Manufacturing Value Added Flat | Econbrowser
So much for a manufacturing renaissance, post-“Liberation Day”.
Figure 1: Manufacturing production (blue), value added in 2017$ (red), employment (tan), hours (light green) all...
“The International Monetary System, the PBoC and the RMB, Fragmentation & Decoupling, Fragmentation and...
Those are some of the topic areas of this year’s NBER International Seminar in Macroeconomics, which took place in Split, Croatia.
Central Banker to...
Bob McCauley: “Downgrading Uncle Sam, not America”
In McCauley’s VoxEU post (first of three), he presents a pictorial depiction of exorbitant privilege:
As McCauley notes:
While the US Treasury downgrade did not...
Law and Policy
Whenever a legal challenge to a given policy is decided, a discussion tends to arise as if the court is making a statement...
Error in Crushing Capitalism
I posted last week about my review of Norbert J. Michel’s new book, Crushing Capitalism: How Populist Policies Are Threatening the American Dream.
In...
Military Action and Linguistic Shortcuts
Humans have a tendency to obey political authorities even when it may not seem in each individual’s self-interest to do so. Nationalism is...
Are immigrants self-deporting?
A recent paper from the Center for Immigration Studies suggests that the answer is yes:
We preliminarily estimate that the number of illegal immigrants...
Companies Don’t Need Regulation to Cut Back on “Excessive Packaging”
Former Obama staffer Rahm Emanuel famously said, “You never want a serious crisis to go to waste. And what I mean by that...
