Econ Blog

your daily dose of economic commentary

1361. Joan Robinson On The Lack Of A Marginalist Theory Of The Rate Of Profits

An argument that mainstream economic theory fails to adequately explain the rate of profits and distribution, highlighting the limitations of both marginal productivity and orthodox theories.

My Conversation with Diarmaid MacCulloch

1362. My Conversation with Diarmaid MacCulloch

The discussion covers the relationship between monotheism and monogamy, the role of women in Christianity and Islam, and historical impacts on religious structures and practices.

Trump's EEOC strikes harassment guidance amid debate over transgender protections

1363. Trump's EEOC strikes harassment guidance amid debate over transgender protections

The post discusses the EEOC's decision to revoke its 2024 harassment guidance, which outlined unlawful harassment for employers.

Guest Contribution: “The New Political Economy of U.S. Trade”

1364. Guest Contribution: “The New Political Economy of U.S. Trade”

An argument that the Trump Administration's trade policies represent a significant shift in U.S. trade strategy, impacting both economic and political dynamics historically and currently.

Snapshots of the US Income Distribution

1365. Snapshots of the US Income Distribution

Timothy Taylor discusses recent data on US income distribution, highlighting trends in inequality and the effects of taxes and transfers on income levels.

The Bond Market Is (So Far) Unconvinced

1366. The Bond Market Is (So Far) Unconvinced

An argument that the bond market remains skeptical despite recent economic indicators and geopolitical developments affecting uncertainty levels.

Supreme Court doubtful of Trump claim he can fire Fed governors by fiat

1367. Supreme Court doubtful of Trump claim he can fire Fed governors by fiat

Nina Totenberg discusses the Supreme Court's hesitation regarding the administration's desire to fire Fed governor Lisa Cook, highlighting concerns about central bank independence.

MAGA Delusions of Economic Leverage

1368. MAGA Delusions of Economic Leverage

An argument that Trump's tariff threats against Europe lack economic leverage and primarily harm American consumers, revealing the irrationality behind his demands for Greenland.

Trump administration claims offshore wind poses a threat. But it won't say how.

1369. Trump administration claims offshore wind poses a threat. But it won't say how.

An argument that the Trump administration claims offshore wind poses risks but fails to specify those threats, leading to concerns from wind companies about transparency.

1 year into Trump's new term, an agency that protects your finances is 'hanging by a thread'

1370. 1 year into Trump's new term, an agency that protects your finances is 'hanging by a thread'

The post discusses the Trump administration's efforts to undermine the Consumer Financial Protection Bureau through funding cuts and layoffs.

It's showdown time for the Fed's independence at the Supreme Court

1371. It's showdown time for the Fed's independence at the Supreme Court

Nina Totenberg discusses President Trump's attempts to challenge the Federal Reserve's independence by firing a board member, highlighting legal and political implications.

“…[last month]’s [production] print still came in negative M/M – manufacturing is in recession:

1372. “…[last month]’s [production] print still came in negative M/M – manufacturing is in recession:

Menzie Chinn analyzes recent manufacturing data, indicating a recession in the sector based on employment and production metrics.

1373. Were the resistance libs right about Trump?

The discussion reflects on the accuracy of predictions regarding Trump's presidency, evaluating the insights of critics and supporters while considering the broader political implications.

US-China Competition for AI Markets

1374. US-China Competition for AI Markets

An argument that explores the competitive dynamics between US and Chinese AI markets, focusing on usage patterns of large language models and factors influencing their adoption.

Tuesday's Assorted Links

1375. Tuesday's Assorted Links

Jadrian Wooten shares five stories highlighting economic principles and education, including AI in film, smartphone sales, wealth, air pollution regulations, and teaching capitalism.

Claude Code Series (part 8): Resurrecting and Extending an Old Abortion Paper Towards Using Continuous Diff-in-Diff

1376. Claude Code Series (part 8): Resurrecting and Extending an Old Abortion Paper Towards Using Continuous Diff-in-Diff

The post discusses reviving an old abortion research project using new econometric methods and AI tools to analyze the impact of clinic closures on access.

Claude Code Series (part 8): Resurrecting and Extending an Old Abortion Paper Towards Using Continuous Diff-in-Diff

1377. Claude Code Series (part 8): Resurrecting and Extending an Old Abortion Paper Towards Using Continuous Diff-in-Diff

An exploration of using advanced econometric methods to analyze the impact of abortion clinic closures on access, utilizing new data and methodologies for empirical research.

It’s Sundowning in America

1378. It’s Sundowning in America

An argument that the current president exhibits signs of mental decline, exacerbated by enabling supporters who prioritize personal gain over national well-being.

Everyone Take Copies

1379. Everyone Take Copies

The post discusses an experiment on how people perceive the taking of rivalrous versus non-rivalrous resources, revealing differing attitudes toward digital piracy and ownership.

Episode 64. George Tavlas on the History of Monetarism

1380. Episode 64. George Tavlas on the History of Monetarism

A discussion on the history of monetarism, central banking evolution, and personal insights from an economist's career, including experiences during the Greek Debt Crisis.