Econ Blog

your daily dose of economic commentary

Smith Reviews Stiglitz

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.

A crash course in Fed independence

2482. A crash course in Fed independence

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.

Cronyism, Capitulation and Utter Chaos

2483. Cronyism, Capitulation and Utter Chaos

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.

New Home Sales Increase to 724,000 Annual Rate in March

2484. New Home Sales Increase to 724,000 Annual Rate in March

Bill McBride discusses the increase in new home sales to a 724,000 annual rate in March, highlighting revisions and supply metrics.

What to know as the government begins collections on defaulted student debt

2485. What to know as the government begins collections on defaulted student debt

Rachel Treisman discusses the resumption of collections on defaulted student debt and provides guidance for those affected.

Environmental groups say Trump administration violated their free-speech rights

2486. Environmental groups say Trump administration violated their free-speech rights

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.

MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey

2487. MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey

Mortgage applications fell significantly due to rising interest rates, impacting both refinancing and purchasing activity, despite year-over-year increases in applications.

Why Fed independence matters, according to economist Jason Furman

2488. Why Fed independence matters, according to economist Jason Furman

An argument that emphasizes the importance of Federal Reserve independence and its implications for economic policy and governance.

The Silver (-Haired) Economy

2489. The Silver (-Haired) Economy

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.

As Tesla profits plunge 71%, Elon Musk says he'll spend less time on DOGE

2490. As Tesla profits plunge 71%, Elon Musk says he'll spend less time on DOGE

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.

Maintaining stability is key to the economy. That's getting harder.

2491. Maintaining stability is key to the economy. That's getting harder.

The author discusses Jerome Powell's challenges in maintaining economic stability amid political pressures from President Trump.

President Trump says he has 'no intention' to fire Federal Reserve's Jerome Powell

2492. President Trump says he has 'no intention' to fire Federal Reserve's Jerome Powell

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.

Judge blocks Trump administration plans to dismantle Voice of America

2493. Judge blocks Trump administration plans to dismantle Voice of America

A federal judge intervenes to prevent the Trump administration from dismantling the federally funded news outlet, Voice of America.

Jury finds 'The New York Times' did not libel former Alaska Gov. Sarah Palin

2494. Jury finds 'The New York Times' did not libel former Alaska Gov. Sarah Palin

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.

Introducing Fewer Rules, Better People: The Case for Discretion

2495. Introducing Fewer Rules, Better People: The Case for Discretion

Kevin Corcoran discusses Barry Lam's argument for reducing rules and increasing discretion in modern society to improve effectiveness and human interaction.

'60 Minutes' chief resigns, saying show's independence was compromised

2496. '60 Minutes' chief resigns, saying show's independence was compromised

A resignation at CBS' 60 Minutes highlights concerns about the show's independence amid legal issues related to a past interview with Kamala Harris.

The global economy will be hit hard by Trump's tariffs, IMF warns

2497. The global economy will be hit hard by Trump's tariffs, IMF warns

An argument that the International Monetary Fund has reduced global growth forecasts due to the potential impact of President Trump's tariffs on trade.

Tuesday's Assorted Links

2498. Tuesday's Assorted Links

The post shares five stories highlighting economic trends, consumer behavior, and challenges faced by businesses, emphasizing the impact of economic principles on daily life.

Health Care Markets Fail So Government Must Intervene? Kenneth Arrow Said No Such Thing

2499. Health Care Markets Fail So Government Must Intervene? Kenneth Arrow Said No Such Thing

An argument that Kenneth Arrow's work on health care market failures is misinterpreted to justify excessive government intervention, which may worsen existing issues.

S4E21: Michael Anderson, Public and Labor Economist, UC Berkeley

2500. S4E21: Michael Anderson, Public and Labor Economist, UC Berkeley

The discussion centers on Michael Anderson's research in economics, including college athletics, preschool programs, and subway strikes, while also highlighting his personal journey.