The Road Ahead

National Public Radio (NPR) show All Things Considered aired a report Monday concerning how NPR is doing after the elimination of United Sates government funding. The overall assessment came in roughly as “Things are going alright.” David Folkenflik reported in the segment that NPR is suffering from an eight million dollars shortfall, amounting to a […]

One Man Thinks He Knows "Why Everything Sucks" Authored by Matt Van Swol via X, I think I know why everything sucks... ...and it's because everything is fake We are getting fake college degrees that cost 4 years and six figures that teach you fake education and get you fake jobs. We are eating fake food, with fake ingredients, funded by fake research. We are scrolling through fake lives, with fake relationships, who take fake, curated vacations to promote brands that make fake products. We are voting for fake candidates, who run on fake...

The Kohn Solution For An Uncertain Fed Via RealInvestmentAdvice.com, Dario Perkins of TS Lombard wrote a piece titled “How to Respond to Oil Shocks.” His analysis draws on the Fed’s history to address how it should respond to today’s oil shock. While researching Fed transcripts from the 1990 Gulf War, he discovered a proposal by Don Kohn, senior Fed staffer, that offers a solution to the central bank’s oil shock problem: nominal GDP targeting. Kohn’s logic is straightforward and makes sense in the current environment where the Fed is contemplating monetary policy as...