Air Waybill
@marginl.bsky.social
Econ. NIPA. I’ve been going over NIIFA as it relates bal of Payments. FoF. The pt has been to interject trade in small doses. Hard to do The goal here is a safer exchg w ppl U respect. Hold urself to same standards. We saw what happens when stds aren’t ke
Kinda sad throwback to 30yrs ago b4 we had real scientific stds for the fields. For a field that’s done SOOO MUCH in last 30yrs, we sure aren’t moving quickly. I like this Forbes article Psychology & psychiatry both suffer from a philosophical crisis. www.forbes.com/health/mind/...
November 25, 2024 at 8:47 AM
Kinda sad throwback to 30yrs ago b4 we had real scientific stds for the fields. For a field that’s done SOOO MUCH in last 30yrs, we sure aren’t moving quickly. I like this Forbes article Psychology & psychiatry both suffer from a philosophical crisis. www.forbes.com/health/mind/...
U underestimate ur own election piece. It’s bc u included the 1 thing we all forgot. My take (2nd best) was shocks were brutal, tlns$ were justified but wasteful. Inflation was MORE THAN worth recovery. Any fool could see inflation was fading by election. THEY WANTED TRUMP & inflation was ez 🎯Cont..
Truly recommend Nathan's election piece to anyone--and especially anyone saying "it's the economy." Yes, but how?
Aside from the really clear & careful analysis of what went on over relevant time period, read for the enduring insights about use of CPI in reports of economic conditions
Aside from the really clear & careful analysis of what went on over relevant time period, read for the enduring insights about use of CPI in reports of economic conditions
I don't make this point in the piece, but the idea that the CARES act was extremely regressive which circulated so much in 2020 is extremely preposterous when you look at how absurdly progressive the impact the pandemic safety net was on income inequality
www.crisesnotes.com/one-election...
www.crisesnotes.com/one-election...
November 25, 2024 at 6:34 AM
U underestimate ur own election piece. It’s bc u included the 1 thing we all forgot. My take (2nd best) was shocks were brutal, tlns$ were justified but wasteful. Inflation was MORE THAN worth recovery. Any fool could see inflation was fading by election. THEY WANTED TRUMP & inflation was ez 🎯Cont..
Sorry, I go back n forth re Cleveland & SF Fed horrors. But SF Fed did a few classics of late. SOFIE is not even OK for what it DOES HELP. Why should it be? Get a room of Mfg Mgmt together; Sound like a strong CPI indicator? EXPECTations are useful. We know. SOFIE sux all adaptive living Econ out.
An uptick in U.S. firms' #inflation expectations and disagreement. Maybe noise... maybe not...
More info here
www.clevelandfed.org/indicators-a...
#EconSky
November 25, 2024 at 6:13 AM
Sorry, I go back n forth re Cleveland & SF Fed horrors. But SF Fed did a few classics of late. SOFIE is not even OK for what it DOES HELP. Why should it be? Get a room of Mfg Mgmt together; Sound like a strong CPI indicator? EXPECTations are useful. We know. SOFIE sux all adaptive living Econ out.
Not Fixed investment! Not NET FIXED INVESTMENT! Not NET FIXED INVESTMENT INTENSITY. Here for this metric for you SCIENTISTS wondering how you’re being affected by NFII PER PERSON!!
NET FIXED INVESTMENT INTENSITY PER CAPITA!! …….AND FOR BONUS: Real Gross Net Investment
NET FIXED INVESTMENT INTENSITY PER CAPITA!! …….AND FOR BONUS: Real Gross Net Investment
November 25, 2024 at 4:33 AM
Not Fixed investment! Not NET FIXED INVESTMENT! Not NET FIXED INVESTMENT INTENSITY. Here for this metric for you SCIENTISTS wondering how you’re being affected by NFII PER PERSON!!
NET FIXED INVESTMENT INTENSITY PER CAPITA!! …….AND FOR BONUS: Real Gross Net Investment
NET FIXED INVESTMENT INTENSITY PER CAPITA!! …….AND FOR BONUS: Real Gross Net Investment