4661. Why Do Domestic Prices Rise With Tarriffs?
Alex Tabarrok explains that tariffs raise domestic prices due to increased opportunity costs in production, not merely because of reduced competition.
4662. Mixtape University: Diff-in-diff with a checklist. Why Can't I Use an Already Treated Group as a Control?
A discussion on using difference-in-differences methodology in causal inference, emphasizing the importance of control groups and the distinction between forward and reverse engineering.
4663. AAR: Rail Carloads and Intermodal Up in March
The post discusses recent increases in rail carloads and intermodal traffic, highlighting the impact of economic conditions and trade policy on the freight rail sector.
4664. Jaguar and Land Rover maker pauses shipments to US as it develops post-tariff plans
The Associated Press reports that Jaguar Land Rover is halting U.S. shipments to adjust to Trump's tariffs and develop new trade strategies.
4665. I, Pencil with Tariff Rates Added
David Henderson discusses Leonard Read's "I, Pencil" and examines the impact of tariff rates on pencil production under Trump's trade policies.
4666. How automakers are responding to the 25% car tariffs so far
The post discusses immediate effects of new tariffs on foreign cars, including layoffs and shipment delays in the automotive industry.
4667. Recession Watch
An argument that recent tariff policies and economic indicators may signal a potential recession, while noting the resilience of the U.S. economy and avoiding definitive predictions.
4668. America’s Cultural Revolution
Scott Sumner critiques the Trump Administration's tariff calculations, highlighting significant mathematical errors and drawing parallels to the Chinese Cultural Revolution's impact on expertise.
4669. Closing tabs
The post discusses various topics including AI's impact on jobs, mental health treatment, trade tariffs, and personal reflections on life tasks and responsibilities.
4670. A Conversation With Elizabeth Warren
Paul Krugman discusses Elizabeth Warren's views on tariffs, economic uncertainty, and the implications of Republican tax plans during their conversation.
4671. Trump closes loophole used by American shoppers to buy Chinese goods tariff-free
A loophole permitting tariff-free purchases of Chinese goods by American shoppers is set to close, impacting direct shipments from China and Hong Kong.
4672. My 1979 trip to Oxford and London
Tyler Cowen reflects on his 1979 trip to Oxford and London, sharing experiences from an economics course and his impressions of the cities.
4673. April 4th COVID Update: COVID Deaths Continue Declining
The post discusses the decline in COVID-19 deaths, updates on hospital reporting requirements, and trends in wastewater data as indicators of the pandemic's status.
4674. How the War on Drugs got us... blueberries
The discussion connects the availability of Peruvian blueberries in winter to the war on drugs, highlighting its impact on trade policy and foreign aid.
4675. Has the Recession Already Started?
An argument that the likelihood of a recession's start is uncertain, with various probabilities assigned to different quarters based on preliminary employment data.
4676. International Trade Exam Question
Jon Murphy discusses how tariffs on imports can lead to layoffs in American automobile plants due to the interconnectedness of North American economies.
4677. Wall Street thinks Trump's tariffs will eat Main Street alive
An argument that Trump's tariffs could severely impact American consumers and businesses, drawing parallels to historical economic consequences and analyzing stock market reactions.
4678. The US Copyright Office is Anti-Prompt
The post critiques the US Copyright Office's guidance on copyright protection for AI-assisted works, emphasizing the complexities of human authorship and AI's role in creativity.
4679. A Silver Lining, but…
The post discusses the economic and social consequences of Trump's tariffs, highlighting potential negative outcomes and the hope for a return to free enterprise principles.
4680. Trump extends TikTok's sell-by deadline again
The post discusses President Trump's decision to extend the deadline for TikTok's potential ban, highlighting the implications of this action.