Neil Irwin
Posts
There Is Shadow Inflation Taking Place All Around Us
Some companies haven’t been raising prices. Instead, they’ve been cutting back customer services and conveniences, but how should that be measured?
The New Jobs Report Numbers Are Pretty Good, Actually
They fell far short of analyst expectations, but they reflect a steady expansion that is more rapid than other recent recoveries.
The New Jobs Numbers Are Pretty Good, Actually
They fell far short of analyst expectations, but they reflect a steady expansion that is more rapid than other recent recoveries.
The Economy Looks Solid. But These Are the Big Risks Ahead.
One concern is that political leaders will mismanage things in the world’s largest and second-largest economies.
Should Biden Reappoint Jerome Powell? It Depends on His Theory of Change.
Lael Brainard is more aligned with the president, so picking her may please Democrats. Powell may have a more bipartisan seal of approval.
Some Say Low Interest Rates Cause Inequality. What if It’s the Reverse?
With an increasing share of the world’s wealth in the hands of its top earners, a savings glut is pushing asset prices up and interest...
Some Say Low Interest Rates Cause Inequality. What if It’s the Reverse?
With an increasing share of the world’s wealth in the hands of its top earners, a savings glut is pushing asset prices up and interest...
How Should the Fed Deal With Climate Change?
When the economy hits hard times, survey data shows, people are less likely to worry about the environment.
Biden and the Fed Wanted a Hot Economy. There’s Risk of Getting Burned.
So far, in a real-world test of a new approach to economic policy, prices have been rising faster than wages.
Will the Pandemic Productivity Boom Last?
Fewer workers are making more stuff. If it lasts, that’s big news for the economy of the 2020s.