Economists routinely ignore a fundamental set of data about the economy.
inflation
Posted inTAP
The Fed Resists the Inflation Hawks
Today on TAP: Fed Chair Jerome Powell is playing against type.
Posted inEconomic Policy
A Windfall Profits Tax Would Be an Inflation Rebate
A cash benefit to families as oil prices spike would be more important than how it’s financed.
Posted inHousing
The Great Housing Inflation as a Long-Term Policy Failure
High prices of homes and rental apartments have very little to do with today’s general inflation, but reflect decades of perverse policies that hurt both renters and aspiring homeowners.
Posted inTAP
More Inflation: Now What?
Today on TAP: Some of it is purely opportunistic. We need an excess profits tax and maybe price controls.
Posted inEducation in America
Will Spiking Energy Prices Necessitate Student Loan Debt Cancellation?
The Biden administration has promised a decision by May.
Posted inTAP
Don’t Blame Wages for Inflation
Today on TAP: Workers are at last beginning to get what’s owed them. The sources of price hikes are elsewhere.
Posted inEconomic Policy
New York Begins Rulemaking to Stop Corporate Profiteering
The attorney general’s office will seek to apply the state’s price-gouging law to opportunistic price increases that use high inflation as an excuse.
Posted inPolitics
The Biden Identity
Joe Biden tells us who he is and who he isn’t—which will help him, God willing and the creek don’t rise.
Posted inTAP
What Biden Will Say Tonight, and What He Should Say
Today on TAP: His defense of democracy and his attack on inflation can lead to some distinctly progressive initiatives.
