1501. With Fed under pressure, Jerome Powell prepares for a high-stakes speech
The Fed chair's upcoming speech is crucial as the central bank faces pressure from the White House to reduce interest rates.
1502. Make Drug Approval Easier
David Henderson discusses the challenges of drug approval in the U.S. and advocates for easier processes to encourage innovation and access to new treatments.
1503. Walmart says tariff costs are rising 'each week' and will continue
Alina Selyukh discusses Walmart's ongoing challenges with rising tariff costs and their impact on pricing strategies.
1504. Crime and Self-Promotion
Paul Krugman discusses the disconnect between crime statistics and public perception, criticizing political narratives surrounding crime during the Trump administration.
1505. NAR: Existing-Home Sales Increased to 4.01 million SAAR in July
Bill McBride discusses the National Association of REALTORS® report showing a 2.0% increase in existing-home sales in July, highlighting regional variations and inventory changes.
1506. Far fewer Canadians are visiting the U.S. this year, new numbers show
Joe Hernandez discusses a significant decline in Canadian visits to the U.S. in July, with a nearly 37% drop compared to the previous year.
1507. My Conversation with David Brooks
A discussion on American culture's sociological issues, generational challenges, and the evolution of political beliefs, highlighting the interplay between personal experiences and broader societal trends.
1508. Guest Contribution: “Monthly Household Income Estimates at the White House”
The post examines the presentation of monthly household income data at the White House, comparing estimates from different sources and discussing their implications for economic understanding.
1509. Is the Sensitivity of Muni Bond Rates to 10 Year Treasury 0.04?
Menzie Chinn critiques EJ Antoni's analysis of municipal bond rates and their sensitivity to the 10-year Treasury yield, highlighting potential issues in the methodology.
1510. Real talk on models, moderation, and the misuse of academic authority
Nate Silver discusses the debate over moderate candidates' electoral performance and critiques the methodology of opposing political scientists regarding this issue.
1511. Meanwhile, in Mexico
The post discusses Mexico's political changes under López Obrador, emphasizing the consolidation of executive power and its implications for democracy and governance globally.
1512. Moderation is good for its own sake
Noah Smith discusses the resurgence of blogging debates, focusing on the electability of moderate candidates versus ideological ones in political elections.
1513. In Praise of Editors
Timothy Taylor reflects on the vital role of editors in the writing process, emphasizing their importance and often overlooked contributions compared to writers.
1514. We Have Never Been Woke Part 7: Victimhood Culture
An argument that contemporary elites adopt victimhood narratives for social status, contrasting past values of resilience and personal confrontation with a culture that incentivizes perceived fragility.
1515. FOMC Minutes: "Committee might face difficult tradeoffs" regarding Unemployment and Inflation
An argument that the Federal Open Market Committee faces challenging tradeoffs between managing inflation and unemployment, highlighting risks from tariffs and economic conditions.
1516. Useful Counterfactuals on Trade
An argument that counterfactuals in trade discussions can be justified through evidence, demonstrating that trade has generally led to positive economic outcomes despite claims of negative impacts.
1517. Trump calls for resignation of Fed governor in latest line of attack
Scott Horsley discusses President Trump's demand for the resignation of Fed governor Lisa Cook following accusations of her making false statements.
1518. AIA: "Business at architecture firms remains soft" in July
Business at architecture firms remains weak, with declining billings and challenges in converting inquiries into contracts, although there are slight signs of improvement in some sectors.
1519. Random links, plus continual updates about Boston and Harvard and the trains
The author shares personal experiences about moving to Boston, using the train, and updates on academic work, while reflecting on various topics including media and gratitude.
1520. ICEing the U.S. Economy
Paul Krugman discusses the implications of Trump's immigration policies on civil liberties and the U.S. economy, emphasizing the potential negative economic impact of deportations.