- June 29, 2021
Too Much Capital, Not Enough Labor
I try not to blame economists for being wrong. I think most try to interpret the data fairly. It’s easy to miss (or misunderstand) important information.
Read moreConnecting the Dots Archive, June 2021
- June 15, 2021
Hyperinflation, COVID-Style
The US Consumer Price Index is up 5% since May 2020, according to data released last week. This was the largest 12-month increase since 2008.
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- June 8, 2021
The Labor Shortage May Be Permanent
According to some business owners and Wall Street pundits, US employers can’t hire enough people because unemployment benefits are too high. We’re paying people not to work, they say.
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