Econ Blog

your daily dose of economic commentary

Why Can't We All Get Along?

2581. Why Can't We All Get Along?

Robert Vienneau discusses the challenges of achieving societal harmony in the face of intolerance and inequality, emphasizing the need for a tolerant society to defend itself.

Hundreds of South Koreans arrested in a U.S. immigration raid are being sent home

2582. Hundreds of South Koreans arrested in a U.S. immigration raid are being sent home

More than 300 South Korean workers detained for illegal employment in the U.S. are being repatriated on a chartered flight from Atlanta.

How to think about AI progress

2583. How to think about AI progress

An argument that AI progress is bifurcated into immediate, limited improvements and slower, long-term advancements, challenging perceptions of stagnation in the field.

6 ways college students can get a better handle on their money

2584. 6 ways college students can get a better handle on their money

Financial advice is provided for college students on managing student loans, credit cards, and budgeting effectively.

US Income Inequality Before Taxes and (Many) Transfers: Census Data

2585. US Income Inequality Before Taxes and (Many) Transfers: Census Data

Timothy Taylor discusses trends in US income inequality based on Census data, highlighting the rise in income concentration among the top quintile and educational disparities.

The Costs and Choices of Kiki’s Delivery Service

2586. The Costs and Choices of Kiki’s Delivery Service

The post explores the economic concepts of cost and choice through Kiki's experiences in her delivery service, emphasizing implicit costs and the nature of scarcity.

Cotality: House Prices Increased 1.4% YoY in July

2587. Cotality: House Prices Increased 1.4% YoY in July

Bill McBride discusses the 1.4% year-over-year increase in US home prices in July 2025, highlighting regional variations and market trends.

Teaching Potential Outcomes to My Students on Day 3 of Class

2588. Teaching Potential Outcomes to My Students on Day 3 of Class

The post discusses teaching potential outcomes in causal inference, emphasizing its importance and the challenges students face in understanding the concept.

When MAGA Prophecy Fails

2589. When MAGA Prophecy Fails

Paul Krugman discusses the failure of Trump's economic promises and the cult-like behavior of his supporters in denying the reality of economic data.

Part 1: Current State of the Housing Market; Overview for mid-September 2025

2590. Part 1: Current State of the Housing Market; Overview for mid-September 2025

Bill McBride discusses the current housing market, highlighting increased inventory, declining sales, and projected year-over-year price decreases for existing homes by the end of 2025.

Absolute Rent, Extensive Rent, And Intensive Rent

2591. Absolute Rent, Extensive Rent, And Intensive Rent

An argument that explores the concepts of absolute, intensive, and extensive rent within the context of non-competitive markets and their implications for agricultural and industrial capitalists.

MBA: Mortgage Applications Increase in Latest Weekly Survey

2592. MBA: Mortgage Applications Increase in Latest Weekly Survey

Mortgage applications rose significantly, driven by declining rates and increased borrower demand, with notable growth in both purchase and refinance applications compared to previous weeks and last year.

Who is Lachlan Murdoch, the anointed media tycoon?

2593. Who is Lachlan Murdoch, the anointed media tycoon?

The piece discusses Lachlan Murdoch's secure leadership role at News Corp. and Fox following a succession battle with his father.

Why We Teach International Trade and Foreign Direct Investment Together

2594. Why We Teach International Trade and Foreign Direct Investment Together

Menzie Chinn discusses the interrelation between international trade and foreign direct investment, emphasizing their complementary nature in the context of trade policy uncertainty.

White House Tries to (Ineptly) Spin the Preliminary Benchmark Release

2595. White House Tries to (Ineptly) Spin the Preliminary Benchmark Release

Menzie Chinn discusses the White House's misleading interpretation of benchmark revisions regarding job growth and the economy under Presidents Trump and Biden.

Federal judge blocks Trump from firing Fed Governor Lisa Cook, for now

2596. Federal judge blocks Trump from firing Fed Governor Lisa Cook, for now

Scott Horsley discusses a federal judge's ruling that temporarily prevents President Trump from firing Federal Reserve Governor Lisa Cook.

Implications of the Preliminary Benchmark Revision

2597. Implications of the Preliminary Benchmark Revision

An argument that the Preliminary Benchmark Revision likely undercounts employment, particularly for undocumented workers, and discusses its implications for job growth estimates.

Is Susan Collins toast?

2598. Is Susan Collins toast?

The post examines Susan Collins's vulnerability in the upcoming Senate race, highlighting Maine's unique political landscape and the implications for Democratic strategies in the 2026 elections.

Supreme Court agrees to hear challenge to some of Trump's sweeping tariffs

2599. Supreme Court agrees to hear challenge to some of Trump's sweeping tariffs

Nina Totenberg discusses the Supreme Court's decision to hear a challenge regarding the legality of Trump's tariffs, which lower courts have deemed illegal.

Supreme Court will weigh in on Trump's tariffs. Here's what to know about the case

2600. Supreme Court will weigh in on Trump's tariffs. Here's what to know about the case

The Supreme Court will review lower court rulings declaring some of Trump's tariffs unlawful.