Our system is so unstable that we could be seeing endless waves of supply dysfunction, with dangerous impacts on the economy.
inflation
Posted inEconomic Policy
Summers Watch
Larry Summers is not only a self-promoter who is often wrong on his economics. He is disdainful of who suffers if his recommendations are taken seriously.
Posted inTAP
Stratospheric Airfares
Today on TAP: Rising ticket prices are another facet of inflation that has nothing to do with overheated general demand, and everything to do with industry price-gouging.
Posted inEnergy and the Environment
Nationalize the U.S. Fossil Fuel Industry to Save the Planet
Turning the biggest oil companies over to public ownership would serve several goals at once, including climate resilience.
Posted inBooks
The Privatization Myth
A deeply reported history of the past four decades of handing public services over to private companies provides a stunning account of how not to govern.
Posted inTAP
Inflation and Housing Gentrification
Today on TAP: The price-gouging in affordable housing units has nothing to do with other sources of inflation.
Posted inEconomic Policy
California Has Too Much Money in Its Budget
Gas rebates, the Gann Limit, and the insanity of Golden State governance.
Posted inTAP
Inflation and Corporate Price-Gouging
Today on TAP: Biden has the power to do a lot more—which would be good economics and good politics.
Posted inEconomic Policy
Interest Rate Hikes Aren’t a Solution for Supply Shocks
Policymakers are employing the wrong tools for the current circumstances.
