Econ Blog

your daily dose of economic commentary

You can trust the jobs report, Labor Department workers urge public

1321. You can trust the jobs report, Labor Department workers urge public

Andrea Hsu discusses the Bureau of Labor Statistics workers' defense of the integrity of jobs reports following President Trump's criticisms.

Unfairly Traded Steel

1322. Unfairly Traded Steel

Pierre Lemieux discusses the implications of tariffs on steel, arguing that free trade is essential and criticizing the concept of "fairly traded steel" as self-serving.

History of computers and experimental design: second day of class

1323. History of computers and experimental design: second day of class

The post discusses the history of computers at Harvard, focusing on early machines and their evolution, while connecting this history to teaching quantitative methods and causal inference.

What will happen with House Prices?

1324. What will happen with House Prices?

The post discusses the factors influencing house prices, including inventory, sales, unemployment, and recent policy changes affecting the economy and housing market.

What is Blueskyism?

1325. What is Blueskyism?

Nate Silver discusses Bluesky's decline in influence compared to Twitter/X and explores the factors affecting social media platform growth and user retention.

Hundreds of South Koreans are among 475 detained in a Georgia immigration raid

1326. Hundreds of South Koreans are among 475 detained in a Georgia immigration raid

South Korea's foreign ministry expresses concern over the detention of approximately 300 South Koreans during an immigration raid at Hyundai's plant in Georgia.

Why Does the Right Reject Progress?

1327. Why Does the Right Reject Progress?

Paul Krugman discusses the rejection of scientific and technological progress by political reactionaries, highlighting its implications for economic and social advancement.

Comments on August Employment Report

1328. Comments on August Employment Report

The August employment report revealed disappointing job numbers, a rise in the unemployment rate to 4.3%, and revisions of previous payroll figures downward.

Cracks in the U.S. economy: Job growth slows 75% from a year ago

1329. Cracks in the U.S. economy: Job growth slows 75% from a year ago

Scott Horsley discusses the recent addition of only 22,000 jobs in the U.S. labor market, indicating potential weaknesses in the economy.

August Employment Report: 22 thousand Jobs, 4.3% Unemployment Rate

1330. August Employment Report: 22 thousand Jobs, 4.3% Unemployment Rate

The post discusses the August employment report, highlighting job changes, the unemployment rate, and revisions to previous employment data, indicating a weak labor market.

Ben Shapiro Being Stupid About Marx

1331. Ben Shapiro Being Stupid About Marx

Robert Vienneau critiques Ben Shapiro's misinterpretation of Marx's labor theory of value and highlights inaccuracies in Shapiro's understanding of Marxian economics.

Have questions about homeownership or renting? NPR wants to know

1332. Have questions about homeownership or renting? NPR wants to know

The post invites readers to share their experiences and questions about renting and homeownership for an upcoming NPR series.

Etsy sellers are being hit hard by tariffs and the end of the de minimis rule

1333. Etsy sellers are being hit hard by tariffs and the end of the de minimis rule

Bill Chappell discusses how Etsy sellers are adversely affected by tariffs and changes to the de minimis rule, impacting their business operations.

PBS cuts 15% of jobs in wake of federal funding cut

1334. PBS cuts 15% of jobs in wake of federal funding cut

PBS announces a 15% staff reduction due to decreased federal funding, resulting in over 100 job losses.

“How Tariffs are Affecting Wisconsin Economy”

1335. “How Tariffs are Affecting Wisconsin Economy”

Menzie Chinn discusses the impact of President Trump’s tariffs on Wisconsin's economy during a panel discussion at a WisPolitics luncheon.

1336. Bordo-McCauley: “A wrong Fed could do the dollar in: An open letter to the US Senate”

An argument that political influences on Federal Reserve appointments could destabilize the dollar, harming US households and small businesses during financial crises.

The Employment Picture — Pre-August Release

1337. The Employment Picture — Pre-August Release

Menzie Chinn analyzes JOLTS data and ADP employment figures, highlighting a decline in the vacancies to unemployed ratio and decelerating employment growth.

Las Vegas in July: Visitor Traffic Down 12% YoY

1338. Las Vegas in July: Visitor Traffic Down 12% YoY

Bill McBride discusses the decline in visitor traffic to Las Vegas in July 2025, highlighting statistics on tourism and convention attendance.

Senators grill Trump's nominee for Fed amid alarms over central bank independence

1339. Senators grill Trump's nominee for Fed amid alarms over central bank independence

Scott Horsley discusses senators' concerns regarding Stephen Miran's potential independence as a Federal Reserve nominee amid worries about central bank autonomy.

Who will be in charge of interest rates?

1340. Who will be in charge of interest rates?

The post discusses the tension between political influence and the independence of the Federal Reserve in setting interest rates, particularly during Trump's presidency.