disparity

This blog post accompanies the SDPB Monday Macro segment that airs on Monday, September 19, 2022. Click here to listen to the segment, which begins at minute 23:45. Yesterday, in an extended exposé, the Wall Street Journal reported the “Dollar’s Rise Spells Trouble for Global Economies.” In the article, the authors describe the current strength […]

act of nature

This blog post accompanies the SDPB Monday Macro segment that airs on Thursday, August 11, 2022. Click here to listen to the segment, which begins at minute 22:30. On August 7th, the U.S. Senate passed the Inflation Reduction Act of 2022, a 755-page bill that awaits anticipated passage in the U.S. House of Representatives and […]

cure for pain

This blog post accompanies the SDPB Monday Macro segment that airs on Tuesday, July 5, 2022. Click here to listen to the segment. What Mark Sandman of the band Morphine was thinking when he wrote Cure for Pain remains the subject of much debate among the band’s enthusiasts, me included. Though chances are good he […]

everywhere but in the data

This blog post accompanies the SDPB Monday Macro segment that airs on Monday, June 6, 2022. Click here to listen to the segment. On July 12, 1987, the New York Times Book Review published a piece by Nobel Laureate, Robert Solow, who reviewed, Manufacturing Matters: The Myth of the Post-Industrial Economy, by Stephen S. Cohen […]

that seventies show

This blog post accompanies the SDPB Monday Macro segment that airs on Monday, May 2, 2022.  Click here to listen to the segment. Comparing the current U.S. economy, with its high and seemingly persistent inflation, with the U.S. economy of the 1970s, the decade of the so-called Great Inflation, is now common practice. Fixating on the comparison […]

known unknowns

This blog post accompanies the SDPB Monday Macro segment that airs on Monday, April 4, 2022. Click here to listen to and watch the segment. On April 4th, the Ness School of Management and Economics (NSME)—home of Monday Macro on the campus of South Dakota State University—will host Known Unknowns, an afternoon of public lectures, […]

knight fall

This blog post accompanies the SDPB Monday Macro segment that airs on Monday, March 7, 2022. Click here to listen to the segment. In 1921, Frank Knight (1885 – 1972), preeminent economist and a founding member of the (University of Chicago’s) Chicago School of economic thought, published, while an associate professor of economics at Iowa […]

yoshimi’s lament

This blog post accompanies the SDPB Monday Macro segment that airs on Monday, February 7, 2022. Click here to listen to the segment. Automation, an outcome of the technological growth to which macroeconomists attribute the sustained rise in living standards in the U.S. and elsewhere for the last few hundred years or so, is not […]

a conversation with rotary, sf

On Monday, January 10th, the Sioux Falls Downtown Rotary Club hosted a discussion of inflation and economics. Jason Herrboldt, Market President for First Bank & Trust in Sioux Falls, hosted the event, a noon-hour, fireside-styled chat between Jason and me at the Holiday Inn City Centre in Sioux Falls. The event was part of the Rotary Club […]

buried treasury

This blog post accompanies the SDPB Monday Macro segment that airs on Monday, January 3, 2022. Click here to listen to the segment. The U.S. national debt is a problem, but luckily it’s a big problem. Intrigued? Welcome to the intersection of macroeconomics and global finance. In the past year, much ink has spilled debating […]