Honestly with Bari Weiss Quick Question: WTF Is Going on With the Economy?
9 snips
Dec 3, 2021 
Tyler Cowen, an economist and professor at George Mason University, delivers insights on today’s baffling economic landscape. He dives into inflation trends and the impact of recent fiscal policies. The conversation touches on the 'Great Resignation,' exploring labor market shifts and income inequality. Cowen offers thoughts on the contrasting fortunes of large corporations versus small businesses during the pandemic, and he discusses the rise of AI and its influence on productivity. A robust analysis of societal dynamics emerges, touching on cultural and technological advancements.
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Economy vs. Stock Market
- The American economy shows surprising resilience given the pandemic's impact, but the stock market is less representative than ever.
- Focus less on the stock market; it's driven by a small number of large companies and doesn't reflect the struggles of many Americans.
Reasons for High Prices
- High prices are due to supply chain issues, excessive fiscal stimulus, and expansionary monetary policy.
- These factors will likely normalize, but the timing is uncertain, and the Fed's actions to curb inflation might trigger a recession.
Underrated Food
- Buy Thai jasmine rice; it's versatile and superior to other types of rice.
- Explore different ways to use it in your cooking.