Econ Blog

your daily dose of economic commentary

Episode 68. Why Does Europe Struggle with Innovation? With Luis Garicano

841. Episode 68. Why Does Europe Struggle with Innovation? With Luis Garicano

Jon Hartley and Luis Garicano discuss Europe's innovation struggles, regulation issues, and Garicano's experiences in academia and politics.

AI one-shot papers

842. AI one-shot papers

An argument that automated AI procedures in empirical work increasingly rely on difference-in-differences methods, raising concerns about the quality and care in causal evaluations.

843. Let's Talk About Fertilizer

The discussion highlights the impact of war on fertilizer supply, its importance for U.S. agriculture, and potential disruptions in contracts and prices due to geopolitical tensions.

China is quietly looking weaker

844. China is quietly looking weaker

The discussion highlights emerging skepticism about China's future dominance, citing industrial policy limits, technological challenges, and political issues under Xi Jinping as potential weaknesses.

Talking With Robin Brooks

845. Talking With Robin Brooks

A discussion on the oil crisis, market risks, and differing economic perspectives between two economists, emphasizing the complexities of oil pricing and geopolitical factors.

846. Murray Rothbard Muddled And Confused

Robert Vienneau critiques Murray Rothbard's understanding of utility and welfare economics, particularly his concepts of demonstrated preference and praxeology.

Closing out my tabs: Saturday edition

847. Closing out my tabs: Saturday edition

The post reflects on personal experiences, shares interesting articles, and discusses cultural topics, including mocktails, literature, and psychological insights.

U.S. judge rules against Pentagon restrictions on press coverage

848. U.S. judge rules against Pentagon restrictions on press coverage

Jason Breslow discusses a U.S. judge's ruling that the Pentagon's media restrictions violate the First Amendment.

Nowcasts and Forecasts

849. Nowcasts and Forecasts

An argument that nowcasts reflect a downward revision of economic forecasts influenced by geopolitical events, while indicating no immediate recession in the near term.

Jury finds Elon Musk misled investors during Twitter purchase

850. Jury finds Elon Musk misled investors during Twitter purchase

The Associated Press reports that a jury found Elon Musk liable for misleading investors during his Twitter acquisition, although he was cleared of some fraud claims.

CBS News shutters its storied radio news service after nearly a century, ending an era

851. CBS News shutters its storied radio news service after nearly a century, ending an era

The post discusses the closure of CBS News' radio service after nearly a century, highlighting its historical significance and connection to recent layoffs.

852. Is it Time to Drive 55 Again?

An argument that reinstating the 55 mph speed limit could help conserve oil amid high prices, highlighting economic and distributional considerations during a supply crisis.

Claude Code 34: Using "Dispatch" on my phone with Claude Code to revisit the cannabis paper, plus other stuff about CS

853. Claude Code 34: Using "Dispatch" on my phone with Claude Code to revisit the cannabis paper, plus other stuff about CS

Scott Cunningham discusses the new "Dispatch" update for Claude Code, its impact on workflow, and revisits a cannabis research paper using the app.

A Danish Fix for U.S. Mortgage Lock-in

854. A Danish Fix for U.S. Mortgage Lock-in

Alex Tabarrok discusses how Denmark's mortgage system could alleviate the U.S. mortgage lock-in effect, enhancing homeowner mobility and stability in the housing market.

Scenes from the Death of the Pax Americana

855. Scenes from the Death of the Pax Americana

Paul Krugman reflects on the decline of America's global reputation and influence through various recent events and reactions.

Bargaining with the Butcher, Baker, and Brewer: A New Look at Smith’s Most Famous Sentences

856. Bargaining with the Butcher, Baker, and Brewer: A New Look at Smith’s Most Famous Sentences

Jacob Sider Jost explores Adam Smith's famous sentences, emphasizing the importance of communication and persuasion in economic transactions rather than mere self-interest.

Why it's so hard for world leaders to bring down oil and gasoline prices

857. Why it's so hard for world leaders to bring down oil and gasoline prices

An argument that world leaders face significant challenges in effectively reducing rising oil and gasoline prices amid geopolitical tensions and economic factors.

Consumers vs. mates as a source of selection pressure

858. Consumers vs. mates as a source of selection pressure

Tyler Cowen discusses evolutionary pressures on AI models, comparing consumer preferences to mate selection, and highlights potential risks from military applications.

FCC approves merger of local television owners Nexstar and Tegna as two lawsuits seek to block it

859. FCC approves merger of local television owners Nexstar and Tegna as two lawsuits seek to block it

The Associated Press reports on the FCC's approval of the Nexstar and Tegna merger amid two lawsuits aimed at blocking it.

Recession Probabilities: All around 30%-35%

860. Recession Probabilities: All around 30%-35%

An argument that recession probabilities are estimated around 30%-35%, influenced by factors like oil prices and economic conditions, based on various surveys and market data.