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2 months

Shifts in How the Fed Perceives the US Economy

For the first time since 2012, the Federal Reserve has updated its "Statement on Longer-Run Goals and Monetary Policy Strategy," and has produced a useful "Track Changes" version of the alterations.

2 months

What is a Good Job in 2020? Here's What the Evidence Says

On the surface, it's easy to sketch what a "good job" means: having a job in the first place, along with good pay and access to benefits like health insurance.

2 months

Step-Change at the Fed – Reaching for the Stars

·        The Federal Reserve has changed the emphasis of their dual mandate ·        Inflation targeting will become more flexible in the long-run ·        Full employment has become the Bank’s priority ·        Asset markets will be the immediate beneficiaries

2 months

Have Americans Been Overworking?

There was a time, about 60-70 years ago, when the typical American worker spent several hundred fewer hours on the job each year compared with worked in major European economies.

2 months

The U.S. Dollar Collapse Is Greatly Exaggerated

The US Dollar Index has lost 10% from its March highs and many press comments have started to speculate about the likely collapse of the US Dollar as world reserve currency due to this weakness.

2 months

Wearing Face-Masks: The Mixed Evidence

What does the actual scientific literature say about wearing a face mask to prevent the spread of COVID-19?

2 months

The History of the Fish Stick: The Ocean's Hot Dog

There comes a time in the life of every parent where you are trying to toss together a dinner in the next 20 minutes that you already have in the house, that can stand to serve your small children, and that your small children are willing to eat. For us, as for many parents, fish sticks were one item in our rotation of possibilities. 

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