Inflation Didn’t Have to Doom Biden
Economist Isabella Weber explains in a long-form interview where the inflation surge came from and how the Biden administration struggled to take necessary measures to combat it.
4 Articles by: Isabella Weber
Isabella Weber is the author of How China Escaped Shock Therapy and assistant professor of economics at the University of Massachusetts Amherst.
China’s Economy Dodged Neoliberal Shock Therapy — and Boomed
In the 1980s, as China sought to introduce markets into its economy, an internal debate roiled over whether to liberalize prices gradually or all at once. It rejected the free-market shock therapy option, and challenged neoliberal orthodoxy in the process.
How China Avoided a Soviet-Style Collapse
What have three decades of market reforms meant for the world’s largest working class?
China Is Not the Enemy — Neoliberalism Is
China’s united response to COVID-19 is often painted as a reflection of authoritarian “Asian values.” But the collective mobilization relied on real public support — a temporary social truce that today threatens to fracture.