1081. Trump's tariff revenue has skyrocketed. But how big is it, really?
An argument that the revenue from tariffs under Trump has increased significantly, yet remains a small part of total government income and does not cover new spending.
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An argument that the revenue from tariffs under Trump has increased significantly, yet remains a small part of total government income and does not cover new spending.
Tyler Cowen discusses Samuel Scheffler's critique of time neutrality, exploring its implications for personal and social decision-making in philosophy.
The post recommends three books suitable for beach reading, incorporating elements of economic learning and social media's impact on language.
The post analyzes SP500 market capitalization excluding top tech stocks, assessing economic performance and durability amid inflation and interest rate changes.
Scott Cunningham explores the potential mental health impacts of LLMs like ChatGPT and Claude, comparing their functionalities and implications for coding and self-medication.
The post reviews various articles discussing child supervision laws, the effects of guaranteed income, economic myths, and the implications of tariffs on trade.
Paul Krugman discusses the economic implications of Trump's tariffs, framing them as class warfare that disproportionately affects lower-income Americans.
The discussion centers on who will benefit financially from the AI boom, examining potential profits for various companies and the implications for economic inequality.
Bill McBride discusses the upcoming Consumer Price Index release, providing forecasts and insights on inflation trends and the impact of tariffs on prices.
Tyler Cowen discusses the current state of AI development, emphasizing decentralized progress and competition among companies, countering doomer narratives about monopolistic outcomes.
The post discusses the reliability of employment data from different sources, emphasizing the CPS series' variability and its implications for interpreting employment trends.
The author discusses personal updates, plans for a road trip, and shares insights on data analysis tools and recent music releases.
Alex Tabarrok explains that uniform tariffs on all countries can lead to better economic outcomes than selective tariffs, despite the latter seeming closer to free trade.
The discussion centers on international currency roles, the impact of U.S. tariffs, and the uncertainty surrounding Trump's policies on global economic credibility.
Key economic reports for the week include CPI, retail sales, and manufacturing surveys, with consensus forecasts provided for each indicator.
Common questions about tariffs and their implications on the economy are addressed, providing insights into their impact on inflation and recession.
The post describes the sights, culture, and experiences in Northern Ghana, highlighting art, local customs, and the unique characteristics of Tamale.
Mary Childs discusses the implications of government data manipulation, highlighting cases from Argentina and Greece to illustrate the challenges of restoring trust in economic statistics.
The post discusses cocoa market dynamics, including farmer exploitation, state monopsony, smuggling, and corruption in Ghana and Ivory Coast's cocoa industry.
Timothy Taylor discusses the significant number of jobs linked to exports and the potential risks posed by trade policies, particularly regarding US tariffs.