The Relevance of the SPR's Acquisition Authority to Furthering Climate Goals
Creative production contracts involving the sale of put options (as we previously advocated for), could help set a soft “floor” on oil prices, preventing a large-scale return to consumer purchases of gas-guzzling cars.
The Physical Capacity Shortage View of Inflation
Repeated price crashes in a variety of industries led to a situation of underinvestment in productive capacity that created the conditions for the inflation we see today.
The Biden Administration Has The Power: Administrative Authority To Address The Crisis in Oil Supply Right Now
Energy security has taken on new importance in wake of Russia’s invasion of Ukraine. We can use existing tools to confront these challenges without sacrificing our climate goals.
What Are You Expecting? How The Fed Slows Down Inflation Through The Labor Market
Conventional wisdom has held that rate hikes slow inflation long enough that straightforward accounts of how exactly one turns into the other are hard to find. Today, everyone needs to be on the same page about how exactly it is that Fed policy in particular can slow inflation.
