Wonking Out: Taking the ‘Flation’ Out of Stagflation
The trench seems to have recovered its anchor, or something.
Economists' blogs
Crazies, Cowards and the Trump Coup
We need moral courage, but it’s very rare.
Why Did Republicans Become So Extreme?
It’s all about resentment of what makes America great.
Technology and the Triumph of Pessimism
Why didn’t economic progress make society better?
4 Myths About Raising the Minimum WageThe federal minimum wage...
4 Myths About Raising the Minimum WageThe federal minimum wage of $7.25 an hour has not been raised since 2009. That’s the longest period without an increase since the minimum wage was enacted, meaning today’s minimum wage is actually worth far less than it was in 2009.This is an insult to American workers, and bad for our economy. It’s far past time to raise the minimum wage to at least $15 an hour. ******Btw, if you’d like my daily analyses, commentary, and drawings, please subscribe to my free newsletter: robertreich.substack.com******Today’s minimum wage is a starvation wage.
Wonking Out: Hot Economies and High Prices
An overview of the changes in inflation analysis.
Beware the Dangers of Sado-Monetarism
The Fed mustn’t get bullied into excessive harshness.
Is the Era of Cheap Money Over?
The fundamentals behind low interest rates haven’t gone away.
Wonking Out: Wasn’t Bitcoin Supposed to Be a Hedge Against Inflation?
Another crypto myth bites the dust.
What Is Golf’s Problem? Sellout Culture.
The Bone Saw Tour is a symptom of broader corruption.
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