1. What Could Go Wrong? The AI Asset Price and Investment Boom
Menzie Chinn discusses concerns about the economic impact of the AI boom and potential corrections in asset prices, particularly regarding the Magnificent 7 companies.
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Menzie Chinn discusses concerns about the economic impact of the AI boom and potential corrections in asset prices, particularly regarding the Magnificent 7 companies.
Scott Cunningham discusses the adoption of Claude Code, using a memory foam mattress metaphor to explain user experiences and economic concepts related to software usage.
The post discusses the Federal Reserve's policy history, particularly during the 2008 financial crisis, and critiques from political figures regarding its decisions and outcomes.
A theory is proposed that rising teen anxiety correlates with cultural and political shifts rather than being caused by phones, suggesting a new understanding of these dynamics.
The resignation of the Washington Post CEO follows significant layoffs at the newspaper, highlighting leadership challenges during a crisis.
Menzie Chinn discusses USDA forecasts for farm cash income and the significant role of government payments in maintaining income levels for farmers.
The post covers a variety of topics, including music reviews, personal reflections, and insights on social media, alongside mentions of economic and political issues.
Paul Krugman discusses economic growth, Bitcoin skepticism, and the intersection of economics and politics in his conversation with Hasan Minhaj.
An argument that American politics is increasingly dominated by engaged extremists due to technological changes, sidelining moderates and influencing policy-making through activist staffers.
Tyler Cowen examines the effects of coercive government policies on women's birth rates, using Romania's Decree 770 as a case study.
Juliana Kim discusses a boycott against tech companies perceived as supporting President Trump's immigration policies, urging people to abandon Big Tech.
An argument that examines the disconnect between political promises regarding cryptocurrency and the subsequent decline in bitcoin's value.
Tyler Cowen discusses the economic incentives driving NBA trades, particularly regarding luxury tax avoidance and team strategies influenced by collective bargaining changes.
An argument that layoff announcements correlate with actual layoffs, supported by data analysis and Granger causality testing, indicating rising layoffs expected in 2026.
An argument that the unpredictable actions of a political figure reflect a departure from established norms, impacting both domestic and international economic and political landscapes.
The post details an experiment replicating a PNAS paper's text classification using LLMs, highlighting efficiency, cost-effectiveness, and the robustness of findings on political polarization.
An argument that American voters, despite economic concerns, are increasingly motivated by moral outrage against political brutality and injustice, challenging previous cynical assumptions about their engagement.
Jon Murphy discusses the economic implications of tariffs on trade, focusing on how they affect the burden on importing countries based on their size and market influence.
Andrea Hsu discusses a new rule that significantly increases President Trump's ability to fire federal employees.
Eric Deggans discusses how this year's Super Bowl ads prioritize generating buzz while avoiding controversy.