Reflecting on the 'Vibecession' - with Joseph Politano
March 25, 2024
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1:49:35Now PlayingReflecting on the 'Vibecession' - with Joseph Politano
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Joey Politano is an economist who runs a substack called Apricitas Economics. He blogs about the US and world economies. Late last year he was heavily involved in the debate about whether there was a 'vibecession'. This referred to the massive disconnect between subjective feelings about the economy and economic indicators like wages, GDP, and employment. His post on real wages is worth reading to understand some of the key ideas:
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