The Fed’s Powell: Core inflation “has not really moved down. It has not reacted much to our rate hikes. We’re going to have to keep at it.”
Read more...In a new book, George DeMartino offers some novel and pointed criticisms of economics, focusing on societal damage.
Read more...Political scientist Thomas Ferguson discusses Democratic debt ceiling fecklessness, Biden’s wobbly coaliiton, and US instability.
Read more...Do student debt concessions prove Democrats are just terrible negotiators? The real reason Party leaders do the debt ceiling dance.
Read more...What is the real reason Democratic party leaders go along with the debt ceiling ritual?
Read more...So what can the Administration do, instead of blink, in the debt ceiling staredown?
Read more...Although the GOP created the debt ceiling, Democrats are culpable for neither challenging its Constitutionality nor using the platinum coin.
Read more...Yet another way to circumvent debt ceilng restrictions isn’t getting the consideration it warrants.
Read more...Authorities acted promptly and decisively, and each crisis required a unique solution, especially the larger crises
Read more...As the Republicans are digging on raising the debt ceilings, the idea of a constitutional challenge is starting to get traction.
Read more...Income tax receipts are a good proxy for jobs. That measure has suddenly gone wobbly. If that persists, will the Fed blink?
Read more...The sanctions against Russia and Russia’s kinetic war in Ukraine have produced great changes in and outside. But what are their implications?
Read more...The Fed’s objective is asymmetric, with inflation overshoots being more costly than undershoots. Using data from the Summary of Economic Projections it shows that the Bernanke Fed was too hawkish, the Yellen Fed was too dovish, and the Fed under Jerome Powell has at times been too hawkish and too dovish.
Read more...A deep dive into the costs and impact of the recent, large-scale European energy subsidies.
Read more...A deep dive on the development of the dollar system.
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