Supply-Side Tools for a Supply-Side ProblemJune 20, 2022
An effective response to inflation – and to the more systemic supply demand mismatch that threatens the US economy – requires pairing the Fed’s monetary policy band-aids with investment in supply.
The Week That’s Done: June 19June 20, 2022
Washington brings supply-side tools to a demand-side fight; the EU fares no better. Meanwhile Moscow turns off gas to Europe while Beijing continues to snipe chip tech. Plus: All eyes on Xinjiang, the Yen, and the WTO's pyrrhic victory.
Markets Briefing: Week of May 2May 7, 2022
As inflation soars, the Fed tightens the screws – and markets balk; the real economy weathers the storm better than most; both government and private sector double down on EV supply chains.
We Can Avoid Recession. But We Need to Fix SupplyApril 22, 2022
What if, in addition to immediate, demand-side monetary policy quick fixes, Washington was to set about investing in production of critical inputs, manufacturing facilities, and improved logistics systems? It’s entirely possible, and necessary.