Archive for the ‘What’d I Miss?’ Category

Hey, What’d I Miss? OTE 11/12 — 11/24

November 24th, 2014

Looking at the economics of falling oil prices and the Keystone XL pipeline. Explaining the bubble, bust, repeat cycle and its relationship our high levels of inequality. Questioning our ability to accurately assess the natural rate of employment. Debunking a common mistake — overestimating the contribution of immigration to the increase in poverty. Describing why… Read more

Hey, What’d I Miss? OTE 10/28 — 11/11

November 11th, 2014

On jobs day, giving my first impressions of October’s employment report. On the midterm elections, laying out what I didn’t hear on economic policy in the run up to the midterms and explaining why the midterms were a big, dystopic groan from an electorate that knows something fundamental is broken and nobody’s trying to fix it. Describing the real reason corporate tax reform is so… Read more

Hey, What’d I Miss? OTE 10/21 — 10/27

October 27th, 2014

Discussing the Fed, QE, and the full employment unemployment rate. Looking at Larry Mishel’s wage message at the Boston Fed inequality conference. Listing a few observations re global growth, the US dollar, under-priced oil, and their impact on US growth rates. Analyzing evidence from abroad to explain why it takes more than economic growth alone… Read more

Hey, What’d I Miss? OTE 10/15 — 10/20

October 20th, 2014

Evaluating early results from the Treasury’s move to curb corporate tax inversions. Explaining the impact of inequality, opportunity, and growth on stagnant wage trends. Describing why to say “we fought the war on poverty and lost” is to reveal ones contempt for the facts of the case. Explaining why we should be careful not to view… Read more

Hey, What’d I Miss? OTE 10/07 — 10/14

October 14th, 2014

Looking at the connection between full employment, trade deficits, and the dollar as a reserve currency. Exploring the debate around wages and technology. Responding to Paul Krugman on trade deficits as a barrier to full employment. Pondering the impact of the sharp decline in budget deficit. Reviewing Ed Kleinbard’s new book, We Are Better Than This: How Government Should… Read more