Today on TAP: Does the Fed deserve credit for the strong economy? Will our central bankers screw it up by waiting too long to cut rates?
Federal Reserve
Posted inEconomic Policy
The Bankers’ Front Groups Fighting Tougher Capital Rules
It’s understandable that Wall Street wants weak rules. Why are so many community groups serving as the banks’ echo chamber?
Posted inTAP
Is the Good Economic News Good for Biden?
Today on TAP: Yes, if the president plays it astutely. But other factors could matter more.
Posted inEconomic Policy
Time for a Victory Lap?
Those who believed inflation would be transitory were proven right, and those who demanded the sacrifice of mass unemployment proven wrong.
Posted inEconomic Policy
Q&A: Arin Dube on the Benefits of Full Employment
The UMass professor details a reduction in wage inequality unseen in the U.S. in half a century.
Posted inMoney, Politics, and Power
Corporate Headhunters Shouldn’t Control Who Can Be a Fed Reserve Bank President
We need a democratic process for appointing leaders of regional Fed banks.
Posted inEconomic Policy
The Case for Interest Rate Cuts
The Federal Reserve won’t talk about it. A new study shows why they must.
Posted inTAP
Biden, the Economy, and the Election
Today on TAP: It’s grossly unfair, but don’t look to the good economy to improve Biden’s re-election chances.
Posted inTAP
Blocking Green Transitions
Today on TAP: Upending government policies, the Fed is doing that here, while the high court is doing that in Germany. Who elected these guys? (Nobody.)
Posted inEnergy and the Environment
How Larry Summers’s Bad Predictions Hurt the Planet
The clean-energy transition is faltering because of unexpectedly high interest rates, which Summers’s demands to slow down the economy helped usher in.