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.    

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

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

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

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.

ECONOMY

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

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.

ECONOMY

Friday assorted links

1. An AI class created from a talk I gave. 2. A quite good essay on how to find books

ECONOMY

Sunday assorted links

1. The fight over Romansh (New Yorker). 2. How well can LLMs grade? 3. Kelsey Piper responds on Mississippi.  She

ECONOMY

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,