Econ Blog

your daily dose of economic commentary

Housing June 2nd Weekly Update: Inventory up 2.1% Week-over-week, Up 32.8% Year-over-year

3841. Housing June 2nd Weekly Update: Inventory up 2.1% Week-over-week, Up 32.8% Year-over-year

Active single-family housing inventory has increased significantly both week-over-week and year-over-year, indicating a larger-than-normal pickup in inventory for 2025.

It's time for Abundance to get mad

3842. It's time for Abundance to get mad

The post critiques misinterpretations of the book "Abundance," highlighting its progressive themes and the growing political support for its ideas among Democratic leaders.

3843. Review of Boettke, Candela, and Truitt: The Socialist Calculation Debate

Robert Vienneau reviews Boettke, Candela, and Truitt's work on the socialist calculation debate, discussing its chapters and critiques of economic theories related to socialism.

My days collecting Mexican art, part I

3844. My days collecting Mexican art, part I

The author recounts discovering Mexican art through a visit to an art dealer, leading to a journey to a remote village to find a specific painter.

Why Gen Z is feeling 'money dysmorphia'

3845. Why Gen Z is feeling 'money dysmorphia'

Darian Woods discusses Gen Z's perception of financial insecurity despite having higher earnings and wealth compared to previous generations, a phenomenon termed 'money dysmorphia'.

“Trump may actually want a recession…”

3846. “Trump may actually want a recession…”

An argument that a recession could align with Trump's economic goals, exploring its implications for trade deficits and the necessary economic conditions to achieve them.

My Weekly Reading for June 1, 2025

3847. My Weekly Reading for June 1, 2025

The post discusses factors contributing to California's high gas prices, the benefits of global trade, and the historical context of Reagan's trade policies.

Everyone Has Their Reasons

3848. Everyone Has Their Reasons

The discussion centers on the complexities of national security in trade policies, particularly how different countries justify protectionism for agricultural sectors despite lacking comparative advantages.

Taking Economic Policy Uncertainty Seriously

3849. Taking Economic Policy Uncertainty Seriously

An argument that rising economic policy uncertainty negatively affects employment, with projections indicating significant declines based on historical data and analysis of recent trends.

Nowcasted Equipment Investment Decelerates

3850. Nowcasted Equipment Investment Decelerates

The post discusses the decline in equipment investment linked to increased trade policy uncertainty, supported by various economic analyses and data visualizations.

The Free Market Is Not a Tool for Politicos

3851. The Free Market Is Not a Tool for Politicos

An argument that markets should not be viewed as tools of politics, emphasizing individual freedom and the philosophical underpinnings of economic exchange without coercion.

Scott Alexander replies

3852. Scott Alexander replies

Tyler Cowen critiques Scott Alexander's views on aid and overhead, addressing misunderstandings and misrepresentations in their discussions on these topics.

An Emergency Trade Discussion With Joey Politano

3853. An Emergency Trade Discussion With Joey Politano

Paul Krugman discusses a court ruling on Trump's trade war with Joey Politano, highlighting the implications for tariffs and emergency powers in trade policy.

The anti-economists have overreached

3854. The anti-economists have overreached

An argument that critiques the oversimplification of economics by some commentators, emphasizing the importance of understanding economic theories and methods before making broad claims.

Schedule for Week of June 1, 2025

3855. Schedule for Week of June 1, 2025

Bill McBride outlines the key economic reports scheduled for the week of June 1, 2025, including employment and manufacturing data.

Continuous diff in diff

3856. Continuous diff in diff

Scott Cunningham discusses the rapid evolution and citation surge of continuous diff-in-diff methods in economics, highlighting recent developments and personal applications in causal inference.

GDP and “Core GDP” Nowcasts

3857. GDP and “Core GDP” Nowcasts

Menzie Chinn discusses the concept of "core" GDP and its implications for economic momentum and growth forecasts in 2025Q2.

Meta plans to replace humans with AI to assess privacy and societal risks

3858. Meta plans to replace humans with AI to assess privacy and societal risks

Concerns arise over Meta's automation strategy, which may enable AI to make critical decisions regarding privacy and societal risks associated with its applications.

Trump Predicts at Least 3% Growth

3859. Trump Predicts at Least 3% Growth

Menzie Chinn discusses Trump's growth predictions, comparing them to past promises and analyzing GDP data related to those forecasts.

Despite Upward Revisions, Sentiment Still Looks Pretty Poor

3860. Despite Upward Revisions, Sentiment Still Looks Pretty Poor

Menzie Chinn discusses the updated Michigan survey figures, highlighting improvements in economic sentiment despite previously negative expectations.