I’ve long been a fan of the economist Alan Blinder, he of the hard head, soft heart (a great book, absolutely crying for an update, Alan!). In fact, Alan co-authored an important paper for our Full Employment Project on the policy lessons from the Great Recession. So I was a bit blind(er)-sided by his WSJ… Read more
Testified yesterday before the Joint Economic Committee–here’s my full write up. Here are my main findings: Fairness, simplicity, and revenue raising are often complementary: by closing regressive loopholes in the tax code, we reduce incentives to game the system, eliminate wasteful tax breaks that exacerbate inequality without promoting growth, and raise more revenues. Based on… Read more
As OTE’ers know, I have long lobbied for being as explicit as possible about the uncertainty in our economic estimates and forecasts. Which is why I was very happy to get this survey from the Bureau of Labor Statistics today, asking whether they should present the monthly payroll jobs number (the net gain/loss of payroll employment)… Read more
Thanks to the really engaging hosts and great production, this conversation turned out to be a lot more fun and interesting than is often the case, I thought. Give it a look, and make your Hunger-Games-reading tween check it out too!
A friend turned me onto this Joey DeFrancesco jam wherein absolutely smokes the Hammond B-3, for which I’m a sucker anyway, on the song Find 4.605 Ways. (Whoops, I took the natural log…hee, hee!) If you’re thinking this is the usual, melody, organ solo, guitar solo, melody and out, you’re wrong. Check out Joey’s second… Read more