David Wessel
Director, Hutchins Center on Fiscal & Monetary Policy, Brookings Institution
brookings.edu/people/david-wessel/
- Joe Gagnon & Steve Kamen: More than half the variation in inflation across countries in 2020-23 can be explained by earlier levels of inflation. Countries with higher inflation in the 2000-2015 period had higher COVID-era inflation. @piie.com & AEI www.piie.com/publications... #econsky
- WSJ editorial page on fire: [M]arkets have forced Trump to back down from his fever dream that high tariff walls will usher in a new “golden age.” The age didn’t last two months, and it was more leaden than golden....Trump...started a trade war with Adam Smith and lost. www.wsj.com/opinion/u-s-...
- Fed economists plot a shortage index going back to 1900, drawing from 25 million (!) newspaper articles. www.federalreserve.gov/econres/ifdp...