Written on February 8th, 2023
Written on April 29th, 2016
I’m calling this conversation with economist ROBERT POLLIN, INFLATION 101. What’s really going on? The current bout of inflation is global, not domestic. It’s higher in other economies than in the US. It’s primarily due to the global pandemic and Russia’s invasion of Ukraine. And it may already be over. Yet the Fed seems intent on risking recession to fight it with tools that ignore its real causes.
Michael Lewis, The Undoing Project (2017)
Tversky, Kahneman and the ways our minds fool us.
Link to video