The Yandle Report: Avoiding Moral Hazards

Frankenstein continues to lurch forward, but is he stumbling?

With multiple shocks hitting the economy simultaneously, it’s more difficult than ever to find the true signal, if there is one, and tell where this Frankenstein economy is heading. Delta virus is surging, new quarantines and school closings are being announced, and the United States is struggling to rescue some of the Afghan collaborators left behind w…