ECONOMY

What — If Anything — Do Re-inverting Term Spreads Mean?

Open question – we’re not quite there yet. Figure 1: 10yr-3mo Treasury term spread (blue), and 10yr-2yr spread (red), both…

Read More »

AP: “Trump begins firings of FAA air traffic control staff just weeks after fatal DC plane crash”

Article here. When I read this, I’m reminded: In 2015, during the Obama administration, a new safety rule was adopted…

Read More »

Steel Tariffs in Two Pictures

Recall Principle 2 of Three Simple Principles of Trade Policy, Businesses are Consumers Too. Case in point, steel. Justin Wolfers…

Read More »

Greenland Next

Hat tip: Max The post Greenland Next appeared first on Marginal REVOLUTION. Source link

Read More »

The Licensing Racket

I review a very good new book on occupational licensing, The Licensing Racket by Rebecca Haw Allensworth in the WSJ.…

Read More »

“Trump does not rule out sending US troops to Gaza”

MilitaryNews just now: Trump is not ruling out sending U.S. troops to secure Gaza, saying in response to a reporter’s…

Read More »

I Guess I Picked the Wrong Week…

to you know what (apologies to Abrahams and the Zuckers). In one day, US taxes roughly $2.4 trn worth of…

Read More »

FDA Deregulation of E-Cigarettes Saved Lives and Spurred Innovation

What would happen to drug development if the FDA lost its authority to prohibit new drugs? Would research and development…

Read More »

AI Improves Student Learning and Engagement

In our paper on online education, Tyler and I wrote: One model of a future course is a super-textbook: lectures,…

Read More »

Macroeconomic Policy Lecture 1 – Graphs for 2025

Started teaching on Wednesday. Here’re some graphs in the intro lecture on macro policy (now that content is gated, and…

Read More »