FEATURED POST
August 26, 2025
Yes, AI is affecting employment. Here’s the data.
Artificial intelligence is both old and new. Old in that its founding principles and techniques have been around since the 1950s. New because the technology has continuously reinvented itself ever since.
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July 25, 2022
MainStreet Macro: Hot Summer Housing Market
With most of the country withering in the summer heat, one sector of the economy appears to be cooling. After home prices took off in the early days of the pandemic, the white-hot housing market now appears to be cooling as sales slow.
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July 18, 2022
MainStreet Macro: Wages Go Prime Time: Part 2
My kids are into memes and have been since, well, the beginning of meme history. Given that my husband and I both are economists, it was only natural that a recent family dinner conversation centered around which meme would best represent inflation.
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July 11, 2022
MainStreet Macro: Wages go prime time: Part 1
Wages are the bridge between job growth and rising inflation, and their trajectory will determine whether the Federal Reserve can put the brakes on rising prices without skidding the economy into recession. To that end, the central bank is eying one particular data point with new intensity.
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June 27, 2022
MainStreet Macro: A Penny Saved
Savings accounts were the unsung heroes of the pandemic recovery.
The personal saving rate – the share of a person’s disposable income left after taxes and spending on necessities and everything else – soared to a record of almost 34 percent in April 2020. That means people saved 34 cents for every dollar earned in the early days of the pandemic.
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