Let me put it very forcefully: No large economy has ever recovered from an economic downturn through austerity. It's not going to happen in the United States, and it's not going to happen in Europe.
Americans like to say we're fighting for democracy, and yet young Americans have come to the view that democracy doesn't deliver.
When you don't have equality of opportunity because you don't have equal access to education, it just seems so outrageous. It weakens our economy and leads to more inequality.
Tax policy should reflect a country's values and address its problems.
Trump has been criticized by mainstream Republicans for not really being one of them. But he is definitely one of them when it comes to the central palliative for any ill befalling the country: a tax cut for the rich.
Regulatory reform must move beyond limiting the damage that the financial sector can do and ensure that the sector genuinely serves society.