1341. The Central Planning Arms Race
Jon Murphy discusses the challenges of central planning, emphasizing human creativity and the inefficiencies it creates in economic systems.
1342. How will we reach 10,000 hours with ChatGPT?
An argument that generative AI alters the learning process by reducing time inputs, raising concerns about the value of traditional homework and the implications for human capital development.
1343. Fashion designer Giorgio Armani, whose name became synonymous with luxury, dies at 91
Diana Opong discusses the legacy of fashion designer Giorgio Armani, highlighting his influence on luxury fashion and his innovative designs.
1344. Cooking the Federal Reserve’s Credibility
Paul Krugman discusses the implications of Trump's potential influence on the Federal Reserve's independence and its effects on monetary policy and credibility.
1345. Light Vehicles Sales Decreased to 16.07 million SAAR in August
Bill McBride discusses the August light vehicle sales data, noting a decrease from July but an increase from the previous year, influenced by consumer behavior regarding tariffs and EV credits.
1346. Trade Deficit Increased to $78.3 Billion in July
The post discusses the increase in the U.S. trade deficit in July, highlighting changes in exports and imports, and the deficit's relationship with petroleum products.
1347. My very interesting Conversation with Seamus Murphy
A discussion on photography, conflict zones, cultural perceptions, and personal experiences in places like Afghanistan and Kolkata, highlighting the intersection of art and life in challenging environments.
1348. Fox bosses privately called U.S. Attorney Jeanine Pirro 'reckless maniac' and more
Remarks about a U.S. attorney's behavior following the 2020 election highlight concerns over her promotion of unfounded election fraud claims.
1349. Sell it, donate it — recycle it? A beloved old minivan faces a fork in the road
Camila Domonoske discusses the dilemma of what to do with her old minivan after two decades of use, considering selling, donating, or recycling it.
1350. At least five interesting things: You Can't Just Do Things edition (#69)
An argument that recent studies challenge the effectiveness of unconditional cash benefits in alleviating poverty and improving quality of life for recipients.
1351. Trump asks Supreme Court to reverse tariffs ruling finding them illegal
An argument that the government seeks to overturn a court ruling declaring Trump's tariffs illegal under emergency powers law.
1352. End the Fed?
An argument that the Federal Reserve's central planning undermines the economy by distorting interest rates and controlling prices, leading to economic disarray and loss of currency value.
1353. Blue books are a bad idea
An argument that traditional assessment methods, like blue book exams, may not effectively address the challenges posed by AI in education and could hinder genuine learning.
1354. The Financial System: Some Graphs
Menzie Chinn discusses graphs illustrating the current state of the financial system as part of his teaching course.
1355. ICYMI: Journal of Economic Perspectives Summer Issue Free Online
Timothy Taylor discusses the availability of the Summer 2025 issue of the Journal of Economic Perspectives online, encouraging readers to access it freely.
1356. How Trump's latest crypto launch enriches his family
Maria Aspan discusses how Trump's cryptocurrency launch has financially benefited him and his family, emphasizing their significant profits linked to his political return.
1357. In a brawl over right-wing TV, Newsmax sues Fox News
David Folkenflik discusses Newsmax's antitrust lawsuit against Fox News, claiming it attempted to stifle the growth of its smaller competitor in the cable news market.
1358. Fed's Beige Book: "Little or no change in economic activity"
Bill McBride discusses the Federal Reserve's Beige Book findings, highlighting stagnation in economic activity and mixed sentiments across various Districts regarding consumer spending and employment.
1359. Economics Problems of Grocery Delivery
Kevin Corcoran discusses the economic factors influencing grocery delivery choices, including personal preferences, transaction costs, information asymmetries, and the principal-agent problem.
1360. First day of class!
Scott Cunningham reflects on his first day of class at Harvard, discussing student engagement, the importance of causal inference, and mental health among students.