Econ Blog

your daily dose of economic commentary

Final Look at Local Housing Markets in May and a Look Ahead to June Sales

2221. Final Look at Local Housing Markets in May and a Look Ahead to June Sales

The post analyzes local housing market trends in May, highlighting sales declines, inventory levels, and price changes while anticipating June's data.

The Coming Health Care Apocalypse

2222. The Coming Health Care Apocalypse

Paul Krugman discusses the impending negative impacts of proposed Republican legislation on health care and low-income Americans, emphasizing the loss of insurance coverage.

Stocks climb to new record highs

2223. Stocks climb to new record highs

Scott Horsley discusses the S&P 500 and Nasdaq reaching record highs despite trade tensions and conflicts in the Middle East.

PCE Measure of Shelter Decreases to 4.1% YoY in May

2224. PCE Measure of Shelter Decreases to 4.1% YoY in May

Bill McBride discusses the year-over-year changes in shelter costs as reported by CPI and PCE, highlighting trends and implications for future rent increases.

Personal Income Decreased 0.4% in May; Spending Decreased 0.1%

2225. Personal Income Decreased 0.4% in May; Spending Decreased 0.1%

Bill McBride discusses the decrease in personal income and spending in May 2025, along with inflation trends and their implications for economic growth.

The dawn of the posthuman age

2226. The dawn of the posthuman age

An argument that the Industrial Revolution marked a significant transformation in human life, contrasting past expectations of a technological Singularity with current productivity trends and future possibilities.

Solar manufacturing is booming. Advocates say it could go bust without incentives

2227. Solar manufacturing is booming. Advocates say it could go bust without incentives

An argument that ending tax incentives for solar developers could jeopardize the growth of the American solar manufacturing industry.

Several countries have privatized air traffic control. Should the U.S.?

2228. Several countries have privatized air traffic control. Should the U.S.?

Joe Hernandez discusses the debate over privatizing air traffic control in the U.S. and its implications for the aviation industry.

Babies v climate change; AI v IP; bonds v world

2229. Babies v climate change; AI v IP; bonds v world

An argument that explores the impact of population growth on climate change, legal decisions regarding AI, and the current state of the bond market.

Trump says he's terminating trade talks with Canada, 'effective immediately'

2230. Trump says he's terminating trade talks with Canada, 'effective immediately'

An announcement is made regarding a trade agreement between the U.S. and China, with expectations for a similar deal with India.

Cochrane on Monetary Policy

2231. Cochrane on Monetary Policy

Scott Sumner discusses his differing views on monetary policy compared to John Cochrane, particularly regarding the effects of fiscal and monetary actions on inflation and employment.

Highlights of Don Boudreaux Talk: Championing Free Trade in an Age of Economic Nationalism

2232. Highlights of Don Boudreaux Talk: Championing Free Trade in an Age of Economic Nationalism

David Henderson discusses Don Boudreaux's insights on free trade, economic history, and the impact of trade deficits during a recent talk he attended.

Bill Moyers, the former White House press secretary turned acclaimed TV journalist, dead at 91

2233. Bill Moyers, the former White House press secretary turned acclaimed TV journalist, dead at 91

The post discusses the death of a notable former White House press secretary who transitioned into a celebrated television journalist.

As Iran and Israel fought, people turned to AI for facts. They didn't find many

2234. As Iran and Israel fought, people turned to AI for facts. They didn't find many

Huo Jingnan discusses how people turned to AI for information during the Iran-Israel conflict but found limited factual content.

Kelo at 20 Years: How to Regulate the Regulators?

2235. Kelo at 20 Years: How to Regulate the Regulators?

Edward J. Lopez discusses the implications of the Kelo v. City of New London ruling on eminent domain and suggests regulatory reforms to prevent abuse while preserving legitimate uses.

2236. Interview with Austan Goolsbee: Being at the Fed, House Prices, AI, and More

Timothy Taylor discusses Austan Goolsbee's insights on monetary policy, data analysis, and challenges in the housing market as president of the Chicago Fed.

Sloppy AI Entry

2237. Sloppy AI Entry

Joshua Gans discusses the challenges of AI-generated content, particularly the prevalence of disinformation and the need for effective filtering mechanisms to maintain trust in information.

Mamdani and the Moguls of Madness

2238. Mamdani and the Moguls of Madness

Paul Krugman discusses the implications of Mamdani's election victory and critiques the political elite's response, emphasizing issues of accountability and affordability in New York City.

How does President Trump make his money? Real estate, hospitality and his name

2239. How does President Trump make his money? Real estate, hospitality and his name

Stephen Fowler discusses President Trump's income sources, including real estate, hospitality, and branding, highlighting his financial disclosures and campaign-related earnings.

Inflation Adjusted House Prices 1.7% Below 2022 Peak; Price-to-rent index is 8.8% below 2022 peak

2240. Inflation Adjusted House Prices 1.7% Below 2022 Peak; Price-to-rent index is 8.8% below 2022 peak

The post discusses current inflation-adjusted house prices and their comparison to past peaks, emphasizing the importance of real price analysis in the housing market.