your daily dose of economic commentary
The post discusses upcoming workshops on causal inference and machine learning, highlighting their importance for students and professionals in various fields, particularly industrial organization and government.
An argument that free trade enhances dynamic efficiency, fostering innovation and economic growth, while protectionism stifles progress and undermines societal prosperity.
Paul Krugman discusses how China's economic power has surpassed that of the U.S., criticizing the Trump administration's detrimental policies on science and renewable energy.
Robert Vienneau discusses the labor theory of value and its application to price determination in specific economic contexts.
Andrea Hsu discusses federal employee layoffs and the unions' request for judicial intervention amid the government shutdown.
A lawsuit regarding Tesla's compensation package for Elon Musk is being reviewed by the Delaware Supreme Court.
Rachel Treisman explores the historical origins of the term 'broadcasting' from agriculture to its adoption in media, particularly radio.
An argument that the diminishing interest rate gap between US Treasury bonds and corporate AAA-rated bonds raises concerns about the perceived safety of Treasury debt.
The post discusses various stories related to economic principles, including laws affecting streaming services, AI in government reports, gold prices, and college sports buyouts.
Kevin Corcoran explores how intuitions shape worldviews and public policy perspectives, particularly through the lens of economic regulations like "click-to-cancel."
An argument that cryptocurrency's value is increasingly tied to political support, particularly from Trump, and its recent crash reflects political rather than economic factors.
Noah Smith discusses the Nobel Prize in Economics, focusing on the winners' research about competition, innovation, and their implications for economic growth.
The post discusses the significance of the 2025 Nobel Prize in economics awarded for insights into the relationship between technology and economic growth.
The post discusses the rapid growth of data centers and the significant energy and environmental challenges they pose.
Menzie Chinn discusses the composition of central bank reserves, focusing on the increase in gold holdings driven by rising gold prices in Q2.
Timothy Taylor discusses the Nobel Prize awarded for explaining innovation-driven economic growth, highlighting the contributions of Aghion, Howitt, and Mokyr while noting gaps in their explanations.
Jon Murphy discusses the Nobel Prize in Economics awarded to Mokyr, Aghion, and Howitt for their contributions to understanding innovation-driven economic growth and its historical context.
The post examines the financial implications of buyout clauses for fired college football coaches, highlighting the economic rationale behind these lucrative payouts despite job instability.
An argument that Trump's trade policies are undermining U.S. economic strength and inadvertently benefiting China by disrupting established international trade norms and scientific research funding.
The post reflects on the contributions of a co-blogger to discussions about the mortgage industry, particularly focusing on foreclosure and loan servicing complexities.