Why have central bankers in continued to hike interest rates, especially when the most direct measure of the situation – the actual inflation rate – has been abating for months in most jurisdictions?
Austerity
Sharun Mukand and Dani Rodrik: The divided public heart
Is politics driven by pragmatic self-interest or by identities and ideals? The self-harming voter offers a clue. This is a long read, but it is the weekend and it is time well invested. Read here
Economics
DeStatis: Inflation rate of 10.9% expected in September 2022
Consumer price index, September 2022: +10.0% on the same month a year earlier (provisional) +1.9% on the previous month (provisional) Harmonised index of consumer prices, September 2022: +10.9% on the same month a year earlier […]
Economics
Bill Mitchell – British labour market – rise in self-employment driving growth
“The proportion of self-employed who are working part-time has risen from 17.6 per cent in the June-quarter 1992 to 30.1 per cent in the November-quarter 2018.” This is something that could well be relevant for […]
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