It wasn’t great, but the 1970s did not return, and in 2023 the economic indicator we’ll be talking about will be unemployment.

Politicians warn that we’re headed back to the 1970s. Is the fearmongering just an excuse for punishing interest-rate hikes and a revival of the same pro-business, anti-worker policies that failed us before?

Politicians and pundits across the political spectrum warn of a return to the decade of stagflation, urban decay, and labor mutiny. Their solution? The failed policies of the 1970s.

For years, his work has been marked by his creeping fear that the world is in need of an urgent intervention—and why not from him?