Former Treasury Secretary and Obama's head of the White House National Economic Council advisors, Larry Summers, has become something of a darling of the right-wing media, solely for the reason that
The Federal Reserve Board is tasked with two objectives: (1) keep inflation at or below 2% annual growth, and (2) try to achieve full employment. Christopher Leonard, author of “The
Last Friday’s Consumer Price Index report showed consumer prices rose 8.6 percent from a year earlier and 1 percent from April — a monthly increase that was more rapid than
The investor class aka the predator class in the casino capitalism of Wall Street drove the stock market to unprecedented levels, despite a global pandemic and the recession it created.
Lydia DePillis in an op-ed at the New York Times explains, Is ‘Greedflation’ Rewriting Economics, or Do Old Rules Still Apply? There are few good things about living through a