ECONOMY
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Moving on Up
James Heckman and Sadegh Eshaghnia have launched a broadside in the WSJ against the Chetty-Hendren paper The Impacts of Neighborhoods…
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Monday assorted links
1. Are Turkish living standards converging upon Greek? 2. “A current Sotheby’s executive observed to me that the watch industry…
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Resources for Teaching Tariffs
Trump has put tariffs on the economics agenda in a way that hasn’t been true for decades. As a new…
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Singapore’s Pay Model Isn’t India’s: Market Wages vs. Civil-Service Rents
In my post How High Government Pay Wastes Talent and Drains Productivity I pointed to evidence that high government compensation…
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Constitutional and Economic Crises: Trump’s Assaults the Fed’s Independence
This is the best guarantee that cost pressures from tariffs and mass removals will manifest in wage-price…
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Final Sales to Domestic Purchasers – Nowcasts and Tracking
Goldman Sachs says +0.3% q/q AR in Q3: Figure 1: Final sales to domestic purchasers (bold black),…
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The Danger from Japan
Answer: America won. Every generation launches a new competitor to America and the people who don’t like capitalism and America’s…
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“A bunch of economists”
Here is the link. The post “A bunch of economists” appeared first on Marginal REVOLUTION. Source link
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“America in Recession since 2022? A Critique of Antoni-St. Onge”
A paper (Nov. 2024) (first version Oct. 2024): Downloadable data used in the paper here [xlsx]. This…
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Stock Market Capitalization ex-Magnificent 7
Courtesy of Ed Yardeni: Source: Yardeni as edited by Chinn. In terms of assessing how the general…
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