2761. World markets plunge with Japan's Nikkei diving nearly 8% after Wall St. meltdown
Asian markets fell sharply following a significant decline on Wall Street, driven by concerns over U.S. tariff increases and reactions from China.
2762. U.S. stocks are volatile as selloffs sweep through global markets
Rachel Treisman discusses the global market decline due to increased U.S. tariffs and the resulting reactions from China.
2763. My Weekly Reading for April 6, 2025
The post discusses biases in health science, critiques NIH funding, and highlights a court ruling favoring medical innovation against FDA regulations.
2764. Bill McBride/Calculated Risk on “Recession Watch”
Concerns are raised about tariff policies and their potential impact on the economy, alongside analysis of employment and GDP forecasts indicating economic softness.
2765. On the “Reciprocal” Tariff Plan
An argument that the proposed tariff model is fundamentally flawed, lacking coherence and understanding of economic principles, particularly regarding trade deficits and monetary exchange.
2766. The Ugliness of the Great Protectionist State
An argument that protectionist policies harm the economy by discouraging foreign investment and trade, potentially leading to increased government control and public disillusionment.
2767. Why Do Domestic Prices Rise With Tarriffs?
Alex Tabarrok explains that tariffs raise domestic prices due to increased opportunity costs in production, not merely because of reduced competition.
2768. Mixtape University: Diff-in-diff with a checklist. Why Can't I Use an Already Treated Group as a Control?
A discussion on using difference-in-differences methodology in causal inference, emphasizing the importance of control groups and the distinction between forward and reverse engineering.
2769. AAR: Rail Carloads and Intermodal Up in March
The post discusses recent increases in rail carloads and intermodal traffic, highlighting the impact of economic conditions and trade policy on the freight rail sector.
2770. Jaguar and Land Rover maker pauses shipments to US as it develops post-tariff plans
The Associated Press reports that Jaguar Land Rover is halting U.S. shipments to adjust to Trump's tariffs and develop new trade strategies.
2771. I, Pencil with Tariff Rates Added
David Henderson discusses Leonard Read's "I, Pencil" and examines the impact of tariff rates on pencil production under Trump's trade policies.
2772. How automakers are responding to the 25% car tariffs so far
The post discusses immediate effects of new tariffs on foreign cars, including layoffs and shipment delays in the automotive industry.
2773. Recession Watch
An argument that recent tariff policies and economic indicators may signal a potential recession, while noting the resilience of the U.S. economy and avoiding definitive predictions.
2774. America’s Cultural Revolution
Scott Sumner critiques the Trump Administration's tariff calculations, highlighting significant mathematical errors and drawing parallels to the Chinese Cultural Revolution's impact on expertise.
2775. Closing tabs
The post discusses various topics including AI's impact on jobs, mental health treatment, trade tariffs, and personal reflections on life tasks and responsibilities.
2776. A Conversation With Elizabeth Warren
Paul Krugman discusses Elizabeth Warren's views on tariffs, economic uncertainty, and the implications of Republican tax plans during their conversation.
2777. Trump closes loophole used by American shoppers to buy Chinese goods tariff-free
A loophole permitting tariff-free purchases of Chinese goods by American shoppers is set to close, impacting direct shipments from China and Hong Kong.
2778. My 1979 trip to Oxford and London
Tyler Cowen reflects on his 1979 trip to Oxford and London, sharing experiences from an economics course and his impressions of the cities.
2779. April 4th COVID Update: COVID Deaths Continue Declining
The post discusses the decline in COVID-19 deaths, updates on hospital reporting requirements, and trends in wastewater data as indicators of the pandemic's status.
2780. How the War on Drugs got us... blueberries
The discussion connects the availability of Peruvian blueberries in winter to the war on drugs, highlighting its impact on trade policy and foreign aid.