From Bloomberg: Trump Said to Plan 20% Tariff on Canadian Softwood LumberU.S. President Donald Trump said Monday he would impose a 20 percent tariff on Canadian softwood lumber, according to a White House official and two people present...Show More Summary
A look at what the health bill would do, who it would affect, and how it changed to get the conservative Freedom Caucus to yes.
Participants: Paul Krugman, Nobel Prize-winning economist, New York Times columnist, and distinguished professor at the Graduate Center. David Autor, leading labor economist; professor at MIT, where he directs the School Effectiveness and Inequality Initiative; and editor in chief of the...
## 2017-04-26 C/UNY Event: Trade, Jobs, and Inequality: Notes People: Eduardo Porter, David Autor, Brad DeLong, Ann Harrison, Paul Krugman <> Things we could have talked about: Decline in the manufacturing share of employment, driven...Show More Summary
Donald Trump gets lots of things wrong, but he doesn't necessarily get everything wrong. On the link between budget deficits and trade deficits, Trump might be closer to the mark than the NYT. The NYT right took Donald Trump to task for being lost in his trade policy. Show More Summary
The Census Bureau released the Residential Vacancies and Homeownership report for Q1 2017. This report is frequently mentioned by analysts and the media to track household formation, the homeownership rate, and the homeowner and rental vacancy rates. Show More Summary
(April 27, 2017 01:33 PM, by Bryan Caplan) I've heard many arguments against homeschooling. Here's the worst:"Bryan, you've got to send your kids back to public high school.""Why?""Well, you've got to understand that high school is miserable.""I remember it well. How is that an argument for high school?""Because... (0 COMMENTS)
Alison McCook at Retraction Watch: First, an occupational health journal appointed a new editor with industry ties without consulting the editorial board. Then, with no explanation, it withdrew a paper by the previous editor that was critical of corporate-sponsored research — again, without consulting the editorial board. At that point,...
The risks and rewards of starting from an extreme negotiating position. (It’s trickier in politics than it is in business.)
Christopher Blattman and Stefan Dercon: Do Sweatshops Lift Workers Out of Poverty?: In the 1990s, Americans learned more about the appalling conditions at the factories where our sneakers and T-shirts were made, and opposition to sweatshops surged. But some economists...
Tim Duy: Yes, the Stock and Bond Markets Can Both Be Right: Equities have renewed their rally -- and so have bonds, and that is creating much alarm among some investors. Whereas the former suggests the stage is set for...
On Tuesday, following instructions from the Department of Housing and Urban Development, Houston rescinded housing vouchers from more than 900 households that been previously awarded the coveted subsidy. None of the families currently...Show More Summary
By Lambert Strether of Corrente. Readers, feel free to contact me with (a) links, and even better (b) sources I should curate regularly, and (c) to find out how to send me images of plants. Vegetables are fine! Fungi are deemed to be honorary plants! See the previous Water Cooler (with […]
Equitable Growth in Conversation: A recurring series where we talk with economists and other social scientists to help us better understand whether and how economic inequality affects economic growth and stability. [Buy _After Piketty:...Show More Summary
From the Kansas City Fed: Tenth District Manufacturing Activity Expanded at a Slower PaceThe Federal Reserve Bank of Kansas City released the April Manufacturing Survey today. According to Chad Wilkerson, vice president and economist...Show More Summary
From the NAR: Pending Home Sale Dip 0.8% in MarchThe Pending Home Sales Index, a forward-looking indicator based on contract signings, declined 0.8 percent to 111.4 in March from 112.3 in February. Despite last month's decrease, theShow More Summary
The Washington Post ran an article about a new study from the Congressional Budget Office (CBO) comparing the pay of federal government employees with their counterparts in the private sector. The study found that less educated employees...Show More Summary
Somehow Donald Trump ended up in the White House–an outcome that seemed to surprise even him. Now he needs to figure out what to do next. (No, the campaign promises don’t provide any sort of coherent guide.) Early indications are that Trump will try to implement policies that are popular, at the cost of imposing […]
(Kitco News) - Asian stock markets were mixed overnight, while European shares were mostly lower. U.S. stock indexes are headed toward slightly higher openings when the New York day session begins. The post World Stock Markets Mixed, Awaiting ECB’s Draghi Press Conference was originally published at The Wall Street Examiner. Follow the money!
The DOL reported:In the week ending April 22, the advance figure for seasonally adjusted initial claims was 257,000, an increase of 14,000 from the previous week's revised level. The previous week's level was revised down by 1,000 from 244,000 to 243,000. Show More Summary