1261. Teaching Potential Outcomes to My Students on Day 3 of Class
The post discusses teaching potential outcomes in causal inference, emphasizing its importance and the challenges students face in understanding the concept.
your daily dose of economic commentary
The post discusses teaching potential outcomes in causal inference, emphasizing its importance and the challenges students face in understanding the concept.
Paul Krugman discusses the failure of Trump's economic promises and the cult-like behavior of his supporters in denying the reality of economic data.
Bill McBride discusses the current housing market, highlighting increased inventory, declining sales, and projected year-over-year price decreases for existing homes by the end of 2025.
An argument that explores the concepts of absolute, intensive, and extensive rent within the context of non-competitive markets and their implications for agricultural and industrial capitalists.
Mortgage applications rose significantly, driven by declining rates and increased borrower demand, with notable growth in both purchase and refinance applications compared to previous weeks and last year.
The piece discusses Lachlan Murdoch's secure leadership role at News Corp. and Fox following a succession battle with his father.
Menzie Chinn discusses the interrelation between international trade and foreign direct investment, emphasizing their complementary nature in the context of trade policy uncertainty.
Menzie Chinn discusses the White House's misleading interpretation of benchmark revisions regarding job growth and the economy under Presidents Trump and Biden.
Scott Horsley discusses a federal judge's ruling that temporarily prevents President Trump from firing Federal Reserve Governor Lisa Cook.
An argument that the Preliminary Benchmark Revision likely undercounts employment, particularly for undocumented workers, and discusses its implications for job growth estimates.
The post examines Susan Collins's vulnerability in the upcoming Senate race, highlighting Maine's unique political landscape and the implications for Democratic strategies in the 2026 elections.
Nina Totenberg discusses the Supreme Court's decision to hear a challenge regarding the legality of Trump's tariffs, which lower courts have deemed illegal.
The Supreme Court will review lower court rulings declaring some of Trump's tariffs unlawful.
An argument that tariffs on steel and aluminum may harm national security by diverting resources from critical industries, complicating the justification for such trade restrictions.
Timothy Taylor discusses the EU's lagging productivity and economic integration, highlighting barriers that hinder competition and innovation compared to the US economy.
The post shares five stories highlighting economic principles and their applications, emphasizing the importance of engaging economics education for students.
Scott Cunningham shares his recent move to Boston, experiences with football, and plans for upcoming games while reflecting on personal memories and friendships.
The post discusses upcoming Consumer Price Index data, forecasts for inflation rates, and factors influencing changes in CPI and core CPI.
Jon Murphy discusses the dual nature of markets, highlighting their ability to coordinate and innovate while also critiquing the dangers of collectivism and centralized control.
Alex Tabarrok discusses housing market dynamics, comparing apartment prices in Austin and New York, and the impact of Airbnb regulations on hotel prices.