Kevin D. Gomez Debt, Economics, Economy, Markets, Monetary Policy, Regulation, Technology

Will Prices Increase Once Businesses Reopen?

It is hard to say with any certainty, though my best guess would be no in the short run and probably in the long-run. In the short-run, say, five to 18 months, the aggregated price level will likely experience very little inflation. The long run, however, might be a different story, especially with healthcare. Price … Continue reading Will Prices Increase Once Businesses Reopen?

Kevin D. Gomez Economic Mobility, Economics, Economy, Markets

I’d Rather Have a Stuffy Nose

If you know Spanish, watch the video: https://www.facebook.com/watch/?v=873589819731339 The woman in the video and still image above, Lola, provides a moving soliloquy regarding the ongoing pandemic. She opens with the realization that "common sense" is not as common as we think. She goes on to say that those who have common sense are worthy of … Continue reading I’d Rather Have a Stuffy Nose

Kevin D. Gomez Economics, Economy, Markets, Monetary Policy, Politics

Hysteria: $1.5 Trillion Injection From the Fed

 On social media, people are up in arms with how the government is quick to take care of the filthy wealthy bankers and don't care at all about the working-class folk. "Oh, so the government can inject $1.5 Trillion in an instant to save the banks but can't provide free healthcare to the 99 percent … Continue reading Hysteria: $1.5 Trillion Injection From the Fed

Kevin D. Gomez Economics, Economy, Technology

Master Chefs Grow Slower Than New Cooks

Inspired by a podcast at MacroMusings, let’s talk about growth.  Alex Tabarrok and Tyler Cowen, co-authors of a couple of excellent textbooks on the principles of economics, discuss what they mean by “cutting edge” growth and “catching up” growth.  The reason for this distinction arises because of the claim that particular institutions promote economic growth. … Continue reading Master Chefs Grow Slower Than New Cooks