Advanced Concepts
An old result on automation and wages
The first issue of AER Insights is out and the very first article is one by Francesco Caselli and Alan Manning…
September 1, 2021 · Taylor EmmaAuthor: Taylor Emma
A senior editor for The Mars that left the company to join the team of SenseCentral as a news editor and content creator. An artist by nature who enjoys video games, guitars, action figures, cooking, painting, drawing and good music.
Advanced Concepts
Is the U.S. budget deficit sustainable?
The U.S. federal budget deficit for 2018 came in just shy of $800 billion, or about 4% of…
September 1, 2021 · Taylor EmmaAdvanced Concepts
The costs and benefits of performance fees in mutual funds
Performance fee-based contracts, which aim to align the interests of the fund manager with that of the investor,…
September 1, 2021 · Taylor EmmaAdvanced Concepts
Why Call it “Socialism”?
I’ve been coming around to the belief that most modern arguments over “socialism” are a waste of time,…
September 1, 2021 · Taylor EmmaAdvanced Concepts
What is “average inflation targeting”?
he Federal Reserve is charged by Congress with maintaining price stability and maximum sustainable employment. The Fed defines…
September 1, 2021 · Taylor EmmaAdvanced Concepts
Monetary Policy and Financial Stability
As you well know, monetary policy has powerful effects on financial markets, the financial system, and the broader…
September 1, 2021 · Taylor EmmaAdvanced Concepts
Sustaining Maximum Employment and Price Stability
In July, the current U.S. economic expansion will become the longest on record—or at least the record since…
September 1, 2021 · Taylor EmmaAdvanced Concepts
Protecting the Independence and Integrity of Research: Introducing the Academic Capture Warning System
Inappropriate financial donor influence at institutions of higher education appears to be on the rise and risks eroding…
September 1, 2021 · Taylor EmmaAdvanced Concepts
Trade Wars Heat Up With New Assault on Mexico
One way or another, President Trump is going to drag the Fed into his trade wars. Tonight Trump…
September 1, 2021 · Taylor EmmaAdvanced Concepts
A new one for price discrimination: taxing the late
One of the popular travel options in Toronto is Porter Airlines which operates out of the City…
September 1, 2021 · Taylor Emma