Econ Blog

your daily dose of economic commentary

761. Pete Hegseth Believes in the Lethality Fairy

An argument that the belief in increased violence will lead to success in foreign policy is misguided and lacks a coherent strategy, reflecting a dangerous mindset among officials.

Grade Caps are Not a Good Solution to Grade Inflation

762. Grade Caps are Not a Good Solution to Grade Inflation

An argument that grade caps fail to address the root causes of grade inflation and may worsen the situation by penalizing ambitious students in competitive courses.

Trump’s America and the Axis of Autocracy

763. Trump’s America and the Axis of Autocracy

Paul Krugman discusses the emergence of a coalition of authoritarian regimes, including Trump’s support for figures like Orbán and Putin, undermining democracy.

When People Cut Back on Instagram, Where Do They Go?

764. When People Cut Back on Instagram, Where Do They Go?

An argument that when users reduce time on Instagram, they often shift their attention to gaming and video apps rather than other social media platforms.

Cutsinger’s Solution: Housing Quantity and Price

765. Cutsinger’s Solution: Housing Quantity and Price

Bryan Cutsinger analyzes the Cleveland housing market, discussing supply dynamics, demand fluctuations, and their effects on housing prices and quantities.

766. Old Papers On Rent And One New One

The post reviews and annotates various academic papers on rent, production techniques, and their implications for economics and international trade.

China's AI chatbots are advanced and versatile — and begging for more users

767. China's AI chatbots are advanced and versatile — and begging for more users

John Ruwitch discusses how Chinese AI companies prioritize customer attraction through promotions and practical chatbot applications over cutting-edge technology.

Claude Code 36: I Was Wrong About P-Hacking (And Here's What I Actually Found)

768. Claude Code 36: I Was Wrong About P-Hacking (And Here's What I Actually Found)

Scott Cunningham reflects on his misconceptions about p-hacking after analyzing AI-generated economics papers, highlighting the impact of rounding on statistical results.

Maybe you should have bought an electric car

769. Maybe you should have bought an electric car

Noah Smith discusses the economic advantages of electric vehicles and critiques U.S. policies that hinder their adoption compared to global trends.

Trump says he has 'no problem' with Russian oil tanker bringing relief to Cuba despite blockade

770. Trump says he has 'no problem' with Russian oil tanker bringing relief to Cuba despite blockade

An argument that Trump expresses no objection to a Russian oil tanker providing aid to Cuba amid a U.S. oil blockade.

What’s the Plan?

771. What’s the Plan?

Menzie Chinn discusses the potential military actions in Iran, their implications for oil prices, and the associated economic risks, including recession probabilities.

Scott Sumner on *The Marginal Revolution*

772. Scott Sumner on *The Marginal Revolution*

An argument that the slow development of economic theories like marginal analysis reveals the complexity of understanding fundamental concepts in economics and other fields.

From EDGAR Filings to a Structured Database using Claude Code

773. From EDGAR Filings to a Structured Database using Claude Code

The post details a process for extracting and structuring data from SEC EDGAR filings to analyze firms' risk disclosures related to tariff changes.

From an Empty Folder to a Figure using Claude Code

774. From an Empty Folder to a Figure using Claude Code

The post details using AI coding tools to analyze changes in homeowner age distribution over 50 years, illustrating practical data retrieval challenges and solutions.

Getting Started with Claude Code: A Researcher’s Setup Guide

775. Getting Started with Claude Code: A Researcher’s Setup Guide

Paul Goldsmith-Pinkham discusses the use of Claude Code and AI coding tools to enhance empirical research efficiency and productivity.

Is America Suffering from the “Resource Curse”?

776. Is America Suffering from the “Resource Curse”?

Paul Krugman discusses the implications of the resource curse on the U.S. economy and politics, highlighting concerns over reliance on fossil fuels and natural resource wealth.

Shruti interviews V. Anantha Nageswaran on the Indian economy

777. Shruti interviews V. Anantha Nageswaran on the Indian economy

The discussion focuses on India's economic policies, particularly regarding taxation on futures and options trading, and their implications for market behavior and investor protection.

He wants children's bikes made in the U.S.A. — and tariffs against his rivals

778. He wants children's bikes made in the U.S.A. — and tariffs against his rivals

A company in Indiana aims to produce children's bikes domestically and is advocating for tariffs to support its efforts against foreign competitors.

PRISM 2026 NBA draft rankings

779. PRISM 2026 NBA draft rankings

The post discusses the importance of NBA draft rankings, the challenges teams face in evaluating prospects, and introduces a new model for assessing player potential.

How our PRISM NBA draft model works

780. How our PRISM NBA draft model works

The post explains a machine learning model that evaluates NBA draft prospects through pairwise comparisons rather than traditional performance metrics, emphasizing role prediction and versatility.