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Slack in the Economy, Not Inflation, Should Be Bigger Worry

Yves here. Somebody has to do the unpleasant but highly valuable duty of taking the latest bit of Larry Summers bad policy advice apart. A bit of stimulus, supply-chain issues (particularly related to cars) and some catch-up spending and suddenly everyone is freaked out about inflation. For what it’s worth, I’m not seeing it in my spending categories. Confirming that anecdata occasionally have merit, this post confirms that inflation is spotty, as in pronounced in some categories, like the afore-mentioned cars, mis-measured in others, and tame elsewhere. Many experts expect these sector-specific bottlenecks to get sorted out and for the apparent inflation to abate. However, Covid in India is expected to cause additional supply chain stresses, so we may see price pressures in other areas.

Great Hollows announces the addition of Visiting Scientists

Men Are From Mars, Women Are From Mars? How People Choose Partners Is Surprisingly Similar

Share Published 3 hours ago: May 21, 2021 at 1:00 pm As behavioural scientists, we have a keen interest in how people make decisions, and particularly how these decisions incorporate a range of emotional, cognitive and psychological factors. Choosing a life partner is arguably one of the most important decisions a person can make. And researchhas shown the most common way to do this these days is to go online. John Gray’s famous 1992 book purports that men and women have innately different natures. Wiki As increasing numbers of people wade cautiously through the digital dating market, many still subscribe to stereotypical ideas about what men and women find attractive in a partner.

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