Econ Blog

your daily dose of economic commentary

1461. Yellen on Fiscal Dominance

The discussion centers on fiscal dominance, its implications for monetary policy, and the need for credible fiscal adjustments to avoid inflation and instability.

The Average Effective Tariff Rate thru October

1462. The Average Effective Tariff Rate thru October

An argument that the effective tariff rate has recently surpassed 12%, indicating potential cost increases and delayed price effects due to stockpiling and past policy decisions.

AI and the Moylan Arrow

1463. AI and the Moylan Arrow

The post discusses the invention of a simple car feature that indicates fuel tank location, its impact, and parallels with AI's role in design innovation.

Fed's Flow of Funds: Household Net Worth Increased $6.1 Trillion in Q3

1464. Fed's Flow of Funds: Household Net Worth Increased $6.1 Trillion in Q3

The post discusses the increase in household net worth, debt trends, and the value of real estate and equities in Q3 2025.

The Mad King’s Madness Deepens

1465. The Mad King’s Madness Deepens

The post discusses Trump's political struggles, his manipulative tactics to maintain power, and the implications of his actions on public perception and policy.

America must embrace the Electric Age, or fall behind

1466. America must embrace the Electric Age, or fall behind

An argument that America must enhance its manufacturing capabilities in electric technologies to remain competitive globally, particularly against China's advancements in the sector.

Housing Starts Decreased to 1.246 million Annual Rate in October

1467. Housing Starts Decreased to 1.246 million Annual Rate in October

Bill McBride discusses the decline in housing starts and building permits in October, highlighting changes in single-family and multi-family units.

Comments on December Employment Report

1468. Comments on December Employment Report

Bill McBride analyzes the December employment report, noting a slight miss in job numbers and a decrease in the unemployment rate to 4.4%.

Hiring slows in December to end the weakest year of job growth since the pandemic

1469. Hiring slows in December to end the weakest year of job growth since the pandemic

Job growth in December was weak, marking the slowest annual increase since 2020, as reported by the Labor Department.

December Employment Report: 50 thousand Jobs, 4.4% Unemployment Rate

1470. December Employment Report: 50 thousand Jobs, 4.4% Unemployment Rate

The post discusses December's employment figures, highlighting job growth, unemployment rates, and revisions to previous months' data, indicating a weak labor market overall.

It is time to back off from Greenland

1471. It is time to back off from Greenland

An argument that the U.S. should allow Greenland to choose independence voluntarily, emphasizing respect for their autonomy and the importance of a cooperative future partnership.

ADP Implied Private NFP, Philly Fed Early Benchmark, etc.

1472. ADP Implied Private NFP, Philly Fed Early Benchmark, etc.

The post discusses trends in private nonfarm payroll employment, highlighting discrepancies in forecasts and implications for small firm employment and overall job numbers.

AEA Distinguished Fellow 2025: That’s Me

1473. AEA Distinguished Fellow 2025: That’s Me

The author reflects on receiving the Distinguished Fellow award from the American Economic Association, highlighting its significance and unexpected nature in his career.

The Tyranny of the Complainers

1474. The Tyranny of the Complainers

Alex Tabarrok discusses the disproportionate impact of a small number of individuals on complaint statistics, highlighting inefficiencies in public response to these complaints.

The Looting of US Foreign Policy

1475. The Looting of US Foreign Policy

Paul Krugman discusses how Trump's foreign policy serves the interests of his personal clique rather than the national interests of the United States.

Wading into Controversy

1476. Wading into Controversy

Arnold Kling discusses Nicholas Wade's views on the intersection of human nature, cultural norms, and political structures, emphasizing the implications for society and social cohesion.

Trade Deficit Decreased to $29.4 Billion in October

1477. Trade Deficit Decreased to $29.4 Billion in October

Bill McBride discusses the decrease in the U.S. trade deficit for October, highlighting changes in exports and imports compared to previous months.

My excellent Conversation with Brendan Foody

1478. My excellent Conversation with Brendan Foody

A conversation explores the innovative role of poets in AI training, the economics of talent compensation, and the implications of AI on various industries and creativity.

The Molly Cantillon manifesto, A Personal Panopticon

1479. The Molly Cantillon manifesto, A Personal Panopticon

The piece explores the transformative impact of technology on personal productivity and governance, emphasizing the importance of legibility and data management in daily life.

So, who’s going to win the Super Bowl?

1480. So, who’s going to win the Super Bowl?

Nate Silver analyzes NFL playoff teams' performances and predictions, emphasizing the impact of injuries and team ratings on Super Bowl outcomes.