2481. Smith Reviews Stiglitz
Alex Tabarrok discusses Vernon Smith's critique of Joe Stiglitz's economic theories, emphasizing the importance of empirical research in understanding market behavior.
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Alex Tabarrok discusses Vernon Smith's critique of Joe Stiglitz's economic theories, emphasizing the importance of empirical research in understanding market behavior.
The post discusses the importance of Federal Reserve independence, particularly in light of political pressures and potential threats from the President regarding monetary policy decisions.
The post critiques the ethical implications of a Treasury official's closed-door remarks on trade policy, highlighting cronyism and the chaotic nature of current negotiations.
Bill McBride discusses the increase in new home sales to a 724,000 annual rate in March, highlighting revisions and supply metrics.
Rachel Treisman discusses the resumption of collections on defaulted student debt and provides guidance for those affected.
A lawsuit claims the Trump administration infringed on the free-speech rights of nonprofits and municipalities by freezing or canceling federal funding for climate projects.
Mortgage applications fell significantly due to rising interest rates, impacting both refinancing and purchasing activity, despite year-over-year increases in applications.
An argument that emphasizes the importance of Federal Reserve independence and its implications for economic policy and governance.
Timothy Taylor discusses the implications of an aging population on the economy, highlighting trends in workforce participation and the potential for older individuals to contribute economically.
Camila Domonoske discusses Elon Musk's reduced involvement with the federal government amid a significant drop in Tesla's profits and ongoing strong demand for the cars.
The author discusses Jerome Powell's challenges in maintaining economic stability amid political pressures from President Trump.
The post discusses President Trump's statement regarding his intention not to dismiss Federal Reserve Chair Jerome Powell, addressing concerns about the central bank's independence.
A federal judge intervenes to prevent the Trump administration from dismantling the federally funded news outlet, Voice of America.
The Associated Press reports that a jury found The New York Times did not libel Sarah Palin regarding a 2017 editorial error affecting her reputation.
Kevin Corcoran discusses Barry Lam's argument for reducing rules and increasing discretion in modern society to improve effectiveness and human interaction.
A resignation at CBS' 60 Minutes highlights concerns about the show's independence amid legal issues related to a past interview with Kamala Harris.
An argument that the International Monetary Fund has reduced global growth forecasts due to the potential impact of President Trump's tariffs on trade.
The post shares five stories highlighting economic trends, consumer behavior, and challenges faced by businesses, emphasizing the impact of economic principles on daily life.
An argument that Kenneth Arrow's work on health care market failures is misinterpreted to justify excessive government intervention, which may worsen existing issues.
The discussion centers on Michael Anderson's research in economics, including college athletics, preschool programs, and subway strikes, while also highlighting his personal journey.