- June 24, 2025
Of Course We Should Privatize Some Federal Land (but probably won’t)
The Federal government controls a ridiculous amount of land in the West including more than half of Oregon, Utah, Nevada, Idaho and Alaska and nearly
GDP Nowcasts as of 6/20
NY Fed, St. Louis Fed, GS tracking: Figure 1: GDP as reported (black), May Survey of Professional Forecasters (tan), GDPNow of 6/18 (light blue square),
Some northern parts of Spain
Salamanca still feels part of the orbit of Madrid, but León does not. Many of the faces are more Celtic, and the mood of the
Has Trade Policy Uncertainty Decreased a Lot?
Yes, but only because it was so extremely high recently. Figure 1: Top panel – Economic Policy Uncertainty – trade category (blue); Bottom panel –
Deport Dishwashers or Solve All Murders?
I understand being concerned about illegal immigration. I definitely understand being concerned about murder, rape, and robbery. What I don’t understand is being more concerned
The convent where the Salamancans wrote their great works
Convent San Esteban. It is still there, you can just walk right in, though not between 2 and 4, when the guards have off. Arguably
Is American Consumption too High?
The Economist asks the question, and says — in part — yes. Rebalancing the global economy is Donald Trump’s defining cause. China should produce less
Greg Mankiw’s Blog: Stanley Fischer
About Me Name: Greg Mankiw Location: United States I am the Robert M. Beren Professor of Economics at Harvard University. I use this blog to
Why LLMs make certain mistakes
Via Nabeel Qureshi, from Claude 4 Sonnet, from this tweet. The post Why LLMs make certain mistakes appeared first on Marginal REVOLUTION. Source link
You Can See the End of the Great Stagnation Everywhere but in the Productivity Statistics
Eli Dourado continues to keep his eye on the most important number in the world, total factor productivity. It continues to be bad, -3.88% on
