Before Silicon Valley Bank failed last week, I was considering writing a post examining the Federal Reserve’s policy framework in the context of the last sixty years of monetary policy’s history. That kind of analysis is now newly relevant, perhaps even urgent given the Federal Open Market Committee
Normally I do not release pieces on Saturdays or Sundays. However, this is the third anniversary of the first piece I ever sent of this newsletter. That brief note, appropriately titled “Sign of the Times”, was more like a glorified social media post than a newsletter. As I said in
Special note to readers. Typically, when I haven’t written in a while for the newsletter I will write a few free pieces, and then write some premium pieces as a reward to loyal paid subscribers (and motivate people to take out paid subscriptions.) However, the next few weeks seem
This is a premium piece of Notes on the Crises. Thank you for being a paid subscriber. Lately, the 1970s have loomed large in economic commentary, thanks to a recurrence of panic over inflation. History is often invoked in mainstream press coverage about economic policy, which is understandable and can
![[PREMIUM TRANSCRIPT] Notes On The Crises Podcast #4: Daniel Mitchell, Chief Economist of Nixon’s Pay Board](/content/images/2022/10/Notes_OTC_EP_4_Art-1.jpg)
Subscribe [https://www.crisesnotes.com/#/portal/signup]On this episode we have a very special guest, economist Daniel Mitchell on his time as the chief economist of Nixon’s pay board, the “wages” part of wage and price controls. He is also coauthor, along with “public” member of the 15
Subscribe [https://www.crisesnotes.com/#/portal/signup]Last 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 canceling ten thousand dollars of student debt of each borrower
Subscribe [https://www.crisesnotes.com/#/portal/signup]At the end of July, a few hours after I wrote about Employ America’s Oil and Gas proposal [https://www.crisesnotes.com/is-insuring-the-oil-and-gas-industry-the-right-response-to-the-fallout-from-ukraine/] , the Biden administration implemented a modified form of their proposal. To briefly summarize, the Biden administration committed to further