your daily dose of economic commentary
Robert Vienneau reviews Boettke, Candela, and Truitt's work on the socialist calculation debate, discussing its chapters and critiques of economic theories related to socialism.
The author recounts discovering Mexican art through a visit to an art dealer, leading to a journey to a remote village to find a specific painter.
Darian Woods discusses Gen Z's perception of financial insecurity despite having higher earnings and wealth compared to previous generations, a phenomenon termed 'money dysmorphia'.
An argument that a recession could align with Trump's economic goals, exploring its implications for trade deficits and the necessary economic conditions to achieve them.
The post discusses factors contributing to California's high gas prices, the benefits of global trade, and the historical context of Reagan's trade policies.
The discussion centers on the complexities of national security in trade policies, particularly how different countries justify protectionism for agricultural sectors despite lacking comparative advantages.
An argument that rising economic policy uncertainty negatively affects employment, with projections indicating significant declines based on historical data and analysis of recent trends.
The post discusses the decline in equipment investment linked to increased trade policy uncertainty, supported by various economic analyses and data visualizations.
An argument that markets should not be viewed as tools of politics, emphasizing individual freedom and the philosophical underpinnings of economic exchange without coercion.
Tyler Cowen critiques Scott Alexander's views on aid and overhead, addressing misunderstandings and misrepresentations in their discussions on these topics.
Paul Krugman discusses a court ruling on Trump's trade war with Joey Politano, highlighting the implications for tariffs and emergency powers in trade policy.
An argument that critiques the oversimplification of economics by some commentators, emphasizing the importance of understanding economic theories and methods before making broad claims.
Bill McBride outlines the key economic reports scheduled for the week of June 1, 2025, including employment and manufacturing data.
Scott Cunningham discusses the rapid evolution and citation surge of continuous diff-in-diff methods in economics, highlighting recent developments and personal applications in causal inference.
Menzie Chinn discusses the concept of "core" GDP and its implications for economic momentum and growth forecasts in 2025Q2.
Concerns arise over Meta's automation strategy, which may enable AI to make critical decisions regarding privacy and societal risks associated with its applications.
Menzie Chinn discusses Trump's growth predictions, comparing them to past promises and analyzing GDP data related to those forecasts.
Menzie Chinn discusses the updated Michigan survey figures, highlighting improvements in economic sentiment despite previously negative expectations.
An argument that the burden of tariffs primarily falls on consumers or producers depends on the elasticities of demand and supply, not merely on who pays the tariffs.
Menzie Chinn discusses revisions in consumption and income levels, along with indicators of economic growth through April, based on various data sources.