During COVID, corporations blamed supply chain shocks for rising prices while quietly raising prices higher than costs, thereby boosting their profits to record levels. We know they did this because they bragged about doing it on corporate earnings calls. Economist Hal Singer warns that Trump’s proposed tariffs could spark a repeat, giving corporations another “golden opportunity” to jack up prices under the guise of higher costs. He explains why tools like antitrust enforcement and interest rate hikes aren’t enough to stop price gouging—and why failing to curb greedflation could carry a steep political price.

Hal Singer is an economist, antitrust expert, and Managing Director at Econ One Research, where he specializes in competition policy, regulatory economics, and consumer protection. He’s a professor at the University of Utah and a leading voice on market power, price gouging, and the intersection of antitrust and inequality.

Social Media:

⁠@halsinger.bsky.social⁠

⁠@HalSinger⁠

Further reading: 

⁠Hal’s Twitter thread on the potential for companies to exploit Trump’s tariffs to raise prices higher than their costs. ⁠

Hal’s recent OpEd in The Sling: ⁠Progressives Need a New Toolkit to Fight Inflation⁠ 

⁠How Corporations “Get Away With Murder” to Inflate Prices on Rent, Food, and Electricity⁠

⁠How Trump Is Helping Price Gougers Exploit His Tariffs⁠

⁠President John F. Kennedy News Conference on April 11, 1962⁠

⁠Antitrust Policy for the Conservative⁠

Website: ⁠http://pitchforkeconomics.com⁠

Instagram: ⁠@pitchforkeconomics⁠

Threads: ⁠pitchforkeconomics⁠

Bluesky: ⁠@pitchforkeconomics.bsky.social⁠

Twitter: ⁠@PitchforkEcon⁠, ⁠@NickHanauer⁠, ⁠@civicaction⁠

YouTube: ⁠@pitchforkeconomics⁠

LinkedIn: ⁠Pitchfork Economics⁠

Substack: ⁠The Pitch

Decades of trickle-down thinking hollowed out our government—and now the anti-democracy crowd is finishing the job. This week, legal scholar and former Biden advisor K. Sabeel Rahman joins Nick and Goldy to talk about what happens when the rule of law becomes optional, what the Biden administration got right (and what it didn’t,) and why simply restoring the old system isn’t enough. If we want a real democracy—one that can stand up to corporate power and actually deliver for people—we need to stop playing by outdated rules and start constructing a government that's faster, fairer, and fit for the modern world.

K. Sabeel Rahman is a legal scholar, policy expert, and former senior advisor in the Biden administration, where he served as Associate Administrator at the Office of Information and Regulatory Affairs. A leading voice on democracy, governance, and economic justice, he is Demos's former president and a law professor at Cornell University.

Social Media:

⁠@ksabeelrahman.bsky.social⁠

⁠@ksabeelrahman⁠

Further reading: 

⁠Civic Power: Rebuilding American Democracy in an Era of Crisis⁠

Website: ⁠http://pitchforkeconomics.com⁠

Instagram: ⁠@pitchforkeconomics⁠

Threads: ⁠pitchforkeconomics⁠

Bluesky: ⁠@pitchforkeconomics.bsky.social⁠

Twitter: ⁠@PitchforkEcon⁠, ⁠@NickHanauer⁠, ⁠@civicaction⁠

YouTube: ⁠@pitchforkeconomics⁠

LinkedIn: ⁠Pitchfork Economics⁠ 

Substack: ⁠The Pitch⁠

This week, we’re revisiting a critical conversation we had back in 2020 with author and historian Nancy MacLean, in which she exposes how today’s threats to democracy were decades in the making. Based on her groundbreaking book Democracy in Chains, MacLean traces how Nobel Prize-winning economist James Buchanan worked with billionaire donors to rig the rules of government to expand corporate power and protect extreme wealth. From public choice theory to voter suppression, this episode reveals the coordinated strategy to undermine democracy—and explains why understanding it is essential to fighting back.

Nancy MacLean is an award-winning historian and the William H. Chafe Distinguished Professor of History and Public Policy at Duke University. Her book, Democracy in Chains: The Deep History of the Radical Right’s Stealth Plan for America was a National Book Award finalist and winner of the Los Angeles Times Book Prize.

⁠This episode originally aired on July 21, 2020⁠.

Social Media:

⁠@nancymaclean.bsky.social⁠

⁠@NancyMacLean5⁠

Further reading: 

⁠Democracy in Chains⁠

Website: ⁠http://pitchforkeconomics.com⁠

Instagram: ⁠@pitchforkeconomics⁠

Threads: ⁠pitchforkeconomics⁠

Bluesky: ⁠@pitchforkeconomics.bsky.social⁠

Twitter: ⁠@PitchforkEcon⁠, ⁠@NickHanauer⁠, ⁠@civicaction⁠

YouTube: ⁠@pitchforkeconomics⁠

LinkedIn: ⁠Pitchfork Economics⁠ 

Substack: ⁠The Pitch⁠

What does “abundance” actually mean—and who is it really for? In this episode, Goldy and Paul welcome back economic policy expert Mike Konczal to unpack the big new idea dominating political discourse: abundance. They dive into the buzz around Ezra Klein and Derek Thompson’s book “Abundance,” and Konczal’s sharp critique of its deregulatory leanings, missed opportunities, and neoliberal undertones. From housing policy to green energy to the myth that deregulation alone can fix America’s problems, this episode challenges the idea that more is always better, and asks what it would really take to build a future that’s abundant for everyone—not just the rich.

Mike Konczal is the Senior Director of Policy and Research at the Economic Security Project, where he oversees policy development, research, and strategic analysis to advance its ideas. Previously, he served as a Special Assistant to President Biden for Economic Policy and Chief Economist for the National Economic Council. 

Social Media:

@mtkonczal.bsky.social

@mtkonczal

Further reading: 

Democracy Journal - The Abundance Doctrine

Abundance By Ezra Klein & Derek Thompson 

Why Nothing Works: Who Killed Progress—and How to Bring It Back By Marc Dunkelman 

NBER Working Paper - Supply constraints do not explain house price and quantity growth across U.S. cities

Website: http://pitchforkeconomics.com

Instagram: @pitchforkeconomics

Threads: pitchforkeconomics

Bluesky: @pitchforkeconomics.bsky.social

Twitter: @PitchforkEcon, @NickHanauer, @civicaction

YouTube: @pitchforkeconomics

LinkedIn: Pitchfork Economics

Substack: The Pitch

Why does it feel like we can’t build anything anymore? In this episode, Nick and Goldy talk with author Mark Dunkelman about his new book Why Nothing Works, which examines how well-intentioned progressive reforms created a “vetocracy” that makes major public projects nearly impossible. From Seattle’s decades-long waterfront rebuild to the dysfunction of Penn Station, they explore the messy trade-offs between accountability and action—and ask what it would take to make progress possible again.

Marc Dunkelman is a fellow at Brown University’s Watson Institute for International and Public Affairs and a former fellow at NYU’s Marron Institute of Urban Management. During more than a decade working in politics, he worked for Democratic members of both the Senate and the House of Representatives and as a senior fellow at the Clinton Foundation.

Social Media:

@MarcDunkelman

Further reading: 

Why Nothing Works: Who Killed Progress—and How to Bring It Back

Website: http://pitchforkeconomics.com

Instagram: @pitchforkeconomics

Threads: pitchforkeconomics

Bluesky: @pitchforkeconomics.bsky.social

Twitter: @PitchforkEcon, @NickHanauer, @civicaction

YouTube: @pitchforkeconomics

LinkedIn: Pitchfork Economics

Substack: The Pitch

Timid tweaks won’t fix a broken economy. From Nick Hanauer’s blunt critique of Democratic incrementalism to a candid conversation with Representatives Ro Khanna, Delia Ramirez, and Jim Himes on how Democrats can reclaim working-class trust by embracing economic populism and fighting for real change, this episode brings you inside the 2025 Middle Out Economics conference, where the message was clear: Go big or get out of the way.

Moderator: Harold Meyerson, The American Prospect

Rep. Jim Himes, 4th congressional district, Connecticut

Rep. Ro Khanna, 17th congressional district, California

Rep. Delia Ramirez, 3rd congressional district, Illinois

Further reading: 

Measuring the Income Gap from 1975 to 2023

Adieu to Laissez-Faire Trade

Website: http://pitchforkeconomics.com

Instagram: @pitchforkeconomics

Threads: pitchforkeconomics

Bluesky: @pitchforkeconomics.bsky.social

Twitter: @PitchforkEcon, @NickHanauer, @civicaction

YouTube: @pitchforkeconomics

LinkedIn: Pitchfork Economics

Substack: The Pitch

Trickle-downers want you to believe that in America, freedom is a narrow idea—freedom from taxes, from regulation, from government itself. But what good is that kind of freedom if you can’t afford rent, see a doctor, or feed your family?

So, this week we’re revisiting one of our favorite conversations—our interview with economist Mark Paul about his book, The Ends of Freedom: Reclaiming America's Lost Promise of Economic Rights. In it, he challenges the myth of economic freedom and offers a bold alternative: a 21st-century Economic Bill of Rights. Drawing on the unfinished work of FDR and Martin Luther King Jr., Paul argues that true freedom means more than just being left alone—it means having access to the basic goods that make life possible: housing, healthcare, education, and a decent job. From the lasting damage of neoliberalism to a vision for a fairer, more humane economy, this conversation reframes what freedom really means—and what it will take to build an economy that works for everyone.

Mark Paul is an assistant professor at the Edward J. Bloustein School of Planning and Public Policy at Rutgers University and a member of the Rutgers Climate Institute. His work has been featured in publications such as The New York Times, The American Prospect, The Washington Post, and The Financial Times. In 2023, he published his first book, The Ends of Freedom: Reclaiming America’s Lost Promise of Economic Rights.

This episode originally aired on May 16, 2023.

Social Media:

@markpaulecon.bsky.social

Further reading: 

The Ends of Freedom

Website: http://pitchforkeconomics.com

Instagram: @pitchforkeconomics

Threads: pitchforkeconomics

Bluesky: @pitchforkeconomics.bsky.social

Twitter: @PitchforkEcon, @NickHanauer, @civicaction

YouTube: @pitchforkeconomics

LinkedIn: Pitchfork Economics

Substack: The Pitch

Twelve months ago, Democracy Journal announced we were entering the "Middle-Out Moment." A year later—after a brutal election and rising uncertainty—the question isn’t whether neoliberalism is over, but what comes next. In a new symposium titled “It’s Still the Post-Neoliberal Moment,” Democracy brings together leading voices to answer that question. In this episode, we hear directly from some of the smartest contemporary thinkers on how to dismantle corporate power, rebuild trust in government, center care as a public good, and make policy that actually reaches the people it's meant to serve. The stakes couldn’t be higher—and the decisions we make in this moment could mean the difference between widespread prosperity or a negative feedback loop that will be felt for generations to come.

Guests include: Nidhi Hegde, Charles Davidson, Shilpa Phadke & Shayna Strom, Harry Holzer, Mary Beth Maxwell, Bilal Baydoun, and Melissa Morales.

Further reading: 

The Middle-Out Moment Is Still Here - Nick Hanauer 

Anti-Monopoly Is the Path Forward - Nidhi Hegde

Financial Secrecy Is a Middle-Out Issue - Charles Davidson 

Do Not Abandon the Care Agenda - Shilpa Phadke & Shayna Strom

Taking the Spending-Inflation Problem Seriously - Harry Holzer

Time for People-Centered Policy - Mary Beth Maxwell 

Good Political Stories Need Heroes—and Villains - Bilal Baydoun

On the Need to Go Bigger - Melissa Morales 

Website: http://pitchforkeconomics.com

Instagram: @pitchforkeconomics

Threads: pitchforkeconomics

Bluesky: @pitchforkeconomics.bsky.social

Twitter: @PitchforkEcon, @NickHanauer, @civicaction

YouTube: @pitchforkeconomics

LinkedIn: Pitchfork Economics

Substack: The Pitch

For decades, unions were more than just labor organizations—they were community anchors that shaped working-class identity and political loyalty. But what happens when an entire generation loses its economic and social foundation? The Rust Belt’s working-class voters were once a Democratic stronghold, but that’s no longer the case. Lainey Newman, co-author of Rust Belt Union Blues, joins Paul  and Goldy this week to explain how the erosion of union power helped shift working-class voters away from Democrats, and why economic fixes alone won’t be enough to win them back.

Lainey Newman is an author and J.D. candidate at Harvard Law School. She is a graduate of Harvard College and a native of Pittsburgh, Pennsylvania.

Social Media:

@laineynewman.bsky.social

laineynewman

@LaineyNewman

Further reading: 

Rust Belt Union Blues: Why Working-Class Voters Are Turning Away from the Democratic Party

Website: http://pitchforkeconomics.com

Instagram: @pitchforkeconomics

Threads: pitchforkeconomics

Bluesky: @pitchforkeconomics.bsky.social

Twitter: @PitchforkEcon, @NickHanauer, @civicaction

YouTube: @pitchforkeconomics

LinkedIn: Pitchfork Economics

Substack: The Pitch

Mass layoffs have become a routine corporate strategy—not because companies are struggling, but because Wall Street demands it. In Wall Street’s War on Workers, labor educator and author Les Leopold exposes how stock buybacks, deregulation, and financialized capitalism have made job cuts a tool for enriching CEOs and hedge funds at the expense of workers and communities. He joins Nick and Goldy this week to explain how this happened, why both political parties have failed to stop it, and what we can do to fight back.

Les Leopold is a labor educator, author, and co-founder of the Labor Institute, where he has spent decades advocating for economic justice and worker rights. He is the author of several books, including Runaway Inequality and Wall Street’s War on Workers, which exposes how financial elites have rigged the economy in their favor.

Social Media:

@les_leopold

Further reading: 

Wall Street's War on Workers: How Mass Layoffs and Greed Are Destroying the Working Class and What to Do about It

Corporate Bullsh*t: Exposing the Lies and Half-Truths That Protect Profit, Power, and Wealth in America

Les Leopold’s Substack

Civic Ventures Produced Comic on Stock Buybacks: Trillion Dollar Heist

Website: http://pitchforkeconomics.com

Instagram: @pitchforkeconomics

Threads: pitchforkeconomics

Bluesky: @pitchforkeconomics.bsky.social

Twitter: @PitchforkEcon, @NickHanauer, @civicaction

YouTube: @pitchforkeconomics

LinkedIn: Pitchfork Economics

Substack: The Pitch