Econ Blog

your daily dose of economic commentary

Realtor.com Reports Most Actively "For Sale" Inventory since 2019

4021. Realtor.com Reports Most Actively "For Sale" Inventory since 2019

The post discusses the significant increase in housing inventory and new listings, while noting stagnant median list prices and buyer sentiment challenges.

So why *did* U.S. wages stagnate for 20 years?

4022. So why *did* U.S. wages stagnate for 20 years?

An argument that U.S. wage stagnation from 1973 to 1994 was influenced by various economic factors, with globalization's impact being more complex than commonly perceived.

GDP on a Lower Trajectory – Survey of Professional Forecasters

4023. GDP on a Lower Trajectory – Survey of Professional Forecasters

An argument that GDP forecasts indicate a downward revision, reflecting a consensus among various economic surveys and projections for future growth.

Cardwell’s Cage and How to Break Free

4024. Cardwell’s Cage and How to Break Free

Chelsea Follett explores Cardwell's Law and the cyclical nature of innovation in cities, examining historical examples and the conditions necessary for sustained creativity.

Saturday links

4025. Saturday links

Scott Cunningham shares personal updates, discusses upcoming travels, and provides links to various topics, including productivity research and technology developments.

Tariffs: Now What?

4026. Tariffs: Now What?

Paul Krugman discusses the ongoing impact of tariffs, particularly those imposed during the Trump administration, and their implications for trade policy.

Schedule for Week of May 18, 2025

4027. Schedule for Week of May 18, 2025

Bill McBride discusses the key economic reports and data releases scheduled for the week of May 18, 2025, focusing on housing and employment statistics.

Emergent Ventures India, 10th cohort

4028. Emergent Ventures India, 10th cohort

Tyler Cowen highlights the achievements and projects of the 10th cohort of Emergent Ventures India, showcasing innovative ideas from young entrepreneurs and researchers.

May 16th COVID Update: Weekly COVID Deaths Increased Slightly

4029. May 16th COVID Update: Weekly COVID Deaths Increased Slightly

Bill McBride discusses the slight increase in weekly COVID deaths and changes in hospital reporting requirements.

The 145% tariff already did its damage

4030. The 145% tariff already did its damage

An argument that the brief imposition of a 145% tariff on Chinese imports caused significant and lasting economic damage to affected companies and individuals.

Stablecoins and Monetary Policy

4031. Stablecoins and Monetary Policy

An argument that stablecoins do not significantly threaten monetary policy, as the Federal Reserve retains control over the monetary base and can adjust supply and demand effectively.

Economic Sentiment Continues to Fall as Inflation Expectations Climb Further

4032. Economic Sentiment Continues to Fall as Inflation Expectations Climb Further

Menzie Chinn discusses declining economic sentiment and rising inflation expectations based on various confidence indices and survey data.

How Tariffs Built the World’s Worst Car that Only the Rich Could Have

4033. How Tariffs Built the World’s Worst Car that Only the Rich Could Have

An argument that tariffs hinder innovation and competition, exemplified by the poorly designed Hindustan Ambassador car, illustrating the long-term negative effects of protectionist policies.

4034. The Import-So-That-They-Can-Export Firms

The post discusses the role of small firms in international trade, highlighting their dual function as major importers and exporters within global supply chains.

Fewer Rules, Better People: Lam on Legalism’s Moral Cost

4035. Fewer Rules, Better People: Lam on Legalism’s Moral Cost

An argument that excessive adherence to rules undermines moral development and societal flourishing, advocating for discretion and understanding the purpose behind regulations.

The Trade War Isn’t Over

4036. The Trade War Isn’t Over

An argument that recent tariff reductions do not signify the end of the trade war, as significant tariffs remain and will adversely affect the economy and lower-income families.

Housing Starts Increased to 1.361 million Annual Rate in April

4037. Housing Starts Increased to 1.361 million Annual Rate in April

Housing starts increased in April, with multi-family units rising, while single-family starts declined year-over-year and building permits decreased from March levels.

2 officials fired by Trump return to court to challenge his power

4038. 2 officials fired by Trump return to court to challenge his power

Two Democratic board members challenge President Trump's authority to fire them, referencing federal law and Supreme Court precedent in their court case.

Why UnitedHealth's terrible year is dragging down the Dow

4039. Why UnitedHealth's terrible year is dragging down the Dow

Maria Aspan discusses how UnitedHealth's significant stock decline is negatively impacting the Dow Jones Industrial Average.

Graphs from “Changes in International Economics:  Do We Need to Alter Our Approach?”

4040. Graphs from “Changes in International Economics:  Do We Need to Alter Our Approach?”

Menzie Chinn discusses the need for new approaches in international economics, highlighting the impact of tariffs on trade dynamics.