How does non-household debt in the U.S. compare to other countries?
Trump was able to channel the anger of the middle class.
The U.S. is no longer able to issue debt more cheaply than other G10 countries.
Improved living standards from AI is still anyone's guess.
Making friends is by no means a natural outcome for one's efforts!
The Trump administration is gambling the future of the economy on AI.
How did healthcare in the U.S. ever get into such a hopeless situation?
Aviation contrails are actually easy and inexpensive to avoid.
Ice batteries as a way to save energy costs in air conditioning.
Gold holdings are now higher than U.S. Treasury holdings in foreign central banks.
As prices change, people adjust their behavior. But economic theory does not tell us how they will adjust. This matters for who ultimately gets hired.
There's the chance that things could get worse after Trump.
What if the rise in early-onset cancer is mostly about over diagnosis.
Auto pedestrian deaths in the U.S. continue to rise, which is not the case in other advanced nations. There's no clear cause and even the big SUV hypothesis isn't quite satisfying. Also: a follow up.
The U.S. is now like any other rich, powerful yet aging country.
Global access to electricity has stagnated since the pandemic.
A visual, for jobs most at risk currently from AI.
Immigration is not the zero sum game that politicians tend to imagine. An H-1B visa program is also needed that can better address critical needs.
Lifestyle is certainly a factor in the billionaire baby boom.
Citizen perceptions of the most dangerous U.S. cities. Nevertheless, perceptions aren't quite the same as statistics.
Which federal departments experienced the most layoffs?
Joel Mokyr, Philippe Aghion and Peter Howitt are this year's winners of the Economics Nobel. Brian Albrecht provides highlights in a Twitter thread, an Economics Forces blog post, and also a follow up blog post.
Some highlights regarding the Nobel from Marginal Revolution.
Noah Smith emphasizes how this is a Nobel that acknowledges what makes long term growth possible.
Marcus Nunes notes some significant contributions from Philippe Aghion and Peter Howitt. Also, CEPR on Aghion and Howitt.
David Beckworth discusses an inflation range target with Raphael Bostic.
How to think about it, when a bond from Microsoft is considered more valuable than a Treasury bond? (Maybe Microsoft has been more fiscally responsible lately)
When this rural doctor retires, will it be difficult to replace her? Especially given present immigration restrictions and the fact many U.S. born doctors would rather practice in urban areas.
Could coffee be added to concrete to make it stronger?
A visual for the world's largest exporters.
How can the U.S. address the rare earths problem?
More than a quarter of authorized immigrants have visas for temporary agricultural work.
There are some surprising statistics for global antibiotic use.
Scott Sumner takes a closer look at the Great British Inflation.
Where does the U.S. stand, given Trump's efforts toward trade "rebalancing"? Unfortunately, there is actually less trade now than before.
The media's coverage of causes of death is somewhat skewed. For example, death from heart disease and cancer figure much more prominently than death from homicides.
It took a while to materialize, but tourism in the U.S. has been negatively impacted.
Literature is in decline. Or is it?
Paul Krugman and Maurice Obstfeld talk Argentina, plus the state of the economy
The tech job slowdown is hitting California harder than other states.
A visual for educational levels in 45 nations.
It turns out that social media use has already peaked, particularly for younger generations.
Trump promised a manufacturing revival. But so far it's only been a manufacturing squeeze.
China's exporters are hurting more than some realize.
The incoherence of Trump's energy strategy.
A broad ranging discussion centered around Abundance movement possibilities.
What if Social Security doesn't even have the right talking points?
A look at the first ten months of Trump's second term.
There's lots of variance in the (added) value of a Bachelor's degree across different states.
Forcing (additional) industrialization by decree. Trump's 'grievance doctrine'. The only problem is that reality hasn't cooperated.
Weather forecasting has greatly improved. But there's room for more improvement, and AI can help.
The search is on for safe havens. Sweden is one destination.
A visual for average electricity costs, by state. My thought: Low costs in Texas are likely one reason why it has built so many data centers.
Trump's tariffs temporarily distorted the trade balance, nevertheless the balance wasn't repaired.
Maternal mortality improvements aren't always considered as a contributing factor in the baby boom.
What happens to the Fed once stablecoins start to replace currency?
Has the intersection between politics and economics permanently changed?
Who is basically okay with AI, and who is more afraid of it?
The economy is doing great. No, it's not. So, what gives?
Graphs tell the story of a reduction in the convenience yield for U.S. Treasuries.
