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Viktor Shvets Declares Victory for Team Transitory and the Soft Landing
It was looking bad there for awhile for Team Transitory. Anyone who had previously even uttered the word "transitory" in regards to inflation was reg…
3 years, 4 months ago
The "Big Shift" That's Finally Causing Rents to Fall
Rent inflation went wild in 2021 and 2022, turning it into one of the most substantial drivers of overall inflation. But good news: it seems pretty c…
3 years, 4 months ago
Why Corporate America Still Runs on Ancient Software That Breaks
Southwest Airlines had a disastrous holiday season, thanks in part to a software bug that left crews out of place and grounded thousands of flights. …
3 years, 4 months ago
What The Heck Is Happening With the Price of Eggs?
The price of eggs rose 60% in 2022, as measured by the Consumer Price Index. Meanwhile, wholesale egg prices are up 300% in the last year, creating a…
3 years, 4 months ago
The 'Widowmaker' Crypto Trade That Helped Blow Up an Industry
Over the last year, numerous things have gone wrong for the crypto industry. (Too many to list.) But one thing we've learned is that there's an incre…
3 years, 4 months ago
Isabella Weber On a New Way to Think About Inflation
In economics, there tends to be two dominant ways of thinking about inflation. Either you agree with Milton Friedman, who described inflation as alwa…
3 years, 4 months ago
Ex-Logger Aims to Beat Elon Musk in Electric Trucks
While electric vehicle use is growing rapidly, the internal combustion engine remains completely dominant in the world of heavy trucks. At some point…
3 years, 4 months ago
Why Banks Are Suddenly Borrowing From the Fed's Discount Window
The discount window at the Federal Reserve allows banks to borrow money at an above-market rate in exchange for high-quality collateral. The facility…
3 years, 5 months ago
Neil Dutta and Conor Sen on the Chances of a US Soft Landing
The most recent jobs report has revived talk that the US economy might pull off the fabled "soft landing." Jobs are still growing nicely and the unem…
3 years, 5 months ago
What Truckers Already Know About the Future of Electronic Worker Surveillance
Thanks to work from home, and other trends, workers are being electronically monitored by their bosses like never before. But some industries have ha…
3 years, 5 months ago