When it comes to sanctions, China would be quite different from Russia.
The chip shortage is leading to changes in product design.
There's little certainty about the emerging world order.
It's a shame Russia could not let go of its dependence on oil as an economic foundation.
Stephen Davies reviews The Story of Work: A New History of Humankind, by Jan Lucassen.
The possibilities of covered downtown freeways.
Who will take part in global competition for financial hegemony?
Some highlights re world wealth.
How will working from home shape urban and suburban demographics?
Brian Potter explains how indoor climates have evolved. (Part 1) Also, Part 2
Five book recommendations on inflation.
Nationalism is often confused with patriotism.
David Beckworth and Joey Politano talk about recent inflationary trends.
I'm convinced one reason people in the U.S. use more than an optimal amount of energy, is due to a lack of walkable communities.
Consumer spending patterns are still unpredictable.
Dylan Matthews admits he got inflation wrong.
Gas price escalation? It's complicated.
Thomas Philippon explains that total factor productivity is linear, rather than exponential. More on additive growth from Tyler Cowen, Matt Clancy and Jeremy Neufeld. NBER working paper here.
Why has inflation been a greater problem for those with limited income?
Alas, tragedy never left us.
Pumped storage as an energy source.
The Pharr-Reynosa International Bridge was especially hit hard by recent political shenanigans. Even so, no drugs or contraband were found.
The West is coming up short on promises to poor countries.
Nick Timiraos discusses his new book on Jerome Powell.
Duncan Weldon almost feels sorry for central bankers right now.
Some possibilities for construction platforms.
The future still appears promising, even if there are significant setbacks in the short term.
While the Fed remains "behind the curve", it's certainly done worse in the past.
Ben Southwood wishes we could live closer to our friends. In the earlier years of this blog, I wrote about the possibilities of domestic summits as a way to form economic group settings. The dream was for individuals to explore relationships that lead to flexible service activity commitments. In particular, systems ownership which includes physical proximity could be established .
Republicans have changed their approach on healthcare.
Chris Blattman on the psychological and strategic roots of war. Plus, a long war between Ukraine and Russia is frightening but plausible.
Noah Smith reviews Trade Wars are Class Wars.
Adam Ozimek looks at the broader possibilities of remote work.
What can we learn from pandemic monetary policy?
Minimum wage increases do affect job postings.
Scott Sumner notes his contribution to a new book about the Fed and highlights a relevant article as well.
Degrees in the humanities have peaked.
When it comes to the recent drop in GDP, rising imports are not the relevant issue.
Is this a housing boom? Not really.
Russia has struggled to generate monetary value from its human resource capacity.
