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Chastened Economists Hopeful for US Soft Landing, Fed Rate Cuts

Chastened Economists Hopeful for US Soft Landing, Fed Rate Cuts
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

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Chastened Economists Hopeful for US Soft Landing, Fed Rate Cuts

Chastened Economists Hopeful for US Soft Landing, Fed Rate Cuts
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Economics & Marginalia: August 25, 2023

Through the summer, I’ve had a few excuses for the links showing up at random times, or disappearing: technical disasters, our automated system crashing, unexpected illnesses and the like. But for the next two weeks, it will be none of these things that keep these links away from you: I am going on an honest-to-god holiday, the kind with beaches, pools, Dashiell Hammett and John Mortimer by the pool (in book form, I’m not having a holiday with a medium) and my son eating all the prawns off my plate. I haven’t quite finished my whole to-do list, so I’ll be working for another couple of hours yet, but once I cross off the last item from that list, I’m closing my laptop and ignoring my emails for the first time in a long time.

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Economics & Marginalia: July 14, 2023

One of the joys of being a cricket fan is following the Guardian’s Over-by-Over (OBO) commentary on the day’s cricket. I discovered it while working Malawi and trying to surreptitiously keep track of the Sri Lanka tour of England in 2006 (this was the tour in which Murali took the first 8 wickets to fall in England’s second innings before Chamara Kapugedera ran out Matthew Hoggard, much to the horror of every Sri Lankan on earth, Kapu’s friends and family included; it was followed the ODI in which we chased 300+ on the basis of twin centuries from Sanath Jayasuriya and Upul Tharanga as openers). I don’t raise this out of pure nostalgia, though it is incredibly nostalgic to think of a competent Sri Lankan team, but because of a quirk of the coverage: every so often, an over would be missed, or there would be an inexplicable 15 minute break in the coverage (you knew because you were clicking the refresh button every 15 seconds, it was not a very productive summer).

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What is empirical macroeconomics? Emi Nakamura explains. : Planet Money : NPR

When it comes to big questions about the economy, we're still kind of in the dark ages. Why do some economies grow so much faster than others? How long is the next recession going to last? How do we stop inflation without wrecking the rest of the economy? These questions are the domain of macroeconomics. But even some macroeconomists themselves admit: While we have many theories about how the economy works, we have very few satisfying answers.Emi Nakamura wants to change all that. She's a superstar economist who is a pioneer in the field of "empirical macroeconomics." She finds clever ways of using data to untangle some of the oldest mysteries in macroeconomics, about the invisible hand, the consequences of government spending, and the inner workings of inflation.Recently we called her up to ask her why the economy is so difficult to understand in first place, and how she's trying to find answers anyway. She gets into all of that, and how Jeff Goldblum shaped h

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