Today, we present a guest post written by Jeffrey Frankel, Harpel Professor at Harvard’s Kennedy School of Government, and formerly a member of the White House Council of Economic Advisers. A shorter version appeared at Project Syndicate.
Monthly Archives: February 2021
The University of California gives back to the community
About 10% of the population in San Diego have now received the vaccine. A third of these — 100,000 people– were served by a single facility operated by the University of California at San Diego. What’s the secret to their success? Answer: logistics.
Continue reading
The Employment Deceleration, and Business Cycle Indicators
Employment in early January continues to decelerate to near standstill (BLS), as I suggested in November would happen if the US did not implement a coherent plan to contain the Covid-19 pandemic.
A Review of Minimum Wage Effects
From Alan Manning, in Journal of Economic Perspectives (a journal of the American Economic Association), “The Elusive Employment Effect of the Minimum Wage”:
The American Rescue Plan Assessed
I talked through some issues regarding the competing recovery plans in this Wisconsin Public Radio interview. Here are some graphs to buttress my point that the Senate Republican plan is underpowered.
CBO’s Outlook and the Output Gap
CBO released its projections for GDP under current law, and potential GDP yesterday.