It's been a rough year for cocoa production. Long term issues are also at stake. What could be done?
More people are sounding the alarm about public debt levels.
To what extent have immigrants contributed to economic growth since the pandemic?
Bloomberg Economics runs a million simulations for future debt possibilities.
Timothy Taylor is skeptical about the practicality of R*.
Small countries are sometimes better positioned to address fiscal challenges.
Highlights from a recent report regarding why people hate inflation so much.
Don't neglect the physical costs of building homes, as they are also important for affordability.
Several global economic trends are increasing the pressure on central banks to further inflate.
Insufficient housing is "why the economy isn't working".
People don't think things are so great with the economy. What if they have a point? Scott Sumner responds.
Innovation and patent data are not well correlated.
Average income varies widely, depending on the state.
When did the dollar actually displace the sterling?
Might immigrants remain able to help "address the caregiving shortfall"? Understandably, however, many legal immigrants come here for more financially rewarding work. Labour markets that involve considerable monetary compensation, continue to formally displace labour activities with greater emphasis on time and lifestyle centered endeavour. Yet the latter - which tend to involve carefully calibrated time commitments - are equally vital for the knowledge and even technical maintenance of societies as a whole. Chances are, without solutions such as locally coordinated time arbitrage, it might remain difficult for many in the U.S. to procure or engage in a wide range of time based services in the foreseeable future. I also believe time arbitrage to be the most logical long term solution for the high debt levels of our time.
Diane Coyle recommends The Unaccountability Machine.
Robin Brooks is concerned about U.S. debt. Plus, "Big Fiscal" is becoming a risky bet.
The story of development economics (thus far) feels incomplete without Albert Hirschman. Also, public housing as part of development economics.
Brad Delong recommends books on the classical economists, with ample highlights.
Robin Brooks notes an example of fiscal dominance.
New jobs are going to immigrants, but what exactly does that mean?
How far have 3D printed homes come towards cost effectiveness?
Brink Lindsey talks with Richard Reeves about his recent book on the troubles of boys and men.
History contains some grand narratives. Which ones appear most important for human survival?
Which states have the lowest rent? The highest?
IQ: What if both sides are wrong?
Time management is a deeper and more important subject than people often recognize. Passion for one's work is also another consideration in personal time management.
This is no time to be isolationist about what is happening in the world.
Diane Coyle highlights The Currency of Politics.
Jamaica was actually able to halve its debt in a decade's time.
A new edition of healthcare from Axios.
Macroeconomic theory isn't well suited to dealing with the problems we currently face.
Nearly half of global employment is now in services.
The primary cause of hospital infections isn't what many people thought.
Scott Sumner notes some recent trends in monetary policy.
People often overweight past events if those events greatly impacted their lives while young.
Even without TikTok, social media is still a collective trap.
Debt interest payments are now $1 trillion, and growing.
Housing stock has been held back to an extent that economic progress is being lost.
Will ONX homes succeed where Katerra failed?
Josh Hendrickson explains how today's global dollar dominance functions as a "Treasury standard".
In the early part of the 20th century, most babies were born at home. This circumstance had dramatically shifted by 1955, when home births were at less than 1 percent. Now that emergency departments in hospitals are no longer willing to accept pregnant women in many states, it will take time - socially, medically and in terms of local education, to adjust to the new normal. Hopefully, one day, time arbitrage can also help fill the void.
Few are paying attention to the federal budget in this upcoming presidential election. And, another warning from the IMF.
The world is still headed in the wrong direction, when it comes to avoiding world war 3.
The U.S. remains a tough market for EV adoption.
What accounts for the productivity growth gap between the U.S. and Europe?
There's been a surge in high tech business entry since the pandemic.
"An Earth Day Call to Conserve Native Plants in American Cities."
China "overcapacity"? No, and Matthew Klein is quite convincing here: "We need more of everything." Also, a YouTube interview with him.
Singapore's economic success resulted from an unusual beginning.
It's difficult for book publishing to remain viable if "No one buys books."
Dollar dominance as a key IMF theme.
If only real growth were following the steady nominal growth trend.
Some debt-to-GDP ratio changes since the year 2000. And, "global debt ratios are close to levels not seen since the 1820s"
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