1. On the Q4 Advance Release: GDP vs. “Core GDP” and Residential Investment
Menzie Chinn analyzes Q4 GDP data, comparing it to "Core GDP" and discussing implications for residential investment and economic forecasts.
your daily dose of economic commentary
Menzie Chinn analyzes Q4 GDP data, comparing it to "Core GDP" and discussing implications for residential investment and economic forecasts.
Alex Tabarrok discusses the Supreme Court's ruling on IEEPA tariffs, arguing that the "lesser included action" reasoning fails due to political economy considerations.
A discussion on the challenges of representing a diverse Silicon Valley district amid wealth concentration, inequality, and the impact of technology on society.
Robert Vienneau discusses the impact of technological innovations on agricultural production, land rent, and efficiency in a multi-commodity economy.
The post shares various links and thoughts on relationships, AI, and personal experiences, blending personal anecdotes with insights on love and technology.
The post discusses the president's reaction to a setback regarding tariffs and the implications for U.S. trade policy.
The discussion centers on El Salvador's potential for economic growth, tourism development, and the challenges posed by governance and regional safety risks.
The Associated Press discusses the Supreme Court's decision on tariffs and the implications for refunds of collected government funds.
The discussion centers on Trump's misuse of the International Emergency Economic Powers Act for tariffs, highlighting the implications for presidential power and constitutional authority.
The post discusses recent U.S. GDP growth rates, their implications for recession indicators, and the impact of consumption and government spending on economic performance.
Claudia Sahm discusses the importance of trusting economic data from federal agencies and the safeguards against manipulation that ensure its credibility.
An argument that Trump's tariffs have not effectively reduced the US trade deficit, highlighting macroeconomic factors as the primary determinants of trade balances.
The post concludes a series on using Claude Code and OpenAI's gpt-4o-mini to analyze and reclassify immigration-related speeches, revealing unexpected patterns in the data.
An argument that the ultra-rich benefit from significant tax advantages, exacerbating wealth inequality and undermining economic stability, while the political power of this elite is often overlooked.
An argument that immigration concerns often misinterpret Friedman’s views, suggesting that illegal immigration can be beneficial while proposing nuanced solutions to welfare access issues.
An argument that evaluates the electoral track records of potential Democratic candidates for 2028, highlighting strengths and weaknesses in comparison to each other.
An argument that Democrats should develop economic policies adaptable to the uncertainties posed by rapid AI advancements, moving beyond past progressive strategies.
The post discusses the Supreme Court's ruling on Trump's tariffs, highlighting the economic implications and context surrounding the decision.
Economic growth in 2025 showed a slight slowdown, driven by strong consumer spending and business investment despite a decrease from the previous year's growth rate.
Saliva tests could simplify disease detection but face challenges like insurance coverage that hinder broader implementation.