Studies in this week’s Hutchins Roundup find most coal-fired electricity generators in the U.S. are predicted to retire in the upcoming decades, bank compliance with liquidity...
CBO released an Update to its Budget and Economic Outlook, while the IMF released a mission concluding statement for its Article IV review of the United...
9 Million Workers Return To The Labor Force In September: What Happens To Wages Then While Goldman has been largely dismissive of inflation so far, the...
Medical innovations paired with innovative programs to get them to Black, Indigenous and Hispanic Americans can help close the health inequality gap.
Consider the plight of a time series econometrician who wants to do a quick and dirty forecast for the next year, conditioned only on past information...
Forget Goldilocks: El-Erian Doubts "Transitory" Narrative, Fears "Increasing Risk Of Instability" Authored by Mohamed El-Erian, op-ed via The Financial Times, Too much confidence is placed in...
Welcome To The "Post-COVID Luxury Spending Boom" Now that the Covid panic is starting to subside, the "boom" is beginning. Especially in the luxury goods market....
In 2021, The Hamilton Project has been doing a deep dive into social insurance in the United States. Our capstone analysis shows that social insurance plays...
When Will The Supply-Chain Collapse Finally Stabilize: Here Is Goldman's Take As we have been documenting daily (most recently in "More Container Ships Score "Astronomical" $100,000/Day...
Appraisers decry them as counterproductive, even exploitative middlemen, while lenders offer a pat on the back for keeping them one step ahead of government auditors. We...
Freedom is the freedom to say that two plus two make four. If that is granted, all else follows. George Orwell, 1984 I have said many...
Remember five years ago, when Olivier Blanchard was saying that Japan would face a solvency crisis and be forced to inflate away its debt within the...
Widespread vaccinations and relaxed CDC restrictions have stimulated a robust economic rebound. Since the start of the pandemic, the U.S. unemployment rate declined dramatically from a...
All 23 US Banks Easily Pass Fed's Stress Test, Setting Stage For Billions In Buybacks As we previewed earlier, today the Fed would release the latest...
Victor Davis Hanson: The Systemic Con Behind Wokeism Authored by Victor Davis Hanson via AmGreatness.com, There are lots of reasons why wokeism spread like wildfire once...
Climate change, in its impacts on our society, will have the capacity to destabilise and push social, political and economic systems to their limits. We will...
Since the 1980s, slower economic growth in the industrial countries has been accompanied by declining interest rates. They have even turned negative in more recent years....
An obvious point on the pace of job growth, that I had not paid attention to in recent months, is that it is easier to recall...
Much like "Humpty Dumpty," despite the Fed's best efforts, you can't create permanent inflation from artificial growth. Currently, depending on whether you are "bullish" or "bearish,"...
Wednesday’s policy meeting was supposed to be a non-event. The Federal Reserve was widely expected to leave interest rates pinned near zero while the central bank...
Luis Garicano has just posted a very interesting free e-book, "Capitalism after covid: Conversations with 21 economists." I was honored to be one of his interviewees,...
Statistics Canada’s measure of what it would cost homeowners to replicate their current living conditions increased at the fastest rate in 34 years in May, sparking...
- by New Deal democratIn May housing permits (blue in the graph below), including the least volatile single family permits (red, right scale), continued to decline...
The outbreak of COVID-19 could be used as a building block in the future to reinforce international co-operation and strengthen the pillars of globalization.
Questions For The Fed: When Do Inflation & Financial Risks Force A Change In Policy by Joseph Carson, former chief economist at Alliance Bernstein If I...
Is "Running Hot" Inflation Wise And Humane? Authored by Michael Lebowitz via RealInvestmentAdvice.com, “To me, a wise and humane policy is occasionally to let inflation rise...
Is "Running Hot" Inflation Wise and Humane? "To me, a wise and humane policy is occasionally to let inflation rise even when inflation is running above...
Charts That Should Scare The Pants Off The Fed (And Probably Do) Authored by Mike Shedlock via MishTalk.com, Let's investigate the relationship between the Fed's QE...
Despite the beating its economy has taken in recent years, Alberta won’t be getting the equalization payments enjoyed by other disadvantaged provinces from the federal...
Normally, giving declines when the economy contracts. But charitable donations grew anyway, two researchers explain.