"Rushing in to confront a crisis is always better than letting it simply unfold."

"A bigger-than-expected jump in inflation means the Fed may have to get more aggressive about interest rate hikes. An obscure economic indicator suggests it has room to do so."

>"Economists and politicians are debating whether monopolistic companies are fueling inflation in ways that confound longstanding theory."

"Daniel J. Arbess thinks central banks’ quantitative tightening could have dire consequences for fiscal and debt sustainability."

>"Obama’s undersized stimulus in 2009 doomed America to an economic lost decade."

"John H. Cochrane shows how the return of inflation is forcing pundits and policymakers to abandon wishful thinking."

>"As communities across the United States receive pandemic relief money, fierce debates have erupted over priorities, and who has the power to set them."

>"It is the largest government relief effort in recorded history, and two years after Covid-19 crisis began, money is still flowing to communities. Here’s where it went and how it was spent."

"few pieces of legislation have done more in a critical moment in our history to lift us out of crisis" Today, a must read on how the Am Rescue Plan led to less long-term econ hardship or “scarring” than any recovery in 50+ yrs."

"Current stimulus measures are insufficient to boost long-term loans and investment in the real economy amid low private-sector confidence. More accommodative monetary policy and greater regulatory transparency could go a long way to _...Read More_

"The American Rescue Plan was a major factor in driving inflation. It’s up to the Federal Reserve to address the fallout."

>"To fix current economic troubles, the U.S. needs to reform public finances with an eye toward long-term stability and follow a more sensible long-term monetary policy."

"An academic paper found that destroying the Death Star would trigger an economic crisis in “Star Wars'” fictional universe."

"Society can choose to have milder recessions, provided it knows this means less growth in the future, but policy-makers never present these trade-offs."

>"One concern is that political leaders will mismanage things in the world’s largest and second-largest economies."