Posting a comprehensive presentation on the rise of inequality…to go! Pointing to Greg Sargent’s key points on the overime debate. Noting the new nominee for the Fed — a community banker. Highlighting Larry Summer’s call for a tax on carbon and linking to my own calls for raising the federal gas tax. Excerpting Ed Kleinbard’s substantive worries… Read more

On November’s employment numbers: my first impressions of the month’s solid employment report, asking Congress and the Fed not to mess up the recovery, and questioning Twitter’s role in compressing the employment report news cycle. On the 2015 budget: describing why House cuts for the IRS are a big mistake, explaining how the CRomnibus actually… Read more

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

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

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