In the absence of more attention to the supply chain, the U.S. is becoming even more reliant on Beijing—and ‘friendshoring’ often increases that dependence.
Supply Chain
Posted inTAP
Biden’s Mixed Signals on Chinese Solar Meet Bipartisan Pushback
Today on TAP: Lawmakers are challenging Biden’s order protecting imports of Chinese solar panels.
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.
Posted inEconomic Policy
Learning the Right Lessons From Recent Inflation
Why macroeconomic overheating was not the problem and austerity is the wrong cure.
Posted inEconomic Policy
Two Percent Inflation Targeting Harms Growth
Research shows that economies perform better at modestly higher inflation rates.
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
Labor, Supply Chains, and Alito
Our editor at large lists his Best of 2022.
Posted inTAP
The Fed Keeps Throttling the Economy
Today on TAP: Powell’s astonishingly ignorant response to easing inflation pressures
