2701. Inputs are Nested Fractally
Kevin Corcoran discusses the complexity of production inputs and the negative impact of tariffs on the economy, using the example of a pencil's creation.
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Kevin Corcoran discusses the complexity of production inputs and the negative impact of tariffs on the economy, using the example of a pencil's creation.
The Trump administration reconsidered a ban on Nvidia's AI chip sales to China after a dinner at Mar-a-Lago, impacting Chinese companies' stockpiling strategies.
Recommendations for FDA reform include easing manufacturing regulations, utilizing AI for data processing, publishing all trial results, and creating competitive approval frameworks to enhance drug development.
Bill McBride discusses the current housing market's state, emphasizing the impact of economic factors like inventory and stock market volatility on home sales and prices.
Rafael Nam discusses the modest gains in U.S. stocks amid escalating tariff tensions between the U.S., China, and the EU.
Paul Krugman discusses the potential economic crisis resulting from Donald Trump's unpredictable tariff policies and their implications for business investment and inflation expectations.
Menzie Chinn discusses the macroeconomic implications of tariffs, financial disruptions, and rising recession odds, highlighting the interplay between micro and macro factors.
Mortgage applications surged 20% due to lower rates, with significant increases in both purchase and refinance applications, reflecting economic uncertainty's impact on the housing market.
Rachel Treisman explores the origin of the word "tariff" and its significance in contemporary discussions, particularly in the context of President Trump's remarks.
Tyler Cowen discusses the challenges and benefits of collaborative inquiry, emphasizing the importance of structured dialogue and shared experiences in enhancing understanding.
James Doubek discusses how home appliance companies are integrating AI into products to gather data and foster long-term customer relationships.
Michel Martin discusses how influential figures are leveraging lawsuit threats to suppress media coverage and undermine the truth.
The post explores the implications of an economist transitioning to a political role, focusing on how economic expertise influences political decision-making.
Asian markets, particularly Japan's Nikkei 225, fell sharply due to the implementation of new U.S. tariffs on Chinese imports.
Sherisse Pham discusses the decline of Asian markets following Trump's tariffs and China's potential response to protect its economy.
An argument that the yield curve's behavior, including steepening and inverting, signals economic conditions and potential recession indicators based on recent data trends.
Timothy Taylor discusses the limitations of state and local governments in managing public services and the impact of federal funding and administrative laws on their effectiveness.
Camila Domonoske discusses the dispute between Peter Navarro and Elon Musk regarding Tesla's reliance on imported parts, highlighting Musk's factual accuracy.
A judge mandates the White House to grant the Associated Press access to news events, rejecting restrictions based on terminology preferences.
Nate Silver discusses Silicon Valley's initial support for Trump and the subsequent disillusionment as economic expectations fail to materialize.