Econ Blog

your daily dose of economic commentary

America has only one real city

1021. America has only one real city

An argument that New York City stands alone in America for its density, transit efficiency, and urban design, contrasting it with other U.S. cities' car-centric development.

Industrial Production Decreased 0.1% in July

1022. Industrial Production Decreased 0.1% in July

The post discusses a slight decrease in industrial production and capacity utilization in July, highlighting trends and comparisons to previous years.

Retail Sales Increased 0.5% in July

1023. Retail Sales Increased 0.5% in July

Bill McBride discusses the increase in retail sales for July, highlighting the monthly and yearly changes based on Census Bureau data.

Optimal Tariffs with Geopolitical Alignment

1024. Optimal Tariffs with Geopolitical Alignment

An argument that optimal tariffs are influenced by geopolitical factors, balancing economic welfare with political alignment, particularly in unipolar and bipolar global contexts.

The nepo baby premium, frothing markets, and Apple vs. Apples

1025. The nepo baby premium, frothing markets, and Apple vs. Apples

The discussion centers on economic indicators, intergenerational earnings, and a legal dispute involving Apple, highlighting trends in inflation and employment.

SBSQ #23: Does the media really have a liberal bias?

1026. SBSQ #23: Does the media really have a liberal bias?

Nate Silver analyzes the question of media bias, particularly whether mainstream media leans left, considering factors like audience demand and the influence of major news outlets.

Evaluating the US-Japan Trade Deal on Mercantilist Terms

1027. Evaluating the US-Japan Trade Deal on Mercantilist Terms

Jon Murphy critiques the US-Japan trade deal, arguing it worsens the trade deficit and fails to protect jobs, even by mercantilist standards.

Summer 2025 Journal of Economic Perspectives Freely Available Online

1028. Summer 2025 Journal of Economic Perspectives Freely Available Online

Timothy Taylor discusses the availability of the Summer 2025 issue of the Journal of Economic Perspectives and highlights key articles on housing markets and policies.

Two Economic Ideas That are True and Nontrivial

1029. Two Economic Ideas That are True and Nontrivial

The discussion centers on economic theories that are true yet misunderstood, particularly the Ricardian theory of comparative advantage and misconceptions about government price-setting.

Anti-Trump podcast MeidasTouch is rivaling Joe Rogan. Does it have staying power?

1030. Anti-Trump podcast MeidasTouch is rivaling Joe Rogan. Does it have staying power?

Bobby Allyn discusses how the MeidasTouch podcast is gaining popularity among progressives during Trump's presidency, despite the dominance of right-wing media.

MAGA’s Feelings Don’t Care About Your Facts

1031. MAGA’s Feelings Don’t Care About Your Facts

Paul Krugman discusses how MAGA's rejection of facts in favor of feelings affects economic and crime data interpretations under Trump’s influence.

Part 1: Current State of the Housing Market; Overview for mid-August 2025

1032. Part 1: Current State of the Housing Market; Overview for mid-August 2025

The post provides an overview of the housing market in mid-August 2025, highlighting increased inventory, slight sales declines, and challenges faced by new homebuilders.

Trump is tightening the screws on corporate America — and CEOs are staying mum

1033. Trump is tightening the screws on corporate America — and CEOs are staying mum

An argument that corporate leaders face pressure from political demands, raising concerns about the implications for capitalism in America.

My excellent Conversation with Nate Silver

1034. My excellent Conversation with Nate Silver

Tyler Cowen discusses various topics with Nate Silver, including risk theory, cultural differences, and political issues like immigration and electoral systems.

Why every A-lister also has a side hustle

1035. Why every A-lister also has a side hustle

Wailin Wong discusses the trend of celebrities launching side businesses and explores the motivations behind this phenomenon.

1036. Additional Thoughts on EJ Antoni’s Nomination to BLS

Menzie Chinn critiques EJ Antoni's qualifications for the Bureau of Labor Statistics, highlighting widespread disapproval from economists across the political spectrum.

Today’s Convergence of Political Systems

1037. Today’s Convergence of Political Systems

An argument that political systems are increasingly converging, blending elements of socialism and capitalism, particularly in the context of state capitalism in America and China.

We Have Never Been Woke Part 5: The Cause of Awokenings

1038. We Have Never Been Woke Part 5: The Cause of Awokenings

An argument that historical social justice movements arise from elite overproduction, where frustrated elites ally with marginalized groups during times of societal hardship to challenge the established order.

Stable/Genius: Stablecoins and Free Banking

1039. Stable/Genius: Stablecoins and Free Banking

An argument that stablecoins could enhance financial accessibility and efficiency, while drawing parallels to historical free banking systems and their potential impact on the economy.

The Decline in Summer Teen Employment

1040. The Decline in Summer Teen Employment

The post examines the decline in summer employment among teenagers, highlighting trends in employment ratios and potential reasons for decreased participation in the labor force.