Today on TAP: Both the inflation and the employment outlook continue to improve.
unemployment
Posted inEconomic Policy
How Models Get the Economy Wrong
Seemingly complex and sophisticated econometric modeling often fails to take into account common sense and observable reality.
Posted inEconomic Policy
The SVB Collapse Reveals the Class Bias in American Policymaking
When bankers blow their businesses up, it’s no-questions-asked bailout time. When student borrowers need relief, not so much.
Posted inEconomic Policy
Joe Biden Versus the Undertow
Some top economic officials reinforce the corporate globalist paradigm that Biden is struggling to overthrow. Consider the new director of the National Economic Council.
Posted inTAP
Biden the Unappreciated
Today on TAP: Despite his historic achievements, the public doesn’t think he’s done much at all.
Posted inEconomic Policy
The Fed’s Favorite Inflation Measure Has Some Large Holes
There are strong reasons to think we can have stable prices and low unemployment.
Posted inEconomic Policy
How the Federal Reserve Protects the Top One Percent
Our central bank operates by and for the financial elite.
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.
