Important piece at the Prospect pushing Biden and his advisors and Democratic leaders generally not to overreact to inflation as Jimmy Carter did. Democrats are right to worry about inflation’s thre
I am not one to dismiss the inflation of the 1970s as a very serious policy problem at the time. Obviously, anyone who lived through that is aware of it. But the lessons of the 1970s have been vastly
Nothing excites the blood like the fed and monetary policy. So here’s a great piece by Dean Baker getting after the fed for raising interest rates and causing unemployment. However, there is lit
I’m surprised the Federal Reserve hasn’t raised interest rates yet as it’s been rumored for a good year. But the time is coming, despite Janet Yellen doing some work to forestall it