your daily dose of economic commentary
An argument that regulation is essential for managing AI's potential benefits and risks, emphasizing the concentration of power among a few individuals in the industry.
Bill McBride discusses the decline in billings at architecture firms and reduced interest in new projects, indicating economic uncertainty and a slowdown in construction activity.
An argument that effective budget cuts require careful consideration of productivity and institutional knowledge, rather than arbitrary reductions that can worsen organizational efficiency.
Paul Krugman discusses the cruel implications of proposed changes to Social Security that would harm disabled Americans, linking them to the egos of influential figures like Elon Musk.
Robert Vienneau discusses the rarity of reswitching and triple-switching in production techniques, exploring theoretical and empirical aspects of these phenomena in economics.
The post describes an educational assignment involving roleplay and deep research, utilizing ChatGPT for interviews to enhance student learning and understanding.
Bill McBride discusses a decrease in mortgage applications and the impact of rising mortgage rates on refinancing and purchasing activity.
Tyler Cowen discusses the Marginal Revolution blog, blending economic concepts with a whimsical story about a circus clown who applies economic theories to his performances.
Audrey Quinn discusses an obscure government program that collects forgotten money and explores how individuals can locate their misplaced funds.
The discussion focuses on the U.S. withdrawal from the WTO's dispute settlement system and its implications for international trade relations.
An archive of NCAA tournament predictions, detailing a rating system and analysis based on historical data, with updates on team performance and forecasts.
The discussion centers on the failure of progressives to effectively address housing shortages, climate change, and infrastructure, advocating for a new approach to liberalism.
The post discusses the increasing frequency of NCAA tournament upsets, highlighting statistical trends and changes in player eligibility affecting team performance.
A government-backed broadcaster is suing the Trump administration to compel the release of congressionally appropriated funds.
A review of the Federal Reserve's monetary policy highlights past mistakes and advocates for a more neutral stance to stabilize nominal GDP growth post-pandemic.
An argument that discusses recent economic indicators, including industrial production and retail sales, along with various nowcasting methods for GDP estimates.
Visitor traffic in Las Vegas decreased slightly in January, while convention attendance increased significantly, influenced by major events and changes in scheduling.
The post discusses federal judges ordering the reinstatement of illegally fired probationary employees and the complications agencies face in executing this mandate.
Timothy Taylor discusses the rise of private credit as an alternative to traditional bank loans for businesses, highlighting its growth and implications for financial regulation.
An argument that Hume's view on self-interested politicians needs revision to acknowledge the potential dangers posed by ignorant or incompetent rulers in contemporary governance.