The Shape Of The Yield Curve And Economic Activity
Fed policy dictates the yield curve’s shape, signaling economic shifts by disrupting interest rate uniformity. While a steepening curve often suggests growth, low private savings can trigger a recession regardless of traditional signals.
Can AI Tools Be Pro-Worker?
AI tools can boost worker productivity through collaboration rather than simple automation. By augmenting human expertise, these technologies make labor more valuable. Shifting economic incentives is key to prioritizing pro-worker AI development.
