Big econ fight underway, and it is nerdy but spicy. It all started with this @ojblanchard1, @asdomash and @LHSummers analysis. Their gist: The Fed's hope that it can lower job openings w/o a higher jobless rate "flies in the face" of evidence. ww

Noah Smith @NoahSmith · Aug 1, 2022

Thread about a feisty and important macro debate! Feels almost like 2011 again... 🥰

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by Jeanna Smialek

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