This Isnt Your Grandpas Joe Biden

Published: Sept. 3, 2021, 9 a.m.

b'President Biden\\u2019s economic policy isn\\u2019t what you would have expected from his long career. That\\u2019s true in the legislation he\\u2019s backing, which is bigger and bolder than anything we\\u2019ve seen from him before, but it\\u2019s even truer in the appointments he\\u2019s making and the theories he\\u2019s embracing. On everything from antitrust to inflation to employment to power, Biden is reflecting a new strain of progressive economics thoughts \\u2014 one that wants to direct markets, not just correct them.\\n\\nFelicia Wong is the chief executive of the Roosevelt Institute, one of the think tanks that\\u2019s been central to building the new progressive economics that Biden has picked up. She joined me for a conversation on Biden\\u2019s theory of the economy, how antitrust thinking has changed, whether Jerome Powell should be reappointed chair of the Federal Reserve, whether progressives need to reckon with Amazon\\u2019s wild popularity, what kind of inflation problem we have and much more.\\n\\nMentioned: \\n\\n\\u201cSocialists Will Never Understand Elizabeth Warren\\u201d by Henry Farrell\\n\\nBook recommendations: \\n\\nUndoing the Demos by Wendy Brown\\n\\nThe End of the Myth by Greg Grandin\\n\\nDifference without Domination by Danielle Allen and Rohini Somanathan\\n\\nYou can find transcripts (posted midday) and more episodes of "The Ezra Klein Show" at nytimes.com/ezra-klein-podcast, and you can find Ezra on Twitter @ezraklein. Book recommendations from all our guests are listed at https://www.nytimes.com/article/ezra-klein-show-book-recs.\\n\\nThoughts? Guest suggestions? Email us at ezrakleinshow@nytimes.com.\\n\\n\\u201cThe Ezra Klein Show\\u201d is produced by Annie Galvin, Jeff Geld and Rog\\xe9 Karma; fact-checking by Michelle Harris; original music by Isaac Jones; mixing by Jeff Geld, audience strategy by Shannon Busta. Special thanks to Kristin Lin.'