Last month, the World Economic Forum (WEF) published its Global Competitiveness Report. The topics are broad and the questions are varied. Based on Executive Opinion Surveys from 126 economies, the answers are supposed to provide insight about short and long…
The One Letter That Shows the Shape of the Economic Recovery
When we use the alphabet to describe an economy recovery from the coronavirus, rather than an “L” or a “V,” some economists now suggest a “K.”
Not Quite a Goldilocks Recovery
To decide the strength of our economic recovery since the Great Recession, we can use seven numbers or just one that might be most important.
Weekly Roundup: From New Drachma to Old Monetary Dilemmas
Our everyday economics includes foreign exchange, human capital, economic growth, GDP, inflation, unemployment, monetary policy, tradeoffs and deleveraging.
Pondering the Bunker Hill Theory of Inflation
As the source of monetary policy, the Federal Reserve has to decide if interest rates should rise when inflation is low but a jobs recovery has begun.