Archive - Nominal News

Can You Handle the Heat

Hot weather can be uncomfortable. But it also noticeably impacts behavior and economic output.

Jul 23 •

June 2024

More Roads – Same Traffic

Expanding roads is often suggested as a solution to traffic congestion. Research shows it isn’t.

Jun 17 •

How Economists and Non-Economists Talk Past Each Other

One particular assumption – ceteris paribus (holding all else constant) – is the culprit.

Jun 1 •

May 2024

Inflation: Distorted by the Past

Misinterpretations of what CPI and PCE measure keeps us unnecessarily concerned about the future.

May 20 •

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 •

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 •

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 •

March 2024

Don’t Tie Yourself to a Number

To draw appropriate conclusions from data, we can’t just assume that if the data is correct, it should also be applied.

Mar 26 •

An Illustrative Model of Housing Prices

Taking into account regional income differences can help us understand the behavior of housing markets.

Mar 18 •

‘Your pay is still - not - going up too fast’

The Economist posted a controversial article arguing that wages are driving inflation. Let’s revisit why this is not the case.

Mar 4 •

February 2024

Correcting Statements on Inflation and Inequality

Federal Reserve Governor Waller made a surprisingly wrong statement regarding how prices respond to supply shocks.

Feb 18 •

Housing – Supply Side and Affordability

To improve housing affordability, we need policies that ‘increase land’. Public transit and remote work might just do it. Plus – which cities are…

Feb 5 •

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