Friday, August 30, 2024

Wrap Up for August 2024

Class gaps are growing while race gaps are shrinking.

What lessons could be learned from British town planning?

Noah Smith explains what wrecked Venezuela. 

Material composites will soon be affordable and accessible.

This 3D printer uses soil to create housing.

Hospitals went on a "massive doctor acquisition spree". How has that turned out?

The demographic good fortune of living longer, still presents its own problems.

Maternity homes are making a comeback, but with a significant difference from those which existed earlier in the 20th century.

"Why Do Interest Rates Matter?"

Adam Tooze on U.S. politics immediately following World War 1.

Not as many of our neighbors own guns as we have likely imagined.

Mining copper requires vastly less time than it once did. Indeed, "this version of Moore's Law is rarely ever discussed".

Global births from 1950 to 2023.

In Texas, incentives are lacking when it comes to supervising new mental health workers. Perhaps this is also a factor in the lack of mental healthcare accessibility in Texas. Nevertheless healthcare access in Texas is limited in other ways as well.

Should rents be excluded from indexes that influence monetary policy?

"How California Turned Against Growth"

Immigration and the need for regional policy.

Decades of effort have gone into congestion pricing for New York City.

Some visuals for tax revenue versus GDP by country.

Why is it so expensive in the U.S. to build roads?

This housing story isn't so difficult to understand.

Jobs remain the most important factor for moving decisions.

Economic warfare has become too much of an instant reflex.

The year 2025 could mean dramatic changes in U.S. tax policy.

How important is land-use regulation for construction productivity?

A visual for real wage growth since 1979.

Some recent reporting on Medicare financing.

Kyla Scanlon with David Beckworth on the "Vibecession" and more.

Creativity isn't scarce, but societies often don't allow it unless it comes from the "right" places.

Some visuals for recent growth projections.

Perhaps a slowing business cycle is partly due to reduced immigration.

When it comes to personal success in life, health really matters.

"A 30-nation investigation of lay heritability beliefs"

Aquaculture has come of age.

Which states in the U.S. are experiencing the highest poverty?

Time spent at home has risen for all ages and activities.

When it comes to home ownership, Singapore devised a system that works.

Excellent notes from Adam Tooze on the new dollar dominance and macroeconomic thought of the 1920s.  

A review of earlier Jackson Hole speeches from Fed Chair Jay Powell.

How many farmers actually owned their land in 1900? Sharecropping was part of the means by which one of my grandfathers (in Texas) worked to support his family.

The teaching profession has fallen on hard times.

Statistics for homelessness around the world.

Which states have the highest life expectancy?

An explanation re how central banks manage inflation

There are at least 7 reasons why the U.S. economy shouldn't fall into recession.

Some simple ways to be optimistic about increasing productivity.

On the other hand, political truths aren't simple at all.

In economic thought, apparently too many are mostly playing "follow the leader".

No other patio table compares to this one!

Which states suffer from the highest rates of violent crime?

Unfortunately, higher tariffs may end up shifting consumption away from goods and towards services. 

On the burdens of mental health.

One reason I've hoped time arbitrage could eventually help restore lifelong friendships: people without college degrees are now less likely to have close friends.

A thread on the US/China trade war in semiconductor industries

Carola Binder discusses her recent book with David Beckworth, and more.

Monetary dominance is still in control.

Texas now faces its own home shortage.

What could have caused Boomers to fall behind in terms of dynamism and wealth creation?  The result was a decline in health and human capital.

Our most important economic problems must be addressed through an output perspective, not a monetary perspective.

Taking government debt seriously, plus five suggestions for how to do so.

Urban population rates in many states are higher than I realized.