Econ Blog

your daily dose of economic commentary

Tuesday's Assorted Links

1741. Tuesday's Assorted Links

The post highlights various stories that illustrate economic principles, including pricing strategies, antitrust issues, and market impacts on consumer behavior.

Millions of borrowers in Biden's SAVE plan would start paying under new settlement

1742. Millions of borrowers in Biden's SAVE plan would start paying under new settlement

Cory Turner discusses how a proposed settlement could require millions of borrowers in the SAVE plan to start making loan payments after a period of legal challenges.

America Has Become a Digital Narco-State

1743. America Has Become a Digital Narco-State

Paul Krugman discusses the parallels between the unregulated social media industry and a hypothetical unregulated heroin market, highlighting corruption and political influence in America.

BLS: Job Openings Unchanged at 7.7 million in October

1744. BLS: Job Openings Unchanged at 7.7 million in October

Bill McBride discusses the unchanged job openings at 7.7 million in October, along with related labor market statistics from the BLS report.

A Switch Point Without Intersecting Wage Curves

1745. A Switch Point Without Intersecting Wage Curves

Robert Vienneau discusses a model combining fixed capital and extensive rent, highlighting issues in wage determination and the concept of switch points in economic analysis.

Trump to address affordability. And, the significance of Indiana's redistricting fight

1746. Trump to address affordability. And, the significance of Indiana's redistricting fight

Brittney Melton discusses Trump's focus on affordability in Pennsylvania and the implications of Indiana's redistricting on Democratic representation.

Are we in a recession? Maybe professional Santas can tell us

1747. Are we in a recession? Maybe professional Santas can tell us

An argument that declining demand for professional Santas and seasonal workers may indicate an economic recession.

The AI bust scenario that no one is talking about

1748. The AI bust scenario that no one is talking about

An argument that the potential AI bubble may lead to a bust, exploring various scenarios and emphasizing the technology's rapid adoption compared to past technological failures.

An Insight into the Vibecession and Aggregate Statistics Divergence

1749. An Insight into the Vibecession and Aggregate Statistics Divergence

Menzie Chinn analyzes per capita consumption trends and consumer sentiment, highlighting discrepancies in economic indicators related to the current economic climate.

Leading Index for Commercial Real Estate Decreased 1% in November

1750. Leading Index for Commercial Real Estate Decreased 1% in November

A decrease in the Dodge Momentum Index indicates a slowdown in commercial real estate planning, highlighting ongoing inflationary pressures and varying demand across sectors.

The Economics Behind Pantone’s Color of the Year

1751. The Economics Behind Pantone’s Color of the Year

Jadrian Wooten discusses how Pantone's color system exemplifies economic principles like network effects and standardization, influencing market power and communication in design industries.

Emptying my browser with links

1752. Emptying my browser with links

The post shares a collection of diverse links covering topics such as economics, AI, political science, and cultural observations, reflecting on various studies and articles.

Not so fast, Netflix. Paramount launches hostile bid for Warner Bros. Discovery

1753. Not so fast, Netflix. Paramount launches hostile bid for Warner Bros. Discovery

A hostile bid by Paramount for Warner Bros. Discovery disrupts recent celebrations between Netflix and Warner Bros. executives over a new deal.

Is This The End of the Free World?

1754. Is This The End of the Free World?

Paul Krugman discusses the Trump administration's hostility towards Europe and its democratic values, highlighting a shift towards authoritarianism and the influence of far-right politics.

China's trade surplus hits $1 trillion for first time ever

1755. China's trade surplus hits $1 trillion for first time ever

A significant trade surplus for China is highlighted, despite declining exports to the U.S. due to tariffs, indicating resilience in global markets.

Housing December 8th Weekly Update: Inventory Down 2.7% Week-over-week

1756. Housing December 8th Weekly Update: Inventory Down 2.7% Week-over-week

The post discusses a decline in active single-family housing inventory, highlighting seasonal trends and comparisons to previous years' data.

Stablecoins As a Rorschach Test

1757. Stablecoins As a Rorschach Test

Menzie Chinn discusses the implications of stablecoins and the regulatory framework established by the GENIUS Act, highlighting their benefits and risks.

Supreme Court appears poised to vastly expand presidential powers

1758. Supreme Court appears poised to vastly expand presidential powers

A case before the Supreme Court challenges a long-standing precedent that restricts presidential authority over independent agencies, stemming from Trump's dismissal of a Federal Trade Commissioner.

SecTrsy Bessent: “The American people don’t know how good they have it.”

1759. SecTrsy Bessent: “The American people don’t know how good they have it.”

Menzie Chinn discusses Americans' economic perceptions, inflation, real incomes, and the disconnect between sentiment and economic activity.

SBSQ #27: Is redistricting backfiring on Republicans?

1760. SBSQ #27: Is redistricting backfiring on Republicans?

An argument that aggressive Republican redistricting may backfire, potentially endangering seats, while Democrats gain advantages in population and state control dynamics.