your daily dose of economic commentary
The post discusses increased entry fees for international visitors to U.S. national parks, explaining the economic concept of price discrimination based on visitors' willingness to pay.
Paul Krugman discusses Trump's misguided approach to Venezuela, comparing it to past U.S. interventions and highlighting the delusions driving his foreign policy decisions.
An argument that explores the application of efficiency and rentability analysis to a model involving multiple agricultural commodities and their production processes.
The post discusses a 2.2% week-over-week decline in active single-family housing inventory, highlighting seasonal trends and comparisons to previous years.
Scott Horsley discusses the introduction of redesigned coins to commemorate the nation's 250th birthday, highlighting their significance and features.
An argument that Russian GDP statistics may be overstated, with implications for the economy's ability to sustain military efforts amid declining oil revenues.
The discussion evaluates U.S. interventions in Latin America, focusing on leader removals and their utilitarian outcomes, contrasting successes and failures across various historical cases.
An argument that stories should focus on universal human experiences rather than mere demographic representation to foster deeper connections and understanding.
An argument that China's unprecedented trade surplus stems from unsustainable economic strategies, affecting global demand and posing risks to both its economy and others.
Scott Cunningham reflects on his 2025 experiences, shares insights from various papers, and discusses personal interests and upcoming events as he transitions into 2026.
The post explores the implications of AI on research productivity, emphasizing the balance between speed and quality in academic work, particularly in economics.
An argument that institutional quality significantly influences economic prosperity among US Indian reservations, with federal policies often hindering development and investment.
Paul Krugman interviews Eoin Higgins about his book on tech billionaires' influence on media and politics, focusing on figures like Matt Taibbi and Glenn Greenwald.
Bill McBride discusses key economic reports and indicators scheduled for the week of January 4, 2026, including employment and housing data.
Noah Smith discusses the effectiveness of America's chip export controls in maintaining a technological edge over China and their implications for national security.
Timothy Taylor discusses a meta-analysis revealing that economic inequality does not significantly affect subjective well-being or mental health, challenging common perceptions.
Timothy Taylor discusses how selective universities can enhance socioeconomic diversity by admitting students based on SAT scores rather than other factors favoring wealthier applicants.
Paul Krugman discusses New York's recovery, low crime rates, and challenges of affordability under the new mayor, highlighting the city's resilience and immigrant contributions.
The post discusses the current state of inflation-adjusted house prices, noting they are slightly below their 2022 peak and analyzing historical trends.
The post discusses the historical evolution of Cuba's political and economic systems, highlighting the impact of communism and recent calls for change among the populace.