Yves here. This article contends that tariffs may not be inflationary, but that does not mean that consumers will not be harmed. Tariffs will make some, perhaps many, goods more expensive. But buying them (or driving up prices of competing...
Seriously, you cannot make this stuff up. I managed to miss this New York Times article last week thanks to the barrage of Trump edicts and the furor about them: As we’ll see soon, other countries, namely Italy and El...
As the Trump 2.0 administration takes off, it looks like he’s only doubling down on US efforts to plunder Europe despite his campaign talk about getting out of Ukraine and downsizing the US role in NATO. The monied interests behind...
By Lambert Strether of Corrente. The question of Covid’s origin has generated a vast literature and a polemic even vaster, neither of which I can pretend to have mastered,. Nevertheless, with the change in administrations, the Origin Question has exploded...
Mr. Bruce Hall quotes from Avila in a FRB Cleveland note: People working part-time who would prefer to be working full-time comprise a large group in the United States. These people may be referred to as working “part time for...
By Wolf Richter, editor of Wolf Street. Originally published at Wolf Street. The DOGE people in the Trump administration are considering shedding a big portion of the massive office space that the government owns or leases nationwide, managed by the...
How much growth is required to achieve good lives for all? Insights from needs-based analysis World Development Perspectives. From September 2024, still germane. Global economy could face 50% loss in GDP between 2070 and 2090 from climate shocks, say actuaries...
Egg prices and price index through December, egg CFDs through January. Figure 1: Top panel, Contract for Difference for eggs; middle panel, PPI for large eggs; bottom panel, price of dozen A eggs, in $. Source: TradingEconomics, BLS. I have...
Also, if egg prices are not reported, will higher egg prices matter? From Fox5 Atlanta: The Trump Administration has frozen many federal health agencies’ communications with the public until at least the end of the month. The freeze affects the Centers...
