Consumer price inflation edged up some in September but is well below its highs earlier this year. We are not out of the woods yet, but it's not our bi…
Throughout his career, Larry Summers has been a leader in macroeconomics, holding powerful positions in academia and policy. He advances "Big Ideas" bu…
Children are our best investment. They are the future. Congress must use its once-in-a-generation opportunity to do more for all our kids.
Economists are often asked to predict the future, but no one can. The present is even hard to explain. Good macro isn't the numbers; it's the story. Ge…
New research from Jeremy Rudd, a senior adviser at the Fed, made a stir last week. Inflation expectations might sound like a snoozer. Nope, they're a b…
Starting this week I will write once a week for you, my paid subscribers. I would like your requests. I am open to all things Fed, fiscal, and macro.
The Fed speaks and Wall Street jumps. The Fed pumps trillions into financial markets and it jumps higher. So, what about Main Street?
Tomorrow we learn when each Fed official thinks it will be the right time to raise interest rates. So, is it liftoff in 2022 vs 2023? Pointless to gues…
Research papers are how many economists share what they have learned with the world. Here is my advice on how to write them well.
Globally, Covid-19 continues to jam supply chains. As a result, producers can't keep up with demand, pushing prices higher. Such inflation is not new a…
Got a questions on the economy or economic policy? Please put them in the comment section or email me. I will reply here and write a follow-up post tom…
Jay Powell's in the hot seat for his lack of action on climate change. It might even cost him Fed Chair. Who had that on their Bingo Card? Welcome to 2…