Everything You Need to Know About How the “Volcker Shock” Worked That Sheila Bair Forgot to Ask
Notes on the Crises
Student Loan Debt Cancellation Isn’t a Subsidy to Higher Education: Student Loan Credit is
SubscribeLast Wednesday the Biden Administration announced a number of changes to how student debt would be treated by the Federal Government. They all were important, but the change attracting the most attention was
The Inflation Reduction Act, Employ America and Oil & Gas. Now What?
SubscribeAt the end of July, a few hours after I wrote about Employ America’s Oil and Gas proposal, the Biden administration implemented a modified form of their proposal. To briefly summarize, the
Is “Insuring” The Oil and Gas Industry the Right Response to the fallout from Ukraine?
This is a free piece of Notes on the Crises. Paid subscriptions help me release pieces like this for free, increasing their impact SubscribeSo far this month I have been focusing on catching
The “Transitory Inflation” Debate Misses the Point.
Don’t Let Dick Cheney Ruin Price Regulation Too.
This is a Premium Pieces of Notes on the Crises In my last piece I focused on laying out how I view the “inflation” conversation that has been going on in 2022 (on
Prices, Prices, Prices. (Almost) Everything You Wanted to Know, but Were Too Annoyed to Ask.
[PREMIUM TRANSCRIPT] Notes On The Crises Podcast #3: Karina Patricio Ferreira Lima and Chris Marsh on the IMF in Argentina… Again
Notes On The Crises Podcast #3: Karina Patricio Ferreira Lima and Chris Marsh on the IMF in Argentina… Again
Subscribe In our third episode Nathan spoke to Karina Patricio Ferreira Lima, a law professor at the University of Leeds, and Chris Marsh, a macroeconomist at Exante Data, about their paper questioning the
New Report: Monetary Policy Without Interest Rate Hikes
SubscribeI don’t spend a lot of time writing about Modern Monetary Theory on Notes on the Crises. Regular readers will know that insights from MMT inform all my writing on this newsletter
Why I put “Crises” and not “Crisis” in “Notes on the Crises”
As you may have seen in other venues, from social media to reporting, this title frequently trips people up. Almost invariably people say “crisis” instead of “crises”. In fact, when I created this newsletter I knew this title would be misread.
Why Did the New York Federal Reserve Stop Surveying Evictions?
Something I have periodically kept my eye on over the course of the pandemic has been the results of the New York Federal Reserve’s Housing Survey. Amazingly, they just happened to add