Catherine Rampell’s latest Washington Post column argued that lower-income people have been hardest hit by inflation, so they will benefit most if...
There is a loud and growing chorus demanding that the Fed follow a path of aggressive rate hikes, which will inevitably lead to higher unemployment...
It was very frustrating to read Noam Scheiber’s profile of Jaz Brisack, the person who led the first successful union organizing drive at a...
That’s the question millions are asking, or hopefully at least the folks at the Fed making decisions on interest rates. Ostensibly, the Fed is...
There are legitimate debates over what tax rates should be, even if many of us consider the current tax rates on the rich and super-rich far too...
This week President Biden announced that he would release 1 million barrels per day from the strategic oil reserves. This action was generally...
From my Twitter feed it seems that Sarah Palin has been resurrected. All sorts of centrist-liberal types are yelling ‘drill baby, drill!’ as a...
At this point, we still don’t know very much about the Omicron variant, except that it spreads far more quickly than the Delta variant. The data...
Politicians in Washington tend to be a pretty arrogant group. They think they can just define their own terms and expect everyone else just to...
The release of the new Social Security Trustees Report, coupled with a New York Times article on what strikes me as a rather silly debate on...
Getting the world vaccinated is not about some feel-good gestures, like a few billion dollars for COVAX, the Bill Gates-inspired initiative to make...
More than 20 percent of workers now report that they are working from home at least part-time as a result of the pandemic. While many of these...
The vaccine rollout process has been painfully slow in the United States. More than 40 days after the first vaccine was approved for emergency use...
The economy lost 140,000 jobs in December, all of which can be attributed to a plunge in restaurant employment of 372,000. Other sectors highly...
Some folks have complained about the loss of GDP over the last five months and questioned whether the shutdowns have been worth the price. While...
These days the business press is full of predictions of recessions. This could get people worried, except that the track record of economists in...
A theme often repeated in the media is that Japan is suffering terribly because of its low birth rates and shrinking population. This has meant slow...
With the New Year and the US recovery soon to be record-breaking in duration, many are asking when the next recession is likely to come and what...
This week marked 10 years since the harrowing descent into the financial crisis – when the huge investment bank Lehman Bros went into bankruptcy,...
Donald Trump made his opposition to much of America’s international trade policy a central theme in his presidential campaign, and his position...
A trade deficit reduces demand in the economy. It means that some of our spending is creating demand in Europe or Mexico, rather than in the United...
It now appears likely that the Republicans will get their tax cuts through Congress and signed by President Trump. This will be a political...
