Econ Blog

your daily dose of economic commentary

From Bidenomics to Trumponomics: A Talk with Jared Bernstein

2901. From Bidenomics to Trumponomics: A Talk with Jared Bernstein

The discussion focuses on the U.S. economy's performance under Biden, inflation concerns, and the contrasting economic perspectives as the political landscape shifts.

Startup founder convicted of defrauding JPMorgan Chase of $175M by faking firm's success

2902. Startup founder convicted of defrauding JPMorgan Chase of $175M by faking firm's success

The Associated Press reports on Charlie Javice's conviction for defrauding JPMorgan by falsely inflating her startup's success.

Schedule for Week of March 30, 2025

2903. Schedule for Week of March 30, 2025

The post outlines key economic reports and events scheduled for the week, including employment data, trade deficits, and manufacturing surveys.

From Seattle to Miami, anti-Musk protesters gather at hundreds of Tesla locations

2904. From Seattle to Miami, anti-Musk protesters gather at hundreds of Tesla locations

Protests against Elon Musk's involvement in the Trump administration are planned at Tesla locations globally this weekend.

Judicial rulings block Kari Lake's drive to shutter Voice of America

2905. Judicial rulings block Kari Lake's drive to shutter Voice of America

A judicial decision prevents Kari Lake from pursuing efforts to close the Voice of America and Radio Free Europe/Radio Liberty.

Business Cycle Indicators for February: What Does It Mean When Consumption Falls while Income Rises?

2906. Business Cycle Indicators for February: What Does It Mean When Consumption Falls while Income Rises?

An argument that rising personal income alongside falling consumption indicates potential economic concerns, supported by various economic indicators and forecasts.

No, VATs Are NOT Like Export Subsidies

2907. No, VATs Are NOT Like Export Subsidies

Scott Sumner critiques Tyler Cowen's view on VATs and their impact on exports, arguing they do not function like export subsidies.

March 28th COVID Update: COVID Deaths Continue Declining

2908. March 28th COVID Update: COVID Deaths Continue Declining

Bill McBride discusses the decline in COVID deaths and the decision to stop tracking hospitalizations as data reporting changes.

Federal judge prevents Trump administration from dismantling CFPB

2909. Federal judge prevents Trump administration from dismantling CFPB

A federal judge issues an injunction to maintain the Consumer Financial Protection Bureau amid ongoing litigation involving the agency's union.

Appeals court rules Trump can fire board members of independent agencies

2910. Appeals court rules Trump can fire board members of independent agencies

A court ruling allows Trump to dismiss Democratic members from independent agencies, overturning a previous reinstatement decision.

2911. A View from the IMF on Nuances of Industrial Policy

An argument that industrial policies vary in effectiveness, with success linked to export-oriented strategies in Asia and failures associated with import substitution in Latin America.

PM x Radiolab: Can the economy grow forever?

2912. PM x Radiolab: Can the economy grow forever?

Jeff Guo explores the sustainability of Earth's resources and the implications for human life, questioning whether we can continue to grow economically.

Teaching David Autor at Economics of AI This Week

2913. Teaching David Autor at Economics of AI This Week

Scott Cunningham discusses David Autor's work on AI and its impact on middle-class jobs in his Economics of AI class and his upcoming guest lecture.

Social Contract Ambiguity

2914. Social Contract Ambiguity

An argument that social contract theory lacks clarity and validity, highlighting disagreements among theorists about its terms and the implications for political authority and obligation.

Stagflationary risks will slow the Fed down

2915. Stagflationary risks will slow the Fed down

The discussion highlights the Fed's cautious stance amid stagflation risks, influenced by tariffs and economic forecasts, leading to potential pauses in rate adjustments.

Of Tariffs and Totalitarianism

2916. Of Tariffs and Totalitarianism

An argument that tariffs reflect a troubling mindset in the Trump administration, undermining America's credibility and dismissing legitimate economic criticism.

Trump signs order ending union bargaining rights for wide swaths of federal employees

2917. Trump signs order ending union bargaining rights for wide swaths of federal employees

An argument that an executive order by the President eliminates collective bargaining rights for many federal employees, prompting unions to prepare for legal action.

PCE Measure of Shelter Decreases to 4.3% YoY in February

2918. PCE Measure of Shelter Decreases to 4.3% YoY in February

Bill McBride discusses the year-over-year changes in shelter costs as reported by CPI and PCE, highlighting trends and implications for future rent adjustments.

Personal Income increased 0.8% in February; Spending increased 0.4%

2919. Personal Income increased 0.8% in February; Spending increased 0.4%

The post discusses February's personal income and spending data, highlighting increases in income, consumption expenditures, and inflation rates, along with implications for economic growth.

U.S. sees large rise in border seizures of eggs, while fentanyl rate falls

2920. U.S. sees large rise in border seizures of eggs, while fentanyl rate falls

Bill Chappell discusses the significant increase in egg border seizures in the U.S. while noting a decrease in fentanyl interceptions.