Econ Blog

your daily dose of economic commentary

Escalation dominance?

2221. Escalation dominance?

Scott Sumner discusses the misconceptions surrounding trade war dynamics between the US and China, emphasizing the flawed perceptions of escalation dominance and economic pain tolerance.

U.S. and China cite progress in trade talks but release few details

2222. U.S. and China cite progress in trade talks but release few details

Progress in U.S.-China trade talks is noted, but specific details remain scarce following discussions in Switzerland.

2223. My Weekly Reading for May 11, 2025

David Henderson discusses various readings on Medicaid inefficiencies, individual rationality, and labor unions' impacts on worker outcomes.

Assessing the economics of AI class

2224. Assessing the economics of AI class

Scott Cunningham discusses the concept of "vibe coding" in an AI class, highlighting its democratizing effect on coding for students without programming backgrounds.

Trends in Educational Attainment in the U.S. Labor Force

2225. Trends in Educational Attainment in the U.S. Labor Force

Bill McBride discusses trends in educational attainment and its impact on unemployment rates in the U.S. labor force, highlighting the growing percentage of degree holders.

Federal employee unions fight for survival as Trump tries to eviscerate them

2226. Federal employee unions fight for survival as Trump tries to eviscerate them

The post discusses efforts by federal employee unions to maintain their rights amid attempts by Trump to eliminate those rights.

Tariff troubles: A rubber duck museum is migrating to Canada to stay afloat

2227. Tariff troubles: A rubber duck museum is migrating to Canada to stay afloat

Martha Ann Overland discusses the Rubber Duck Museum's relocation to Canada due to tariffs and the impact of U.S. policies on Canadian visitors.

Are Constitutionalism and the Rule of Law Dying?

2228. Are Constitutionalism and the Rule of Law Dying?

Pierre Lemieux discusses the decline of constitutionalism and the rule of law in America, emphasizing the implications of populism and political leadership on individual liberty.

U.S. and China begin talks amid tensions over Trump's tariff war

2229. U.S. and China begin talks amid tensions over Trump's tariff war

Willem Marx discusses the initial talks between U.S. and Chinese officials aimed at resolving tensions from Trump's tariff war affecting financial markets.

Eat, Pray, Run

2230. Eat, Pray, Run

Scott Cunningham shares his summer plans, focusing on travel, running, and teaching workshops in Europe while maintaining his health and fitness habits.

Is MR Biased?

2231. Is MR Biased?

An argument that examines potential biases in a blog's coverage of political themes, revealing a slight preference for criticizing right-leaning actors over left-leaning ones based on real-world events.

2232. Steve Keen On His Breakaway From Nonsense In Marginalist Economics

A personal account reveals a shift from neoclassical economics to a critical perspective, highlighting the limitations of conventional theories and the importance of alternative viewpoints.

The crisis of the 21st century is here

2233. The crisis of the 21st century is here

An argument that escalating conflicts, particularly between nuclear powers, indicate a return to a world of war due to the decline of global hegemony.

Schedule for Week of May 11, 2025

2234. Schedule for Week of May 11, 2025

Bill McBride outlines key economic reports and data releases scheduled for the week of May 11, 2025, including CPI, retail sales, and manufacturing surveys.

The Fox-to-Trump Funnel sweeps up Jeanine Pirro of 'The Five'

2235. The Fox-to-Trump Funnel sweeps up Jeanine Pirro of 'The Five'

The post discusses Jeanine Pirro's appointment as interim U.S. attorney in Washington, D.C., highlighting her connection to Fox News and the Trump administration.

Elizabeth Holmes' partner raises millions for new biotech testing startup

2236. Elizabeth Holmes' partner raises millions for new biotech testing startup

A former Silicon Valley figure advises her partner on a health tech startup after being convicted of defrauding investors in a previous venture.

Caplan’s Experience of Mainstream Economists and My Students’ Surprise

2237. Caplan’s Experience of Mainstream Economists and My Students’ Surprise

David Henderson discusses Bryan Caplan's insights on the disconnect between mainstream and free-market economists, reflecting on his own teaching experiences with students' perceptions of economic biases.

May 2nd COVID Update: COVID Deaths Continue to Decline

2238. May 2nd COVID Update: COVID Deaths Continue to Decline

Bill McBride discusses the decline in COVID deaths and the cessation of hospital reporting requirements, indicating a positive trend in COVID metrics.

Is the reign of the dollar over?

2239. Is the reign of the dollar over?

An argument that explores the potential decline of the dollar as the world's reserve currency and the implications of such a shift.

What to do about assessment?

2240. What to do about assessment?

The post discusses the challenges of AI-assisted cheating in education and explores various responses from educators, questioning the meaning and implications of grades.