2861. AI Discovers New Uses for Old Drugs
Alex Tabarrok discusses how AI is uncovering new applications for existing drugs, highlighting advantages and challenges in drug repurposing and FDA regulations.
2862. A Note on Trade Deficits and Manufacturing
Paul Krugman discusses the limited role of trade deficits in U.S. deindustrialization, emphasizing that other factors are more significant in the decline of manufacturing.
2863. Construction Spending Increased 0.7% in February
Construction spending increased in February 2025, with both private and public sectors showing growth compared to previous months and year-over-year figures.
2864. Last week’s spending cuts were not the fault of the OBR or a medium term golden fiscal rule
An argument that misconceptions about the Office for Budget Responsibility's role in fiscal policy overlook its independence and the broader context of economic decision-making since 2010.
2865. BLS: Job Openings Decreased to 7.6 million in February
Bill McBride discusses the decrease in job openings to 7.6 million in February, highlighting labor market trends and statistics from the BLS report.
2866. Crumbling trust in American institutions: A MAHA activist takes on Girl Scout cookies
Greg Rosalsky discusses the controversy surrounding Girl Scout cookies and how it reflects a broader decline in trust towards American institutions.
2867. More billionaires than ever ranked in Forbes' annual list. Here are the top 10
A Martínez discusses the increase in billionaires globally, highlighting that they now exceed 3,000 and possess a combined wealth of $16.1 trillion.
2868. Living in Freiburg, Germany
Tyler Cowen reflects on his transformative experience living in Freiburg, Germany, and the personal decisions that shaped his academic and cultural journey.
2869. Should we vote for all judges?
An argument that Mexico's move to elect judges aims to enhance court integrity but raises concerns about judicial independence and impacts on businesses.
2870. Republicans are acting like there’s a Blue Wave coming
The post discusses the potential for Democrats to retake the House of Representatives, analyzing special elections and Republican underperformance in recent contests.
2871. What Ought Economists Do?
Max Molden discusses the role of economists in society, emphasizing their duty to provide advice based on citizens' preferences rather than imposing their own judgments.
2872. The AI Market Ecosystem
An argument that the AI market ecosystem encompasses various components including hardware, cloud computing, training data, and foundation models, highlighting key players and market dynamics.
2873. Forward Looking Implications of Consumption Behavior in the Trump 2.0 Era
An argument that rising income excluding current transfers leads to a decline in aggregate consumption, influenced by tariff-induced front-loading in December.
2874. The Simple Power of The 2x2: Personal Reflection on Difference-in-Differences
The post reflects on the author's intellectual journey with causal inference and difference-in-differences, highlighting personal insights and challenges in understanding econometric concepts.
2875. It Is Basically Holistically Intuitive
The post critiques the misunderstanding of tariffs and their economic implications, highlighting the dangers of protectionist policies and the need for sound economic reasoning in political decisions.
2876. How Brazil built a world-beating aircraft manufacturer
Pedro Franco discusses Brazil's successful aircraft manufacturer Embraer, highlighting its industrial policy and contrasting it with the Zona Franca of Manaus as a cautionary tale.
2877. Sell Floyd Bennett Field!
Alex Tabarrok argues for selling underutilized federal lands, including Floyd Bennett Field, to raise funds and improve land efficiency amid a housing crisis.
2878. Why Some of Us Never Switched Back to Regular Eggs
Jadrian Wooten discusses how rising egg prices led some consumers to prefer organic and specialty eggs, altering perceptions of value despite conventional eggs becoming cheaper again.
2879. MAGA is Bad for Business
An argument that small business owners mistakenly support Republicans, particularly Trump, despite evidence showing that Democratic policies are better for business and economic stability.
2880. Duncan Foley On Why General Equilibrium Maybe Is Not Neoclassical Economics
Robert Vienneau discusses Duncan Foley's critique of general equilibrium theory and its distinction from neoclassical economics, emphasizing the lack of substantive economic intuition.