Households under Debt Stress: Two Pictures
From Bloomberg: Auto ABS prices, from Fitch: Source link
The Layoff Announcement-Labor Force Ratio and Recessions, 1989-2025
Using Challenger, Gray, Christmas data at quarterly frequency, normalized by civilian labor force. Figure 1: Challenger layoff announcements to civilian
Effective tax rates for billionaires
Here is the tweet, here is the source data. The post Effective tax rates for billionaires appeared first on Marginal
Nowcasting “Core GDP” | Econbrowser
From Atlanta Fed and Goldman Sachs, numbers that perhaps better represent the trajectory of aggregate demand. Figure 1: Final sales
Kamin & Sobel: “Termites are slowly feasting away at the foundations of the dollar’s dominance”
In the FT today: The dollar’s dominance was built on the foundation of America’s many strengths. But like termites eating
*You Have No Right to Your Culture: Essays on the Human Condition*
By Bryan Caplan, now on sale. From Bryan’s Substack: My latest book of essays, You Have No Right to Your Culture:
History of Econ Summer Camp
Graduate students with an interest in the history of economic thought should consider this summer program. Source link
Fear of larger wars in East Africa
This is one of my major worries for 2026 and beyond. The ethnic and tribal conflict in Ethiopia is not
The share of factor income paid to computers
Via Kevin Bryan. The post The share of factor income paid to computers appeared first on Marginal REVOLUTION. Source link
Real Retail Sales and the Business Cycle
From X today: Nov retail sales came in hot at +0.6% M/M and +3.3% Y/Y, beating expectations and above inflation,