Finance

Our new model includes many new features: For example, instead of using a representative household, it includes an aggregated population that is accurate in millions […]

Most people do not have a logical theory to understand how government and politics work. Many people believe in the myths they catch at home […]

About Lambert Strether Readers, I’ve had a reporter present my views as literally absurd. Let me explain them briefly. I believe in universal programs that […]

0:37 Introduction. [Recording date: July 17, 2024.] Russ Roberts: Today is July 17, 2024. My guest is economist Noah Smith. You write in Substack at […]

Conor here: The following piece from DeSmog is an example of where left and right interests collide, albeit for different reasons. Conservatives may be more […]

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To summarize the new results: An international team of researchers recently discovered that oxygen is made from potato-shaped metal nodules deep in the Pacific Ocean. […]

Consumers, CEOs, or economists? Figure 1: Year-over-year CPI inflation (bold black line), corresponding to 1-year inflation expectations from the NY Fed consumer survey (green line), […]

The list this week is very short. It shows a little bit of learning. In particular, it shows little thought about what I’m reading because […]

Interest rates are important, but not as much as most people think. To see why, it may help to start with an analogy. Why is […]