3. “…changes in the return to human capital caused by shifts in the supply and demand for educated and skilled labor have played a crucial role in the rise in income inequality since the 1970s – rising corporate concentration and employer market power (monopsony) do not appear to be a key culprit.” Link here.
5. Met Opera sings through Omicron (NYT).
6. German trade surplus trending down since 2017. Are there still people out there who think this is good news? Remember the bizarre obsession over this issue? Never reason from a trade surplus!