stLouISTTreasury Foresaw the Synapse Collapse Two Years Ago
An agency report detailed how fintech ‘neobanks’ could fall into the regulatory cracks. Nobody managed to patch them up, and now depositors can’t retrieve their own money.
Prospect
The Independent Media Hustle
How Josh Marshall has sustained Talking Points Memo amid the wreckage of modern journalism
Economic Punditry and the ‘Hot Dog Guy’ Problem
Why centrist opinion columnists have no one to blame but themselves for public misconceptions about the economy
Teachers in the South Go Union
Today on TAP: It’s not just autoworkers who are unionizing in the non-union South. In Virginia, schoolteachers are successfully organizing, too.
How an ‘Algorithm’ Turned Apartment Pools Green
RealPage, the rent-fixing software company currently under FBI investigation, also has apps for bogus fees, monetizing vacant apartments and inflating toxic property bubbles.
The Yellen Undertow
How the Treasury Department resists Biden priorities
Former DCCC Leaders Working to Defeat Incumbent House Democrats
Four former executive directors of the organization that elects House Democrats work for firms that are being paid to defeat House Democrats in primary races.
The Roadblock
Tom Tomorrow brings you This Modern World
Republican Hit Job on the FDIC Backfires
Today on TAP: The successor to the ousted chair, Martin Gruenberg, is likely to be an even tougher regulator.
Democrats and the Euroleft
How do the Dems stack up compared to U.K. Labour, the German Social Democrats, and the multiparty French left?
Elon Musk and the Decline of Tesla
The megalomaniac CEO extracted $48 billion from his shareholders. But the company’s future does not look good.
‘Mississippi Justice,’ American Shame
We still need federal intervention to drag some jurisdictions out of Jim Crow–era policing.
The Right-Wing Recruitment Pipeline II
David Walsh explains how the conservative movement came to to be.
The Prospect Weekly Roundup: The Underbelly of the Grocery Store
Nothing you see on the shelves is there by accident.
The French Left Arises From the Dead
Today on TAP: A surprising result of President Macron’s impulsive decision to call a snap election
Taming the Pricing Beast
The government has a variety of strategies to protect the public from price-gouging and information advantages over the consumer.
Lina Khan: Extraction Exterminator
The Federal Trade Commission chair plays a key role in preventing exploitative pricing schemes from taking root.
The Speech FDR Would Give
As economic royalists ally with Trump, we have already seen an example of a rhetorical counter that tells it like it is.
The Supreme Court’s Blocking Strategy
America’s top legal authority is doing all it can to prevent Donald Trump from standing trial before the election.
Imagining the Good Life
A series of essays makes the case that breaking free from neoliberalism must present a clear vision to fulfill Americans’ psychic longing for community, stability, and control.