by James Kwak and Simon Johnson
by Simon Johnson and James Kwak
An 18th century political cartoon entitled "A New Way to Pay the National Debt."
Library of Congress
April 5, 2012 Bitter debates about the national debt date back to the earliest days of the Republic, economist Simon Johnson says. Back then, the nation's failure to borrow was the problem. In White House Burning, Johnson and co-author James Kwack explore the meaning of the national debt and prospects for managing it.
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January 12, 2011 Novelist Peter Carey returns with a funny riff on de Tocqueville's America, while David Remnick looks at the rise of President Obama, Rhodes scholar Wes Moore considers the prison life he might have lived, and Simon Johnson and James Kwak argue that America's megabanks should be cut down to size.
A branch of Chase bank in New York City. JPMorgan Chase reported $11.7 billion in earnings in 2009, more than double its revenue from 2008.
Chris McGrath/Getty Images
March 26, 2010 Simon Johnson is co-author of the book 13 Bankers, about how deregulation and Wall Street's relationship with Washington contributed to the financial crisis. Johnson says there's no virtue whatsoever in huge banks
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