Economy

Why I Don’t Assume It Was Solely Demand Shocks that Drove 2022-23 Inflation

From a lecture ready for “Macroeconomic Coverage” (Spring 2024): Determine 1: Output hole (black, left scale), CBO projected output hole (pink, left scale), and...

Our On-Going Covid Pandemic and the Labor Market

By Lambert Strether of Corrente. My earlier round-up on Covid and “the economic system” centered primarily on macro financial results like GDP, or the...

Below What Administrations Does the Debt-to-GDP Begin Rising?

Fairly clear to me: Determine 1: Federal debt held by public divided by GDP, %. NBER outlined peak-to-trough recession dates shaded grey. Supply: Treasury,...

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