1981. Service costs aren't exploding anymore
Noah Smith discusses the changing narratives around wage stagnation and service costs in the U.S. economy, highlighting misconceptions from the past decade.
your daily dose of economic commentary
Noah Smith discusses the changing narratives around wage stagnation and service costs in the U.S. economy, highlighting misconceptions from the past decade.
Brittney Melton discusses Trump's celebration of the U.S. Steel deal with Japan and speculates on the future of DOGE following Elon Musk's departure.
Menzie Chinn critiques Stephen Moore's allegations against the CBO's economic predictions and highlights the importance of accurate forecasting in policy-making.
A lawsuit alleges that oil companies' misrepresentations about climate change contributed to a woman's death during an extreme heat event.
Alina Selyukh discusses the potential impact of court rulings on Trump's tariffs and the uncertainty faced by American importers regarding refunds.
John Ruwitch discusses how AI-driven "vibe coding" allows anyone to create software without programming skills, raising concerns about job security for programmers.
Andrea Hsu discusses the impact of federal workforce reductions on American agriculture and pest control under President Trump's administration.
Timothy Taylor discusses the Supreme Court's ruling on NEPA and its implications for permitting reform in infrastructure projects, particularly regarding environmental impact assessments.
Menzie Chinn analyzes the implications of rising long-term US government yields, focusing on default risk and its effects on the yield curve and currency value.
Scott Sumner discusses the negative economic impact of FDR's wage policy in 1933 and draws parallels with contemporary trade policy under the Trump administration.
The post discusses the suspension of Market Basket's CEO amid allegations of work stoppage plans and resistance to succession planning.
Jon Murphy discusses how tariffs imposed by the U.S. are primarily paid by Americans, challenging the notion that foreign producers bear the cost.
Bill McBride discusses the significant increase in active home inventory and new listings reported by Realtor.com, highlighting trends in the housing market.
A discussion on the recent Court ruling against Trump's tariff policies, highlighting the legal and economic implications of his administration's trade practices.
Noah Smith discusses the negative impact of the Trump administration's policies on foreign students and their importance to the U.S. economy and innovation.
The author recounts their initial experience with media exposure following Princess Diana's death, discussing the impact on their work and personal insights gained from the experience.
Financial markets reacted positively to a court decision preventing the imposition of extensive tariffs on imports by the Trump administration.
Wailin Wong examines the legitimacy of Trump's touted trade deals through insights from a former U.S. trade negotiator.
A discussion on international economics, focusing on sovereign debt, monetary policy, and the US dollar's global status, featuring insights from a prominent economist's career.
Paul Krugman discusses a federal court ruling against Trump's tariffs, highlighting the misuse of emergency powers and the implications for trade policy.