Fiscal relief and stimulus measures will lead to strong economic growth in 2021. The U.S. economy started this year with momentum. In addition to the fiscal stimulus measures, the U.S. vaccination program has evolved very well and is likely to have increased confidence that the pandemic will gradually subside in the current year.
Author Archives: Eagle Economist
The Spanish Economy: Pandemic leaves deep scars
The pandemic leaves deep scars on the Spanish economy. Despite various remaining problems, there is hope for new dynamism.
What caught my eye: what is inflation, status vs. argument, what is Bidenomics, and much more…
What is inflation?
Quote of the week – Winston Churchill
““All the great things are simple,…”
Book recommendations: artificial intelligence, consumer sentiments, and what is inflation?
Kate Crawford is a senior principal researcher at Microsoft Research and analyzes artificial intelligence and its social and political implications. A great book!
The German economy: the recovery has begun
Economic output in Germany contracted by 1.8 percent in the first quarter of 2021.
What caught my eye: are people more or less productive working from home, inflation expectations, the Greening of the financial system, and much more…
Why some people are less productive working from home
Quote of the week – Christina Romer
“The most effective way to shake an economy out of a terrible downturn…”
Book recommendations: the profit paradox, how do people form their expectations on macroeconomic issues, and narrative economics
In his very interesting book, Richard Curtin (who has directed the consumer sentiment survey of the University of Michigan for several decades) argues that consumers form expectations in a complex way using conscious and nonconscious processes.
Inflation – is it coming or not?
In many countries, inflation increased in the spring – especially in April. While there is no need to panic, one should nevertheless be aware of potential inflation risks.