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Electoral Issue #2: Why We Demand Bad Policy
Under-appreciating equilibrium effects can result in voters demanding sub-optimal policy.
Sep 23
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Electoral Issue #2: Why We Demand Bad Policy
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Electoral Issue #1: Investing in the Future – Child Tax Credit
Supporting investment in children is a key election issue in the US. Economic research shows us what its impacts will be.
Sep 7
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Electoral Issue #1: Investing in the Future – Child Tax Credit
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August 2024
Economic Brain Teasers
Economic brain teasers can be helpful to understand economic relationships. Using them for ‘gotcha’ type answers, however, is extremely unhelpful.
Aug 20
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Economic Brain Teasers
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Did The Federal Reserve Make a Mistake?
A higher unemployment reading has stoked recession fears and led many to think the Federal Reserve made a mistake.
Aug 15
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Did The Federal Reserve Make a Mistake?
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How We Misinterpret Electoral Polls
Polls are often used as forecasts, when really they should be used as part of a model to forecast.
Aug 4
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How We Misinterpret Electoral Polls
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July 2024
Can You Handle the Heat
Hot weather can be uncomfortable. But it also noticeably impacts behavior and economic output.
Jul 23
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Can You Handle the Heat
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June 2024
More Roads – Same Traffic
Expanding roads is often suggested as a solution to traffic congestion. Research shows it isn’t.
Jun 17
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More Roads – Same Traffic
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How Economists and Non-Economists Talk Past Each Other
One particular assumption – ceteris paribus (holding all else constant) – is the culprit.
Jun 1
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How Economists and Non-Economists Talk Past Each Other
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May 2024
Inflation: Distorted by the Past
Misinterpretations of what CPI and PCE measure keeps us unnecessarily concerned about the future.
May 20
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Inflation: Distorted by the Past
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Current Equilibria May Impede Progress
Societies can get stuck in a bad equilibrium without realizing. Getting out of them may require outside intervention.
May 13
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Current Equilibria May Impede Progress
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News: The FTC Bans Non-Competes
On April 23, 2024, the Federal Trade Commission (FTC) banned non-competes, which will have significant positive economic impacts.
May 5
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News: The FTC Bans Non-Competes
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April 2024
Work from Home Will Have a Bigger Impact on the Economy than AI
No, it’s not because AI will have a small impact.
Apr 19
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Work from Home Will Have a Bigger Impact on the Economy than AI
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