Grumpy Economist: An Inflationary Choice?

[ad_1] Torsten Slok from Apollo.Thorsten explained The current upper and lower prices show that the market believes that the probability that the inflation rate will be above 3% in the next five years is 30%, and the probability that the inflation rate will be below 1% is 5%. Please refer to the table below. In […]

Define inequality, so it cannot be resolved

[ad_1] In one of their excellent series of articles in The Wall Street Journal, Phil Gramm and John notice in advance Traditional income inequality figures report income distribution Before taxes and transfers. After taxation and transfer, income inequality will be flat or reduced, depending on your starting point. Source: Phil Gram and John Al in […]

We are hiring part-time copy editor/fact checker

[ad_1] Accuracy, rigor and clarity are the core values ??of FiveThirtyEight, and we are looking for people who can share with others. FiveThirtyEight is hiring a part-time copy editor and fact checker to join its copy desk and help ensure that our stories, diagrams, videos and interactive graphics comply with the site’s methodological rigor, clear […]

The Grumpy Economist: Back to the 60s.

[ad_1] Marginal revolution links to a great read on contemporary macroeconomics from J.W. Mason. It’s mostly wrong, I think, but very thoughtfully puts together the wrong ideas behind contemporary policy macroeconomics.   Briefly, debt doesn’t matter and there are no effective supply constraints. Borrow, spend without limit is the key to prosperity.  The fact that […]

Wake up the good and bad news of war

[ad_1] The famous statistician RA Fisher, got canceled Cambridge University works, and a beautiful stained glass window Bari Weiss has A great paper It depends on the development of the elite middle school, but includes the first traces of secret resistance. The coverage is as follows. This New York Times Allow Brett Stephens to be […]

Conversation with Taylor Cohen

[ad_1] Conversation with Taylor Podcast interview. Perhaps foreseeable, this is the most challenging interview/podcast I have ever done.video Here And embed below Update: My comments on effective markets and active management provoke a lot of emails. I mentioned Jonathan Berk (Jonathan Berk). I should also mention his co-authors Rick Green and Jules Van Binsbergen. He […]

How fast is the economic recovery?

[ad_1] In the past year, the economy has been on a long and difficult path to a “normal state” after the pandemic. it’s not finished yet. This page (which we plan to update every month) will tell us how far we need to go before the economy returns to the pandemic and kills most of […]

Will the stimulus inspection debate over $2,000 help the Democrats in Georgia?

[ad_1] Congressional Democrats are Strive to give most Americans $2,000 The stimulus check is considered to be a quick and direct way to help millions of Americans cope with the economic slowdown caused by the COVID-19 pandemic.President Trump Support for payments of USD 2,000Yes, but most Congressional Republicans don’t. Due to opposition from the Republican […]

In a long and strange year, we have produced 40 of the strangest (and best) charts

[ad_1] During 2020, FiveThirtyEight’s visual reporters reported on historic elections, unprecedented sports years, raging epidemics and free-falling economies. So, to end this long, strange and difficult year, we will continue to celebrate the tradition of the best (and strangest) charts published in the past 12 months. The charts are grouped by topic, but are not […]