5181. America is Trapped in a Burning Tesla
Paul Krugman critiques the complacency of business leaders regarding Trump's policies and highlights the negative economic consequences of his tariffs and Musk's management of federal agencies.
your daily dose of economic commentary
Paul Krugman critiques the complacency of business leaders regarding Trump's policies and highlights the negative economic consequences of his tariffs and Musk's management of federal agencies.
Bill McBride discusses the record rise in property insurance costs in 2024, driven by natural disaster losses, significantly impacting overall mortgage payments.
Scott Cunningham discusses the importance of identifying and counting treated units in difference-in-differences analysis for causal inference in research.
Menzie Chinn discusses the economic impacts of mass deportation and immigration restriction, including effects on the labor force and social security.
Calculated Risk discusses a significant increase in mortgage applications and declining mortgage rates, citing data from Joel Kan of the MBA.
Robert Vienneau discusses the analysis of switch points in economic models, focusing on the implications of double-fluke cases and their effects on profits and output.
The discussion highlights how tariff-driven inflation is likely to persist due to supply-side factors, price stickiness, and the complexities of economic policy responses.
Menzie Chinn analyzes grocery price forecasts and egg prices, highlighting potential increases due to tariffs on Mexican imports.
Scott Sumner discusses the changing nature of sanctions, particularly U.S. secondary sanctions, and their political implications over time.
Alexi Horowitz-Ghazi discusses the rise of memecoins and their implications in the attention economy through the story of a famous animal influencer.
Wailin Wong examines the costs of using the Panama Canal and the political tensions between the U.S. and Panama regarding its management and fees.
John Ruwitch discusses China's economic growth target of around 5% amidst domestic challenges and U.S. tariffs on imports.
Noah Smith discusses China's technological advancements and innovation, contrasting it with historical powers while questioning the impact of autocracy on creativity and scientific progress.
Menzie Chinn critiques Trump's handling of trade policies and their implications for the economy and inflation.
Menzie Chinn analyzes GDP growth projections while excluding import effects, highlighting a near-stall growth rate for Q1 2025.
Kevin Corcoran discusses R. R. Reno's arguments about strong gods and their dual nature, emphasizing the importance of acknowledging their dangers alongside their potential benefits.
Andrea Hsu discusses the OPM's revision of a memo regarding probationary employees and the lack of reinstatement for those previously fired.
Conversable Economist discusses Oded Stark's analysis of stress management strategies in American and German fighter pilots during WWII and their impact on performance.
Menzie Chinn discusses the predictive power of soybean futures prices and their relationship to spot prices, referencing previous research and statistical analysis.
Pierre Lemieux discusses historical autarky, particularly in China, and contrasts it with Western trade openness, highlighting economic implications of isolationist policies.