Attention Economy


Monday, August 14, 2023

The Recession Debate and the Inflation-Unemployment Trade-Off Debate

Larry Summers was Biden’s biggest inflation critic. Was he wrong?
https://www.washingtonpost.com/business/2023/08/13/larry-summers-biden-inflation-projections/
 
The Fed Is Playing a Waiting Game to Try to Avoid a Recession
https://www.bloomberg.com/news/articles/2023-08-13/fed-will-need-to-wait-until-2024-to-see-if-us-recession-can-be-avoided
 
The Federal Reserve chair deserves credit for reducing inflation without causing a recession — but his greatest achievement is maintaining bipartisan support for the bank’s programs.
https://www.bloomberg.com/opinion/articles/2023-08-14/powell-s-fed-has-the-right-instincts-on-economics-and-politics