Some respected economists are talking as if the US economy is in serious inflationary trouble. But the current uptick in price growth is highly likely to be a largely benign consequence of the post-pandemic recovery.
Author: Bradford DeLong, Project Syndicate
The Strange Death of Conservative America
American conservatives once sought to ride the waves of markets and innovation toward ever-greater wealth and prosperity, but now they cower in fear. And, as the trajectory of today’s Republican Party shows, that makes them a threat to democracy.