ECONOMY

ACA Premiums without Extension of Expanded Tax Credit

Data from Pew, for average marketplace benchmark plans, per month: Figure 1: Average benchmark ACA premium (Silver plan, 40yr old), $/mo (blue). 

ECONOMY

What Economists Are Against the IEEPA Tariffs? What Economists Are in Favor?

Amicus Brief, and NTU Open Letter: Signatories: Stan Veuger is Senior Fellow at the American Enterprise Institute and Visiting Lecturer of Economics at Harvard University.

ECONOMY

Prediction Markets Are Very Accurate

alexmccullough at Dune has a very good post on the accuracy of Polymarket prediction markets. First, how do we measure accuracy? Suppose a prediction market

ECONOMY

Creative Destruction in a Nutshell

A good figure from the Nobel Prize Foundation’s Scientific Background to the Mokyr, Aghion and Howitt Nobel. The figure shows that firm exit rates and

ECONOMY

Some Business Cycle Observables [updated]

Tomorrow, we’ll get another piece of business cycle information, in the form of industrial production, manufacturing production, and capacity utilization [correction: no

ECONOMY

Democracy and Capitalism are Mutually Reinforcing

Many people argue that democracy is incompatible with capitalism but they differ on whether democracy will kill capitalism or whether capitalism will kill democracy. Peter

ECONOMY

Ian Smith’s memoir *Bitter Harvest: The Great Betrayal*

Yes he used to run Rhodesia, and yes it is costly to buy this book because no one wants to reprint it, for obvious reasons. 

ECONOMY

Big Data on Trump’s War on Consumers

From Alberto Cavallo in the Harvard Gazette: See the interactive in the article. More on Cavallo et al. in this post. Source link

ECONOMY

The ai Boom

The tiny country of Anguilla (pop 15,000) has an official country top-level domain code for the internet of .ai. Domain name registrations have surged from

ECONOMY

Business Cycle Implications from the ADP Release

My nowcast of BLS private nonfarm payroll employment was for a decreaes of 78K, but with a very wide prediction interval. This is an aggregate