More in Global Economy


3 years

Why Some of the Shift to Telecommuting Will Stick

It seems to me that the tone of the discussion surrounding the pandemic-induced shift telecommuting has been changing.

3 years

Is It Time to Rethink Federal Budget Deficits?

Jason Furman and Lawrence Summers are prominent Democratic-leaning academic economists, but not among those whose names have been put forward for prominent economic policy positions in a Biden administration--which leaves them free to be a little iconoclastic.

3 years

Cancelling Plans for a Robo-Apocalyse?

We know from historical experience that it's common to hear prophesies about how new automation technologies will wipe out jobs.

3 years

When Hamilton and Jefferson Agreed! On Fisheries

As all of us who learn our US history from Broadway musicals know, Thomas Jefferson and Alexander Hamilton disagreed on everything.

3 years

New Lockdowns And More Rigidity Are Disastrous For U.S. Jobs

U.S. jobless claims have picked up since the elections. The second wave of coronavirus has slowed down the economic recovery.

3 years

Stock Market: Relax, Rotate, Reflate

With US elections over and a vaccine in sight, financial market uncertainty has declined Rotation has seen a resurgence in those stocks battered by the onset of the pandemic Monetary and fiscal spending will continue until inflation returns November has been an interesting month for financial markets around the world. The US Presidential election came and went and with its passing financial market uncertainty diminished.

3 years

Thanksgiving: The Dominance of Peoria in the Processed Pumpkin Market

As I prepare for a season of pumpkin pie, pumpkin bread (made with cornmeal and pecans), pumpkin soup and perhaps a pumpkin ice cream pie (graham cracker crust, of course), I have been mulling over why the area around Peoria, Illinois, so dominates the production of processed pumpkin.