Carol Frey
@carolfrey.bsky.social
Reposted by Carol Frey
Being able to drop a quarterly US GDP prediction by 5.1% from +2.3% to -2.8% in a single week is one of the most impressive economic developments in the history of the world.
March 4, 2025 at 9:02 AM
Being able to drop a quarterly US GDP prediction by 5.1% from +2.3% to -2.8% in a single week is one of the most impressive economic developments in the history of the world.
Reposted by Carol Frey
Guaranteed that by now the G20 has branched off a separate group chat without him in it
January 27, 2025 at 3:29 AM
Guaranteed that by now the G20 has branched off a separate group chat without him in it
Reposted by Carol Frey
As I teach my econ history students, Milton Friedman argued one that we are "drifting towards collectivism".
As I tell my students, he was very wrong.
It is the case federal employment has effectively stagnated across that last 60 years.
As I tell my students, he was very wrong.
It is the case federal employment has effectively stagnated across that last 60 years.
Maybe its ok to cut 75% of federal employees because there are so many of them? No.
We have about the same number of feds as we had in the 1960s. As a percentage of the population, they are at historical lows. (We actually need more employees, esp. younger employees, but good luck recruiting them).
We have about the same number of feds as we had in the 1960s. As a percentage of the population, they are at historical lows. (We actually need more employees, esp. younger employees, but good luck recruiting them).
November 17, 2024 at 2:25 AM
As I teach my econ history students, Milton Friedman argued one that we are "drifting towards collectivism".
As I tell my students, he was very wrong.
It is the case federal employment has effectively stagnated across that last 60 years.
As I tell my students, he was very wrong.
It is the case federal employment has effectively stagnated across that last 60 years.