Richard Clarida, now a TV talking head, is doing all he can to kill jobs and cut wages.
unemployment
The American Welfare State Is Designed Horribly
The New York Times report notwithstanding, our signature poverty-fighting policy is a janky mess.
Europe’s Energy Crisis
Is there a solution anytime soon? And what are the spillover effects on the U.S. and the global economy?
Powell Sides With the Inflation Hawks
Today on TAP: Reverting to type, the Fed chair ignores supply factors.
Layoffs May Be White-Collar Now, but Here Come the Blues
Today on TAP: Ford signals a near-term downturn, and a long-term deeper problem.
The Case Against Saving Scolds
Nobody can retire unless there are still workers to provide goods and services.
Why Is Larry Summers Engaged in Science Denial About Inflation?
It could be his conflicts of interest.
Our Bewildering Economy
What are the contradictory trends and policy choices? And does the Inflation Reduction Act live up to its name?
The Fed Is a One-Trick Pony
Today on TAP: And hiking interest rates when real wages lag far behind inflation is a dirty trick.

