Comparing GDP data for U.S. states and G7 countries. Some of these stats are hard to believe:
The affordable housing shortage also affects rural areas in the U.S.
Robin Brooks highlights how the dollar and global markets have responded to the election.
Hmm, J.D. Vance might understand dollar dominance better than Trump does.
Admittedly, inflation has received a lot more attention than recent productivity gains. (Even if some believe the latter aren't as substantial as they appear)
Scott Sumner highlights the problem of debanking.
It's not easy to be respectful of "underdevelopment" by way of words.
Some international considerations regarding the return of Trump to power.
What happened to the economic convergence of nations?
The destabilizing circumstance of manufacturing dominance.
Healthcare costs are making it difficult for employers to hire for middle income positions.
Even Cowen and Tabarrok don't fully recognize why money is important.
A new Google AI weather model is quite promising.
Vertical farming is a great option. So why isn't it a solution for hunger?
Homelessness isn't just about money or the lack thereof, it also involves relationship issues.
What stands in the way of the clean energy transition.
If Trump should have more say over interest rates, what then?
Addressing water infrastructure challenges.
If health insurance companies aren't really making that much money, then what's going on?
Scott Sumner explains the framing of The Midas Paradox.
Visuals help determine how national GDP continues to change.
Scott Sumner reflects on Paul Krugman. Paul Krugman has had considerable influence as an economist.
What really accounts for productivity differences between the U.S. and Europe?
Plenty of people blame Boomers for "wanting" to stay in homes bigger than they actually need, but moving is no longer as easy as it once was.
A visual for ownership of U.S. debt.
How has demand for job skills changed since the turn of the century?
Will Marty Makary insist on big changes for the FDA?
Does money actually function well as a store of value?
Some of American triumphalism is a bit overstated.
Where are the methods for calculating anecdotal value?
When it comes to NGDP targeting, it's still possible to leverage the wisdom of crowds.
Joey Politano on recent productivity gains. He also spoke with David Beckworth recently about trends in productivity growth.
There were good reasons why Beethoven also became quite the businessman.
Can the Industrial Revolution be attributed more to push or pull factors?
The U.S. has by far the highest share of global debt.
The Fed did not adopt the policy regime that was advertised to the public. And supply side problems were no excuse.
When rising wages affect work decisions.
Which states were the happiest this year?
Dry farming methods are becoming more valuable than ever.
When it comes to inflation, framing is important.
What happens (eventually) when a country pegs its currency too high in relation to U.S. dollars? Alas, this is a standard macroeconomic mistake.
JP Koning's thinking on Bitcoin has evolved over the years.
Governments have practically given up on problem solving and experimenting to find solutions.
There are no easy fixes in U.S. healthcare.
Homes tend to be newer in the west and south.
What is especially significant about inflation? Also, Scott Sumner explains his framing for inflation dynamics.
Some 2025 predictions from Axios readers.
Heart disease is unexpectedly becoming a problem for young people.
When cities lose sufficient public order, everyone pays the price.
It turns out satisfaction with a brand is not the same thing as reliability.
Jason Furman highlights our fiscal challenges.
What makes people in the U.S. richer than the Japanese?
How many citizens hold passports in the U.S.?
The mass marketing of Christmas gifts actually created positive boundaries.
Some jobs are made truly difficult because Congress decides the work isn't actually necessary.
Short distance migration is dominant, but longer distances are becoming more common.
China's leadership may not be prepared for an inevitable economic downshift.
A visual for global auto production.
Some say longevity depends on part on continual learning as one goes through life. Leisurely research seems to fit that category well.
Immigration is simply not as dangerous for the U.S. as it is often made out to be.
Unfortunately the Fed may not move towards NGDP targeting any time soon.
Jason Furman recommends five recent economics books. I didn't realize the degree to which the U.S. is more hostile to trade than many other countries.
A thread about bringing back small towns..
Until recently the Fed has sought to convey a clear path. What changed?
