- September 28, 2025
What Exactly Happened to the Dollar around “Liberation Day”: Illiquidity vs. No-Confidence
Some people argue the concurrent dollar decline and Treasury yield incrase was attributable to liquidity issues as repicing occurred against
AI and the FDA
Dean Ball has an excellent survey of the AI landscape and policy that includes this: The speed of drug development
Greg Mankiw’s Blog: Flier on RFK Jr
About Me Name: Greg Mankiw Location: United States I am the Robert M. Beren Professor of Economics at Harvard University.
Is it the phones?
Or perhaps we should just credit Sydney Sweeney? That is from Chris Said. The post Is it the phones? appeared
The Danger of Fed Credibility under Assault
If credibility is degraded, then tariff induced cost-push shocks are less likely to manifest as one-off price
The British War on Slavery
In August of 1833 the British passed legislation abolishing slavery within the British Empire and putting more than 800,000 enslaved
Housing 101
John Arnold points us to this table on new apartments and pointedly notes that the population of LA (18.5 m)
Moving on Up
James Heckman and Sadegh Eshaghnia have launched a broadside in the WSJ against the Chetty-Hendren paper The Impacts of Neighborhoods
The Financial System: Some Graphs
Starting teaching today a course on the financial system. Here are some graphs of the current situation, through August.
Greg Mankiw’s Blog: Dear Committee Members
Like many who spend their lives in the ivory tower, I enjoy academic satires. That includes Richard Russo’s novel Straight