
This Inflation Is Demand-Driven and Persistent
Apr 20, 2022 emphasizes that all the stories about supply shortages cannot explain the economic big picture.
Jason Furman, a former chair of President Barack Obama’s Council of Economic Advisers, is Professor of the Practice of Economic Policy at Harvard University’s John F. Kennedy School of Government and Senior Fellow at the Peterson Institute for International Economics.
Apr 20, 2022 emphasizes that all the stories about supply shortages cannot explain the economic big picture.
Feb 25, 2022 cautions against reading too much into the initial market reaction to Russia's invasion.
Jan 17, 2022 ascribes near-universal forecasting errors in 2021 to not taking economic models seriously enough.
Jul 18, 2018 shows how foreign-born workers provide net benefits and help economies realize their full potential.
Jan 19, 2018 urges policymakers to focus less on aggregate data and more on how measures affect specific welfare goals.
Nearly three months after Russia launched its invasion, Western countries appear more committed than ever to Ukraine’s defense, and, in some quarters, to Russia’s defeat. We asked PS commentators what outcome the West, Russia, and Ukrainians themselves can realistically expect.