How to think about a supply shock
In a previous post, I argued that more than 100% of inflation since late 2019 was demand driven. There was a negative supply shock around […]
Month: July 2024
Trading Can’t Lose – Econlib
International trade, it is often said, has winners and losers. Consumers in the US benefit when they buy imported wine from France while California winemakers […]
Introducing Full Content Auditing: The New Standard in Network Security, and Why It’s Needed
Network security controls are no longer reliable or adequate. They are easily avoided, prone to false positives, and feed an expensive ecosystem for alert management […]
Business Cycle Indicators from Mid-July 2024
Industrial production at +0.6% m/m vs. +0.3% consensus (productivity +0.4 vs. + 0.2% consensus). Figure 1: Nonfarm Payroll (NFP) from CES (blue), employment (orange), industrial […]
Wednesday separate links
1. Colombia’s booming cocaine economy (NYT). 2. New NBER paper, examines a theoretical approach to designing research grants. 3. In the prices of wines. 4. […]
Why I’m Skeptical of Market Failure Corrections
In almost any economics textbook, one will find a discussion of market failure. The conversation will usually go something like this: markets are great, but […]
Russia’s Real GDP and GDP Before Military Spending
Using the WEO estimates for April 2024 (the July update shows no growth update for 2024, and -0.3 ppts in 2025 y/y), we can see […]
It’s awkward to provide tenant-level data encryption for AWS users
“Many SaaS providers do not offer multi-tenant data protection and choose to rely on data at rest encryption for all their customers’ data,” explained Ho. […]
Links 7/17/2024 | bare capitalism
Yves here. More links today due to Trump’s firing post-mortems. ****** Contact history’: Geneticists are rewriting the narrative of Neanderthals and other ancient humans ScienceDaily […]
IT Staffing Agency Smoothstack Traps Tech Workers in “Modern Day Indentured Servitude”, Federal Suit Alleges
One has to give the Department of Justice props for pursuing what appears to be a very bad actor, despite the fact that it is […]