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Stagflation… Is It In America’s Future?
- April 9, 2026
- Posted by: Christopher Thornberg, PhD
- Categories: Consumers, Economics, General Economy
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Stagflation is a rising danger in the United States, but the reasons why are different than in the past.
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Why Doom Narratives Thrive
- March 31, 2026
- Posted by: Christopher Thornberg, PhD
- Categories: Consumers, Economics, General Economy
Our cognitive biases lead us towards negative narratives more than positive ones… that’s a problem for economic policy.
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Narratives, Data, and the Duty of Economists
- March 4, 2026
- Posted by: Christopher Thornberg, PhD
- Categories: Consumers, Economics, General Economy
When economists amplify claims that are inconsistent with the evidence, we do not close the gap between perception and reality—we widen it.
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Tariffs and Turbulence: Last Week In Review
- February 25, 2026
- Posted by: Christopher Thornberg, PhD
- Categories: Consumers, Economics, General Economy
With debt above $40 trillion and deficits projected to widen, the nation is in an increasingly fragile fiscal position.
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Conspiracy, Truth, or Something Else: Untangling the Employment Decline
- August 14, 2025
- Posted by: Christopher Thornberg, PhD
- Categories: Consumers, Economics, General Economy
The recent downward revision of U.S. job numbers isn’t a conspiracy; it’s very likely the real deal and reflects an intensifying labor shortage.
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Who Should We Credit For Trump’s Big Win? Jerome Powell
- November 22, 2024
- Posted by: Christopher Thornberg, PhD
- Categories: Consumers, Economics, General Economy
The red wave that swept Donald Trump to a second term took most everybody by surprise. Unsurprisingly, the big win has sparked…
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U.S. Labor Market Fears and the Global Equity Swoon
- August 6, 2024
- Posted by: Christopher Thornberg, PhD
- Categories: Economics, General Economy, Social Issues
A sudden chill has hit global equity markets. Is the panic real, or needless?
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Surge Pricing Vs. Dynamic Pricing: What’s In A Name? As It Turns Out, A Lot!
- April 30, 2024
- Posted by: Christopher Thornberg, PhD
- Categories: Economics, General Economy, Social Issues
People should respond to real experiences more than to the labels attached to those experiences – that’s the concept of the rational agent. In practice, however, labels do matter… a lot.
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Surveys and the Economy—What They Do and Don’t Tell Us
- April 17, 2024
- Posted by: Christopher Thornberg, PhD
- Categories: Economic Policy, Economics, General Economy
Surveys capture narratives that may not fully reflect reality. Today, this is on full display in Americans’ views of the current U.S. economy.
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The Changing Patterns Of Holiday Spending
- December 21, 2023
- Posted by: Christopher Thornberg, PhD
- Categories: Economic Policy, Economics, General Economy
The holidays have always been a time of higher-than-normal consumer spending. However, a drift downward in spending at this festive time of year has been occurring for years. This is likely a function of many things, the most important of which may be the decline in the number of children in the United States.
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