Econ Blog

your daily dose of economic commentary

Lower Trade Deficits and More Foreign Investment?

721. Lower Trade Deficits and More Foreign Investment?

A discussion on the decline of foreign tourism in the U.S., its economic implications, and the contradictions of protectionist policies regarding trade and foreign investment.

Recession Watch Metrics

722. Recession Watch Metrics

An argument that various economic indicators, including housing sales and the yield curve, are being monitored to assess potential recession risks in the U.S. economy.

What Cardboard Can Tell Us About the State of the Economy

723. What Cardboard Can Tell Us About the State of the Economy

An argument that cardboard box production serves as a leading economic indicator, reflecting consumer demand and potential recession signals through its fluctuations.

Scott Bessent, Sleazy Smearer

724. Scott Bessent, Sleazy Smearer

Paul Krugman criticizes Scott Bessent's attacks on the Federal Reserve and discusses the implications of Trump's administration's choices for economic leadership.

What is an American?

725. What is an American?

The post explores the evolving definitions of American identity, particularly among right-wing nationalists, emphasizing the complexities of ethnicity, ancestry, and cultural heritage in America.

Housing September 8th Weekly Update: Inventory Down 1.7% Week-over-week

726. Housing September 8th Weekly Update: Inventory Down 1.7% Week-over-week

Active single-family housing inventory decreased by 1.7% week-over-week, with notable trends compared to previous years and seasonal patterns observed since 2015.

World Cup tickets are on sale. Scoring them may not be easy — or cheap

727. World Cup tickets are on sale. Scoring them may not be easy — or cheap

Ticket sales for the upcoming World Cup are expected to be challenging and expensive for fans.

Food-makers are phasing out artificial dyes. The problem: Americans love the color

728. Food-makers are phasing out artificial dyes. The problem: Americans love the color

The discussion centers on food brands' decisions to eliminate artificial dyes while maintaining consumer appeal and the implications for marketing and perception.

The U.S. is a major importer of Indian products made from Russian oil

729. The U.S. is a major importer of Indian products made from Russian oil

The post discusses U.S. imports of oil products from India, highlighting the reliance on Russian oil by Indian refineries.

“Is the US already in recession?”

730. “Is the US already in recession?”

Menzie Chinn analyzes key economic indicators to assess whether the US is in a recession, focusing on employment and growth trends.

Carlos Alcaraz wins his 2nd U.S. Open at match delayed by Trump's attendance

731. Carlos Alcaraz wins his 2nd U.S. Open at match delayed by Trump's attendance

Sequoia Carrillo discusses Carlos Alcaraz's second U.S. Open victory, highlighting the match delay caused by the president's attendance.

More than 90,000 Jeep Grand Cherokees recalled over potential loss of drive power

732. More than 90,000 Jeep Grand Cherokees recalled over potential loss of drive power

A recall affects over 90,000 Jeep Grand Cherokees due to a risk of losing drive power, specifically targeting 2022 to 2026 plug-in hybrid electric models.

Episode 59. Cass Sunstein on Nudges, Behavioral Economics, Law, and Liberalism

733. Episode 59. Cass Sunstein on Nudges, Behavioral Economics, Law, and Liberalism

A discussion on behavioral economics, nudges, legal frameworks, and their implications for liberalism and public policy as explored through the work of a prominent legal scholar.

We Have Never Been Woke, Part 10: Should We Be Woke?

734. We Have Never Been Woke, Part 10: Should We Be Woke?

An argument that critiques the disconnect between woke activism and its ideals, suggesting that while wokeness has value, its application by elites often obscures social inequalities.

Postal traffic to U.S. drops over 80% after trade exemption rule ends, U.N. agency says

735. Postal traffic to U.S. drops over 80% after trade exemption rule ends, U.N. agency says

The end of the de minimis rule has led to an over 80% drop in postal traffic to the US, impacting international shipping dynamics.

The Dangers of Fiscal Dominance

736. The Dangers of Fiscal Dominance

Paul Krugman discusses Donald Trump's attempts to undermine Federal Reserve independence and the implications of fiscal dominance on monetary policy.

AAR Rail Traffic in August: Intermodal and Carload Traffic Increased YoY

737. AAR Rail Traffic in August: Intermodal and Carload Traffic Increased YoY

Bill McBride discusses the year-over-year increases in U.S. rail intermodal and carload traffic, highlighting trends and data from the AAR Freight Rail Index.

Three accounts of modern liberalism

738. Three accounts of modern liberalism

Tyler Cowen reviews perspectives on modern liberalism, critiquing misconceptions about its impact on society and examining historical instances of liberalism intertwined with illiberalism.

Mid-Session Review Technical Supplement Is Out

739. Mid-Session Review Technical Supplement Is Out

The post discusses GDP forecasts, the impact of deregulation on economic growth, and compares estimates of regulatory costs from different administrations.

South Korea charters plane to fly home over 300 workers detained by ICE at Georgia Hyundai plant

740. South Korea charters plane to fly home over 300 workers detained by ICE at Georgia Hyundai plant

Debbie Elliott discusses the tensions between South Korea and the U.S. following ICE arrests of South Koreans at a Georgia Hyundai plant.