mastodon
4.6.0-nightly.2026-03-16
Academic and writer for the New York Times
Another utility post: Truflation, a crypto-backed site that purports to offer an improved measure of inflation, doesn't offer a permalink to its estimate. But here's what it looks like
Utility post: I'm working on Claudia Goldin, and trying to put the economic important of rising female labor force participation in context. Between 1970 and 2000 the female LPR rose about 17 points, so an increase in overall labor supply of ~8 percent 1/
Utility post; not gonna give Musk content when I can help it. Three-year inflation rates since Reagan
I've been neglecting this account. Testing whether I can use it to post figures
Olivier and I are on the same page. Once inflation is tamed — which seems to be happening surprisingly fast — we'll be back in an era of low rates and excess savings https://www.piie.com/blogs/realtime-economics/secular-stagnation-not-over
We'll get more data in the weeks ahead, but at this point the burden of proof lies on anyone claiming that we had more than a, well, transitory inflation spike that's mostly behind us 6/
One thing I've been noticing in my correspondence is how many people think inflation is still running wild; the big deceleration in the 2nd half of 2022 hasn't broken through to public consciousness 1/
In which Jamie Dimon gives me the excuse for some bad jokes https://www.nytimes.com/2023/01/20/opinion/bitcoin-gold-inflation.html
Making the debt ceiling story as simple as I can. But it's difficult to get people to understand something when their political posturing depends on not understanding it https://www.nytimes.com/2023/01/19/opinion/columnists/democrats-debt-ceiling.html