Econ Blog

your daily dose of economic commentary

Trust Government Statistics, Not Government

761. Trust Government Statistics, Not Government

David Hebert argues that while government economic planning is often flawed, government statistics can be trusted as they involve technical problem-solving rather than economic trade-offs.

Too Cruel Too Soon

762. Too Cruel Too Soon

An argument that imminent cuts to SNAP and health insurance will severely harm millions, revealing Republican intentions and miscalculations in their policy implementation.

Freddie Mac House Price Index Up 1.0% Year-over-Year in September

763. Freddie Mac House Price Index Up 1.0% Year-over-Year in September

The post discusses the Freddie Mac House Price Index showing a year-over-year increase of 1.0% in September, along with notable month-over-month declines and regional performance variations.

Trump says Senate should scrap the filibuster to end the government shutdown

764. Trump says Senate should scrap the filibuster to end the government shutdown

The Associated Press reports that President Donald Trump urges the Senate to eliminate the filibuster to allow Republicans to reopen the government without Democratic support.

ACA Premiums without Extension of Expanded Tax Credit

765. ACA Premiums without Extension of Expanded Tax Credit

An argument that the potential extension of expanded premium tax credits could significantly affect ACA coverage and costs, highlighting disparities across states and demographics.

Is the NYC mayoral race tightening?

766. Is the NYC mayoral race tightening?

Nate Silver discusses the shifting dynamics of the NYC mayoral race, highlighting recent polling trends and candidate chances as Election Day approaches.

Trump: China to buy a “tremendous” amount of soybeans

767. Trump: China to buy a “tremendous” amount of soybeans

Menzie Chinn discusses China's soybean purchase commitments and their implications for U.S. farm income and compliance based on past trade agreements.

Judge sets trial over whether CPB pulled back from NPR due to White House pressure

768. Judge sets trial over whether CPB pulled back from NPR due to White House pressure

An argument that CPB terminated a significant contract with NPR due to pressure from the White House, raising concerns about political influence on public broadcasting.

Hotels: Occupancy Rate Decreased 3.6% Year-over-year

769. Hotels: Occupancy Rate Decreased 3.6% Year-over-year

The post discusses a decline in hotel occupancy rates due to reduced international tourism and compares current data with previous years, highlighting significant market variations.

Las Vegas in September: Visitor Traffic Down 9% YoY

770. Las Vegas in September: Visitor Traffic Down 9% YoY

Visitor traffic in Las Vegas decreased significantly in September, influenced by lower midweek volumes and the absence of major conventions compared to previous years.

It Should Pay to be Super

771. It Should Pay to be Super

An argument that superhero narratives overlook economic principles, particularly regarding market failures and the necessity of compensation for maximizing value in crime-fighting scenarios.

How We Lost the Trade War

772. How We Lost the Trade War

Paul Krugman discusses the economic damage caused by Trump's tariff policies, highlighting their impact on prices, uncertainty, and the credibility of the U.S. economy.

Inflation Adjusted House Prices 2.8% Below 2022 Peak; Price-to-rent index is 10.2% below 2022 peak

773. Inflation Adjusted House Prices 2.8% Below 2022 Peak; Price-to-rent index is 10.2% below 2022 peak

Bill McBride discusses the current state of inflation-adjusted house prices and the price-to-rent index, noting their decline from 2022 peaks.

774. CCC: tl; dr

Robert Vienneau critiques mainstream economics, particularly the Cambridge Capital Controversy, arguing against the validity of supply and demand in explaining capital markets.

Trump rates meeting with China's Xi 12 out of 10, lowers tariffs

775. Trump rates meeting with China's Xi 12 out of 10, lowers tariffs

Deepa Shivaram reports on President Trump's positive assessment of his meeting with Xi Jinping and the decision to lower tariffs.

Why car insurance costs have soared (and what drivers are doing about it)

776. Why car insurance costs have soared (and what drivers are doing about it)

Rising car insurance premiums outpace inflation, causing financial strain for many Americans, while some drivers seek alternatives to manage costs.

Cars are essential in most of the U.S. They're also increasingly unaffordable

777. Cars are essential in most of the U.S. They're also increasingly unaffordable

Camila Domonoske discusses the rising costs of cars in the U.S. and the financial burden it places on consumers.

My Conversation with the excellent Jonny Steinberg

778. My Conversation with the excellent Jonny Steinberg

Tyler Cowen discusses Jonny Steinberg's insights on South African history, policing, and the complex relationship between Nelson and Winnie Mandela.

779. IMF Lessons About Industrial Policy from Korea and Brazil

An argument that government industrial policies can benefit targeted industries but may impose costs on the broader economy, illustrated through comparisons of Korea and Brazil's approaches.

Hi Frequency Readout on Consumer Prices, Thru 12 October

780. Hi Frequency Readout on Consumer Prices, Thru 12 October

An argument that consumer price index estimates are influenced by tariffs, highlighting data analysis through October 12.