Nearly a year and a half into the recovery from the Covid recession, it's indisputable that fiscal relief was a success. Not so, after the Great…
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Macroeconomics is waking up and not a moment too soon. Olivier Blanchard, a prominent macroeconomist, has started an important conversation about the…
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The stakes are too high to use the Phillips Curve with its unreliable tradeoff between unemployment and inflation. We don't need millions of Americans…
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The Sahm rule is a widely followed indicator of recessions. It's gotten a lot of attention from experts who use it to argue we're not in recession and…
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Reality shows a "soft landing" in 2023 in the United States taking shape. We avoid a recession, we keep the job-full recovery, and inflation moves back…
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The tale of Silicon Valley Bank and its fallout is still being written, and yet, it’s a story we know all too well. In fact, banking crises are at the…
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Earlier this week, Senator Elizabeth Warren pushed Fed Chair Jay Powell on what he would say to the two million workers the Fed expects will lose their…
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The global economy is deteriorating. It's time for the Fed to do the right thing: slow down or even better pause its interest rate hikes. It's going too…
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The economist says schools should remain open, but her data aren't convincing.
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Americans are rightly angry about inflation. A strong labor market is not enough reason to celebrate. But, we are coming out of, not going into the…
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No, it cannot.
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Our profession has immense power in the world and with power comes responsibility. It's time to face the facts. We are a disgrace and must do better.
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