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Big Government Is Back. Is the Civil Service Ready?

Government Executive email Big Government Is Back. Is the Civil Service Ready? The administration must seriously consider whether the civil service is equipped to effectively implement Biden’s vision. A new book offers guidance. During my 40 plus years in Washington, I have seen the pendulum swing from “big government” to “small government” and back again many times. Big government in. Big government out. Privatization in. Privatization out. Contracting out in. Contracting out out.  With the progressive Biden presidency, an era of big government seems to be returning. The $1.9 trillion American Rescue Plan has passed. A $2 trillion American Jobs Plan is now being negotiated on Capitol Hill. A $300 billion (or more) American Families Plan has been unveiled. In her new book,

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The Coming Revolution in the American Economy

In the Biden era, the Reaganite consensus is finally breaking down. Illustration by Tim Lahan In a 1981 speech to the boards of the World Bank and International Monetary Fund, President Ronald Reagan expressed one of the central ideas of the coming era. “The societies which have achieved the most spectacular, broad-based economic progress … believe in the magic of the marketplace.” I have long thought that this and many other Reagan speeches were extraordinary examples of what Michael Sandel has called public philosophy an attempt “to bring moral and political philosophy to bear on contemporary public discourse.” Antitrust: Taking on Monopoly Power From the Gilded Age to the Digital Age

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Evolving Finance, Money and Markets

Evolving Finance, Money and Markets Evolving Finance, Money and Markets © 2021 Hazel Henderson Today’s global casino is now experiencing yet another step change, as central banks shift their focus from austerity and debt to stimulus to cope with pandemics and climate crises and fending off Facebook‘s competitive “Libra” and other cryptos. As the rules change in finance and money, they are also changing in markets, as they adapt to ecological limits, consumer pressures, and shareholders’ changing values. Key public intellectuals have emerged who are facing down all the old verities in textbook economics and over-averaged macroeconomic statistics and models, including GDP, still driving societies into unsustainable paths. These pioneer thinkers are re-shaping policies and challenging incumbent, fossilized corporations which, since the 19th and 20th centuries have dominated politics in many countries and steered the narrow forms of globalization that have led to today’s

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CSRWire - Evolving Finance, Money and Markets

Evolving Finance, Money and Markets Published 2 hours ago © 2021 Hazel Henderson Today’s global casino is now experiencing yet another step change, as central banks shift their focus from austerity and debt to stimulus to cope with pandemics and climate crises and fending off Facebook‘s competitive “Libra” and other cryptos. As the rules change in finance and money, they are also changing in markets, as they adapt to ecological limits, consumer pressures, and shareholders’ changing values. Key public intellectuals have emerged who are facing down all the old verities in textbook economics and over-averaged macroeconomic statistics and models, including GDP, still driving societies into unsustainable paths. These pioneer thinkers are re-shaping policies and challenging incumbent, fossilized corporations which, since the 19th and 20th centuries have dominated politics in many countries and steered the narrow forms of globalization that have led to today’s widespread pol

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Build back the state

The development of Covid-19 vaccines in less than a year was clearly a major achievement. But the rollout has been far from perfect. In the United States, Operation Warp Speed met its manufacturing targets but stumbled in coordinating initial shipments. The plan neither prioritised vaccine recipients according to need, nor did it go far enough to address racial inequality in the distribution. Clearly, creating safe and effective vaccines and creating equitable vaccination programmes are two different things. States’ Mission-oriented innovation agencies, especially the Defense Advanced Research Projects Agency (DARPA) and the Biomedical Advanced Research and Development Authority (BARDA), have proven to be critical in seeding the development of the cutting-edge mRNA vaccines. But is the technological mission of Warp Speed linked to the health mission of delivering a “People’s Vaccine”?

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