Browsing Tag


Scalability and the K-shaped recovery

I was reading something this morning about Fed Governor Lael Brainard recommending monetary and fiscal support to stop a K-shaped outcome where the less well-off lose and the most well-off win. “This strong support from monetary policy - if…

When is individual wealth too large?

In an interview with Ta-Neishi Coates, Alexandria Ocasio-Cortez tries to answer the recurrent question of 'when is it just too much money?" Here's the clip. Watch the whole thing because I am going to comment on it. The AOC position…

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