An absence of price increases would reflect an economy that is still struggling.
If Democrats listen to fiscal hawks, they will face a reckoning in 2024.
The conditions that justified inflation worries a half-century ago no longer apply.
If the U.S. falls into recession in the next year or two, the Fed may have very little room to loosen policy.
Key economic data suggest that the current recovery has been unnecessarily anemic.
What if many of the assumptions underlying the conventional wisdom about inflation no longer apply?
Ultimately, the Reagan tax cuts hammered manufacturing in the Midwest, creating what is now known as the “Rust Belt.”
Inequitable economic growth has created a strong political and psychological need for scapegoats.
The Fed’s forecast seems to have significantly overstated the strength of the US economy.
Manufacturing's share of the total U.S. job market has actually been in decline since World War II.
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