Archive - Nominal News

GDP Will Reflect “AI”, But How Focused Should We Be On It?

Podcaster Dwarkesh Patel believes the value AI will not be accurately reflected in GDP – he’s both right and wrong

Aug 19 •

More than a Safety Net – Value Created by Unemployment Benefits

Welfare programs, like unemployment insurance, are rarely mentioned as policies that are positive-sum.

Aug 10 •

News: Republican Administration Fires Head of BLS After ‘Bad’ Jobs Report

President Donald Trump fired the head of the Bureau of Labor Statistics (BLS) immediately after the recent jobs report publication.

Aug 4 •

July 2025

The Federal Reserve is Right

Jerome Powell has come under significant criticism. Under closer inspection, the Federal Reserve's decisions are fully driven by economics.

Jul 26 •

Work Requirements - An Ineffective Policy

Work requirements are often touted as a remedy to prevent the misuse of benefits. Instead, they only end up harming those who are most in need.

Jul 14 •

Clearing Up the Free-Bus Debate

The provision of a government service, such as buses, and how to fund it, are fundamentally two different questions.

Jul 6 •

June 2025

GenAI – Will Workers Disappear?

Public predictions about the impact of genAI on workers and the economy are dramatic – but are they right?

Jun 30 •

Yes – Tariffs Have Increased Prices and Inflation in the US

The price increases from tariffs can be seen in both economy-wide data and retail data.

Jun 16 •

Can Large Tech Companies Be 'Bad' for the Economy but Good for Workers?

Dominant tech firms can stifle innovation, but this may actually benefit their employees.

Jun 9 •

May 2025

News: The US Credit Downgrade

On May 16, 2025, Moody’s downgraded the rating of US debt from AAA (Aaa) to AA+ (Aa1). What does this mean and what does economics have to tell us about…

May 25 •

Congestion Pricing – New York City

What does data and research tell us about congestion pricing?

May 13 •

April 2025

Modelling the Impact of Tariffs

Economic modelling suggests that the US tariffs can have quite significant adverse outcomes on both US output and wages.

Apr 30 •

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