Advise and Dissent.

The article focuses on the emergence of new economic approach with the economic policy of the administration of U.S. President Joseph Biden as reflected in the debate between former economic adviser Lawrence Summers and Jared Bernstein of the Council of Economic Advisers in 2021. Topics discussed include the criticism of the policy by Summers, emphasis of the labor economists of Biden on workers, and the concern of Bernstein on the impact of an inflation on the policy.