ECONOMY
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Momentum in “Core” GDP | Econbrowser
According to GDPNow of 4/8. However, GDP and final sales are both on a lower trajectory. Figure 1: GDP (bold…
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This is Vindication???
Joe Nocera has a strange piece in the Free Press arguing that the “godfathers of protectionism” have been vindicated. It…
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Has Clothing Declined in Quality?
The Office of the U.S. Trade Representative (USTR) recently tweeted that they wanted to bring back apparel manufacturing to the…
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Lifetime Expected Consumption
What does it mean to be wealthy and how should we factor in say, life expectancy? Lyman Stone offers an…
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The Public Choice Outreach Conference
There are just a few spots left for the Public Choice Outreach Conference! Do encourage your students to apply! …
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Safe No More? Two Pictures
Prepping slides for macro, found these interesting correlations. First, how the strength of the dollar correlates with the Treasury 10…
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Rising Expected Unit Cost Inflation Quantified
From Atlanta Fed: Figure 1: Business unit costs (blue), and consumer prices (tan), year-on-year expected change, %. Source: Atlanta Fed,…
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Wisconsin Policy Forum: “Turbulence for Wisconsin’s Export Economy”
An excellent overview is provided in this report, out today — although I’d say the title likely understates the situation…
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Why Aren’t You Calling? (Trump to Beijing)
From Bloomberg, “Trump Presses China to Make Tariff Offer to Calm Trade War”: “The ball is in China’s court. China…
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The Decline of Manufacturing
Look at the incredible decline of manufacturing across a wide variety of industries in the figure below. Nearly 7.5 million…
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