Some charts to accompany an interview I did with the team at The New Bazaar, covering everything from U.S. household saving to the world's wheat supply.
Production and consumption both cratered in April. The impact on the rest of the world is uncertain.
Comprehensive data from March show that the Russian economy is being denied access to critical manufactured goods. The initial numbers for April suggest…
Many price increases, particularly for manufactured goods, seem to be moderating or reversing. But persistent inflation in the prices of select…
I reviewed an ambitious, but frustrating, new history for Foreign Policy magazine.
Getting into the guts of net exports, the statistical discrepancy, and more.
The Putin regime is feeling the squeeze.
More evidence on the impact of the sanctions so far.
The immediate goal is to prevent the Russian army from resupplying its forces. Look for a sharp drop in exports to Russia from the major manufacturing…
Domestically-generated U.S. inflation was slowing down in March. But the good news was offset by Russia-related shortages of energy and food. Lockdowns…
Rising prices for goods and services weren't so bad that they limited real consumer spending or household saving.
Americans financed large trade deficits as well as large net purchases of valuable foreign investments in 2021 by printing money and by issuing…