Federal Reserve Chairman Jerome Powell tests positive for Covid

Federal Reserve Board Chairman Jerome Powell holds a news conference following the announcement that the Federal Reserve raised interest rates by half a percentage point, at the Federal Reserve Building in Washington, U.S., December 14, 2022.  Evelyn Hockstein | Reuters Federal Reserve Chairman Jerome Powell has tested positive for Covid-19, the central bank announced Wednesday […]

Wholesale prices fell 0.5% in December, much more than expected; retail sales fall

Prices for wholesale goods and services fell sharply in December, providing another sign that inflation, while still high, is beginning to ease. The producer price index, which measures final demand prices across hundreds of categories, declined 0.5% for the month, the Labor Department reported Wednesday. Economists surveyed by Dow Jones had been looking for a […]

DIE Ruins Excellence in Orchestral Programming

The League of American Orchestras (LAO) recently released a guide incorporating Equity, Diversity, and Inclusion in artistic planning for orchestras. They say the guide “lays out actionable strategies for orchestras seeking to diversify the repertoire they present, drawing on interviews with orchestras of all budget sizes.” While many orchestras are advocating for more diverse concerts […]

UK inflation falls for second consecutive month as fuel prices ease

UK inflation slowed for the second consecutive month in December after it hit a 41-year peak in October suggesting the price surge has peaked. The annual rate of consumer price inflation declined to 10.5 per cent in December, from 10.7 per cent in November and further below the 41-year high of 11.1 per cent in […]

In Retrogress

Harwood Economic Review Table of Contents There Is No Such Thing As Student Debt Cancellation Nicolás Cachanosky  Mercantilist Follies, Then and Now Samuel Gregg 4,000 Years of Failed Price Controls Jonathan Miltimore Biden’s Impoverishing Americans To Cut Emissions Won’t Even Touch Climate Change Jon Sanders After Promoting Lockdowns, UN Advocates Inflationary Policies Peter C. Earle […]