…from a super simple sub-Taylor rule). The registered unemployment rate follows with a lag of about one year (longer than the standard pre-hysteresis 6 months but not very long). My…

…earlier super simple old fashioned approach to data help explain why macroeconomists don’t talk about such striking simple patterns in the data. Now I don’t think the conventional contemporary approach…

…without opening up other gaps that have already closed? It almost seems impossible or super complicated? Well, let’s go back and look at the stagflation of the late 70’s. What…

…consumption and savings. The suspicion that inequality leads to secular stagnation is based on the idea that the super rich are satiated — that they can’t possibly consume a large…

…cost more and another 15% said the same as originally estimated. Interestingly enough is the agreement of the #1 priority for healthcare; all politics aside and by a super-majority, people…

…campaign operations to a friendly Super PAC, and running a full-blown presidential campaign while pretending you haven’t declared. Outside groups on both sides pledging enormous expenditures. Relentless media attention to…

…seeing a parade of billionaire sugar daddies looking to sponsor individual GOP candidates. A profusion of clever tactics such as turning over campaign operations to a friendly Super PAC, and…

…United bars election laws that would require super PACs to identify their donors, and corporations to report the recipients of their political largesse. It doesn’t. No constitutional amendment is needed…

…it is about 1/3. My comment Alternative austerity arithmetic. But what if the 1% surplus were achieved by raising taxes not by cutting spending ? I will be extra super…

…large as the IMF assumed (that’s my one sentence abstract of their paper). Using a super crude back of the envelope guess I think that their work suggests a balanced…