Two Cheers for Pragmatism.

The article examines the economic policies of the U.S. President Joe Biden administration, arguing that their successes arise more from pragmatic opportunism than from a coherent philosophical approach. Topics discussed include the American Rescue Plan's role in breaking from traditional fiscal policies, the significance of the Bipartisan Infrastructure Law and the CHIPS and Science Act in promoting public investment and national security, and the Inflation Reduction Act's focus on mitigating greenhouse gas emissions while navigating political constraints.