What was Bidenomics?
Adam Tooze
As sparks fly up from the welding rods, the beak of a bald eagle emblazoned on the welder’s mask curves menacingly towards the viewer. With comic-book subtlety the image screams: American industrial power at work. It’s an image of industrialism more redolent of socialist realism or the New Deal than of the 21st century. And yet there is nothing tongue in cheek about it. The...