Category Archives: Macroeconomic policy

Hungary Vetos €50 Billion EU Funding Package for Ukraine; Fuming EU Leaders Promise Workaround, but How?

Yet another shot below the water line for sinking Project Ukraine.

EU and US Ukraine Funding Even More in Doubt as War Effort Falters

Things are going from bad to worse for Ukraine, and at an accelerating pace too.

Evidence – And an Explanation – For the Recent Surge in Inflation Inequality

Though firms passed rising upstream costs on to retailers at similar absolute rates, the increases for low-end products are disproportionately large when measured in percentages – a pattern with real consequences for consumers.

Wolf Richter: Not Sure How Long It’ll Last: Spending on Factory Construction Does a Historic Spike, after Years of Going Nowhere

This is amazing, and I’m not sure how long it will last.

Ukraine’s Desperate Search for War Funding Hits Local Budgets

Ukraine’s local authorities are undes serious budget stress despite government assurances of support

With Shutdown Averted, Is Social Security Safe? Nope!

Tax breaks to the rich mean less revenue, higher deficits, and more calls to gut programs like Social Security that protect ordinary citizens

Wolf Richter: Why Longer-Dated Treasury Yields Spiked. It’s Not Magic: Yield Solves All Demand Problems

Tsunami of issuance meets Fed QT, Skittish Foreign Buyers, and US buyers demanding to be compensated for the risks of out-of-control deficits in an inflationary environment.

McCarthy Ouster, Senate Republican Opposition Bode Ill for 2023 Ukraine Funding

Ukraine funding, a big focus of the row over McCarthy’s speakership, is not getting any easier.

Ukraine’s Unraveling, the Funding Row, and Coalition Wobbles

Project Ukraine is having another bad week.

Happy Talk About US Slowdown a Recession Warning as China Growth Also Weakening

Recession complacency means things are wobblier than they seem.

How to Fix Monetary Policy in Advanced Countries

The monetary policy of major central banks in advanced economies have had negative consequences and thus need to be fixed.

Longitudinal – Reflections On Recent Economic Writing

Satyajit Das takes a gander through a large sample of recent economic books and has some unexpected findings.