Econ Blog

your daily dose of economic commentary

Federal judge says Kari Lake can't fire Voice of America director

2741. Federal judge says Kari Lake can't fire Voice of America director

David Folkenflik reports on a federal judge's ruling preventing Kari Lake from firing the Voice of America director.

Fiscal Dominance Brings Financial Repression

2742. Fiscal Dominance Brings Financial Repression

Pierre Lemieux discusses how fiscal dominance can lead to financial repression through inflation, impacting government expenditures and central bank independence.

With no federal facial recognition law, states rush to fill void

2743. With no federal facial recognition law, states rush to fill void

Bobby Allyn discusses how states are enacting laws to regulate facial recognition technology in the absence of federal legislation.

Inflation Adjusted House Prices 2.5% Below 2022 Peak; Price-to-rent index is 9.8% below 2022 peak

2744. Inflation Adjusted House Prices 2.5% Below 2022 Peak; Price-to-rent index is 9.8% below 2022 peak

An argument that house prices, adjusted for inflation, remain slightly below their 2022 peak, with insights on price-to-rent ratios and historical trends.

Fed governor Lisa Cook sues Trump over firing

2745. Fed governor Lisa Cook sues Trump over firing

A governor sues the president over her dismissal, claiming it stems from unfounded allegations related to mortgage fraud before her confirmation.

Why Aren’t Markets Freaking Out?

2746. Why Aren’t Markets Freaking Out?

The post examines the surprising calm in financial markets despite threats to the Federal Reserve's independence and discusses market behavior in response to economic policy changes.

This rule made many online purchases dirt cheap for U.S. consumers. Now it's ending

2747. This rule made many online purchases dirt cheap for U.S. consumers. Now it's ending

The end of the de minimis rule will complicate the import of inexpensive goods for U.S. consumers, impacting millions of packages daily.

'AI slop' videos may be annoying, but they're racking up views — and ad money

2748. 'AI slop' videos may be annoying, but they're racking up views — and ad money

John Ruwitch discusses how "slop" videos created with generative AI attract significant views and revenue despite criticism for their quality.

Term Premium and Trsy-TIPS Breakeven

2749. Term Premium and Trsy-TIPS Breakeven

Menzie Chinn discusses the rise in the 10-year term premium and 5-year TIPS-Trsy breakeven amid Trump's influence on the Federal Reserve.

G. Dirk Mateer Asks: “Do We Still Really Need the Bureau of Labor Statistics?”

2750. G. Dirk Mateer Asks: “Do We Still Really Need the Bureau of Labor Statistics?”

Menzie Chinn discusses the relevance of the Bureau of Labor Statistics compared to private sector data, particularly from ADP, in assessing labor market conditions.

Re-Arranging the Syllabus (Again): Barro-Gordon Moved Up

2751. Re-Arranging the Syllabus (Again): Barro-Gordon Moved Up

The author discusses updating a course syllabus to include concepts of time inconsistency and Barro-Gordon due to the impact of recent political events.

Milei’s Message for Economists

2752. Milei’s Message for Economists

Justin Callais critiques economists' warnings against Javier Milei's policies, arguing that they misunderstand market dynamics and highlighting Milei's economic successes in Argentina.

Some Stuff I Learned About Harvard This Week

2753. Some Stuff I Learned About Harvard This Week

Scott Cunningham shares insights from a Harvard faculty orientation, focusing on student concentrations, particularly in economics and social sciences, and discussions on generative AI.

Brands are loving Taylor Swift's engagement. Do they need to calm down?

2754. Brands are loving Taylor Swift's engagement. Do they need to calm down?

Rachel Treisman discusses how brands are capitalizing on Taylor Swift's engagement and the need for a balanced marketing approach.

We Have Never Been Woke Part 8: Totemic Capital and Consecrated Elites

2755. We Have Never Been Woke Part 8: Totemic Capital and Consecrated Elites

Kevin Corcoran discusses totemic capital, its role in victimhood culture, and how elites leverage identity for personal gain rather than aiding marginalized groups.

Singapore’s Pay Model Isn’t India’s: Market Wages vs. Civil-Service Rents

2756. Singapore’s Pay Model Isn’t India’s: Market Wages vs. Civil-Service Rents

An argument that contrasts Singapore's competitive civil service pay model with India's inflated government salaries, highlighting the implications for talent allocation and economic productivity.

The Crazy Comes for Clean Energy

2757. The Crazy Comes for Clean Energy

Paul Krugman discusses the rapid advancements in renewable energy and critiques the Trump administration's efforts to undermine clean energy initiatives.

Final Look at Local Housing Markets in July and a Comment on July Sales from Tom Lawler

2758. Final Look at Local Housing Markets in July and a Comment on July Sales from Tom Lawler

The post analyzes local housing market trends in July, highlighting sales declines, inventory increases, and potential future price changes.

The richest third-world country

2759. The richest third-world country

The post discusses the perception of the U.S. as a "third-world country," highlighting political dysfunction and authoritarian tendencies under recent leadership compared to other nations.

Take The Planet Money Summer School Quiz In Political Economy

2760. Take The Planet Money Summer School Quiz In Political Economy

Eric Mennel invites readers to test their knowledge of market manipulation and domestic industry through a quiz in Political Economy.