How we averted a 1970s repeat.
The Roosevelt Rundown features our top stories of the week.
View this in your browser and share with your friends. ([link removed])
[link removed]
(Photo by Vithun Khamsong, Getty Images)
** Supply-Side Expansion Has Driven the Decline in Inflation
------------------------------------------------------------
With the steep deceleration of inflation in the first half of 2023, the fears of a sustained, 1970s-esque scenario are now behind us.
And the primary reason for that disinflation ([link removed]) is an expansion of supply, Roosevelt’s Mike Konczal explains in a new brief.
“[A]t the moment, the inflation story is exactly what a ‘soft landing’ ([link removed]) would have predicted,” Konczal writes.
“A combination of resolving supply shocks and a subtle decrease in demand has driven inflation down dramatically, with no cost to the level of employment.”
Read more from Konczal ([link removed]) .
** Join Our Team
------------------------------------------------------------
We believe that people are the foundation of the progressive movement. If you’re interested in joining our community of thinkers, advocates, and champions of a more democratic economy, check out our latest career opportunities. ([link removed])
Apply now to one of our open positions:
Managing Director, Media Relations ([link removed])
Accounts Payable Associate ([link removed])
** What We're Talking About
------------------------------------------------------------
[link removed]
[link removed] Read the piece ([link removed])
** Join the Conversation
------------------------------------------------------------
[link removed]
[link removed]
[link removed]
[link removed]
** What We’re Reading
------------------------------------------------------------
Inflation Is Falling. Don’t Thank the Fed. [by Roosevelt Senior Fellow J.W. Mason] ([link removed]) - Barron’s
“Really Bad Economics”: Nobel Laureate Joseph Stiglitz Explains Where the Fed Went Wrong on Inflation ([link removed]) - CNBC
Saule Omarova’s Plan to Remake the Financial System ([link removed]) - Dissent
The Gap between Men and Women in the Workplace Is at a Record Low ([link removed]) - Axios
Presidential Centers Ring the Alarm on the State of Our Democracy ([link removed]) - MSNBC
============================================================
If you are interested in supporting the Roosevelt Institute, ** click here ([link removed])
.
If you would like to unsubscribe from this list, ** click here ([link removed])
.
Copyright © 2023 Roosevelt Institute, All rights reserved.
** RooseveltInstitute.org ([link removed])
570 Lexington Ave, 5th Floor
New York, NY 10022