ECONOMY

The Tyranny of the Complainers

Some years ago, Dourado and Russell pointed out a stunning fact about airport noise complaints: A very large number come from a single individual or

ECONOMY

The US Leads the World in Robots (Once You Count Correctly)

If you search for data on robots you will quickly find data from the International Federation of Robotics which places South Korea in the lead

ECONOMY

Why Some US Indian Reservations Prosper While Others Struggle

Our colleague Thomas Stratmann writes about the political economy of Indian reservations in his excellent Substack Rules and Results. Across 123 tribal nations in the lower

ECONOMY

The Year in Review, 2025: I wanted lower prices, and all I got is this lousy hole in the ground

Here are some of the most ridiculous (and tragic) events of 2025, in economic or economic policy terms.     January: CEA designate Stephen Miran

ECONOMY

The PRC’s Intimidation Campaign | Econbrowser

Chinese forces are conducting a massive military exercise in the areas surrounding Taiwan — a major economic power and supplier of semiconductor chips essential to

ECONOMY

Marginal Returns to Public Universities

From Jack Mountjoy, forthcoming in the QJE: This paper studies the returns to enrolling in American public universities by comparing the long-term outcomes of barely

ECONOMY

Good news from the GDP report

The Bureau of Economic Analysis announced today that seasonally adjusted U.S. real GDP grew at a 4.3% annual rate in the third quarter. That is

ECONOMY

Rent Control Creates Ghost Apartments

Adam Lehodey writing at City Journal: In New York City, making a profit on real estate has become increasingly difficult. Rent-stabilization laws built on the

ECONOMY

Greg Mankiw’s Blog: Principles of Economics, 11e

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

ECONOMY

AI is everywhere but in the productivity statistics…

These people are saying it is there too.  Though I am not quite sure what they (or anyone, for that matter) mean by AI: First,