No Nonsense Economics
Relevant, hype-free insights about what’s happening in the global, U.S., and California economies.
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The Recession That Didn’t Happen… And Why Most Forecasters Got It Wrong In arguing that there will be no near-term recession, Beacon Economics has been an outlier in the forecasting community. Economic Policy, Economics, General Economy August 8, 2023 Author: Christopher Thornberg, PhD Christopher Thornberg, PhD All Articles Much to the chagrin of those who have been predicting otherwise, the U.S. economy...
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‘ We Have Nothing To Fear But the Fear of Inflation Itself Relevant, hype-free insights about what’s happening in the global, U.S., and California economies. blog, Economic Policy July 17, 2018 Author: Christopher Thornberg, PhD Christopher Thornberg, PhD All Articles ‘Inflation expectation disorder’ seems to have become a full pandemic lately. News story after news story is discussing accelerating price growth not as a possible new trend, but as...
This era of regular and ongoing political “whoppers” coming out of Washington DC, seems to have ushered in an increased willingness outside the beltway to declare pretty much anything, regardless of having evidence to support said claim, or even worse, saying it in the face of contrary evidence. Deeply misleading comments about the economy can be particularly dangerous in my view. In the fashion world, the adage that...
Amazon Headquarters Sweepstakes is Bad for Cities Relevant, hype-free insights about what’s happening in the global, U.S., and California economies. blog, General Economy April 23, 2018 Author: Taner Osman, PhD Taner Osman, PhD All Articles Co-Authored by Christopher Thornberg, PhD Editor’s Note: This article originally appeared on Zocalo Public Square on May 2, 2018. Envious of Silicon Valley’s success, more than 80 places throughout the world have renamed one of...