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← Pandemic relief checks function mainly as retroactive social insurance…
16 connected korrents · 16 moments from 30 Apr 2012 to 15 Oct 2026.
Everything filed under fiscal policy
fiscal policy
Everything filed under inflation
inflation
Everything filed under demographics
demographics In tension Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Read this korrent: Pandemic relief checks function mainly as retroactive social insurance rather than stimulus, because people receiving them during a pandemic save or pay down debt instead of spending. Pandemic relief checks function mainly as retroactive social insurance rather than stimulus, because people receiving them during a pandemic save or pay down debt instead of spending. Last stated 4 years ago
25 Jul 2022
NS
Noah Smith — holds since 2021-02-07 — tap for who they are
NS
Noah Smith — no longer holds since 2022-07-25 — tap for who they are
In tension: Handing out cheques during Covid and accepting the inflation was less damaging than price controls and rationing would have been. — tap to centre the map on it Handing out cheques during Covid and accepting the inflation was less damaging than price controls and rationing would have been. Last stated 2 years ago
20 Aug 2024
JC
John H. Cochrane — holds since 2024-08-20 — tap for who they are
Same subject: Government borrowing through the financial crisis and the pandemic was a good trade, because it repaired household balance sheets. — tap to centre the map on it Government borrowing through the financial crisis and the pandemic was a good trade, because it repaired household balance sheets. Last stated 2 months ago
28 Aug 2026
BC
Ben Carlson — holds since 2026-08-28 — tap for who they are
Same subject: People are not separate individuals protected by money and geography, but deeply interconnected. — tap to centre the map on it People are not separate individuals protected by money and geography, but deeply interconnected. Last stated 6 years ago
5 Feb 2021
MP
Michael Pollan — holds since 2021-02-05 — tap for who they are
Same subject: There is a significant risk that successive inflation shocks will become entrenched in expectations, necessitating a recession to reduce inflation. — tap to centre the map on it There is a significant risk that successive inflation shocks will become entrenched in expectations, necessitating a recession to reduce inflation. Last stated a week ago
15 Oct 2026
PK
Paul Krugman — holds since 2026-10-15 — tap for who they are
Same subject: The post-pandemic disinflation was likely driven by Fed commitment and forward-looking expectations. — tap to centre the map on it The post-pandemic disinflation was likely driven by Fed commitment and forward-looking expectations. Last stated a week ago
13 Oct 2026
NS
Noah Smith — holds since 2026-10-13 — tap for who they are
Same subject: A mass death does not by itself produce a boom afterwards: expecting a pandemic to renew an economy on its own misreads what followed the Black Death. — tap to centre the map on it A mass death does not by itself produce a boom afterwards: expecting a pandemic to renew an economy on its own misreads what followed the Black Death. Last stated 6 years ago
4 Jun 2020
AP
Ada Palmer — holds since 2020-06-04 — tap for who they are
Same subject: Airbnb's business will fully recover from the pandemic, but the changes to it are not temporary. — tap to centre the map on it Airbnb's business will fully recover from the pandemic, but the changes to it are not temporary. Last stated 6 years ago
5 May 2020
BC
Brian Chesky — holds since 2020-05-05 — tap for who they are
Same subject: A country should raise revenue by tariffing foreign countries rather than by taxing its own citizens. — tap to centre the map on it A country should raise revenue by tariffing foreign countries rather than by taxing its own citizens. Last stated 2 years ago
20 Jan 2025
DT
Donald Trump — holds since 2025-01-20 — tap for who they are
Same subject: A fiscal expansion when the economy is already at potential output prompts monetary tightening that dampens or eliminates its effect on output. — tap to centre the map on it A fiscal expansion when the economy is already at potential output prompts monetary tightening that dampens or eliminates its effect on output. Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: A thriving society needs both the left's redistributing of resources and the right's producing and conserving of them — tap to centre the map on it A thriving society needs both the left's redistributing of resources and the right's producing and conserving of them Last stated 3 years ago
11 May 2023
RB
Roy Baumeister — holds since 2023-05-11 — tap for who they are
Same subject: During post-2008 fiscal consolidation, the costs of high public debt were overestimated and fiscal multipliers were underestimated, understating the output costs of austerity. — tap to centre the map on it During post-2008 fiscal consolidation, the costs of high public debt were overestimated and fiscal multipliers were underestimated, understating the output costs of austerity. Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: Republicans' long-term strategy since Reagan has been to spend heavily on things that don't benefit the non-rich, refuse to raise taxes, and thereby balloon the national debt. — tap to centre the map on it Republicans' long-term strategy since Reagan has been to spend heavily on things that don't benefit the non-rich, refuse to raise taxes, and thereby balloon the national debt. Last stated a month ago
16 Sept 2026
RS
Richard Stallman — holds since 2026-09-16 — tap for who they are
Same subject: The main obstacle to sound fiscal policy debate is a widespread, quasi-religious belief that public debt is inherently bad. — tap to centre the map on it The main obstacle to sound fiscal policy debate is a widespread, quasi-religious belief that public debt is inherently bad. Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: Carbon emissions should be priced and government subsidies for oil, coal and gas companies should be ended. — tap to centre the map on it Carbon emissions should be priced and government subsidies for oil, coal and gas companies should be ended. Last stated 12 years ago
23 Sept 2014
LD
Leonardo DiCaprio — holds since 2014-09-23 — tap for who they are
Same subject: Having the rich pay taxes in the same proportion is a practical necessity and a moral imperative for America — tap to centre the map on it Having the rich pay taxes in the same proportion is a practical necessity and a moral imperative for America Last stated 14 years ago
30 Apr 2012
SK
Stephen King — holds since 2012-04-30 — tap for who they are
Same subject: How big a government you want determines necessary tax rates, but any such system depends on people actually paying their taxes. — tap to centre the map on it How big a government you want determines necessary tax rates, but any such system depends on people actually paying their taxes. Last stated 5 months ago
9 May 2026
JB
Josh Barro — holds since 2026-05-09 — tap for who they are
At the centre
Pandemic relief checks function mainly as retroactive social insurance rather than stimulus, because people receiving them during a pandemic save or pay down debt instead of spending.
No longer holds Read this korrent →
Handing out cheques during Covid and accepting the inflation was less damaging than price controls and rationing would have been.
Holds
Government borrowing through the financial crisis and the pandemic was a good trade, because it repaired household balance sheets.
Holds
People are not separate individuals protected by money and geography, but deeply interconnected.
Holds
There is a significant risk that successive inflation shocks will become entrenched in expectations, necessitating a recession to reduce inflation.
Holds
The post-pandemic disinflation was likely driven by Fed commitment and forward-looking expectations.
Holds
A mass death does not by itself produce a boom afterwards: expecting a pandemic to renew an economy on its own misreads what followed the Black Death.
Holds
Airbnb's business will fully recover from the pandemic, but the changes to it are not temporary.
Holds
A country should raise revenue by tariffing foreign countries rather than by taxing its own citizens.
Holds
A fiscal expansion when the economy is already at potential output prompts monetary tightening that dampens or eliminates its effect on output.
Holds
A thriving society needs both the left's redistributing of resources and the right's producing and conserving of them
Holds
During post-2008 fiscal consolidation, the costs of high public debt were overestimated and fiscal multipliers were underestimated, understating the output costs of austerity.
Holds
Republicans' long-term strategy since Reagan has been to spend heavily on things that don't benefit the non-rich, refuse to raise taxes, and thereby balloon the national debt.
Holds
The main obstacle to sound fiscal policy debate is a widespread, quasi-religious belief that public debt is inherently bad.
Holds
Carbon emissions should be priced and government subsidies for oil, coal and gas companies should be ended.
Holds
Having the rich pay taxes in the same proportion is a practical necessity and a moral imperative for America
Holds
How big a government you want determines necessary tax rates, but any such system depends on people actually paying their taxes.
Holds