Econ Blog

your daily dose of economic commentary

China's trade surplus surges 20% to a record $1.2 trillion, even with Trump's tariffs

81. China's trade surplus surges 20% to a record $1.2 trillion, even with Trump's tariffs

The Associated Press discusses China's record trade surplus of $1.2 trillion, highlighting its growth despite the tariffs imposed by Trump.

Groceries Rose 9% m/m (annualized) in December

82. Groceries Rose 9% m/m (annualized) in December

Menzie Chinn discusses the rise in grocery prices and forecasts from the USDA Economic Research Service, highlighting the impact on consumers and specific food items like coffee.

Bond Yields and Dollar and Odds on Powell

83. Bond Yields and Dollar and Odds on Powell

An argument that bond yields and the dollar's value fluctuate due to perceptions of Federal Reserve independence and the political landscape surrounding Chair Powell's tenure.

84. Gianluca Benigno: “Tariffs as National Security Tools”

Menzie Chinn discusses how tariffs can serve as national security tools to maintain domestic production of essential goods and address market vulnerabilities.

FTC accuses AI search engine of 'rampant consumer deception'

85. FTC accuses AI search engine of 'rampant consumer deception'

An argument that a company managing AI answer landing pages deceived users into incurring unexpected monthly charges, prompting federal scrutiny.

Tuesday's Assorted Links

86. Tuesday's Assorted Links

Jadrian Wooten discusses various stories related to economic principles and teaching, including unemployment expectations, electric vehicle registrations, and a debate on remote versus in-office work compensation.

Trump is Venezuelifying the United States

87. Trump is Venezuelifying the United States

An argument that political pressure on the Federal Reserve undermines its independence, risking economic stability and drawing parallels to authoritarian regimes' manipulation of monetary policy.

Closing out tabs across many devices

88. Closing out tabs across many devices

Scott Cunningham discusses his preparations for teaching, reflections on research, and various topics including AI, economics, and pop culture.

Avoiding the Resource Trap in Post-Maduro Venezuela

89. Avoiding the Resource Trap in Post-Maduro Venezuela

The post discusses Venezuela's need for institutional reforms and careful economic policies to avoid dependency on oil and prevent corruption after Maduro's presidency.

Gangster affordability

90. Gangster affordability

Noah Smith compares Donald Trump's governance style to Napoleon's, suggesting both exhibit gangster-like traits in their approach to power and institutions.

“Talking Heads Are Missing Labor Market Strength”: Heritage Chief Economist

91. “Talking Heads Are Missing Labor Market Strength”: Heritage Chief Economist

An argument that recent employment trends highlight discrepancies between native-born and foreign-born workers, questioning the validity of certain economic claims and methodologies.

California fire victims say fighting with insurance companies has delayed rebuilding

92. California fire victims say fighting with insurance companies has delayed rebuilding

Homeowners affected by wildfires in California report that disputes with insurance companies are hindering their recovery and rebuilding efforts.

What to know about Trump's ugly feud with the Federal Reserve

93. What to know about Trump's ugly feud with the Federal Reserve

Scott Horsley discusses the Trump administration's attempts to influence the Federal Reserve amid an ongoing Justice Department investigation.

Wide Dispersion in Nowcasts and Tracking

94. Wide Dispersion in Nowcasts and Tracking

The discussion highlights significant discrepancies in GDP nowcasts from various institutions and the divergence between employment and output indicators.

Some Snapshots of the US Demographic Future

95. Some Snapshots of the US Demographic Future

Timothy Taylor discusses the long-term demographic trends in the US, focusing on population aging, fertility rates, and immigration's impact on the economy.

Offshore wind developer prevails in U.S. court as Trump calls wind farms 'losers'

96. Offshore wind developer prevails in U.S. court as Trump calls wind farms 'losers'

The Associated Press reports on a federal judge's ruling allowing offshore wind farm work to continue amid President Trump's opposition.

Zohran’s high-risk, high-reward strategy

97. Zohran’s high-risk, high-reward strategy

Nate Silver analyzes Zohran Mamdani's political positioning, highlighting his outsider appeal and high-risk strategy within the context of New York politics.

Trump calls for a 10% cap on credit card interest rates

98. Trump calls for a 10% cap on credit card interest rates

An argument that a proposed cap on credit card interest rates is introduced amid rising financial burdens on consumers.

$240,000 in-office vs. $120,000 remote

99. $240,000 in-office vs. $120,000 remote

A debate on job preferences highlights how wages reflect trade-offs between salary and job characteristics like flexibility and work-life balance, illustrating economic principles of labor supply.

The Ignominious Death of Drill, Baby, Drill

100. The Ignominious Death of Drill, Baby, Drill

A discussion on the failed energy meeting involving Trump and oil executives, highlighting the impracticality of his drilling policies and the current economic realities of oil extraction.