Herbert Stein, former Chair of the U.S. Council of Economic Advisors for R.M. Nixon, reminded his colleagues that “if something cannot go on forever, it will stop”. History is littered […]
Latest Posts from the Center
View All PostsHas the US started to import inflation from Asia? by Melih Firat
Over the last 12 months, inflation has increased 5.4 percent in the US. Stoked by a leap for energy prices and a hefty 4.3 percent rise for core inflation. Throughout […]
Only Two Months of Pain? Not Even Close
The Pandemic recession lasted two months, the National Bureau of Economic Research decided this week—more than a year after the supposed end of the recession in April 2020. That is […]
Does the 2021 Boom Lock the U.S. into 2023-2025 Gloom?
The Congressional Budget Office has issued some dire forecasts about the U.S. economy, which is causing alarm in some quarters. But do those forecasts make sense? As Andrew Van Dam […]
Jobs Easy To Get, They Say
Americans are more enthusiastic about the job market than they have been at any time in the past half century. And yet the official unemployment rate is well above what […]