Some Basic Math on Why I Think the Recession Likelihood Is Greater than 30%
Goldman Sachs has reduced the probability of recession in the next 12 months to 30%, from 35%, and earlier 45% (Reuters). It’s important...
Lines, Legalism, Limits, and Likeness
For today’s post, further thoughts inspired by Barry Lam’s book Fewer Rules, Better People.
When Lam puts forth arguments in favor of legalism in his...
Economic Implications of “a narcissistic populist presidency”
That’s Cliff Winston’s assessment here at LSEblog:
Since entering office for his second term, President Trump has consistently ignored expert advice on key policies,...
P. Joyce: “Why Protecting the Congressional Budget Office Should Matter to the Congress, and...
From an article by Philip Joyce (UMD):
…And CBO Directors—all of them—have always known that when their analyses throw cold water on particular proposals,...
[Repost] If You Thought Grocery Prices Were High, Wait for Mass Deportation
Eerie silence hangs over Central Coast farm fields in wake of ICE raids
Wages for farm workers and food processing will likely rise,...
Weekly Economic Index, for Data Released through 6/7
Lewis, Mertens & Stock WEI vs Baumeister, Leiva-Leon & Sims WECI:
Figure 1: Lewis, Mertens, Stock Weekly Economic Index (blue), and Baumeister, Leiva-Leon, Sims...
Non-Economic Public Service Announcement | Econbrowser
If you are a person of color, I suggest carrying your US passport at all times, given recent detentions of US citizens. I...
