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Palo Alto's Help Wanted Signs Tell Ignored Economic Truths
3+ hour, 39+ min ago (367+ words) The ambitious of all stripes flock to where the economic growth is. Which is no insight. Where growth is greatest, so are wages. It calls into question Anthropic co-founder Dario Amodei's recent contention that the "natural policy response to an…...
Hot Headline, Cooler Reality: What the PPI Really Shows
20+ hour, 22+ min ago (461+ words) The January Producer Price Index landed with a predictable media spin: "hotter than expected" and therefore proof that tariffs, Trump, and the so-called "new protectionism" are reigniting inflation. That narrative collapses under even modest scrutiny of the underlying data." Now…...
America Knows That President Trump Is Working On Affordability
1+ day, 20+ hour ago (18+ words) America Knows That President Trump Is Working On Affordability'RealClearMarkets America Knows That President Trump Is Working On Affordability...
The Birthrate Obsession: A Sign That Keynes Still Pollutes Economics
2+ day, 13+ hour ago (386+ words) Why were there no billionaires in the 19th century? Tick tock, tick tock" No doubt those with an Austrian or Monetarist School bent would say that the scarcity of billionaires was rooted in a lack of a central bank. They oddly,…...
Fed Independence Is Sacred, or So We've Been Told
2+ day, 20+ hour ago (497+ words) For the better part of a year, many had become convinced that the Federal Reserve's independence was in its final days. Both prongs have problems." On the first, the captured FOMC: the January minutes. Several Fed officials raised the possibility…...
Fed Independence: Sacred, or So We've Been Told
2+ day, 20+ hour ago (208+ words) For the better part of a year, many had become convinced that the Federal Reserve's independence was in its final days. The narrative rested on two prongs. First, an FOMC browbeaten by relentless public attacks, threats of removal, and a…...
Consumer Confidence Turns Upward As Expectations Catch Up With Reality
3+ day, 20+ hour ago (659+ words) The latest Conference Board Consumer Confidence report points to an important inflection point: consumer expectations are starting to align with improving economic fundamentals. With inflation running below what many households still anticipate and growth remaining resilient, consumer confidence is beginning…...
There Is a Debt Crisis, But It's Unseen and Not Even Discussed
3+ day, 20+ hour ago (508+ words) Scholars at Brookings, Cato, Hoover, along with adjacent pundits, have been promising a "crisis" related to the national debt for decades. Despite so many of the wise so confidently predicting... There Is a Debt Crisis, But It's Unseen and Not…...
The US Dollar: From Exceptional To Average?
3+ day, 20+ hour ago (41+ words) The US Dollar: From Exceptional To Average?RealClearMarkets The US Dollar: From Exceptional To Average? The dollar's slide last year looks less like a sudden break and more like the culmination of pressures that have been gathering for a while....
The End of the Federal Government's Debit Card 'Inflation' Scapegoating
4+ day, 2+ hour ago (164+ words) Say what you will about the Trump administration "yes, it still spends too much money, and yes, it still overregulates the economy "it deserves credit for jettisoning all the Biden administration's scapegoating of the private sector forinflationina very shortamountof time....