The inflation outlook, in two simple questions
It all comes down to a simple equation: inflation equals nominal minus real.
Unambitious goals might hold the economy back—again.
Why is a Fed president so sanguine about falling labor force participation?
Winnie the Pooh should have been free decades ago
Copyright doesn't need 95 years to get the job done.
Joe Manchin’s friends aren’t listening to him
The Senator has spoken plenty. They just don't want to hear him.
Thank the GOP for the global minimum tax
Nobody wants to say it, but the Republican tax plan is the model for a center-left global deal.
Here's who wins and loses in an inflationary time
If you took out a big loan on a house recently, you're in luck.
How COVID-19 broke my favorite labor economics chart
A longstanding connection between wage growth and employment levels has broken down.
Don’t play the frontload gambit
Overloading the early years of the Build Back Better plan with extra spending will backfire.
Our corporate tax system is our best so far—don’t break it
International corporate taxation is a difficult puzzle. The 2017 GOP reform got a lot right.
The New York Times addresses our shadow inflation thesis
Declining service quality means consumers are getting less for their money.