Aging boomers are just one of the problems for inflation, right now.
Has the "long twentieth century" actually ended?
Most popular business starts, by country.
Countries are experiencing losses in human development value.
Content moderation isn't as simple as it sometimes seems.
Noah Smith explains how macroeconomics is still in its infancy. Scott Sumner isn't quite convinced. Both posts are certainly worth reading.
"Local governments have been opposed to any maps that show an increasing risk."
What makes wage distribution different in the U.S. from Europe?
Australia has been concerned about the possibility of World War 3.
A 2022 economic review in 11 charts.
Jason Furman highlights five economics books for 2022.
Inflation expectations are declining.
Shale fields in the U.S. are already starting to age.
Greg Mankiw's completed version of a recent paper for Brookings re government debt and capital.
A visual graphic for inflation by country.
Alas, when the financial system is bailed out, it becomes more fragile.
Total factor productivity isn't what it used to be.
It turns out unemployment was higher than necessary for 25 years.
Noah Smith interviews Ezra Klein.
There's plenty of mixed signals in the economic data.
What are the biggest power sources?
Innovation rankings by country.
Perhaps fragmentation makes more sense.
Highlighting Social Security "replacement rates".
Doctors and their families don't always follow the prescribed medical guidelines. My thought: some may prefer healthy food options instead, options which are occasionally out of reach for lower income patients.
Four hypothesis regarding inflation.
What macro did we learn in the 2010s that is worth keeping?
"Since the recovery began, velocity has been climbing back to its stable level."
Demand-formation as a constant adjustment process.
An indicator for recent tenants captures more recent inflation changes.
What made the recent monetary expansion different from 2009?
Core inflation and headline inflation require different Fed responses.
End of the year reflections on recent economic trends. From Heather Long, Ryan Avent, Cardiff Garcia and David Beckworth.
Jon Steinsson considers Fed communication and more in this interview.
Kevin Erdmann in a recent post highlights when credit essentially dried up for lower income level groups.
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