Econ Blog

your daily dose of economic commentary

Lies, Damned Lies and Trumpflation

3501. Lies, Damned Lies and Trumpflation

Paul Krugman discusses the impact of political decisions on inflation and economic policies under Donald Trump, highlighting concerns about data suppression and its consequences.

3502. Machinery And The Honesty Of David Ricardo

Robert Vienneau discusses David Ricardo's evolving views on machinery's impact on workers and productivity within a capitalist economy, highlighting historical context and implications.

Trump's economy is already in trouble

3503. Trump's economy is already in trouble

Noah Smith discusses the cyclical nature of U.S. economics and politics, highlighting potential challenges for Trump's economy due to inflation and national debt.

LLMs and World Models, Part 2

3504. LLMs and World Models, Part 2

Melanie Mitchell discusses evidence for emergent world models in LLMs through the training and analysis of a transformer network on the game Othello.

LLMs and World Models, Part 1

3505. LLMs and World Models, Part 1

Melanie Mitchell discusses the limitations of machine-learning systems, particularly large language models, in understanding concepts and developing robust world models.

Winter 2025 Journal of Economic Perspectives Freely Available Online

3506. Winter 2025 Journal of Economic Perspectives Freely Available Online

Conversable Economist discusses the availability of the Winter 2025 issue of the Journal of Economic Perspectives and highlights key articles on antitrust and economic analysis.

Twitter or Bluesky? How about neither.

3507. Twitter or Bluesky? How about neither.

Nate Silver discusses Elon Musk's acquisition of Twitter, its impact on political dynamics, and the platform's financial struggles compared to competitors like Meta and Bluesky.

Elon Musk Is Faking It

3508. Elon Musk Is Faking It

Paul Krugman critiques Elon Musk's claims about government waste and fraud, highlighting the lack of evidence and drawing parallels to past political rhetoric.

At least five interesting things: Chaos Blitz edition (#59)

3509. At least five interesting things: Chaos Blitz edition (#59)

Noah Smith discusses the chaotic actions of Trump and their implications for governance and society, while also sharing his recent podcasts and debates.

Dangers of Rising Federal Debt

3510. Dangers of Rising Federal Debt

Conversable Economist discusses the risks of rising federal debt, emphasizing long-term economic consequences and the impact on future generations' wealth and productivity.

Anti-anti-neoliberalism is also not enough

3511. Anti-anti-neoliberalism is also not enough

Noah Smith discusses the challenges facing Democrats in shaping their economic message post-2024 elections, emphasizing the need for a revised progressive economic approach.

The Emperor’s New Tariffs: Small, Ugly and Stupid

3512. The Emperor’s New Tariffs: Small, Ugly and Stupid

Paul Krugman discusses Donald Trump's tariffs, labeling them as ineffective, unjust, and economically detrimental, while highlighting the political implications of such policies.

3513. Structure-Conduct-Performance: An Earlier Generation of Antitrust

Timothy Taylor discusses the evolution of antitrust law and the Structure-Conduct-Performance paradigm in economics, highlighting its implications for competition and market behavior.

Tuesday's Assorted Links

3514. Tuesday's Assorted Links

The author discusses various stories related to economic principles, including student debt, partnerships in education, and market trends in retail and foreign aid.

What is the Optimal Level of Hallucination?

3515. What is the Optimal Level of Hallucination?

Joshua Gans discusses the trade-off between reliability and usefulness in LLMs, emphasizing the importance of human judgment in evaluating their outputs.

S4E15: Dmitry Arkhangelsky, Econometrics and Machine Learning, CEMFI

3516. S4E15: Dmitry Arkhangelsky, Econometrics and Machine Learning, CEMFI

Scott Cunningham interviews Dmitry Arkhangelsky about his life, econometrics, and machine learning, highlighting his unique journey and contributions to causal panel methods.

Quantifying the continuing UK public spending squeeze

3517. Quantifying the continuing UK public spending squeeze

The author analyzes the UK's public spending trends, emphasizing the need for disaggregation to understand the impact on public services, particularly in health and defense.

Springtime for Scammers

3518. Springtime for Scammers

Paul Krugman discusses the abolition of the Consumer Financial Protection Bureau and its implications for consumer protection against financial fraud.

A Double-Fluke Switch Point For A Triple-Switching Example

3519. A Double-Fluke Switch Point For A Triple-Switching Example

Robert Vienneau discusses the analysis of production techniques and their cost-minimizing properties in relation to wage curves and profit rates.

A Primer on Acemoglu, AI and Automation

3520. A Primer on Acemoglu, AI and Automation

Scott Cunningham discusses Acemoglu's theories on automation and AI, focusing on their implications for labor productivity and the impact on workers.