Advisors will be Christina Romer, a professor at the University of California, Berkeley, and an expert on government fiscal and monetary policy. As Romer stood beside him at the press conference, Obama uncharacteristically stumbled over his words in introducing her. He seemed to be learning who she was as he spoke--and that may say more about the appointment than the actual words of praise he uttered. Obama has been criticized for excluding progressive Democrats from his administration. I think that’s nonsense.

America the Liberal
November 19, 2008

The Democratic majority: It emerged!

America the Liberal
November 05, 2008

Even before the final results showing a Democratic sweep were in, Washington's pundits were declaring that nothing had really changed politically in the country. In a cover story labeled "AMERICA THE CONSERVATIVE," Newsweek editor Jon Meacham warned that, "[s]hould Obama win, he will have to govern a nation that is more instinctively conservative than it is liberal." Meacham's judgment was echoed by Peter Wehner, a fellow at the Ethics and Public Policy Center.

Cabinet Making
November 04, 2008

If Barack Obama wins the presidency, I don’t know who he is going to put in his cabinet, but I have some recommendations for how he should go about choosing people. My assumption is that he will face unprecedented challenges (a downturn, a financial crisis, two wars) and opportunities (a large Democratic majority, discredited opposition in Congress and on K Street). At the same time, he can expect this opposition to do whatever it thinks is necessary to block his initiatives.

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