The enthusiasm with which a year ago we jettisoned 2020 and welcomed 2021 looks pretty silly in retrospect, doesn’t it? Let’s keep that in mind as we get ready to celebrate the new year.

I am not feeling very optimistic, and when I look at my friends and family or…

An obsessive focus on the demand side of the economy has dominated the years following the 2009 global recession. Most economists embraced the Secular Stagnation hypothesis, which argued that structural forces had caused a permanent shortfall in demand. We agonized over “r-star”, the equilibrium real rate of interest, worrying it…

Ok, I’m cheating a bit because it’s a two-panel chart, but it’s the juxtaposition that makes it striking. This will be a short blog. I have no answers, but would love to know what you think.

In the gym the other day I saw a Bloomberg headline saying something like…

You’ve heard about “long Covid”: people who suffer for months from fatigue, headaches and “brain fog”. This blog talks about a similar phenomenon: the long-lived effects this pandemic will have on our economy and politics; they include a generalized “brain fog”, together with PTSD-induced risk aversion similar to the post-Great…

Fed Chairman Powell insists it would be premature to tighten monetary policy. But if not now, then when?

The consensus view argues that the Fed sits in a very comfortable position: the rise in inflation is most likely temporary; even if higher inflation persists, the Fed knows how to fight…

Marco Annunziata

Economics & innovation at www.AnnunziataDesai.com; Co-host, M4Edge Tech podcast; Former Chief Economist & head of business innovation strategy at GE.

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