Econ Blog

your daily dose of economic commentary

NPR to trim $5 million this year as public radio stations struggle to pay bills

621. NPR to trim $5 million this year as public radio stations struggle to pay bills

David Folkenflik discusses NPR's plan to cut $5 million from its budget as local public radio stations face financial difficulties.

The Measurement is Not the Thing

622. The Measurement is Not the Thing

An argument that measurement tools like CPI and GDP can misrepresent economic realities, leading to misconceptions about inflation and growth, particularly in central planning contexts.

623. Economics of Trade Sanctions

An argument that trade sanctions have increased significantly, affecting global trade, and exploring their economic impacts and political implications on foreign policy.

LA Ports: Imports and Exports Down YoY in August

624. LA Ports: Imports and Exports Down YoY in August

Bill McBride discusses the decline in imports and exports at LA ports, highlighting trends in container traffic and seasonal patterns affecting trade volumes.

Tuesday's Assorted Links

625. Tuesday's Assorted Links

The post highlights various stories illustrating economic principles and their implications, including public sentiment on capitalism and housing market dynamics in NYC.

The Anthropic Settlement: A $1.5 Billion Precedent for AI and Copyright

626. The Anthropic Settlement: A $1.5 Billion Precedent for AI and Copyright

A landmark $1.5 billion settlement raises crucial questions about copyright, compensation for authors, and the future of AI development amid evolving intellectual property laws.

Women, Jobs and Charlie Kirk

627. Women, Jobs and Charlie Kirk

Paul Krugman discusses Charlie Kirk's political actions and views on gender roles, linking them to broader societal changes and the implications for women in the workforce.

NAHB: "Builder Confidence Steady but Future Sales Expectations Hit Six-Month High", Negative territory for 17 consecutive months

628. NAHB: "Builder Confidence Steady but Future Sales Expectations Hit Six-Month High", Negative territory for 17 consecutive months

Builder confidence remains steady, but future sales expectations rise due to lower mortgage rates, despite ongoing challenges in the housing market and price reductions by builders.

[Rerun] Ariel Pakes, Professor and Economist, Harvard University

629. [Rerun] Ariel Pakes, Professor and Economist, Harvard University

The post features a rerun of an interview with a prominent economist, discussing his contributions to economics and personal experiences beyond the field.

Industrial Production Increased 0.1% in August

630. Industrial Production Increased 0.1% in August

Industrial production rose 0.1% in August, with manufacturing output increasing, while capacity utilization remained below the long-term average, reflecting post-pandemic recovery trends.

Retail Sales Increased 0.6% in August

631. Retail Sales Increased 0.6% in August

Retail sales rose 0.6% in August, with a 5.0% increase from the previous year, surpassing expectations and showing revisions in prior months' data.

Trump files $15 billion defamation lawsuit against 'New York Times'

632. Trump files $15 billion defamation lawsuit against 'New York Times'

The Associated Press reports that President Donald Trump has initiated a $15 billion defamation lawsuit against The New York Times and its journalists.

Appeals court says Lisa Cook can stay on the Federal Reserve board -- for now

633. Appeals court says Lisa Cook can stay on the Federal Reserve board -- for now

A federal appeals court ruled that Lisa Cook can remain on the Federal Reserve board, preventing her dismissal by President Trump before an important interest rate vote.

Tuesday: Retail Sales, Industrial Production, Homebuilder Survey

634. Tuesday: Retail Sales, Industrial Production, Homebuilder Survey

Bill McBride discusses upcoming economic data releases, including retail sales, industrial production, and a homebuilder survey, highlighting their potential impact on mortgage rates.

WisPolitics/Wisconsin Technology Council: “How tariffs are affecting Wisconsin’s economy”

635. WisPolitics/Wisconsin Technology Council: “How tariffs are affecting Wisconsin’s economy”

Menzie Chinn discusses the impact of tariffs on Wisconsin's economy, focusing on trade uncertainty and employment data in the manufacturing sector.

Bicycles Before Business

636. Bicycles Before Business

The post discusses the impact of new bike lanes on local businesses and assesses their value compared to the costs incurred during installation and lost patronage.

Magical Thinking on AI

637. Magical Thinking on AI

An argument that critiques the sensationalist views on AI safety and superintelligence presented by a prominent columnist, highlighting the lack of evidence and reliance on anecdotal claims.

Why Trump wants companies to report earnings less frequently

638. Why Trump wants companies to report earnings less frequently

Rafael Nam discusses President Trump's desire for companies to reduce the frequency of earnings reports and the mixed reactions from executives and financial experts.

Senate confirms Stephen Miran to Fed Board. Who is he and why's he so controversial?

639. Senate confirms Stephen Miran to Fed Board. Who is he and why's he so controversial?

Rachel Treisman discusses Stephen Miran's nomination to the Federal Reserve Board and the controversies surrounding his potential impact on the Fed's independence.

Officials announce a 'framework' for keeping TikTok online in the U.S.

640. Officials announce a 'framework' for keeping TikTok online in the U.S.

John Ruwitch discusses U.S. officials' announcement of a framework to allow TikTok to operate in the U.S. while details are still being negotiated.