Relevant and even prescient commentary on news, politics and the economy.

Climate chaos

(Dan here…lifted from David Zetland’s One-Handed Economist newsletter are some interesting links on climate change…and we need to consider the US heat dome as well as Great Britain and European heat waves) Climate chaos (sorry for all the links, but shit’s getting out of control) Read: Researchers now estimate that humans cannot “tolerate” (=not die) wet-bulb […]

Cobweb model

(Dan here…follow the link to the comment section on Kevin Quinn’s somewhat cryptic post to learn more on economics) Muth and Lucas: Call your offices!  On his Marginal Revolution blog, Tyler Cowen describes the recent “purge” in the trucking industry. The pandemic shift in demand towards goods, as opposed to services, produced a big increase […]

The Global Financial Cycle and Emerging Market Economies

by Joseph Joyce The Global Financial Cycle and Emerging Market Economies The Federal Reserve’s latest increase in its policy rate is a signal of its desire to reestablish its credibility after U.S. inflation rose to 8.6% in May, and a precursor of more hikes.  Similar increases have been implemented by the Bank of England and […]