Econ Blog

your daily dose of economic commentary

No, VATs Are NOT Like Export Subsidies

4801. No, VATs Are NOT Like Export Subsidies

Scott Sumner critiques Tyler Cowen's view on VATs and their impact on exports, arguing they do not function like export subsidies.

March 28th COVID Update: COVID Deaths Continue Declining

4802. March 28th COVID Update: COVID Deaths Continue Declining

Bill McBride discusses the decline in COVID deaths and the decision to stop tracking hospitalizations as data reporting changes.

Federal judge prevents Trump administration from dismantling CFPB

4803. Federal judge prevents Trump administration from dismantling CFPB

A federal judge issues an injunction to maintain the Consumer Financial Protection Bureau amid ongoing litigation involving the agency's union.

Appeals court rules Trump can fire board members of independent agencies

4804. Appeals court rules Trump can fire board members of independent agencies

A court ruling allows Trump to dismiss Democratic members from independent agencies, overturning a previous reinstatement decision.

4805. A View from the IMF on Nuances of Industrial Policy

An argument that industrial policies vary in effectiveness, with success linked to export-oriented strategies in Asia and failures associated with import substitution in Latin America.

PM x Radiolab: Can the economy grow forever?

4806. PM x Radiolab: Can the economy grow forever?

Jeff Guo explores the sustainability of Earth's resources and the implications for human life, questioning whether we can continue to grow economically.

Teaching David Autor at Economics of AI This Week

4807. Teaching David Autor at Economics of AI This Week

Scott Cunningham discusses David Autor's work on AI and its impact on middle-class jobs in his Economics of AI class and his upcoming guest lecture.

Social Contract Ambiguity

4808. Social Contract Ambiguity

An argument that social contract theory lacks clarity and validity, highlighting disagreements among theorists about its terms and the implications for political authority and obligation.

Stagflationary risks will slow the Fed down

4809. Stagflationary risks will slow the Fed down

The discussion highlights the Fed's cautious stance amid stagflation risks, influenced by tariffs and economic forecasts, leading to potential pauses in rate adjustments.

Of Tariffs and Totalitarianism

4810. Of Tariffs and Totalitarianism

An argument that tariffs reflect a troubling mindset in the Trump administration, undermining America's credibility and dismissing legitimate economic criticism.

Trump signs order ending union bargaining rights for wide swaths of federal employees

4811. Trump signs order ending union bargaining rights for wide swaths of federal employees

An argument that an executive order by the President eliminates collective bargaining rights for many federal employees, prompting unions to prepare for legal action.

PCE Measure of Shelter Decreases to 4.3% YoY in February

4812. PCE Measure of Shelter Decreases to 4.3% YoY in February

Bill McBride discusses the year-over-year changes in shelter costs as reported by CPI and PCE, highlighting trends and implications for future rent adjustments.

Personal Income increased 0.8% in February; Spending increased 0.4%

4813. Personal Income increased 0.8% in February; Spending increased 0.4%

The post discusses February's personal income and spending data, highlighting increases in income, consumption expenditures, and inflation rates, along with implications for economic growth.

U.S. sees large rise in border seizures of eggs, while fentanyl rate falls

4814. U.S. sees large rise in border seizures of eggs, while fentanyl rate falls

Bill Chappell discusses the significant increase in egg border seizures in the U.S. while noting a decrease in fentanyl interceptions.

Missing taxes, spiking copper and Napster's re-re-rebirth

4815. Missing taxes, spiking copper and Napster's re-re-rebirth

Darian Woods discusses a projected tax shortfall, rising copper prices, and the ongoing relevance of Napster in the digital landscape.

Largest tax increase in US history?

4816. Largest tax increase in US history?

Scott Sumner discusses the implications of recent auto tariffs as a significant tax increase and critiques media coverage and political responses to the policy.

More on the Mar-o-Lago Accord Malarky: “be afraid…be very afraid”

4817. More on the Mar-o-Lago Accord Malarky: “be afraid…be very afraid”

Menzie Chinn discusses the ineffectiveness and risks of the proposed Mar-a-Lago Accord regarding U.S. economic policy and its potential destabilizing effects on the dollar.

Understanding America's New Right

4818. Understanding America's New Right

An argument that explores the ideology of America's New Right, examining its influence on policymaking and the motivations behind actions taken by its leaders.

2024Q4 GDP, GDO, GDP+, and Nowcasted Consumption Crash

4819. 2024Q4 GDP, GDO, GDP+, and Nowcasted Consumption Crash

An argument that recent GDP and consumption data indicate a significant slowdown in economic growth, highlighting adjustments for gold imports and nowcasting methodologies.

Trump's new tariffs on imported cars could have a clear winner: Tesla

4820. Trump's new tariffs on imported cars could have a clear winner: Tesla

Scott Neuman discusses how Trump's import tariffs on foreign cars may benefit Tesla while raising vehicle prices for consumers.