Where High Rates are Restricting Investment
In this piece, we take a deeper dive into the finer details of the national accounts to gain some insight into how exactly monetary policy is restricting investment.
Supply Side
14 postsIt Wasn't AI: How Fiscal Supports, Supply Chain Healing, & Full Employment Explain Exceptional Productivity In 2023
The productivity data is messy and often should not be taken at face value. Our "Cautious Case For Productivity Optimism" in the summer of last year...
Three Motivations for Interest Rate Normalization: A Playbook for Fed Policy in 2024
What steps should the Fed take to preserve the hard-earned recovery in the labor market? We present a path for the Fed in 2024.
In The Right Context, Full Employment Can Support A Pickup In Productivity
Summary Amidst all of the understandable concern with inflation and recession risks, the evidence continues to foretell a welcome inflection point on the horizon—a rare procyclical upturn...
In The Right Context, Full Employment Can Support A Pickup In Productivity
Summary Amidst all of the understandable concern with inflation and recession risks, the evidence continues to foretell a welcome inflection point on the horizon—a rare procyclical upturn...
