10+ hour, 15+ min ago  (334+ words) Economist Writing Every Day Two years ago I wrote about post about how long it took consumer prices to double in the US. The most recent time period looked pretty good compared to most of the 20th century. But lately I've…...

1+ week, 9+ hour ago  (596+ words) Over the years, many people have tried to create alternatives to the CPI for measuring inflation. Probably the most famous is "Shadow Stats," which Tim Lee has convincingly shown isn't actually measuring price inflation (it's just adding a fixed factor…...

3+ week, 2+ day ago  (174+ words) Economist Writing Every Day This is the chart that I've been thinking about today. The US government has been able to borrow on the cheap for most of it's existence, with the exception of 70s and 80s when stagflation put the clamp…...

3+ week, 5+ day ago  (261+ words) Economist Writing Every Day What about at the other end of the spectrum? I live in Florida. Every single Florida state school requires both Micro and Macroeconomics for business majors. These schools include everything from Florida State University to the…...

1+ mon, 3+ day ago  (136+ words) Our World in Data Economist Writing Every Day As a new quick rule of thumb inspired by the Nature papers, you could do worse than "cut estimated effect sizes in half. If a published paper says that a college degree…...

1+ mon, 3+ day ago  (138+ words) Most Published Research Findings Are Directionally Correct'Economist Writing Every Day As a new quick rule of thumb inspired by the Nature papers, you could do worse than "cut estimated effect sizes in half. If a published paper says that a…...

1+ mon, 2+ week ago  (272+ words) Next week the Fed will almost certainly hold interest rates steady. Stephen Miran will probably dissent saying the Fed should be cutting rates. Kevin Warsh, Trump's nominee for Fed Chair, would also like to see cuts. But other prominent voices…...

1+ mon, 2+ week ago  (333+ words) My university recently hosted a guest speaker. Among their content, they included some nominal macroeconomic values from pre-2020, back in the era when inflation was very low. That roughly includes the years 2012-2019. Truly, inflation stayed below 2% through February of 2021, but…...

1+ mon, 2+ week ago  (272+ words) Next week the Fed will almost certainly hold interest rates steady. Stephen Miran will probably dissent saying the Fed should be cutting rates. Kevin Warsh, Trump's nominee for Fed Chair, would also like to see cuts. But other prominent voices…...

1+ mon, 2+ week ago  (272+ words) Next week the Fed will almost certainly hold interest rates steady. Stephen Miran will probably dissent saying the Fed should be cutting rates. Kevin Warsh, Trump's nominee for Fed Chair, would also like to see cuts. But other prominent voices…...