Sunday, May 31, 2026

Wrap Up for May 2026

Ryan Avent talks with Brink Lindsey about the power of faith and culture.

American dads have changed considerably since the fifties.

The economic blockade campaign is about more than just Iran.

What does access for a new retirement plan, consist of? 

Part of what makes life more expensive now in the U.S. is a weaker dollar.

Electricity supply is rising, as demand rises even faster. Texas is rising to the challenge, but more rapid energy build out is needed across the U.S.

Aircrafts are a prominent export in multiple states.

A 100% debt-to-GDP level isn't necessarily a deal breaker. But the way a debt trajectory actually rises, can be.

"Most good ideas are born as twins."

Robin Brooks explains why the blockade is working.

Hannah Ritchie takes a closer look at near future AI electricity demand.

When it comes to home affordability, income levels matter. (A visual)

Tautologies are more useful than they are often given credit for.

Embodied human labour is a lot more complex than what AI is actually performing. "When a dollar is saved, where is it redirected?"

Will the nominal anchor continue to hold?

Even though the labour market is stabilising, it is doing so with higher prices.

Some charts which illustrate how debt is becoming a global problem.

Minnesota has the highest home ownership rates for young adults.

Most countries remain sold on free trade, even if the U.S. no longer is. However, economists were right about the economic pain the tariffs would cause.

What might the changing California job market imply for the rest of the country?

It hasn't been long since pancreatic cancer was practically a death sentence, but much has changed.

In war, a nation's ability to survive shouldn't be confused with victory. Iran isn't quite as strong as some like to imagine.

Betting on future risks has its useful qualities, but doing so can also corrupt.

The 21st century is also the time of the "Great Forgetting".

Saying goodbye to a dependable and trustworthy Fed chair.

Tariffs haven't helped the U.S. economically. And trading partners have dramatically changed in the past 25 years.

Neil Irwin reflects on Jerome Powell's chairmanship.

Trump and Xi went into the summit with the same modest expectations.

What if an AI bust wouldn't really hurt that much?

"The number of children on the planet has been going down since around 2012. It's just that their grandparents have not died yet."

History will likely be kind to Jerome Powell.

China has retained a longer than expected lock on low-skilled goods production, to the detriment of emerging economies.

A visual for world fertility rates.

Have Republicans basically given up on free markets?

Pediatric surgeons have the highest wages.

One can only hope that data centers will take a strong interest in water recycling. After all, they are being built in some places where water is already in short supply.

Is vicemaxxing the new normal?

The Secular Stagnation theory turned out to be not so compelling.

There's a price for exorbitant privilege that is seldom considered.

A visual for the world's largest food exporters.

The Fed has not been offsetting excess fiscal demand.

Both Medicare and Medicaid have become reliant on private health insurance.

Hiring demand really depends on one's home state.

Independent bookstores are actually doing better than many realize.

For the Fed, it's actually easier to move the road than to steer the car. Even so, "moving the road" doesn't always guarantee a positive outcome.

A visual for foreign investment in 100 nations.

Not all forms of attention are the same, and the differences are important.

Services are almost half the value of U.S. exports, but that important factor has been completely missed in Trump's tariff calculations.

In the past ten years anger has been on the rise.

It turns out that once immigration stalls, something odd occurs: Just because job numbers turn negative doesn't necessarily mean a downturn is underway.

What point was there in putting tariffs on musical instruments, when few were being made in the U.S. to begin with? "Imports of musical instruments are cratering."

Which states have experienced the most population growth since 1970?

Paul Krugman answers his critics concerning discussions about standards of living in Europe and the U.S.

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