The death and disruption were bound to create real economic losses, even if things are better now than what one might have feared in the spring of 2020. Modest inflation is the least worst outcome.
Tying together some threads from recent data releases
The country's new prime minister says he wants a "virtuous cycle in which raising the incomes of a wide range of people stimulates consumption"
Four quick thoughts on what looks like unpleasant news
Thanks to Roben Farzad for having me on his show, where we talked about everything from rental car fleets to aging in China and the Spanish Flu
From a consolidated perspective, the answer is (mostly): the federal government. But foreign demand is roaring back in 2021.
The latest forecasts of inflation, unemployment, and interest rates under "appropriate monetary policy" reveal some intriguing disagreements.
Decades of underinvestment, excessive taxation, and anti-Europeanism might finally come to an end. Or not.
See all