The pandemic had one good effect. It sidelined a lot of bad economic thinking.
Federal Reserve
Posted inCoronavirus
Unsanitized: Crawling Toward a Deal on COVID Relief
A few final issues include who gets checks, and whether to retire the money cannon. This is The COVID-19 Daily Report for December 18, 2020.
Posted inPolitics
Mitch McConnell’s Sudden Interest in Independent Agencies
It shows that he knows Biden will be president, and that he has to do what’s necessary to damage his effectiveness.
Posted inEconomic Policy
Public Investment Reimagined: A National Investment Authority
Adapting New Deal ideas to 21st-century challenges
Posted inCoronavirus
Unsanitized: Mnuchin Mothballs the Money Cannon, and I Feel Fine
Rhetorically he’s right: slice up the money cannon and give it to people. This is The COVID-19 Daily Report for November 20, 2020.
Posted inPolitics
Republican Coronavirus Nonchalance May Have Cost Them a Key Appointment
Two missing senators leaves Judy Shelton, a hard-right nominee for the Federal Reserve, short of votes.
Posted inPolitics
Leading From the Left
What Joe Biden can learn from Elizabeth Warren and Bharat Ramamurti
Posted inCoronavirus
Unsanitized: Slice the Money Cannon Into Money for the People
Plus, can vaccinated people still spread the virus? This is The COVID-19 Daily Report for November 12, 2020.
Posted inEconomic Policy
Biden’s First Appointees Are a Mixed Bag
The transition’s agency review teams look good for financial regulation; they look bad for the agency that controls practically all regulations.
Posted inEconomic Policy
How Do You Spell Fiscal Relief?
Now that Mitch McConnell has blocked corona aid, it’s time for the Fed to step into the breach—and for its one Democratic governor, Lael Brainard, to lead the charge.
