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.
your daily dose of economic commentary
Scott Cunningham reflects on his first day of class at Harvard, discussing student engagement, the importance of causal inference, and mental health among students.
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.
An argument that America faces a genuine housing emergency exacerbated by political decisions, highlighting the disconnect between rising home prices and inadequate housing supply.
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.
Mortgage applications fell 1.2% despite lower mortgage rates, with refinancing activity slightly increasing, while purchase activity declined after a recent rise.
The post explores the phenomenon of dark tourism, focusing on Hitler's bunker and the ethical implications and economic factors surrounding such attractions.
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.
Jaclyn Diaz discusses a federal judge's ruling allowing Google to retain Chrome while imposing penalties on its exclusive search engine deals.
Scott Horsley discusses how businesses are adapting to the uncertainty surrounding Trump's tariffs after a federal appeals court ruling.
The post discusses various recent stories highlighting economic principles, including order cancellations, environmental penalties, job market challenges, electric vehicle sales, and tourism revenue.
Nate Silver discusses the development of a new NFL quarterback projection system and its significance in evaluating quarterback performance historically and in future seasons.
Pierre Lemieux explores the relationship between individual and governmental cruelty, analyzing how incentives and public choice contribute to cruel policies and behaviors.
An argument that explores the relationship between cost-minimizing techniques, net output, and the concepts of extensive and intensive rent in economic analysis.
The post discusses Chloe Malle's promotion to editor of American Vogue and her ongoing reporting relationship with Anna Wintour.
Bill McBride discusses a 0.1% decrease in construction spending in July 2025, highlighting trends in private and public construction investments.
Alex Tabarrok discusses the Taiping Rebellion's significance, its Christian roots, and its impact on China's political landscape during the 19th century.
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.
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.
Alina Selyukh discusses Kraft Heinz's decision to split after a challenging decade following its merger orchestrated by Warren Buffett.
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.