Macroeconomics & Labor-Capital Distribution
Articles on macroeconomic trends including labor share of output, profit distribution, wage stagnation, and the economic forces shaping consumer sentiment and growth dynamics.
The Labor Paradox: Why the Job Market Survives Despite Layoffs
An analysis of the disconnect between high-profile layoffs and the historically low unemployment rate, featuring insights on labor market sector-specific trends and employer behavior.
Uncompromising Shock Therapy: Javier Milei's High-Stakes Plan to Dismantle Argentina's State Economy
An analytical breakdown of Argentine President Javier Milei's shock economic reforms, exploring the aggressive devaluations, subsidy slashes, labor strikes, and the legislative compromises that forced state oil giant YPF off the privatization block.
July Labor Market Report: Payrolls Strengthen, Jobless Rate Creeps Higher
A brief overview of the July unemployment data, highlighting a 163,000 increase in nonfarm payrolls and an unemployment rate of 8.3%.
The Profit Take: Why Record Corporate Gains Make Consumers Feel Worse Than the Data Suggest
Labor's share of GDP has fallen to its lowest level since 1947 while corporate profits hit a postwar high — a distributional shift that explains the gap between strong macro numbers and glum consumer sentiment.