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Jason FurmanThe Atlantic |
The news is good. Really.
The future of the field is still up for grabs.
Which way is up?
And the market is gently shrugging.
Will anyone be in charge?
There are some possible explanations for what’s happening with seemingly conflicting macroeconomic data.
Economic data suggests labor supply and immigration changes are affecting job growth. The Federal Reserve can’t fix that, but Trump can.
Trump’s move to fire a Federal Reserve governor threatens the independence of the central bank. Its autonomy is not lost, but three institutions...
Most of us just accept that government economic data is the best possible estimate of the economy. That could change, and that would be bad for all of...
Well, it’s complicated.
The big, beautiful bill is a horror. It’s also an opportunity.
Trump has many arguments for tariffs. They’re all wrong.
And the Tragedy of Bidenomics