The new global inequalities
The new World Inequality Report stresses the hyperconcentration of wealth in all world regions as well as the very slow progress in the fight for gender and environmental equality
https://t.co/MgknxHjmps
Card, Angrist, and Imbens didn't just discover interesting stuff about the economy -- they made economics more like a science.
This change has already shaken the field to its core, and will continue to do so.
My thoughts on this year's Econ Nobel.
https://t.co/flQNCG7Ptr
The disruptions in U.S. supply chains are serious and widespread—but are likely to be transitory. They reflect an economy that is pivoting from recession to growth faster than many businesses expected. New CEA blog post here: https://t.co/5OvUkiQdIL 1/
New @sffed analysis finds the $600 UI supplement had little disincentive effect, and that the current $300 add-on has likely "been making a small but likely noticeable contribution to job-finding rates and employers’ perceptions of worker availability."
https://t.co/rQq6GNRw6z
An expected temporary rise in inflation poses little risk. But leaving 10 million workers on the sidelines leaves lasting damage. Let's remember the dual mandate is price stability AND full employment.