Econ Blog

your daily dose of economic commentary

DOGE is the Theranos of Cost-Cutting

3441. DOGE is the Theranos of Cost-Cutting

Paul Krugman discusses the failures of DOGE and the declining public confidence in Donald Trump’s economic policies, highlighting issues of accountability and transparency.

A Third Double-Fluke Case For A Triple-Switching Example

3442. A Third Double-Fluke Case For A Triple-Switching Example

Robert Vienneau discusses a complex economic model involving double-fluke cases and triple-switching in relation to profit rates and production techniques.

NFP Prospects

3443. NFP Prospects

Menzie Chinn discusses the implications of federal workforce reductions and trade policy uncertainty on the macroeconomic outlook.

Push Through the Learning Pit

3444. Push Through the Learning Pit

Miles Kimball discusses the importance of balancing excellence and righteousness, emphasizing the value of perseverance through the "learning pit" in education and personal growth.

Frances Perkins, Loretta Ford and Policy Hope

3445. Frances Perkins, Loretta Ford and Policy Hope

Miles Kimball discusses the impactful legacies of Frances Perkins and Loretta Ford, highlighting their contributions to policy change and the potential for future reforms.

Disparate Outcomes and Systemic Racism

3446. Disparate Outcomes and Systemic Racism

Miles Kimball discusses the roots of disparate outcomes among races and sexes, emphasizing systemic racism and its impact on policies and intergenerational transmission of disadvantages.

3447. My Weekly Reading for February 23, 2025

David Henderson discusses various readings on U.S. foreign policy, COVID-19 responses, and immigration welfare use in his weekly review.

Housing Starts and Recessions

3448. Housing Starts and Recessions

Carl Quintanilla discusses the relationship between housing starts and recessions, highlighting economic indicators and forecasting models while expressing caution about predicting a recession.

The Ukraine peace deal

3449. The Ukraine peace deal

Tyler Cowen discusses the complexities of the Ukraine peace deal, highlighting economic implications, political dynamics, and the potential for future aid and support.

My Field Guide for Deeply Feeling

3450. My Field Guide for Deeply Feeling

Scott Cunningham reflects on personal growth, emotional entanglement, and the usefulness of psychological models in navigating life's complexities.

Federal Debt: More Than You Want to Know

3451. Federal Debt: More Than You Want to Know

Paul Krugman discusses federal debt, its historical context, and the need for responsible political action to manage it effectively.

Only fools think Elon is incompetent

3452. Only fools think Elon is incompetent

Noah Smith argues that dismissing Elon Musk's competence is misguided, emphasizing his exceptional organizational skills and accomplishments in technology and manufacturing.

Why I think AI take-off is relatively slow

3453. Why I think AI take-off is relatively slow

Tyler Cowen argues that the slow adoption of AI is influenced by economic inefficiencies, regulatory bottlenecks, and human limitations in productivity.

A Fed Inflation Credibility Index under Trump

3454. A Fed Inflation Credibility Index under Trump

Menzie Chinn analyzes inflation expectations and credibility during Trump's administrations using survey data and economic measures.

Schedule for Week of February 23, 2025

3455. Schedule for Week of February 23, 2025

Bill McBride discusses key economic reports and data releases scheduled for the week of February 23, 2025, including home sales and GDP estimates.

Hire Don’t Fire at the FDA

3456. Hire Don’t Fire at the FDA

Alex Tabarrok argues that increasing FDA staff, rather than firing employees, is essential for faster drug approvals and better patient outcomes.

A Conversation with Jim Chanos

3457. A Conversation with Jim Chanos

Paul Krugman discusses his conversation with Jim Chanos about market conditions and global trends, highlighting Chanos's insights and charm.

The Mother of All Magic Asterisks

3458. The Mother of All Magic Asterisks

Menzie Chinn critiques the House Budget's unrealistic revenue plans and economic assumptions, highlighting potential impacts on GDP and national debt.

Dis-Inversion and Re-Inversion over the Last 3 Months

3459. Dis-Inversion and Re-Inversion over the Last 3 Months

Menzie Chinn discusses recent trends in yield curves and term spreads, indicating concerns about economic growth over various time horizons.

February 21st COVID Update: COVID in Wastewater Declining

3460. February 21st COVID Update: COVID in Wastewater Declining

Bill McBride discusses the decline of COVID in wastewater and its implications for hospitalizations and deaths, while noting changes in reporting requirements.