Insights for Navigating an Uncertain World
Craig Tindale: “The global economy is experiencing a structural breakdown in the conversion of financial claims into physical output. I define this failure as the Hard Bifurcation: the separation of the monetary economy from the physical economy. For forty years, the two systems moved together. Money flowed into markets, and goods flowed out. That linkage has broken.”
Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times. View more posts
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