Where Are All The Cars?
The Auto Market Is Missing About Five Million Domestically-Produced Vehicles
Semiconductors
6 postsCan Supply Shortages Be Persistent? Can Broad-Based Effects Prove To Be Temporary?
For those who have followed my Twitter feed, you will know that I have long pointed out that "narrow vs broad-based," "transitory vs persistent," and "supply vs demand" are not three ways of saying the same thing.
The Physical Capacity Shortage View of Inflation
Repeated price crashes in a variety of industries led to a situation of underinvestment in productive capacity that created the conditions for the inflation we see today.
Preventing The Next Shortage: A Framework For Industrial Policy
Throughout our series on semiconductors, we have used the semiconductor industry to explore big questions in economic theory and industrial policy. Today, we offer a positive account.
A Brief History of Semiconductors: How The US Cut Costs and Lost the Leading Edge
This post is the second in a series that uses the history and economics of the American semiconductor industry to ask big picture questions about the future of fiscal policy and industrial policy.
