Why macroeconomic overheating was not the problem and austerity is the wrong cure.
inflation
Posted inTAP
The Labor Market and the Soft Landing
Today on TAP: The economy is on track to avert a recession, unless the Fed creates one.
Posted inEconomic Policy
Two Percent Inflation Targeting Harms Growth
Research shows that economies perform better at modestly higher inflation rates.
Posted inEconomic Policy
The Inflation Numbers Game
Inflation for the past five months was mild, but the media still blares the higher year-over-year numbers.
Posted inEconomic Policy
Who Will Talk Jay Powell off the Ledge?
He has committed the Fed to an interest rate course that will create a needless recession, and he refuses to admit that inflation is subsiding on its own.
Posted inEconomic Policy
The Rise of Undocumented Inflation
Quality deterioration, not factored into inflation statistics, means that we spend the same amount for inferior products.
Posted inWorking in America
What’s Wrong at the Times
Management authorized $150 million for a stock buyback this year but resists the union’s wage proposal, which would yearly come to $15 million more than the paper wants to pay.
Posted inTAP
The Fed Keeps Throttling the Economy
Today on TAP: Powell’s astonishingly ignorant response to easing inflation pressures
Posted inEconomic Policy
Why the Federal Reserve Should Cool Its Jets on Interest Rates
Recent data shows a strong possibility that inflation will come down on its own.
Posted inEconomic Policy
The Two Percent Obsession
In the face of mounting evidence that inflation is easing, the Fed clings to a perverse monetary policy. What will its meeting this week produce?
