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Marketcraft

Chris Hughes

Weekly thoughts on how we can harness the power of markets for the common good.

Platform
Substack
PricingOnly free issuesPublishesWeekly
Issues27SubscribersRead chrishughes.substack.com

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Latest Issues

Recent posts by this newsletter. Browse the email archive.

The Price of the Floor

For most of the past century, Congress refused to let the Federal Reserve pay interest to banks on their reserve balances. Legislators from both parties called it a handout to financial interests. In 1977, Senator William Proxmire, chair of...

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Could the Supreme Court Carve Up the Federal Reserve?

Tomorrow, the Supreme Court will hear arguments over whether President Trump can fire Federal Reserve Governor Lisa Cook. The case follows a related one, argued in December, testing whether Congress can shield agency leaders from removal at...

2 months ago
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Latest in FP: America's War Chest in Waiting

The abduction of a foreign head of state could be considered an act of war. In Washington, it became an opening bid. After the dramatic kidnapping of Venezuelan President Nicolás Maduro, U.S. President Donald Trump and his administration ma...

2 months ago
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How to think about Trump Economic Policy

It pains me to say it aloud, but many of us on the left see the Trump administration occasionally employing useful tools to pursue its economic policy. The government’s “golden share” in Nippon Steel is likely good for workers. It’s better ...

4 months ago
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Authors

The writers behind this newsletter.

  • Chris Hughes

    Author, Marketcrafters: The 100-Year Struggle to Shape the American Economy and Chair, Economic Security Project.

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