Peter Coy: So, Binya, Americans seem very grumpy about the economy lately, despite what looks like some pretty good news. I bet a lot of people will be talking over Thanksgiving dinner about why that is. But to most people, inflation is high prices. So they look at high prices in the supermarket or wherever and say, “That’s inflation!” Woe unto the politician or economist who tells them otherwise. Binyamin Appelbaum: I find that people are not always as excited as I am to talk about economic policy at the dinner table.

Source: New York Times November 23, 2023 17:21 UTC