On Jobs

An issue on which economists’ thinking differs most distinctly from that of non-economists is jobs. The economist understands that jobs are always available.

ESG as an Artifact of ZIRP

Founding myths tend to be mired in obscurity, and like many other investment trends, the roots of environmental, social, and governance (ESG)

Persistently Pesky Price Pressures

Inflation remains stubbornly high. The Personal Consumption Expenditures Price Index (PCEPI), which is the Fed’s preferred measure of inflation, increased 0.6 percent