Commentary
Washington has explained today’s inflation entirely through supply chain problems. It’s why Federal Reserve Chairman Jerome Powell initially described the pressure as “transitory.”
Analysis
Opinion
US Economy: The Main Shortage Is Workers
More than anything else now, the economy needs work incentives
A "Now Hiring" sign is placed on the glass storefront of a store amid a nationwide labor shortage, in Montebello, Calif., on Dec. 9, 2021. Frederic J. Brown/AFP via Getty Images
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Milton Ezrati
Author
Milton Ezrati is a contributing editor at The National Interest, an affiliate of the Center for the Study of Human Capital at the University at Buffalo (SUNY), and chief economist for Vested, a New York-based communications firm. Before joining Vested, he served as chief market strategist and economist for Lord, Abbett & Co. He also writes frequently for City Journal and blogs regularly for Forbes. His latest book is “Thirty Tomorrows: The Next Three Decades of Globalization, Demographics, and How We Will Live.”
