3961. Upending norms, the Senate votes to undo California's EV rules
Camila Domonoske discusses the Senate's decision to override the parliamentarian's advice and revoke California's vehicle standards, anticipating legal challenges.
3962. Gaming Out a Sudden Stop
Paul Krugman discusses the potential for a sudden economic crisis in the U.S. due to capital flow disruptions and the implications of current political actions.
3963. NAR: Existing-Home Sales Decreased to 4.00 million SAAR in April; Down 2.0% YoY
Bill McBride discusses the decline in existing-home sales and inventory trends reported by the National Association of REALTORS® for April.
3964. Chinn-Ito Financial Openness Index Updated to 2022
Menzie Chinn discusses the updated Chinn-Ito Financial Openness Index and its relevance in measuring financial openness and development across countries.
3965. My excellent Conversation with Theodore Schwartz
Tyler Cowen discusses neurosurgery training, AI's role, surgeon selection, and the psychological aspects of surgeons with Theodore Schwartz.
3966. Raising ethics questions, top Trump meme coin investors to dine with president tonight
An exclusive dinner with top investors in a meme coin raises ethical concerns regarding cryptocurrency and its intersection with the White House.
3967. How Trump made a 30% tariff feel like a relief
The post discusses how Trump's tariff strategy creates a perception of relief by initially proposing high tariffs and then lowering them, illustrating the 'anchor effect.'
3968. How Trump is making coin from $TRUMP coin
Darian Woods discusses the launch and financial implications of the $TRUMP coin, exploring its legality and connection to the Foreign Emoluments Clause.
3969. Trump tried to shutter Radio Free Europe. The EU threw it a lifeline
The post discusses the Trump administration's attempt to cut funding for Radio Free Europe and the EU's response to support the outlet's critical news role.
3970. ChatGPT is shockingly bad at poker
Nate Silver discusses the limitations of ChatGPT in poker, contrasting its performance with that of specialized poker solvers and highlighting the technology's overall utility in other tasks.
3971. White Americans as a normal minority
Noah Smith discusses the evolving discourse around race in America, particularly how it affects political dynamics and collective national identity.
3972. Update on the Military Base Realignment and Closure Process
Timothy Taylor discusses the challenges and political dynamics of the Military Base Realignment and Closure Process and its impact on redevelopment efforts.
3973. Destroying Dollar Safe Haven Status at Breakneck Speed
Menzie Chinn discusses the decline of the dollar's safe haven status and its implications following recent fiscal developments.
3974. America is a Manufacturing Powerhouse
An argument that the US manufacturing sector is stronger than perceived, emphasizing per capita output and the impact of economic policies on its perception.
3975. Tariffs as Part of An Optimal Tax System
Jon Murphy discusses the role of tariffs in an optimal tax system and their potential to minimize deadweight loss compared to other taxes.
3976. How economists (and TikTok) know if a recession is coming
Kenny Malone discusses how social media and economists identify recession indicators amid economic uncertainty.
3977. A Newark air traffic controller on the moment systems went dark
The post discusses recent flight disruptions at Newark Airport due to failures in air traffic control systems and the federal response to these issues.
3978. AIA: "Billings continue to decline at architecture firms"
The post discusses the ongoing decline in billings at architecture firms, indicating recession-like conditions and predicting a slowdown in commercial real estate investment.
3979. Random thoughts
Scott Cunningham reflects on relationships, gratitude, and the complexity of human existence while sharing personal updates about his daughter's graduation and upcoming trip to Europe.
3980. Rent Seeking for Four Generations
An argument that a family's long-term occupation of a rent-controlled apartment highlights the dysfunction of New York's rent control system and its unintended consequences.