Nominal Thoughts

An introduction to my personal views with a focus on macro issues

Saturday, August 15, 2020

Supply-Side Shocks Don't Cause Ample Increases in Nominal Income and U.S. History

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Starting off a blog or using a story to segue into an economic topic always felt weird to me. Even what I just wrote seems out of place so I...
Monday, April 6, 2020

Venezuela: Its Not The Oil

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There's a common misconception that the collapse of the Venezuelan economy was due to eroded oil markets and U.S. sanctions. This is us...
Tuesday, March 17, 2020

No, The Federal Reserve Didn't Give 1.5T to Bank's. Yes, It's The Right Thing To Do

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A few days ago the Federal Reserve launched a large scale Quantitative Easing program that, for some reason, is being used as a justificatio...
Thursday, February 20, 2020

The Housing Shortage: Worse Than We Thought

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New Housing Units authorized are low compared to previous business cycles. Once you divide the number of units being approved by the numb...
Thursday, January 9, 2020

Andrew Yang's Flawed UBI Proposal

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First off, a UBI is a fine economy policy and this is a critique of Andrew Yang's evidence to support it more than the policy itself an...
Thursday, November 7, 2019

Medicare For All Can Work, But We Shouldn't Pursue It

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Debating the logistics of recent healthcare proposal is futile since they all would work if implemented and would be vastly better than our...
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Thursday, September 19, 2019

Analysis: The Implicatons of a Wealth Tax in the U.S.

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We know that taxation on capital income has a negative impac t on the maximum amount of money individuals will have at the age of retireme...
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