I am old enough to remember when many very serious people ascribed the rise of Donald Trump to economic anxiety. The hypthesis never fit the facts (his supporters had higher…

…also the desire to hold onto savings in view of the dire short-term economic outlook. This is Keynes’s “paradox of thrift” in action. Wanting to insulate oneself from economic harm…

…elected in 2016 there was a big debate over whether victory reflected economic or cultural factors. A lot of the initial research downplayed the influence of economic factors, although subsequent…

New jobless claims stall, adding to the evidence that stalling vaccinations and case counts are having an economic effect New jobless claims have been the most important weekly economic datapoint…

New jobless claims rise sharply; is the Delta wave beginning to take its economic toll? New jobless claims are the most important weekly economic datapoint with regard to the effects…

Housing permits, starts, and units under construction telegraph a deeper economic decline ahead Housing had another negative month in July. Permits (gold in the graph below) declined -1.3% to 1.674…

“August 27, 2022,” Heather Cox Richardson, (substack.com) In a speech Thursday night, President Joe Biden called out today’s MAGA Republicans for threatening “our personal rights and economic security…. They’re a…

…oil prices, surging inflation: The Arab embargo 50 years ago weaponized oil to inflict economic trauma – sound familiar? Cars lined up for gasoline in New Jersey in 1973 as supplies…

…few minutes here and read NDd’s reasoning. A further examination of the state of the economic tailwind  – by New Deal democrat With no big economic news today, I thought…

…examined state economic performance across Southern U.S. states from 1964 to 2004 and found that RTW status had no relationship to state economic outcomes. When studies have claimed to find such effects,…