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Chartbook #187: MLK's economic radicalism & the strange birth of the Fed's dual mandate

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Chartbook #187: MLK's economic radicalism …

Adam Tooze
Jan 20
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Chartbook #187: MLK's economic radicalism & the strange birth of the Fed's dual mandate

adamtooze.substack.com

In the last ten years, the familiar boundaries of the political debate on the US have been challenged by a convergence of arguments about racial justice, economics and inequality. This conjunction in its contemporary form dates back to the early 2010s when the ferment in economic debates in the aftermath of 2008 and the differential impact of that crisis on black and latino households, coincided with the election of Barack Obama, the Occupy movement, which spawned the 1 percent v. 99 percent discourse, the upsurge in interest in inequality supercharged by the success of Thomas Piketty’s book and the eruption of Black Lives Matter in July 2013.

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