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MSNBC The Last Word With Lawrence ODonnell June 4, 2024 02:38:00

When you have an old, hammer everything looks like, well, in this case, interest rates. and that is really the problem, the irony here. everybody who talks about is soft landing, everybody hopes that the fed can bring down inflation by slowing the economy, just enough, but not push us into recession. but nobody knows how it s gonna happen, or whether it s gonna happen. why don t we know? i mean, we ve had this. we ve been playing this game forever, right? trying to get unemployment and inflation in tandem. i guess, part of it, we talk about like a science. it s got numbers. it looks like mathematics. but it s not, it s actually how people act. exactly. it s not a science. we ve got to get our heads the notion that somehow, economics is a science, and i know there are too many variables here. and this recession is different from previous recessions. we haven t had a pandemic in this country for over 100 years. we haven t had a recession that goes with a pandemic, where we ve had a f ....

Interest Rates , Why Don T , Shoot It , People Act , We Haven T ,

Researchers have worked out the rules for how some things wrinkle

The rules of wrinkling are surprisingly hard to pin down. Using experiments, simulations and mathematical proofs, a team has uncovered how curved thin sheets of plastic will wrinkle when flattened ....

Karmela Padavic Callaghan ,