Author Archives: Lambert Strether
Scarring, Hysteresis, and Investment in Europe
Fiscal policy can play an important role in limiting hysteresis – a term coined in the 1980s – particularly by promoting government and private investment. However, the political economy of fiscal policymaking typically trades off long-term benefits for short-term gains
Read more...2:00PM Water Cooler 2/6/2023
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Read more...Links 2/4/2023
2:00PM Water Cooler 2/3/2023
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2:00PM Water Cooler 2/2/2023
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Read more...Links 2/2/2023
Biden to End Orders Declaring Covid a National Emergency on May 11, Because Why Not?
The pandemic is over when we say it’s over.
Read more...2:00PM Water Cooler 2/1/2023
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Read more...Links 2/1/2023
The Pentagon’s Plans for a Perpetual Three-Front “Long War” Against China and Russia
The U.S. military has made up its mind about the future in 2018.
Read more...A Recent Artifact with Stories to Tell
Outwardly simple and seemingly rational choices often have far-reaching consequences for those who cannot or will not imagine the day after tomorrow.
Read more...2:00PM Water Cooler 1/31/2023
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Read more...AI = BS
Don’t. Don’t. Don’t believe the hype.
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