Inflation, Wages, and the Beauty of Base Effects

Inflation, Wages, and the Beauty of Base Effects

“Prices are going up and everyone wants someone to blame.” After much back and forth in 2021, the narrative on inflation in the United States has solidified: rather than being transitory as so many had hoped, rising prices are persistent and becoming increasingly...
More Hemingway. Less Whitman.

More Hemingway. Less Whitman.

Ernest Hemingway and Walt Whitman – both preeminent American authors – could not be more different in their writing styles. Whitman is known for his flowery, elegant, and poetic prose. Hemingway’s storytelling is recognizable by his direct, unadorned approach. Each...
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