Vaidas Urba and Mark Sadowski directed me to an Evan Soltas post, discussing recent research on fiscal multipliers: I have been doing some reading for...
Remember the Sports Illustrated jinx? Athletes that appeared on the cover of Sports Illustrated often saw their performance drop off sharply. I wonder if the...
Last December the Fed forecast 4 rate increases during 2016. That’s still possible, but increasingly unlikely. The markets forecast 2 rate increases. Today the Fed...
One of the most interesting things about the long Japanese deflation was the relative stability of the Japanese yen, against the dollar. It’s depreciated about...
This Onion story from 2001 proved to be highly prophetic: WASHINGTON, DC–Mere days from assuming the presidency and closing the door on eight years of...