your daily dose of economic commentary
The discussion highlights key differences between the 2021-22 inflation and past stagflation episodes, emphasizing implications for future economic policy.
Melanie Mitchell discusses the challenges of detecting machine-generated text and highlights recent research on methods for distinguishing between human and AI-written content.
An argument that better social insurance can coexist with prosperity, challenging the notion that social protections undermine economic growth and emphasizing median income over GDP.
Chris Blattman discusses the potential for a Chinese invasion of Taiwan and its implications for global conflict, particularly the risk of World War III.
The discussion focuses on teaching high school students about conflict through a book, emphasizing clarity, engagement, and reflective learning activities.
An argument that current poverty programs are ineffective due to fragmentation, high benefit reduction rates, and strict work requirements, suggesting policy changes to improve outcomes.
Ed Dolan discusses a welfare reform proposal aimed at abolishing poverty through a guaranteed income system, highlighting its costs and structure compared to other proposals.
Ed Dolan examines the Phillips curve's relevance today, contrasting historical inflation-unemployment dynamics with current economic conditions and expectations.
Ed Dolan discusses the social protection policies in the U.S. compared to its liberal-democratic peers and suggests ways to improve them.
The post explores differing interpretations of freedom in the context of vaccination debates, contrasting individual rights with communal responsibilities and referencing Russian concepts of freedom.
Ed Dolan discusses the need for a centrist liberal party in America, emphasizing the importance of government size in supporting democracy and social welfare.
The post discusses the effectiveness of carbon pricing as a climate policy, addressing skepticism from critics and comparing it to Israeli agricultural practices for transformative change.
The post explores the relationship between economic and personal freedom using the Human Freedom Index, highlighting their correlation and suggesting improvements for the economic freedom measurement.
Ed Dolan critiques arguments for fiscal austerity, emphasizing the need for stimulus to aid economic recovery rather than succumbing to fears of insolvency and hyperinflation.
Ed Dolan discusses Kevin Vallier's insights on the importance of trust in combating political polarization and the role of good governance in fostering that trust.
Ed Dolan discusses the importance of John Locke's theories on property and government for libertarian environmentalists, advocating for stronger policy actions based on these principles.
David Beckworth discusses central bank balance sheets, inflation rates, the NGDP gap, and real interest rates, providing insights through charts and analysis.
David Beckworth discusses the importance of make-up policy for the Federal Reserve to ensure economic recovery and prevent permanent losses in nominal income.
David Beckworth discusses the potential adoption of NGDP targeting by the Bank of England and its implications for UK monetary policy.
David Beckworth discusses government financing of COVID-19 relief efforts and the management of public debt, emphasizing the roles of the U.S. Treasury and the Federal Reserve.