Thursday, February 29, 2024

Wrap Up for February 2024

Lack of home ownership access is worse than we thought.

Even though many don't feel safe, violent crime is starting to drop.

Gauti Eggertsson talks monetary policy and the post-pandemic inflation surge with David Beckworth. Scott Sumner responds.

The U.S. needs for its allies to be stronger, not weaker.

Will EV battery swapping become an option for the U.S.?

Hannah Ritchie on future global energy demand.

Today's population growth is due to people living longer. 

A looming global trade war will be fought with (more) tariffs.

Some reasons why innovation in building materials has been difficult.

There has been an "accidental flirtation" with NGDP targeting.

"The Causal Effects of Global Supply Chain Disruptions on Macroeconomic Outcomes: Evidence and Theory"

Thankfully, this innovation in blood testing is real.

Climate change as a factor in societal collapse.

I believe this kind of recycling has tremendous potential for our housing access problem.

Perhaps industrialization shouldn't be discounted just yet. Noah Smith also references a relevant and important paper, "Local Multipliers" by Enrico Moretti.

What makes a state monopoly of money printing so durable?

Some are more likely to be swayed by misinformation than others.

At the very least, lessons could be targeted specifically to what students already know.

Everyone has been too complacent about Social Security.

What if high-interest policy is a form of fiscal stimulus?

A look at how government budgetary obligations are presently changing. And, our current level of debt was nonetheless a predictable crisis.

Mark Koyama talks with David Beckworth about historical origins for economic growth.

When the real America wrongly believes it is full, will new "Americas" rise to take its place?

For Putin, Poland is even more important than Ukraine.

The Senate has changed.

Even though Germany is vulnerable, it is hardly alone.

"How Biden botched the border"

This is an opportune moment to bring forward tax depreciation schedules (again) for multifamily housing.

Some chart visuals for climate change.

When our government no longer has enough money for Medicare revenue requirements, yet hospitals no longer have enough money to stay open without governmental help, it's time to look for solutions beyond those that are strictly monetary.

How do wages affect inflation?

Why is the work week shrinking?

Not all aspects of vital services are captured by GDP. Also, "Care Provision and the Boundaries of Production"

What might happen if a U.S. government default causes the loss of safe asset status?

Some fiscal policy projections for the next three decades.

More cities are starting to consider broader zoning for housing options.

People learn more from those who they readily relate to.

Ties between the U.S. and Europe remain closer than some realize.

Middle class expectations have been dealt a financial blow in recent years.

Which world leaders have the highest approval ratings?

Brian Potter explains how he prepares his posts for publication.

Without immigration, the U.S. population would soon decline.

What trade jobs are most in demand?

Noah Smith was disappointed in the main premise of Power and Progress.

Navalny's death is Russia's dark turning point.

China's trade advantages continue to be a problem for the West.

Diners would like restaurants to stay the same, but that's no longer possible.

What is the difference between being nice and being kind?

Don't say we weren't warned.

The NIMBYism of high skill areas also provides rationale for promoting economic development in lower skill areas.

Carola Binder's new book, Shock Values: Prices and Inflation in American Democracy , will be released on May 21, 2024.

What is the American left really about?

At the very least, consumers have their own ways of dealing with inflation.

Russ Roberts and Charles Duhigg on the art of conversation.

A closer look at how Democrats lost voters with relatively less education.

Alexei Navalny as both a warning and a beacon.

Perhaps Medicare and Medicaid plan to use these new access fees for their funding shortfalls! Here are their policy changes. Nevertheless, some continue to dream of knowledge access possibilities in anti-rival forms. For me the dream is still time arbitrage for local healthcare education and access, not to mention (widely shared) knowledge preservation.

Robin Brooks is now working with Brookings.

"Britain's interwar apartment boom"

Fascism has also had its share of military failures.

How might AI help rebuild the middle classes?

Services were a big contributor to the hot January CPI number. Plus, why the variance between rent and home ownership is so important,

Some relative changes in prosperity around the country.

Suggestions for overcoming K-12 student learning losses.

In 2022, 1 in 7 cars sold around the world were electric.

Bank balance sheets are no longer a prominent part of credit intermediation.

A senior home close to Vienna has a microbrewery where its residents can work.

Inflation projections by country for the coming year.