Inflation and Fish Frys
An interesting and fun article about the costs of inflation on an Easter-time tradition; the fish fry
Posts
Labor Shortage in Trucking
An interesting look into the life of individuals at the front-line of the Supply Chain issue.
If the economy is growing, why don't I see it?
A look by the NYT about how despite the economic growth that is occurring, most Americans feel uncertain about the economic future. Does feature some conversation about inflation, real/nominal GDP, and consumer confidence.
Persistent Inflation and the Consumer Price Index
We talk about the Consumer Price Index in Macro. Representing a broad swath of goods the consumers purchase, an increase in it means that consumers are facing higher prices for goods and services. If that happens, people pay more for the same goods and the dollar doesn't go as far as it once did (inflation).
"The Great Resignation" and the Ongoing Labor shortage
Here is a great article by the New York Times that covers a lot of ground from inflation and rising prices, to the labor shortage, to current labor economics. A very interesting and worthwhile read that covers several topics we discuss in Macroeconomics.
Example of Long-Term Corrections in the Real World
Here is a good example of how workers/wages correct in the long-term to a higher price level.
Rising Inflation and How That Affects Us
What is the FED doing to combat inflation?
Notice that price levels are increasing? You're not alone. Here is an NPR article on what the FED is doing to adjust monetary policy to combat inflation.
Why isn't the economy getting better?
Here is a solid look at some of the problems that are keeping the economy below the pre-pandemic levels of output and employment from NPR. The article illustrates the interconnected nature of many of the problems we face.