The USMCA is actually mostly identical to NAFTA, which is fine since NAFTA was a good agreement.
What’s the point of characterizing the stance of monetary policy as “loose,” “tight,” or “neutral”? Presumably as a guide to what the policy should be.
On a podcast with the economist N. Gregory Mankiw.
Artificially ‘cheap’ interest rates are a lot more expensive than they seem . . .
As I discuss in my latest Bloomberg column, two-thirds of workers have higher incomes on unemployment than they had from working.
The next chapter in the long battle over efforts to stabilize the euro zone will be dominated by pushing and shoving ahead of a summit due for July 17/18.
It’s a statement of the obvious that savers have been badly hit by the ultra-low interest rates that have been the norm since the financial crisis.
Right now, the only U.S. domestic source of rare-earth minerals is the Mountain Pass mine in California.