Econ Blog

your daily dose of economic commentary

3381. FOMC Minutes: Rate Cut this year would "likely be appropriate"

An argument that the Federal Open Market Committee is considering a potential rate cut this year, weighing economic conditions and inflation risks.

Linda Yaccarino steps down after a turbulent two years leading X

3382. Linda Yaccarino steps down after a turbulent two years leading X

The post discusses Linda Yaccarino's resignation after a challenging tenure at X, contrasting her leadership style with Elon Musk's approach.

Identities and Causation

3383. Identities and Causation

Kevin Corcoran discusses the distinction between mathematical identities and causal mechanisms, particularly in the context of economic analysis and commentary.

GAVI’s Ill-Advised Venture Into African Industrial Policy

3384. GAVI’s Ill-Advised Venture Into African Industrial Policy

Alex Tabarrok critiques GAVI's African Vaccine Manufacturing Accelerator, arguing that funding and demand issues, not production capacity, hinder vaccine access in Africa.

Build Baby Build

3385. Build Baby Build

Paul Krugman discusses the challenges of housing affordability in American cities and recent political developments aimed at easing construction restrictions in California.

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

3386. Part 1: Current State of the Housing Market; Overview for mid-July 2025

The post provides an overview of the housing market in mid-July 2025, highlighting increasing inventory, flat sales, and price pressures affecting both existing and new homes.

MBA: Mortgage Applications Increase in Latest MBA Weekly Survey

3387. MBA: Mortgage Applications Increase in Latest MBA Weekly Survey

Bill McBride discusses a 9.4% increase in mortgage applications, driven by lower rates and higher homebuyer demand, according to the MBA's latest survey.

Confused about where things stand with Trump's tariffs? Here's a handy primer

3388. Confused about where things stand with Trump's tariffs? Here's a handy primer

Scott Horsley discusses President Trump's postponed higher tariffs and provides an overview of the current status of his tariff policy.

Govt 1: Why Are Some Countries Rich and Some Countries Poor? (Institutions)

3389. Govt 1: Why Are Some Countries Rich and Some Countries Poor? (Institutions)

Robert Smith discusses the influence of government bureaucracy on economic disparities between nations, exploring why some countries are rich while others are poor.

Summer School 1: A government's role in the economy is to make us all richer

3390. Summer School 1: A government's role in the economy is to make us all richer

Robert Smith discusses the interplay between government and economy, exploring how political influence affects wealth distribution among nations.

British Industrial Policy: This Time Is Different

3391. British Industrial Policy: This Time Is Different

Pierre Lemieux discusses the resurgence of industrial policy in Britain, arguing it reflects misguided ideological beliefs about government intervention in the economy.

Supreme Court allows Trump to resume mass federal layoffs for now

3392. Supreme Court allows Trump to resume mass federal layoffs for now

The post discusses the Supreme Court's decision allowing the Trump administration to proceed with mass federal layoffs temporarily.

Latin America: A Lost Century for Catch-up Growth

3393. Latin America: A Lost Century for Catch-up Growth

Timothy Taylor discusses how Latin America's slow economic growth can be traced back over a century, highlighting technological stagnation and foreign dependency.

Prime Day — er, Days — tests deal hunters' will to spend amid tariffs

3394. Prime Day — er, Days — tests deal hunters' will to spend amid tariffs

The post discusses consumer spending behavior during Prime Day amidst economic factors like tariffs affecting prices and purchasing decisions.

Tuesday's Assorted Links

3395. Tuesday's Assorted Links

The author discusses various stories highlighting economic principles and their applications, including car pricing, employment data, and AI's impact on communication.

An Econ 101 Error

3396. An Econ 101 Error

Jon Murphy critiques Treasury Secretary Scott Bessent's tweet about stablecoins and their impact on US Treasury demand, highlighting fundamental economic misunderstandings.

The Paradox of India

3397. The Paradox of India

An exploration of India's unique cultural pluralism, emphasizing its ability to embrace diversity and coexistence in a way that offers lessons for a polarized world.

The Tariff Beatings Will Continue Until Morale Improves

3398. The Tariff Beatings Will Continue Until Morale Improves

Paul Krugman discusses the implications of Trump's new tariffs on trade with South Korea and Japan, emphasizing their historical significance and potential economic impact.

A Planet Money guide to 5 fascinating new econ papers

3399. A Planet Money guide to 5 fascinating new econ papers

A roundup of five intriguing recent economics studies highlighting various economic phenomena and insights.

The U.S. has millions of old gas and oil wells. Here's what it takes to plug them up

3400. The U.S. has millions of old gas and oil wells. Here's what it takes to plug them up

The post discusses the challenges and processes involved in plugging old gas and oil wells in the U.S. to prevent environmental hazards.