- December 21, 2025
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.
A Conjectured Sahm Index for November [corrected]
The November unemployment rate came in at 4.6% v. 4.5% Bloomberg consensus. What does the Sahm rule say about whether
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.
Friday assorted links
1. An AI class created from a talk I gave. 2. A quite good essay on how to find books
Sunday assorted links
1. The fight over Romansh (New Yorker). 2. How well can LLMs grade? 3. Kelsey Piper responds on Mississippi. She
Welcome to the Crazy CAFE
To let Americans buy smaller cars, Trump had to weaken fuel-efficiency standards. Does that sound crazy? Small cars, of course,
Consensus vs. ARIMA(1,1,1): ADP Private Nonfarm Payroll
Bloomberg consensus is +7K for ADP release. Figure 1: ADP private nonfarm payroll employment (bold black), ARIMA(1,1,1)
What we’re grateful for – Marginal REVOLUTION
Here is the Free Press symposium, here is my contribution: Tyler Cowen, columnist I am grateful for how many parts
Clifford Winston: “Market Corrections Not Government Interventions”
That’s the title of a new book (Palgrave MacMillan) by Clifford Winston, Senior Nonresident Fellow in Economic Studies at Brookings.
Side-Walking Problems
Local Law 11 requires owners of New York City’s 16,000-plus buildings over six stories to get a “close-up, hands-on” facade