Econ Blog

your daily dose of economic commentary

Roundup #75: Checking in on the Bad Guys

1421. Roundup #75: Checking in on the Bad Guys

The post examines the economic factors contributing to unrest in Iran, including a severe water crisis, inflation, and the impact of U.S. sanctions on the regime's stability.

Claude Code Series part 6: Video Explainer of Claude Code in Action

1422. Claude Code Series part 6: Video Explainer of Claude Code in Action

The post provides a video walkthrough of using Claude Code for empirical projects, emphasizing the importance of personal experience and individual workflow styles.

1423. John Stuart Mill Further Demonstrates The Marx Follows From Ricardo

An argument that Mill's interpretation of Ricardo's labor value aligns with Marx's theory of surplus value, highlighting the relationship between profits and wages.

Negative political externalities from migration to Britain?

1424. Negative political externalities from migration to Britain?

An argument that immigration's impact on British politics may be overstated, emphasizing the need to recognize positive aspects while addressing potential negative political externalities.

How have prices changed in a year? NPR checked 114 items at Walmart

1425. How have prices changed in a year? NPR checked 114 items at Walmart

The post examines price changes of various items at Walmart, highlighting factors like tariffs, weather impacts, and shrinkflation.

China's trade surplus surges 20% to a record $1.2 trillion, even with Trump's tariffs

1426. China's trade surplus surges 20% to a record $1.2 trillion, even with Trump's tariffs

The Associated Press discusses China's record trade surplus of $1.2 trillion, highlighting its growth despite the tariffs imposed by Trump.

Groceries Rose 9% m/m (annualized) in December

1427. Groceries Rose 9% m/m (annualized) in December

Menzie Chinn discusses the rise in grocery prices and forecasts from the USDA Economic Research Service, highlighting the impact on consumers and specific food items like coffee.

Bond Yields and Dollar and Odds on Powell

1428. Bond Yields and Dollar and Odds on Powell

An argument that bond yields and the dollar's value fluctuate due to perceptions of Federal Reserve independence and the political landscape surrounding Chair Powell's tenure.

1429. Gianluca Benigno: “Tariffs as National Security Tools”

Menzie Chinn discusses how tariffs can serve as national security tools to maintain domestic production of essential goods and address market vulnerabilities.

FTC accuses AI search engine of 'rampant consumer deception'

1430. FTC accuses AI search engine of 'rampant consumer deception'

An argument that a company managing AI answer landing pages deceived users into incurring unexpected monthly charges, prompting federal scrutiny.

Tuesday's Assorted Links

1431. Tuesday's Assorted Links

Jadrian Wooten discusses various stories related to economic principles and teaching, including unemployment expectations, electric vehicle registrations, and a debate on remote versus in-office work compensation.

Trump is Venezuelifying the United States

1432. Trump is Venezuelifying the United States

An argument that political pressure on the Federal Reserve undermines its independence, risking economic stability and drawing parallels to authoritarian regimes' manipulation of monetary policy.

Closing out tabs across many devices

1433. Closing out tabs across many devices

Scott Cunningham discusses his preparations for teaching, reflections on research, and various topics including AI, economics, and pop culture.

Avoiding the Resource Trap in Post-Maduro Venezuela

1434. Avoiding the Resource Trap in Post-Maduro Venezuela

The post discusses Venezuela's need for institutional reforms and careful economic policies to avoid dependency on oil and prevent corruption after Maduro's presidency.

Gangster affordability

1435. Gangster affordability

Noah Smith compares Donald Trump's governance style to Napoleon's, suggesting both exhibit gangster-like traits in their approach to power and institutions.

“Talking Heads Are Missing Labor Market Strength”: Heritage Chief Economist

1436. “Talking Heads Are Missing Labor Market Strength”: Heritage Chief Economist

An argument that recent employment trends highlight discrepancies between native-born and foreign-born workers, questioning the validity of certain economic claims and methodologies.

California fire victims say fighting with insurance companies has delayed rebuilding

1437. California fire victims say fighting with insurance companies has delayed rebuilding

Homeowners affected by wildfires in California report that disputes with insurance companies are hindering their recovery and rebuilding efforts.

What to know about Trump's ugly feud with the Federal Reserve

1438. What to know about Trump's ugly feud with the Federal Reserve

Scott Horsley discusses the Trump administration's attempts to influence the Federal Reserve amid an ongoing Justice Department investigation.

Wide Dispersion in Nowcasts and Tracking

1439. Wide Dispersion in Nowcasts and Tracking

The discussion highlights significant discrepancies in GDP nowcasts from various institutions and the divergence between employment and output indicators.

Some Snapshots of the US Demographic Future

1440. Some Snapshots of the US Demographic Future

Timothy Taylor discusses the long-term demographic trends in the US, focusing on population aging, fertility rates, and immigration's impact on the economy.