First, a bit more on the political economy of the midterms, over at PostEverything. Second, and much more importantly, two great musical entrees for your edification, funkification, and swingification. First, it was made clear to me that some of the youngsters where I work were unfamiliar with this funk classic from the man himself, James… Read more
The US job market continues to truck along at a solid clip, with payrolls adding over 200,000 jobs for the ninth straight month—including 214,000 last month—the unemployment rate ticking down to 5.8%, the closely watched participation rate ticking up a tenth, positive payroll revisions of 31,000 for August and September, and a slight bump up… Read more
With further references to popular music! Over at PostEverything. Btw, this analysis, to which I link in my WaPo post, resonated.
Ryan Avent posts an incisive and compelling critique of the US Federal Reserve, largely around their decision to end their quantitative easing (QE, or large-scale asset purchases) program even while their benchmark inflation rate remains consistently below its target rate of 2 percent. I disagree with the vehemence of the argument—the idea that ending the… Read more
And yet, he remains bearded! More on full employment, over at PostEverything.