Econ Blog

your daily dose of economic commentary

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

1481. 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.

ADP Private NFP Employment below Consensus, Large Firm Flat, Mfg Down

1482. ADP Private NFP Employment below Consensus, Large Firm Flat, Mfg Down

The post analyzes recent trends in nonfarm payroll employment, highlighting discrepancies between large and small firms and a decline in manufacturing jobs.

Welcome to Chaos World

1483. Welcome to Chaos World

Noah Smith discusses the chaotic geopolitical implications of Trump's capture of Maduro and the decline of American power in global affairs.

What are we to make of "AI replacement"?

1484. What are we to make of "AI replacement"?

Joshua Gans discusses the implications of AI on job displacement, using historical examples to illustrate how technology can replace roles traditionally held by humans.

What is Actually the Problem with the Current US Labor Market?

1485. What is Actually the Problem with the Current US Labor Market?

Timothy Taylor examines the paradox of a seemingly healthy US labor market contrasted with public pessimism, highlighting key data trends and concerns about employment dynamics.

U.S. population growth is slowing. The immigration crackdown is a major factor

1486. U.S. population growth is slowing. The immigration crackdown is a major factor

Scott Horsley discusses how the Trump administration's immigration policies and declining birth rates are contributing to a significant slowdown in U.S. population growth.

1st Look at Local Housing Markets in December

1487. 1st Look at Local Housing Markets in December

Bill McBride discusses the state of local housing markets in December, highlighting low existing home sales and year-over-year changes in sales data.

It's not just oil: How else Wall Street might benefit from Trump's Venezuela actions

1488. It's not just oil: How else Wall Street might benefit from Trump's Venezuela actions

An argument that U.S. investors, beyond oil companies, may gain from military actions in Venezuela under Trump's administration.

The Emperor’s New Oil Wealth

1489. The Emperor’s New Oil Wealth

Paul Krugman discusses the misconceptions around Venezuela's oil wealth and critiques Trump’s motivations regarding oil in his foreign policy.

BLS: Job Openings Declined to 7.1 million in November

1490. BLS: Job Openings Declined to 7.1 million in November

Bill McBride discusses the decline in job openings to 7.1 million in November, highlighting labor market trends and statistics from the BLS report.

MBA: Mortgage Applications Decreased Over a Two-Week Period

1491. MBA: Mortgage Applications Decreased Over a Two-Week Period

Bill McBride discusses a significant decrease in mortgage applications over two weeks, highlighting trends in refinancing and purchase activity based on MBA data.

The world has too much oil right now. Will companies want Venezuela's?

1492. The world has too much oil right now. Will companies want Venezuela's?

Camila Domonoske discusses the current low crude prices and the cautious approach of companies towards Venezuela's abundant heavy oil reserves.

Trump Mobile's golden phone remains nowhere to be found

1493. Trump Mobile's golden phone remains nowhere to be found

A promised golden phone from Trump's family business remains unreleased amid a surge of new technology at CES in Las Vegas.

Trump says US to get 30 million to 50 million barrels of oil from Venezuela at market price

1494. Trump says US to get 30 million to 50 million barrels of oil from Venezuela at market price

The post discusses Trump's announcement of acquiring Venezuelan oil to benefit both the U.S. and Venezuela, emphasizing the market price for the transaction.

Tuesday's Assorted Links

1495. Tuesday's Assorted Links

The post highlights various stories illustrating economic principles, including price discrimination and the impact of political decisions on economic advice.

Light Vehicle Sales Increased to 16.0 Million SAAR in December

1496. Light Vehicle Sales Increased to 16.0 Million SAAR in December

Light vehicle sales rose to 16.0 million SAAR in December, reflecting a monthly increase but a year-over-year decline, influenced by consumer behavior and market conditions.

Accounting vs. Economic Profit

1497. Accounting vs. Economic Profit

An argument that distinguishes between accounting profit and economic profit, illustrating their implications through a real-life example of resource allocation decisions.

Attempting to predict the economy in 2026

1498. Attempting to predict the economy in 2026

An argument that economists struggle with predictions, yet there remains interest in their forecasts for the economy in the coming years.

SBSQ #28: Was Tim Walz gonna lose?

1499. SBSQ #28: Was Tim Walz gonna lose?

Nate Silver discusses Tim Walz's political situation and the implications of foreign policy, particularly regarding Venezuela, on domestic politics and voter attitudes.

Update: The Housing Bubble and Mortgage Debt as a Percent of GDP

1500. Update: The Housing Bubble and Mortgage Debt as a Percent of GDP

Bill McBride discusses the increase in mortgage debt as a percent of GDP and its implications for the economy, emphasizing the risk of a recession.