Econ Blog

your daily dose of economic commentary

Alternative Business Cycle Indicators

681. Alternative Business Cycle Indicators

Menzie Chinn analyzes various alternative indicators of business cycles, focusing on transportation services, employment, and heavy truck sales trends.

Civil war is for idiots and losers

682. Civil war is for idiots and losers

An argument that the political climate encourages violence, cautioning against assumptions about motives and the dangers of inflammatory rhetoric from both sides of the political spectrum.

Inflation climbs in August as grocery and gas prices jump

683. Inflation climbs in August as grocery and gas prices jump

Inflation increased in August, driven by higher prices for gasoline and groceries, with consumer prices rising 2.9% over the past year.

YoY Measures of Inflation: Services, Goods and Shelter

684. YoY Measures of Inflation: Services, Goods and Shelter

The post presents various year-over-year inflation measures for services, goods, and shelter, highlighting trends and changes in prices through August 2025.

NPR's next news chief built an international career at CNN

685. NPR's next news chief built an international career at CNN

David Folkenflik discusses NPR's appointment of Thomas Evans as news chief amid changes due to the end of federal funding for public media.

Why Can't We All Get Along?

686. Why Can't We All Get Along?

Robert Vienneau discusses the challenges of achieving societal harmony in the face of intolerance and inequality, emphasizing the need for a tolerant society to defend itself.

Hundreds of South Koreans arrested in a U.S. immigration raid are being sent home

687. Hundreds of South Koreans arrested in a U.S. immigration raid are being sent home

More than 300 South Korean workers detained for illegal employment in the U.S. are being repatriated on a chartered flight from Atlanta.

How to think about AI progress

688. How to think about AI progress

An argument that AI progress is bifurcated into immediate, limited improvements and slower, long-term advancements, challenging perceptions of stagnation in the field.

6 ways college students can get a better handle on their money

689. 6 ways college students can get a better handle on their money

Financial advice is provided for college students on managing student loans, credit cards, and budgeting effectively.

US Income Inequality Before Taxes and (Many) Transfers: Census Data

690. US Income Inequality Before Taxes and (Many) Transfers: Census Data

Timothy Taylor discusses trends in US income inequality based on Census data, highlighting the rise in income concentration among the top quintile and educational disparities.

The Costs and Choices of Kiki’s Delivery Service

691. The Costs and Choices of Kiki’s Delivery Service

The post explores the economic concepts of cost and choice through Kiki's experiences in her delivery service, emphasizing implicit costs and the nature of scarcity.

Cotality: House Prices Increased 1.4% YoY in July

692. Cotality: House Prices Increased 1.4% YoY in July

Bill McBride discusses the 1.4% year-over-year increase in US home prices in July 2025, highlighting regional variations and market trends.

Teaching Potential Outcomes to My Students on Day 3 of Class

693. Teaching Potential Outcomes to My Students on Day 3 of Class

The post discusses teaching potential outcomes in causal inference, emphasizing its importance and the challenges students face in understanding the concept.

When MAGA Prophecy Fails

694. When MAGA Prophecy Fails

Paul Krugman discusses the failure of Trump's economic promises and the cult-like behavior of his supporters in denying the reality of economic data.

Part 1: Current State of the Housing Market; Overview for mid-September 2025

695. Part 1: Current State of the Housing Market; Overview for mid-September 2025

Bill McBride discusses the current housing market, highlighting increased inventory, declining sales, and projected year-over-year price decreases for existing homes by the end of 2025.

Absolute Rent, Extensive Rent, And Intensive Rent

696. Absolute Rent, Extensive Rent, And Intensive Rent

An argument that explores the concepts of absolute, intensive, and extensive rent within the context of non-competitive markets and their implications for agricultural and industrial capitalists.

MBA: Mortgage Applications Increase in Latest Weekly Survey

697. MBA: Mortgage Applications Increase in Latest Weekly Survey

Mortgage applications rose significantly, driven by declining rates and increased borrower demand, with notable growth in both purchase and refinance applications compared to previous weeks and last year.

Who is Lachlan Murdoch, the anointed media tycoon?

698. Who is Lachlan Murdoch, the anointed media tycoon?

The piece discusses Lachlan Murdoch's secure leadership role at News Corp. and Fox following a succession battle with his father.

Why We Teach International Trade and Foreign Direct Investment Together

699. Why We Teach International Trade and Foreign Direct Investment Together

Menzie Chinn discusses the interrelation between international trade and foreign direct investment, emphasizing their complementary nature in the context of trade policy uncertainty.

White House Tries to (Ineptly) Spin the Preliminary Benchmark Release

700. White House Tries to (Ineptly) Spin the Preliminary Benchmark Release

Menzie Chinn discusses the White House's misleading interpretation of benchmark revisions regarding job growth and the economy under Presidents Trump and Biden.