Supply and Demand (in that order)
Thursday, July 16, 2020
Are Regulations "Job Killing"?
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The traditional models of regulations and growth treat regulation as an adverse productivity shock (more inputs for the same output) in orde...
Wednesday, June 24, 2020
Shoddy Executive Order Bears Fingerprints of Navarro and Krugman
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An immigration Executive Order was issued two days ago. I read it yesterday and gathered my thoughts and relevant memories over the subs...
Friday, June 19, 2020
Dueling Memoirs: Mulligan vs. Bolton
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What do readers have to say? Style A New York Times Review says that Bolton's memoir " has been written with so little disc...
Sunday, June 7, 2020
Coronavirus and What it is Like to Speak with Trump
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One viewer says "You play it very straight which at this point is unheard of in Washington."
Saturday, June 6, 2020
The Higher Ed Market after Floyd
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@GlennLoury objects to what university administrators are doing. They are economic actors too, who will not benefit from a repeat of 196...
Thursday, June 4, 2020
Labor Market Recovery Begins when States Begin to Open
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The first chart below is an estimate of weekly US employment per adult. It suggests that the bottom was the week ending May 7, and that a ...
Sunday, April 26, 2020
Measuring Employment between Monthly Surveys
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The Employment Situation Report by the Bureau of Labor Statistics comes only monthly. It measures only the seven-day week (or, with the e...
Monday, April 20, 2020
Show us the fevers
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By all accounts, hundreds of millions of us are confined to home despite being perfectly healthy. The purpose of all of this, we're to...
30+ million out of a job
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A one-size-fits-all policy, even at the state level, has been a mistake from the beginning. Instead policy should be favoring ...
Friday, April 17, 2020
Shutdown reduces the flow of GDP by 28 percent
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New data from Alexander Bick and Adam Blandin suggest that the flow of real GDP is 28 percent less than it would be under normal circumsta...
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