Econ Blog

your daily dose of economic commentary

Who's afraid of a negative payroll print?

3621. Who's afraid of a negative payroll print?

Claudia Sahm discusses the potential misleading nature of the upcoming jobs report, emphasizing temporary factors that could distort payroll estimates and their implications for the labor market.

October Budget 7: Soaking the rich?

3622. October Budget 7: Soaking the rich?

The author discusses the implications of the upcoming budget on public spending and taxation in the UK, emphasizing the need for increased investment in public services.

The LLM Reasoning Debate Heats Up

3623. The LLM Reasoning Debate Heats Up

Melanie Mitchell discusses the debate over whether large language models genuinely reason or rely on memorization and pattern-matching in their problem-solving abilities.

Episode 38. Former Fed Vice Chair Richard Clarida Talks Pandemic Monetary Policy and Inflation

3624. Episode 38. Former Fed Vice Chair Richard Clarida Talks Pandemic Monetary Policy and Inflation

Jon Hartley interviews Richard Clarida about his career, monetary policy during the pandemic, inflation, and the Federal Reserve's policy framework.

Ones to watch

3625. Ones to watch

Claudia Sahm discusses her recognition in the MarketWatch 50 and the significance of her Sahm rule in economic discussions about the Federal Reserve and recession indicators.

What will they do with all that AI infrastructure investment?

3626. What will they do with all that AI infrastructure investment?

Joshua Gans discusses the challenges and uncertainties surrounding AI infrastructure investments and the current limited understanding of AI's potential applications.

Those arguing that AI is biased against labour have work to do

3627. Those arguing that AI is biased against labour have work to do

Joshua Gans discusses Daron Acemoglu's concerns about AI's bias towards capital over labor and the need for economic forces to balance these interests.

Mapping the Mind

3628. Mapping the Mind

Regan discusses the complexities of feminism, worldviews, and personality dimensions, emphasizing the diversity of feminist beliefs and the importance of understanding individual differences.

October Budget 6: Thanks to Truss, bond market scare stories are back

3629. October Budget 6: Thanks to Truss, bond market scare stories are back

The author discusses the impact of Liz Truss's fiscal policies on the bond market and the misconceptions surrounding government borrowing, emphasizing economic realities over political fears.

AI comes for Podcasting

3630. AI comes for Podcasting

Joshua Gans discusses the advancements of AI in podcasting, highlighting its capabilities and biases while comparing AI-generated content to traditional podcasts.

It's harder to find work and that's unacceptable

3631. It's harder to find work and that's unacceptable

Claudia Sahm discusses the decline in hiring rates, its economic implications, and personal challenges she is facing with her health.

Why are the Conservatives ignoring the median voter?

3632. Why are the Conservatives ignoring the median voter?

The author discusses the Conservative party's denial of electoral loss and its implications for leadership and ideology, emphasizing the disconnect with the median voter.

Why do you love me?

3633. Why do you love me?

Regan explores the complexities of love and value in relationships, emphasizing the desire for partners to appreciate deeper traits beyond superficial qualities.

Episode 37. Ed Glaeser (Harvard Economics Professor) on Zoning, Land Use Regualtion and Urban Economics

3634. Episode 37. Ed Glaeser (Harvard Economics Professor) on Zoning, Land Use Regualtion and Urban Economics

Jon Hartley discusses Ed Glaeser's insights on urban economics, zoning, land use regulation, and the impact of human capital on economic growth.

October Budget 5. The UK’s Fiscal rules: one good and one bad

3635. October Budget 5. The UK’s Fiscal rules: one good and one bad

In her analysis, Rachel Reeves outlines the strengths and weaknesses of the UK's fiscal rules, advocating for better long-term policies over those of her predecessors.

Why improving health is an excellent investment in the economy

3636. Why improving health is an excellent investment in the economy

The author discusses how improving health can enhance economic outcomes, emphasizing the connection between health policy and economic productivity in the UK post-Covid.

Populism, State Capacity, and Why It Pays to Play by the Rules

3637. Populism, State Capacity, and Why It Pays to Play by the Rules

Ed Dolan discusses the rise of populism, its implications for leadership and governance, and the importance of rule-following for effective state capacity.

Why call it feminism?

3638. Why call it feminism?

Regan explores the definition of feminism, its focus on women's issues, and the debate over whether to retain the term or adopt a more neutral label.

Fifty

3639. Fifty

Claudia Sahm discusses the implications of the Federal Reserve's potential interest rate cuts and their impact on inflation and employment.

AI is not dispassionate ... yet

3640. AI is not dispassionate ... yet

Joshua Gans discusses the limitations of AI, particularly its biases and reasoning capabilities, highlighting the desire for more dispassionate and insightful AI interactions.