Joe CarsonFeb 21, 2021Conversation With BLS About Price Mismeasurement For Housing Recently, I shared my concerns about price mismeasurement for owner-occupied housing with a senior official who works in the Division of...
Joe CarsonFeb 4, 2021Fiscal Stimulus: How Much Is Too Much? Boom/Bust!Suppose Congress passes something close to Biden's Administration stimulus proposal of $1.9 trillion. In that case, that will lift the...
Joe CarsonJan 28, 2021Financial Stability: The "Forgotten" Anchor of Monetary Policy This article was posted on March 5, 2020. I decided to re-post it following Federal Reserve Chairman Jerome Powell's discussion on...
Joe CarsonJan 25, 2021Two Decades of Price Mismeasurement & Policy ConfusionTwo decades of price mismeasurement and policy confusion have left everyone bewildered and puzzled over inflation. Inaccuracies in...
Joe CarsonJan 17, 2021This Is Not A Recovery: Lessons From 1980 The statistical bounce off a record plunge in economic activity linked to the pandemic has proved to be short-lived. The economy is not...
Joe CarsonJan 12, 2021Remote Working Limited The Economic Fallout In 2020, And Its Reversal Would Spur Growth in 2021In December, payroll employment fell 140,000, the first monthly decline since April. The job loss would have been much larger if it were...