The Dream of the 90's, Part V: How to Return to Productivity Growth Today
Whether or not we see another boom in productivity is a question of policy, not a question of fate.
Preston Mui
144 postsThe Dream of the 90's, Part IV: Gas in My Tank Feels Like Money in the Bank
Tight labor markets and strong investment are crucial to securing the three-legged stool of productivity growth, but a stable supply of the essentials may be the most important to focus on today.
The Dream of the 90's, Part III: Boom Goes the Fixed Investment
The second leg of the productivity growth stool is a boom in fixed investment. This is the heart of productivity growth in many ways, and is critical to achieving disinflationary dynamics over the medium term.
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Fedspeak Monitor 2/4/24
Statements by Bowman, Goolsbee, and Powell this week revealed little we didn't already know.
The Dream of the 90's, Part II: Clear Eyes, Full Employment, Can't Lose
For decades, “jobless recovery” has been a watchword in the aftermath of each recession. But in the 1990s—and today—we saw a fully recovered labor market.
