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The Three Open Questions When it Comes to Our Cost-Push Supply Shock Inflation
In which we seek to lock down better answers for everything that just happened in light of the historic disinflation of the past year.
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Mike Konczal
1
What to Expect of the Expectations Debate
Responding to Larry Summers, sharing some slides, expressing skepticism on the arguments, and setting up some terms for how people will talk about…
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Mike Konczal
Will The ‘Last Mile’ Of Inflation Be the Hardest? Three Reasons Why It May Not.
A place to organize my thoughts, debut my new inflation density app, put code somewhere, and outline some things I'm watching on the inflation front as…
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Mike Konczal
1
Inflation Came Down and Everyone Was Right
Inflation has been falling over the past year, yet, inconsistent with 'mainstream macro,' unemployment has not increased. What are some of the reasons…
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Mike Konczal
3
A Better AEI Graphic of Inflation Over the Past 20 Years
What happens when we take the AEI graphic of items that have had high and low inflation, but extend it to all categories?
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Mike Konczal
3
What Does Powell Think About Wages Now That ECI Is Near Its Trendline?
Tracing some of the consequences of one of my favorite graphics that I've been following, including for all things labor market dynamism related.
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Mike Konczal
1
Do We Need a Recession Because Wages Are Too High? 5 Responses Answering No.
A survey of the universe of responses pushing back on the idea that wages are so high we need a recession to bring them down in order to tackle…
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Mike Konczal
1
We Just Can't Quit Job Openings (and Whether Various Unemployment Measures are Moving at a Commensurable Rate Alongside Them)
A reply to Jason Furman and Wilson Powell III on their recent look at job openings and employment flows data.
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Mike Konczal
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