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Economists think like a timepiece when it comes to the macroeconomy, the short run, and the long run. The short-run has consumed our attention through inflation and the stock market. The long-run is affected by living standards, and labor productivity. Joe Santos explains.
Imagine you're navigating an obstacle course blindfolded. That's more or less how macroeconomic policy makers have had to face the past couple years. But what does that mean for folks like you and me? Joe Santos is a professor of economics and Dykhouse Scholar of Money, Banking and Regulation at South Dakota State University.
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In the Moment, April 12, 2021 Show 1025. SDPB's Lee Strubinger joins us for a behind-the-scenes look at Governor Noem's intentions for a legislative special session and the resistance to her efforts. The national debt has grown a lot over the course the pandemic. Have we taken on too much? What can be done? For today's Monday Macro, macroeconomist Joe Santos helps us understand what this much debt means and how it impacts the economy. Read Joe's full blog about today's subject here. On this day 129 years ago, Meade County Commissioners voted to discontinue bounties on wolves. We hear about li...