Econ Blog

your daily dose of economic commentary

Federal court keeps Trump tariffs in place — for now

2001. Federal court keeps Trump tariffs in place — for now

The Associated Press discusses a federal court ruling that blocks Trump from using emergency powers to impose tariffs, citing overreach of authority.

2002. Marina von Neumann Whitman, RIP

David Henderson reflects on his experiences with economist Marina von Neumann Whitman, sharing anecdotes from their time at the Council of Economic Advisers.

Turnout didn’t cost Kamala Harris the election

2003. Turnout didn’t cost Kamala Harris the election

Nate Silver discusses how turnout was not the primary factor affecting Kamala Harris's election results, highlighting shifts in voter behavior and Democratic strategies.

Fewer Rules, Better People: Where Lam Falls Short

2004. Fewer Rules, Better People: Where Lam Falls Short

An argument that critiques the shortcomings in Lam's analysis of discretion, emphasizing the distinction between law and legislation and the importance of social norms over written rules.

Some Stabilization in Economic Confidence

2005. Some Stabilization in Economic Confidence

Menzie Chinn discusses recent trends in economic sentiment and the differing responses of political groups to economic news.

Las Vegas in April: Visitor Traffic Down 5.1% YoY; Convention Traffic up 13.9% YoY

2006. Las Vegas in April: Visitor Traffic Down 5.1% YoY; Convention Traffic up 13.9% YoY

Visitor traffic in Las Vegas decreased by 5.1% year-over-year, while convention attendance increased by 13.9%, reflecting consumer uncertainty amid changing federal policies.

Inflation Adjusted House Prices 1.0% Below 2022 Peak; Price-to-rent index is 8.1% below 2022 peak

2007. Inflation Adjusted House Prices 1.0% Below 2022 Peak; Price-to-rent index is 8.1% below 2022 peak

Bill McBride discusses the current state of inflation-adjusted house prices and the price-to-rent index in relation to their 2022 peaks.

America Turns Its Back on the World

2008. America Turns Its Back on the World

An argument that recent U.S. policies restricting international student visas threaten the economy and higher education, undermining a vital sector and innovation in the country.

FDIC: Commercial Real Estate "Past-Due and nonaccrual" Highest Since 2014

2009. FDIC: Commercial Real Estate "Past-Due and nonaccrual" Highest Since 2014

An argument that the FDIC's report highlights increasing past-due and nonaccrual loans in commercial real estate, marking the highest levels since 2014, despite overall favorable asset quality metrics.

MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey

2010. MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey

Bill McBride discusses a decrease in mortgage applications and rising interest rates based on the latest data from the Mortgage Bankers Association.

'We're in a holding pattern': Home sales and building slump in the face of uncertainty

2011. 'We're in a holding pattern': Home sales and building slump in the face of uncertainty

Laurel Wamsley discusses the decline in home sales and construction due to uncertainty in the market, causing potential buyers to hesitate.

2012. The Problem with Pessimism

Scott Sumner discusses the dangers of pessimism in contemporary politics, contrasting it with historical contexts and emphasizing the consequences of prolonged stability and success.

Imports from China, Foretold

2013. Imports from China, Foretold

The post discusses the correlation between inbound container traffic and imports from China, analyzing trends and predicting future import behavior amidst trade policy uncertainties.

Politicians in Black Robes

2014. Politicians in Black Robes

Jon Murphy discusses the role of judges in the legal system, exploring how their incentives can lead them to act like politicians rather than impartial arbiters of the law.

Tuesday's Assorted Links

2015. Tuesday's Assorted Links

The post highlights various stories that illustrate economic principles and their applications in education and workplace dynamics.

A few comments on the Seasonal Pattern for House Prices

2016. A few comments on the Seasonal Pattern for House Prices

An argument that house prices exhibit a seasonal pattern influenced by distressed sales, with recent increases in seasonal swings despite a lack of such sales.

Despite the pause on high tariffs, Chinese factories still face high uncertainty

2017. Despite the pause on high tariffs, Chinese factories still face high uncertainty

Emily Feng discusses the uncertainty faced by Chinese factories despite a temporary pause on high U.S. tariffs.

If Mississippi Became a Sovereign Country

2018. If Mississippi Became a Sovereign Country

The post explores the implications of Mississippi becoming a sovereign nation, focusing on economic disparities, trade dynamics, and the potential benefits of unilateral free trade.

A Letter to Europe

2019. A Letter to Europe

Paul Krugman advises Europe against appeasing Trump regarding trade tariffs, arguing that the EU holds significant power and should not concede to U.S. demands.

The Age of Twitter is finally ending. Can Substack take its place?

2020. The Age of Twitter is finally ending. Can Substack take its place?

Noah Smith discusses the decline of Twitter's influence and explores how Substack could potentially fill the gap in media consumption and discussion.