UPenn: Ben Franklin Would Be Proud
UPenn and seven other universities have said “no thanks” to the Trump administration’s attempt to influence the affairs of these universities. What is at stake?
Denominator Blindness: Senator Johnson, Tylenol, and Barry Ritholtz
Hat tip to Barry Ritholtz for triggering today’s discussion. Readers may draw their own conclusions about Tylenol, ivermectin, and US healthcare; but Barry’s point about denominators is crucial.
An Explainer Video: The Fed – Rules and a Stable Nominal Anchor
The gist of Bob Hetzel’s proposal for Fed communications strategy is outlined in this short video explainer that you don’t have to be a dedicated Fed watcher to follow.
Screening, Discussion, and Interview: 20 Days in Mariupol
The Oscar-award-winning documentary 20 Days in Mariupol captures the first 20 days of the Russian invasion of Ukraine, as Ukrainian citizens’ lives and their city are torn apart. How to watch.
What Comes After a Pandemic Shock?
Jim Bianco helps to answer to this question using a series of charts. Pandemic shocks produce changes of lasting duration, and we are seeing them now.
Kotok Quick Take: Gold, Electrical Power, and Possibility
I offer a few quick notes on the rising price of gold and the possibility that its high price can help rebuild US infrastructure.
The Fed: Rules and a Stable Nominal Anchor
We are pleased to publish this guest commentary about the Federal Reserve and the discussion currently underway about proposed changes concerning the Fed. Its author, Robert Hetzel, served as a senior economist at the Federal Reserve Bank of Richmond and is now retired. We thank Bob Hetzel for sharing his thoughts with our readers. “Rules […]
Ben Franklin Is Rolling Over in His Grave
I weigh in on the Trump administration’s appalling, disruptive, and shameful attempt at intervention in the affairs of a private university (UPenn).
The Lisa Cook Affair: An Extraordinary Amicus Brief
The amicus brief filed with SCOTUS on behalf of Lisa Cook and focused on Fed independence, is historically unique and vitally important. The list of “amici” warrants reading.
Government Shutdown
If a shutdown results from this political impasse, who benefits? Who suffers? Let’s talk.