Tag: inflation

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Blame Larry Summers

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In General
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On March 6, 2022
I would like to blame Larry Summers for everything because he is a terrible human being. David Dayen blames him for the current inflation issue: Any honest Democrat will admit that we are now all Friedmanites,” Larry Summers wrote in The Times in 2006. Mr. Summers comes from a family of left-leaning economists who saw […]

Inflation

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On December 7, 2021

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

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The 1970s May Finally Be Over

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In General
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On January 20, 2021
For a very long time, I’ve been frustrated with how even liberal economists are basically living with the trauma of the late 70s and can’t think beyond the idea of INFLATION IS EVILLLLLLL!!! This is not to dismiss the very real problems of inflation during those years, but everything else in the world has moved […]

Interest Rates

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On November 18, 2015

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

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