Inflation is mostly not caused by spending, and the Fed will have no help if it causes a recession.
Supply Chain
Posted inEconomic Policy
The Fed Is Crushing Investment Right When We Need It
Interest rate hikes are damaging the ability to take needed steps in our economic future.
Posted inTAP
Latest Jobs Report Shames the Inflation Hawks
Today on TAP: Wage growth continues to decelerate. Contrary to Larry Summers et al., wages are not driving price increases.
Posted inEconomic Policy
Inflation Isn’t So Different Between the U.S. and Europe
This should lead Federal Reserve officials to hesitate before blindly hacking away at the economy.
Posted inEconomic Policy
Commerce Department Could Pay Manufacturers to Reshore Critical Production
The bipartisan competition bill could pour billions in loans, grants, and equity investments into supply chain security.
Posted inTAP
Biden’s New Trade Deal: Less Than Meets the Eye
Today on TAP: All the details of the new Indo-Pacific Economic Framework remain to be filled in.
Posted inPodcasts
Bare Shelves and Rising Prices
What’s the deal with the shortage of baby formula and solar panels? Prospect executive editor David Dayen explains.
Posted inEconomic Policy
The Age of Rationing
From pandemic supply chain snarls to baby formula shortages, we forgot that physical production isn’t magic, and we need to engineer it for stability.
Posted inEnergy and the Environment
Trade Group Driving Solar Controversy Includes Slave-Labor Companies
Companies working to sideline the Commerce Department investigation into Chinese trade violations are reliant on components made by Uyghur workers.
Posted inTAP
The Fed’s Dilemma
Today on TAP: The half-point rate hike will make little difference in dealing with the causes and cures of rising prices.
