One of the more important articles that @EpsilonTheory has written, I think.
In 2007, the Fed thought subprime was “contained”. Then the housing market broke us.
In 2021, the Fed thinks inflation is “transitory”. And the housing market risks breaking us again.
The ET Pack is going to figure this out. Together.
No paywall today.
all negative book reviews should end with “despite all this, it’s pretty impressive that this person wrote a book!”
Britain is the first big country to show similar results to Israel, where a jump start on vaccinations led to falling deaths and hospitalisation rates https://econ.st/3qWlcZe
Sad. Trying to fight the future...
EU is considering new plans to ban #plantbased dairy from:
– displaying allergen info
– being sold in cartons
– using images of their own products
– explaining the climate impact of food
Today 21 orgs call on EU leaders to reject these plans. Here's why: https://drive.google.com/file/d/1TQLwl4uNrmnKtJs6V5NIzcCGx77djRl7/view?usp=sharing