The State Of The Union
The State of the Union address can be a relatively short speech. One sentence will do – “The country is
Read more
inflation
Missing the Point – The Fed ‘Committee’ we need to do something about
Increasing interest rates is making matters worse and hurting the real families who, collectively, comprise the economy we’re always talking about. What can we do about it? Congress needs to modify the language of the Fed’s independent agency status and rescind the Fed’s authority to make economic policy outside of representative government. Take the Fed out of business of fighting inflation.
Read more
Who Do You Blame for the Poor Economy?
Presidents tend to get both the credit and the blame for a wide range of issues that are largely beyond their control such as the employment rate and wage and price variations. But what about Congress? Or what about that lesser known entity, the Federal Reserve?
Read more
Still Missing the Point: The Fed fights inflation
My argument was that inflation in the Consumer Price Index (CPI) is a composite of what’s happening in various inter-related, but still very different markets for products and services in various locales around the country.
Read more
How might the SCOTUS decision to overturn Roe affect the outcome of the upcoming midterm elections?
When the U.S. Supreme Court overturned Roe V. Wade on June 24 and brought an end to federal abortion rights
Read more
The Chicken, the Price of Eggs and the Chairman of the Fed: Using Monetary Policy to Curb Inflation
The prices of consumer products have gone up, some more so than others, because of issues in their respective submarkets. In a world of microeconomics, national, indiscriminate, macroeconomic monetary policy is a gross instrument with limited power. It’s the dumb bomb when what we need are precisely targeted policies capable of dealing delicately, but nonetheless effectively with highly variable, complex market relationships with minimum side effects.
Read more
Restaurant Association of Md. CEO: Staffing and supply shortages continue to threaten the industry’s post-pandemic recovery
Image by 3D Animation Production Company from Pixabay @BryanRenbaum Restaurant Association of Maryland President and CEO Marshall Weston said Thursday
Read more