When he was 19 years old, still eons away from the essays, the novels, and the pseudonym that would grant him literary immortality, Eric Arthur Blair went east and joined the Indian Imperial Police in Burma. The country was still under British colonial rule — “an outpost of empire” — and the young man was stationed in various cities in …
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The Shrinking Labor Force Is Scariest Number for America’s Job Market
Wall Street bigwigs, major investors, stock analysts, and economists agree on very little these days. Whether it’s about technical levels, recession indicators, or the yield curve, everyone seems to have a different outlook for the economy and markets. One of the few points of consensus, however, is the fundamental importance of the job market. It’s not a particularly revelatory stance: …
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