The global economy expanded solidly in the second quarter of 2023, but without much momentum. I expect Europe – especially Germany and the United Kingdom – to experience a recession in the winter half-year.
Category Archives: Future of Work and Economic Growth
What caught my eye: All published blockchain papers, US manufacturing jobs, career transitions, lessons from past inflation episodes, and much more…
“Reality Check on US Manufacturing Jobs”
What caught my eye: The labor market then and now, central bank interest rates, you need quiet time, and much more…
“The US labor market has experienced significant changes since the turn of the century.”
German economy: The recession is coming
I expect the German economy to contract by 0,7 percent in 2023.
What caught my eye: Intangible investment and monetary policy, Robert Triffin, and much more…
“Unpacking the Causes of Pandemic-Era Inflation in the US”
U.S. Economy: robust so far, but cooling ahead
The economic engine is now likely to stutter somewhat.
German economy still unable to find its way out of stagnation
The German economy cannot find its way out of stagnation.
What caught my eye: Decoupling of monetary policy, roots of progress, Oppenheimer, and much more…
“Oppenheimer, Einstein, von Neumann and other Institute faculty channeled much of their effort toward what AI researchers today call the “alignment” problem: how to make sure our discoveries serve us instead of destroying us.”
U.S. Economy: Still solid for the moment, but the slowdown will come
The economic engine is now likely to stutter somewhat.
Economy in the euro area sputters
The economy in the euro area is stagnating. Gross domestic product fell slightly in the winter half-year, by 0.1 percent in both the final quarter of 2022 and the first quarter of 2023. Private consumption in particular is weakening.