Jimmy Carter meeting with business leaders asking for help to lower inflation, 1979. This is from the last time American policymakers decided to destroy working class gains in the employment.
Since our economic betters have overlearned the lessons of the 1970s and have responded to this brief and highly specific to a global pandemic period of inflation by going full.
Lawrence "Larry" Summers, former U.S. Treasury secretary, speaks during a question-and-answer session with the media at a workshop hosted by the Bank of Japan (BOJ) and the Bank of Canada.
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.
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.
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,.
