2381. Global Inequality: Branko Milanovic
A discussion on global inequality, focusing on data challenges and the significance of understanding income disparities among world citizens.
your daily dose of economic commentary
A discussion on global inequality, focusing on data challenges and the significance of understanding income disparities among world citizens.
Bill McBride outlines key economic reports and events scheduled for the week of June 15, 2025, including retail sales and housing starts.
Scott Sumner argues that the 2020s reflect a self-centered culture, illustrated by political actions that prioritize lawmakers' interests over public safety and accountability.
An argument that recent economic indicators and policy uncertainties suggest a higher likelihood of recession, estimating GDP growth could be negative by 2026.
Kenny Malone discusses the inner workings of DOGE, its impact on the federal workforce, and the secrecy surrounding its cost-cutting initiatives.
Bill McBride discusses the decline in weekly COVID deaths, noting a new low and changes in reporting requirements for hospitals.
Kevin Corcoran discusses the challenges of legalism and definitions in law, illustrating the complexities with examples from Barry Lam's book and a legal case involving the Clean Waters Act.
Tarnell Brown argues that high tariff schemes negatively impact GDP and that imports do not directly affect domestic economic measures.
An argument that "buy now, pay later" services may serve as a substitute for the diminishing millennial lifestyle subsidy, exploring their implications on consumer behavior.
An argument that crude oil prices surged and stock markets declined following military actions between Israel and Iran.
An argument that recent legislation disproportionately harms low-income Americans while benefiting the wealthy, reflecting a troubling trend in political power and democratic integrity.
Noah Smith discusses how social media has contributed to America's societal unrest, despite strong economic performance, highlighting a decline in trust and rising polarization.
The discussion includes the financial implications of Trump's military parade, FEMA's potential phase-out, and changes at Warner Bros. Discovery.
Menzie Chinn discusses the importance of protecting the Congressional Budget Office's credibility for Congress's ability to effectively challenge executive policies and maintain democratic integrity.
Asian markets decline as oil prices rise following Israel's attack on Iran, highlighting escalating tensions over Iran's nuclear program.
Jon Hartley discusses banking crises, stablecoin regulation, and Fed policy with Randal Quarles, focusing on his career and insights into financial regulation.
An argument that mass deportation could lead to increased grocery prices due to rising labor costs in agriculture and food processing sectors.
The post discusses potential reasons for the Boeing 787 Dreamliner's inability to climb, referencing insights from an aviation expert.
Jon Murphy discusses the failures of economic planning under the Trump administration, emphasizing the unpredictability of human behavior in economic systems.
Paul Krugman discusses the dangerous political implications of the Trump administration's militarized response to protests in Los Angeles, framing it as an authoritarian move against dissent.