Some top economic officials reinforce the corporate globalist paradigm that Biden is struggling to overthrow. Consider the new director of the National Economic Council.
inflation
Posted inTAP
The Wildly Misleading Inflation Numbers
Today on TAP: The Consumer Price Index gets the story of housing costs backwards.
Posted inEconomic Policy
The Fed’s Favorite Inflation Measure Has Some Large Holes
There are strong reasons to think we can have stable prices and low unemployment.
Posted inHealth and Social Policy
Moderna’s COVID Vaccine Price Hike Reveals Government’s Failure
The U.S. co-invented the mRNA vaccine. So why doesn’t it act like it?
Posted inEconomic Policy
How the Federal Reserve Protects the Top One Percent
Our central bank operates by and for the financial elite.
Posted inTAP
The Misleading Reporting on Inflation
Today on TAP: The coverage overstates the problem, feeding the narrative of a necessary recession.
Posted inEconomic Policy
Inflation in an Unequal World Economy
How the Fed’s policies are doubly perverse for the Global South
Posted inEconomic Policy
Supply Shocks, Inflation, and the Limits of Monetary Policy
The major source of inflation was supply bottlenecks that are already subsiding for reasons unrelated to Fed rate hikes.
