BACKGROUND One of the main economic stories of 2022 was rising inflation and the corresponding rise of (nominal) interest rates to combat them. While inflation has come down from its peak, the …
Background The defining economic event of 2022 was inflation, a concept that the average American (Average Age: 39) has had little experience with. This is because the United States has had remarkable …
SUPPLY CHAIN REACTION I, Pencil is an essay published in 1958 detailing the complex supply chains involved in creating an ordinarily lead pencil. It involves the labor and capital inputs …
If a problem cannot be solved, enlarge it. Dwight D. Eisenhower As 2022 started, my personal thesis was that inflation, notably food and fuel inflation, would be significant, providing U.S. …
January gets its name from the Roman god Janus, a two-faced god that presides over doors, gates, and thresholds— the lord of all comings and goings. As we look to …
BACKGROUND Amazon became the latest major technology company to announce plans to lay off about 10,000 employees, its largest round of job cuts yet. They’ve joined the likes of Twitter, Meta, and …
The subject of generational gaps is now mainstream, with “OK Boomer” and entitled children memes proliferating online. Yet, there remains a lack of credible academic research on the subject. Most …
BACKGROUND Time is running out for unprofitable zombie companies as central bankers worldwide continue to raise interest rates and engage in quantitative tightening monetary policy. As access to easy and …
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