Yves here. We were far from alone in saying that having the Fed try to tackle this inflation using its blunt tool of interest rates, was destined to whack workers…
Yves here. If you doubt that monopsony, as in concentrated buyers pushing down prices works, look no further than the successful Department of Justice lawsuit against tech titans like Apple,…
Young people want to save for their futures, but balancing priorities has proved challenging during a time of economic instability.
The Fourteenth Amendment offers a blueprint for tearing down the debt ceiling.
Yves here. Here we have what is taken as a well-established fact, that rats were the big perps in the propagation of the Black Death, shown as likely to be…
Yves here. John Helmer looks at the interesting question of which Russian power players are getting first dibs on assets and businesses abandoned or otherwise exited by Western multinationals as…
Pooch portraits: Dog Photography awards – in pictures Guardian Knife-wielding North Carolina man leads police on chase on John Deere tractor, reaching 20 mph AL.com The Age of Free Money…
Yves here. Articles like this are maddening. They take the view that demographic growth is necessary, when global population was largely static for prior to the Industrial Revolution. Moreover, given…
Yves here. Tom Neuburger has a short post with Twitter Files updates, plus evidence that Google is obstructing searches that ought to lead to his site. In a bit of…
Yves here. This article points out, in an unusually straightforward manner for an economics piece, that middle-income countries getting to first world levels of income (and therefore consumption) will be…