states’ plights

  This blog post accompanies the SDPR Morning Macro segment that airs on Monday, March 30. This post draws on research conducted in the Ness School of Management and Economics by Kailie S. Drescher, a graduate student and Dykhouse Fellow who is writing her master’s thesis on the effects of heterogeneous U.S. state-level economic performance on […]

r-star is born

  This blog post accompanies the SDPR Morning Macro segment that airs on Monday, March 16. On Sunday evening, March 15th, the Federal Open Market Committee (FOMC) of the Federal Reserve System convened an unscheduled meeting—the second in as many weeks—to take drastic action in the federal funds market: amid myriad uncertainties surrounding the novel coronavirus, […]

dullest tool in the shed

  This blog post accompanies the SDPR Morning Macro segment that airs on Monday, March 2. Although no one knows how the novel coronavirus will affect the global and U.S. economies, everyone agrees the outcome will be inferior to what would have occurred had the virus not struck.  Putting aside for now the (significant) public-health consequences, […]

das kapital

 This blog post accompanies the SDPR Morning Macro segment that airs on Monday, January 27. In the last episode of Morning Macro (“California Dreaming“), I alluded to the presidential address that Alvin Hansen delivered at the 51st annual meeting of the American Economic Association (Detroit, Michigan, December 28, 1938), where Hansen spoke on “secular stagnation—sick […]

california dreaming

  This blog post accompanies the SDPR Morning Macro segment that airs on Monday, January 13. Earlier this month, the American Economic Association (AEA) held its annual meeting—a three-day conference during which hundreds of speakers present their detailed economic analyses of myriad social science issues.  Each year, the AEA annual meeting is held in conjunction […]

all consuming

  This blog post accompanies the SDPR Morning Macro segment that airs on Monday, December 16. Last Friday, December 13th, the U.S. Census Bureau reported its advanced estimates for retail and food-services sales for November 2019.  The report underwhelmed, signaling lower-than-expected sales during a crucial holiday-shopping month.  According to the Wall Street Journal, “Consumers held […]