Econ Blog

your daily dose of economic commentary

First day of class!

1361. 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.

The Simple Mathematics of Chinese Innovation

1362. The Simple Mathematics of Chinese Innovation

An argument that China's growth in innovation, particularly in clean energy, reflects a shift from copying to leading in research, benefiting global progress and wealth.

Yes, America Has a Housing Emergency

1363. Yes, America Has a Housing Emergency

An argument that America faces a genuine housing emergency exacerbated by political decisions, highlighting the disconnect between rising home prices and inadequate housing supply.

BLS: Job Openings Decreased to 7.2 million in July

1364. BLS: Job Openings Decreased to 7.2 million in July

Job openings decreased to 7.2 million in July, with unchanged hires and separations, indicating a stable labor market despite year-over-year declines in job openings and quits.

MBA: Mortgage Applications Decrease in Latest Weekly Survey

1365. MBA: Mortgage Applications Decrease in Latest Weekly Survey

Mortgage applications fell 1.2% despite lower mortgage rates, with refinancing activity slightly increasing, while purchase activity declined after a recent rise.

Hitler's bunker is now just a parking lot. But it's a 'dark tourism' attraction anyway

1366. Hitler's bunker is now just a parking lot. But it's a 'dark tourism' attraction anyway

The post explores the phenomenon of dark tourism, focusing on Hitler's bunker and the ethical implications and economic factors surrounding such attractions.

Crypto, Stablecoins, and the Rise of Tokenization

1367. Crypto, Stablecoins, and the Rise of Tokenization

An argument that cryptocurrencies struggle to gain traction due to transaction inefficiencies, competition from traditional finance, and reputational issues, while stablecoins show promise for payments.

In a major antitrust ruling, a judge lets Google keep Chrome but levies other penalties

1368. In a major antitrust ruling, a judge lets Google keep Chrome but levies other penalties

Jaclyn Diaz discusses a federal judge's ruling allowing Google to retain Chrome while imposing penalties on its exclusive search engine deals.

Trump's tariffs are in limbo. So what now? How 3 businesses are adjusting — again

1369. Trump's tariffs are in limbo. So what now? How 3 businesses are adjusting — again

Scott Horsley discusses how businesses are adapting to the uncertainty surrounding Trump's tariffs after a federal appeals court ruling.

Tuesday's Assorted Links

1370. Tuesday's Assorted Links

The post discusses various recent stories highlighting economic principles, including order cancellations, environmental penalties, job market challenges, electric vehicle sales, and tourism revenue.

The best quarterbacks of all time

1371. The best quarterbacks of all time

Nate Silver discusses the development of a new NFL quarterback projection system and its significance in evaluating quarterback performance historically and in future seasons.

The Political Economy of Cruelty: Some Elements

1372. The Political Economy of Cruelty: Some Elements

Pierre Lemieux explores the relationship between individual and governmental cruelty, analyzing how incentives and public choice contribute to cruel policies and behaviors.

Variation Of Cost-Minimizing Technique With Increased Net Output And Extensive And Intensive Rent

1373. Variation Of Cost-Minimizing Technique With Increased Net Output And Extensive And Intensive Rent

An argument that explores the relationship between cost-minimizing techniques, net output, and the concepts of extensive and intensive rent in economic analysis.

Vogue promotes Chloe Malle to top editor spot

1374. Vogue promotes Chloe Malle to top editor spot

The post discusses Chloe Malle's promotion to editor of American Vogue and her ongoing reporting relationship with Anna Wintour.

Construction Spending Decreased 0.1% in July

1375. Construction Spending Decreased 0.1% in July

Bill McBride discusses a 0.1% decrease in construction spending in July 2025, highlighting trends in private and public construction investments.

Could China Have Gone Christian?

1376. Could China Have Gone Christian?

Alex Tabarrok discusses the Taiping Rebellion's significance, its Christian roots, and its impact on China's political landscape during the 19th century.

The Bonfire of Trump’s Vanities

1377. The Bonfire of Trump’s Vanities

An argument that the Trump administration's illegal tariffs and diplomatic blunders reveal its incompetence and vanity, undermining the U.S.'s global standing and economic integrity.

Freddie Mac House Price Index Declined in July; Up 1.4% Year-over-Year

1378. Freddie Mac House Price Index Declined in July; Up 1.4% Year-over-Year

The post discusses the decline in the Freddie Mac House Price Index for July, noting a year-over-year increase and highlighting regional variations in home prices.

Kraft Heinz is splitting up, separating hot dogs from ketchup

1379. Kraft Heinz is splitting up, separating hot dogs from ketchup

Alina Selyukh discusses Kraft Heinz's decision to split after a challenging decade following its merger orchestrated by Warren Buffett.

Starter homes are scarce, so Utah set a target to build more. Here's how it's going

1380. Starter homes are scarce, so Utah set a target to build more. Here's how it's going

Jennifer Ludden discusses Utah's efforts to increase starter home construction amid concerns that young people are unable to build wealth in a high-cost housing market.