Open thread July 5, 2022
Weekly Indicators for June 27 – July 1 at Seeking Alpha
by New Deal democrat Weekly Indicators for June 27 – July 1 at Seeking Alpha My Weekly Indicators post is up at Seeking Alpha. There was yet more deterioration this week, focused on the long and short leading indicators. But consumer spending still seems to be holding up. As usual, clicking over and reading should bring […]
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 […]
Open thread July 1, 2022
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 […]
Open thread June 28, 2022
Open thread June 24, 2022
Open thread June 21, 2022
Tariffs and Inflation
Tariffs and Inflation Kevin Quinn, Econospeak Jason Furman and Janet Yellen have both suggested that cutting Trump’s tariffs would be anti-inflationary. But most economists agree that the incidence of the tariffs is for the most part on US consumers, not foreign suppliers (pace the treasonous and ignorant former president, who crowed about all the revenues we […]