Archive for the ‘Economic Growth’ Category

Reflections on Trump et al’s weirder than weird economics interview

May 12th, 2017

Yes, there was probably a bit more than the usual dose of cray-cray in President Trump’s interview with The Economist yesterday. But I just can’t muster the energy to crack wise about all that, other than to point out than the bit about how China stopped managing their currency the day Trump won is over-the-moon… Read more

Inflation, earnings, and spending: a review of recent trends

May 4th, 2017

I need a serious break from the ugliness of DC health-care politics, so let’s talk about three interesting and related economic questions: inflation, labor demand, and consumer spending. First, why does inflation continue to respond so weakly, if at all, to the tightening job market? The traditional response is “because the Phillips curve (the relationship… Read more