2001. Snapshots of the US Income Distribution
Timothy Taylor discusses recent data on US income distribution, highlighting trends in inequality and the effects of taxes and transfers on income levels.
your daily dose of economic commentary
Timothy Taylor discusses recent data on US income distribution, highlighting trends in inequality and the effects of taxes and transfers on income levels.
An argument that the bond market remains skeptical despite recent economic indicators and geopolitical developments affecting uncertainty levels.
Nina Totenberg discusses the Supreme Court's hesitation regarding the administration's desire to fire Fed governor Lisa Cook, highlighting concerns about central bank independence.
An argument that Trump's tariff threats against Europe lack economic leverage and primarily harm American consumers, revealing the irrationality behind his demands for Greenland.
An argument that the Trump administration claims offshore wind poses risks but fails to specify those threats, leading to concerns from wind companies about transparency.
The post discusses the Trump administration's efforts to undermine the Consumer Financial Protection Bureau through funding cuts and layoffs.
Nina Totenberg discusses President Trump's attempts to challenge the Federal Reserve's independence by firing a board member, highlighting legal and political implications.
Menzie Chinn analyzes recent manufacturing data, indicating a recession in the sector based on employment and production metrics.
The discussion reflects on the accuracy of predictions regarding Trump's presidency, evaluating the insights of critics and supporters while considering the broader political implications.
An argument that explores the competitive dynamics between US and Chinese AI markets, focusing on usage patterns of large language models and factors influencing their adoption.
Jadrian Wooten shares five stories highlighting economic principles and education, including AI in film, smartphone sales, wealth, air pollution regulations, and teaching capitalism.
The post discusses reviving an old abortion research project using new econometric methods and AI tools to analyze the impact of clinic closures on access.
An exploration of using advanced econometric methods to analyze the impact of abortion clinic closures on access, utilizing new data and methodologies for empirical research.
An argument that the current president exhibits signs of mental decline, exacerbated by enabling supporters who prioritize personal gain over national well-being.
The post discusses an experiment on how people perceive the taking of rivalrous versus non-rivalrous resources, revealing differing attitudes toward digital piracy and ownership.
A discussion on the history of monetarism, central banking evolution, and personal insights from an economist's career, including experiences during the Greek Debt Crisis.
Camila Domonoske examines whether Trump's promise to halve energy bills has been fulfilled a year later.
An argument that highlights the dangers of authoritarianism in the U.S., particularly regarding immigration policies and public response to government actions against protesters.
Nate Silver discusses the NFL MVP race between Drake Maye and Matt Stafford, comparing traditional and advanced statistics to support his argument for Maye.
Menzie Chinn discusses GDP growth forecasts and recession probabilities based on a recent WSJ economic survey, highlighting downside risks in the projections.