your daily dose of economic commentary
The Associated Press reports that Canada will reduce tariffs on Chinese EVs in exchange for lower tariffs on Canadian agricultural products, as stated by Prime Minister Mark Carney.
Claudia Sahm discusses the challenges facing the Federal Reserve and Jay Powell amidst political attacks and the implications for Fed independence.
The discussion highlights how standardization, particularly in shipping, has significantly contributed to economic growth and globalization while also noting potential drawbacks in competition.
A software issue led to a Verizon outage, with experts noting that such disruptions are increasingly common in today's technology landscape.
Scott Cunningham discusses the role of pre-trend tests in difference-in-differences analysis and their connection to falsifiable hypotheses in causal inference.
The post discusses how Iranians circumvent internet restrictions using satellite services during a government-imposed blackout.
The discussion centers on the ethical implications of AI use in education, emphasizing the importance of personal judgment and integrity over mere technological reliance.
Paul Krugman discusses the threats to American democracy under Trump and the rise of civil resistance in response to authoritarianism.
Hannah Natanson discusses the FBI's search of her home related to an investigation into a Pentagon contractor and classified information.
Menzie Chinn analyzes recent retail sales data, comparing it to inflation and discussing its implications for the business cycle indicators.
An argument that evaluating AI's cognitive capabilities should mirror methodologies used in studying infants and animals, highlighting discrepancies between benchmark performance and real-world abilities.
Eli McKown-Dawson discusses the inaccuracies of polls in recent elections, particularly underestimating Democrats, and evaluates polling performance in 2025 compared to historical data.
Nate Silver discusses updated pollster ratings based on historical accuracy and transparency for the 2024 elections, providing insights into future polling reliability.
Nate Silver discusses the archived pollster ratings following the 2024 presidential election, detailing their accuracy and transparency based on historical data.
Paul Krugman critiques Donald Trump's economic policies as transactional and opportunistic, lacking genuine economic principles, while also highlighting his political motivations behind these actions.
The post examines the economic factors contributing to unrest in Iran, including a severe water crisis, inflation, and the impact of U.S. sanctions on the regime's stability.
The post provides a video walkthrough of using Claude Code for empirical projects, emphasizing the importance of personal experience and individual workflow styles.
An argument that Mill's interpretation of Ricardo's labor value aligns with Marx's theory of surplus value, highlighting the relationship between profits and wages.
An argument that immigration's impact on British politics may be overstated, emphasizing the need to recognize positive aspects while addressing potential negative political externalities.
The post examines price changes of various items at Walmart, highlighting factors like tariffs, weather impacts, and shrinkflation.