Category Economics

Economic slow down

“Alphabet CEO Sundar Pichai told employees on Tuesday that the company plans to slow down hiring and consolidate investments through 2023.” “Facebook parent Meta has cancelled a contract with custodial workers at its Silicon Valley headquarters, resulting in hundreds of…

Clean energy and the grid

“Lawrence Berkeley National Laboratory, supported by the Department of Energy and managed by the University of California, estimates there are enough proposed clean energy projects seeking access to the transmission grid to power most of the country’s energy needs –…

Cost of insulin

“Nothing epitomizes market failures more than the cost of insulin. Many Americans experience out-of-pocket costs ranging anywhere from $300 to $500 per month for this life-saving drug.” — Newsom, Governor of California “Affordable Insulin: The budget invests $100 million to…

Inflation

“The risk is that because of the multiplicity of shocks you start to transition to a higher inflation regime. Our job is literally to prevent that from happening, and we will prevent that from happening. We will not allow a…