2961. Banking on Data Center Investment
Menzie Chinn discusses the importance of sustained capital expenditure investment in data centers and its implications for economic growth.
2962. Tuesday: CPI
The post discusses mortgage rates, the significance of upcoming inflation reports, and their potential impact on interest rates and market expectations.
2963. Guest Contribution: “Cryptocurrencies and the political economy of money”
An argument that explores the viability of cryptocurrencies, their economic functions, and their political implications within the context of global finance and state sovereignty.
2964. Ford says it will roll out a cheaper electric pickup truck
Camila Domonoske discusses Ford's plans to produce a more affordable electric pickup truck to compete with Chinese manufacturers.
2965. Nathaniel Hawthorne on How the Invention of Iron Stoves Ruined Society
Timothy Taylor discusses Nathaniel Hawthorne's critique of iron stoves, arguing they diminish social interactions and the warmth of domestic life compared to traditional fireplaces.
2966. The Next Financial Crisis
Bill McBride discusses the potential for a future financial crisis driven by poorly regulated areas of finance, particularly cryptocurrency, and warns against its integration into the financial system.
2967. Trump says Nvidia will hand the U.S. 15% of its H20 chip sales to China
An argument that Nvidia will provide a portion of its chip sales to China in exchange for reduced export restrictions from the U.S. government.
2968. August ICE Mortgage Monitor: Home Prices Continue to Cool
Bill McBride discusses the cooling trend in home prices, highlighting the impact of mortgage rates and inventory on the real estate market.
2969. Is the Gen Z Stare Hurting Their Job Prospects?
The post examines how the Gen Z stare may negatively impact job prospects due to misinterpretations of emotional neutrality in professional settings.
2970. The Political Economy of Incompetence
An argument that incompetence in economic reporting reflects a political strategy that values loyalty over accuracy within certain political movements.
2971. Housing August 11th Weekly Update: Inventory down 0.8% Week-over-week; Down 10% from 2019 Levels
Active single-family housing inventory decreased slightly week-over-week but remains significantly higher than seasonal lows, with comparisons to previous years indicating trends in the market.
2972. Factories from GE to Kraft Heinz lose immigrant workers, stressing those who remain
Andrea Hsu discusses the impact of immigration policy changes on factories and the remaining immigrant workers who feel overwhelmed by increased demands.
2973. Trump's tariff revenue has skyrocketed. But how big is it, really?
An argument that the revenue from tariffs under Trump has increased significantly, yet remains a small part of total government income and does not cover new spending.
2974. *One Life to Lead*, and Scheffler’s stance on time neutrality
Tyler Cowen discusses Samuel Scheffler's critique of time neutrality, exploring its implications for personal and social decision-making in philosophy.
2975. What we're reading on the beach this summer
The post recommends three books suitable for beach reading, incorporating elements of economic learning and social media's impact on language.
2976. Stock Market Capitalization ex-Magnificent 7
The post analyzes SP500 market capitalization excluding top tech stocks, assessing economic performance and durability amid inflation and interest rate changes.
2977. Mental Health Gains versus Coding Using LLMs versus SUTVA
Scott Cunningham explores the potential mental health impacts of LLMs like ChatGPT and Claude, comparing their functionalities and implications for coding and self-medication.
2978. My Weekly Reading for August 10, 2025
The post reviews various articles discussing child supervision laws, the effects of guaranteed income, economic myths, and the implications of tariffs on trade.
2979. The Economics of Smoot Hawley 2.0, Part II
Paul Krugman discusses the economic implications of Trump's tariffs, framing them as class warfare that disproportionately affects lower-income Americans.
2980. Who will actually profit from the AI boom?
The discussion centers on who will benefit financially from the AI boom, examining potential profits for various companies and the implications for economic inequality.