How the Wall Street Journal Blew the Story of the Democrats and Inflation
The firehose of affluent consumption continues to drive inflation, not the stimulus package.
A New Era of Endless Labor Shortages? A Critical Analysis of McKinsey’s New Report
The McKinsey report’s highlighting of an extremely high job vacancy ratio in recent years does not reflect the true state of the U.S. labor market.
The Fed’s ‘Chicken Run’: Why Sticking with High Rates Will Crash the Economy
In persisting with its high rates policy, the Fed is acting like James Dean in the famous “chicken run” auto race in Rebel Without a Cause.
The Lehman Disaster and Why It Matters Today
On September 15, 2008, Lehman Brothers, a giant investment bank with a storied history, filed for bankruptcy. The shock was profound; world markets melted down.
The Great Inflation Debate: Supply Shocks and Wealth Effects in a Multipolar World Economy
Setting the record straight and identifying less destructive pathways forward than round after round of interest rate increases.