1941. The Market Isn’t a Tool
An argument that markets operate independently of political agendas and cannot be manipulated to achieve desired outcomes, emphasizing the laws of economics over political influence.
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An argument that markets operate independently of political agendas and cannot be manipulated to achieve desired outcomes, emphasizing the laws of economics over political influence.
Nate Silver discusses the disconnect between young men and the Democratic Party, attributing it to perceptions of elitism and a preference for risk-taking associated with the Republican Party.
Home price growth is slowing, with inventory levels increasing and annual growth rates declining, indicating a cooling real estate market.
An argument that tariffs generate record revenue but lead to reduced imports and increased costs for consumers and businesses, highlighting opportunity costs and economic inefficiencies.
Paul Krugman discusses the misconceptions about New York City, contrasting its quality of life and safety with Florida's policies and living conditions.
Bill McBride discusses a decrease in construction spending in April 2025, highlighting trends in private and public construction investments.
Bill McBride discusses the decline of the ISM manufacturing index in May, indicating ongoing contraction in the manufacturing sector and its implications for the economy.
Active single-family housing inventory has increased significantly both week-over-week and year-over-year, indicating a larger-than-normal pickup in inventory for 2025.
The post critiques misinterpretations of the book "Abundance," highlighting its progressive themes and the growing political support for its ideas among Democratic leaders.
Robert Vienneau reviews Boettke, Candela, and Truitt's work on the socialist calculation debate, discussing its chapters and critiques of economic theories related to socialism.
The author recounts discovering Mexican art through a visit to an art dealer, leading to a journey to a remote village to find a specific painter.
Darian Woods discusses Gen Z's perception of financial insecurity despite having higher earnings and wealth compared to previous generations, a phenomenon termed 'money dysmorphia'.
An argument that a recession could align with Trump's economic goals, exploring its implications for trade deficits and the necessary economic conditions to achieve them.
The post discusses factors contributing to California's high gas prices, the benefits of global trade, and the historical context of Reagan's trade policies.
The discussion centers on the complexities of national security in trade policies, particularly how different countries justify protectionism for agricultural sectors despite lacking comparative advantages.
An argument that rising economic policy uncertainty negatively affects employment, with projections indicating significant declines based on historical data and analysis of recent trends.
The post discusses the decline in equipment investment linked to increased trade policy uncertainty, supported by various economic analyses and data visualizations.
An argument that markets should not be viewed as tools of politics, emphasizing individual freedom and the philosophical underpinnings of economic exchange without coercion.
Tyler Cowen critiques Scott Alexander's views on aid and overhead, addressing misunderstandings and misrepresentations in their discussions on these topics.
Paul Krugman discusses a court ruling on Trump's trade war with Joey Politano, highlighting the implications for tariffs and emergency powers in trade policy.