Today's post is from my macromom blog. It's a personal one. Don't worry economics will return here soon. It's finally infrasture week!
Three big stimulus checks -- totaling $11,400 for a family of four -- were a crucial source of economic relief during the Covid crisis and a boost to t…
The economics profession has struggled with diversity and inclusion from the beginning. Our failings hurt the science, hurt economists, and hurt people…
Here's a new format where I answer some questions I got this week. Hope it's helpful. If so, send me more questions and let's talk macro.
Fed officials are falling all over themselves to call for diversity and inclusion in their ranks, the economics profession and their economic policies.…
Racial economic injustices of the past and present do not have to be our future. But that's what tools like potential output assume, so it's time for n…
Inflation hawks and doves are at it again. The hawks warn we've done too much and risk inflation. The doves counter that doing too little will scar peo…
Jay Powell at the helm of the Federal Reserve and Janet Yellen, his predecessor and now Secretary of the Treasury are pushing hard to get people safely…
Our world changed a year ago today. Covid officially came for us. It's still here, losing loved ones and missing 9.5 million jobs. Policymakers must ke…
The risk of an uneven recovery far exceeds the risk of uncontrollable inflation. Data and research show that the inflation hawks are wrong again. Congr…
In macro if you're not laughing, you're crying.
Fears about inflation are as predictable in macro as the sun rising in the east and setting in the west, albeit without any of the beauty. Here we go a…