841. PCE Measure of Shelter Declined to 4.0% YoY in July
Bill McBride discusses the decline in year-over-year shelter measures in the CPI and PCE reports for July 2025.
842. Personal Income Increased 0.4% in July; Spending Increased 0.5%
Bill McBride discusses the increase in personal income and spending in July 2025, along with related economic indicators and inflation rates.
843. Federal judge says Kari Lake can't fire Voice of America director
David Folkenflik reports on a federal judge's ruling preventing Kari Lake from firing the Voice of America director.
844. Fiscal Dominance Brings Financial Repression
Pierre Lemieux discusses how fiscal dominance can lead to financial repression through inflation, impacting government expenditures and central bank independence.
845. With no federal facial recognition law, states rush to fill void
Bobby Allyn discusses how states are enacting laws to regulate facial recognition technology in the absence of federal legislation.
846. Inflation Adjusted House Prices 2.5% Below 2022 Peak; Price-to-rent index is 9.8% below 2022 peak
An argument that house prices, adjusted for inflation, remain slightly below their 2022 peak, with insights on price-to-rent ratios and historical trends.
847. Fed governor Lisa Cook sues Trump over firing
A governor sues the president over her dismissal, claiming it stems from unfounded allegations related to mortgage fraud before her confirmation.
848. Why Aren’t Markets Freaking Out?
The post examines the surprising calm in financial markets despite threats to the Federal Reserve's independence and discusses market behavior in response to economic policy changes.
849. This rule made many online purchases dirt cheap for U.S. consumers. Now it's ending
The end of the de minimis rule will complicate the import of inexpensive goods for U.S. consumers, impacting millions of packages daily.
850. 'AI slop' videos may be annoying, but they're racking up views — and ad money
John Ruwitch discusses how "slop" videos created with generative AI attract significant views and revenue despite criticism for their quality.
851. Term Premium and Trsy-TIPS Breakeven
Menzie Chinn discusses the rise in the 10-year term premium and 5-year TIPS-Trsy breakeven amid Trump's influence on the Federal Reserve.
852. G. Dirk Mateer Asks: “Do We Still Really Need the Bureau of Labor Statistics?”
Menzie Chinn discusses the relevance of the Bureau of Labor Statistics compared to private sector data, particularly from ADP, in assessing labor market conditions.
853. Re-Arranging the Syllabus (Again): Barro-Gordon Moved Up
The author discusses updating a course syllabus to include concepts of time inconsistency and Barro-Gordon due to the impact of recent political events.
854. Milei’s Message for Economists
Justin Callais critiques economists' warnings against Javier Milei's policies, arguing that they misunderstand market dynamics and highlighting Milei's economic successes in Argentina.
855. Some Stuff I Learned About Harvard This Week
Scott Cunningham shares insights from a Harvard faculty orientation, focusing on student concentrations, particularly in economics and social sciences, and discussions on generative AI.
856. Brands are loving Taylor Swift's engagement. Do they need to calm down?
Rachel Treisman discusses how brands are capitalizing on Taylor Swift's engagement and the need for a balanced marketing approach.
857. We Have Never Been Woke Part 8: Totemic Capital and Consecrated Elites
Kevin Corcoran discusses totemic capital, its role in victimhood culture, and how elites leverage identity for personal gain rather than aiding marginalized groups.
858. Singapore’s Pay Model Isn’t India’s: Market Wages vs. Civil-Service Rents
An argument that contrasts Singapore's competitive civil service pay model with India's inflated government salaries, highlighting the implications for talent allocation and economic productivity.
859. The Crazy Comes for Clean Energy
Paul Krugman discusses the rapid advancements in renewable energy and critiques the Trump administration's efforts to undermine clean energy initiatives.
860. Final Look at Local Housing Markets in July and a Comment on July Sales from Tom Lawler
The post analyzes local housing market trends in July, highlighting sales declines, inventory increases, and potential future price changes.