When All Else Is Out of Bounds, Zap Labor
From Nixon’s wage controls to today’s interest rate hikes, the fight against inflation has targeted labor.
From Michael Perelman's blog, Unsettling Economics.
I am happy to announce that I have changed my name. As of now, you may address me as The Bank of Michael Perelman.
I am not greedy. If Secretary Paulson would grant me only a couple hundred million, I would not trouble him for one of the billion dollar bailouts.
Read next
The AI Safety War in My Back Yard
In the contest between Micah Lasher and “AI guy” Alex Bores, is Bores a wolf in sheep’s clothing?
Assessing Bidenomics
Is the Biden administration’s economic policy a break with neoliberal orthodoxy, or more of the same?