ECONOMY

Creative Destruction in a Nutshell

A good figure from the Nobel Prize Foundation’s Scientific Background to the Mokyr, Aghion and Howitt Nobel. The figure shows

ECONOMY

ARIMA(1,1,1) in BLS Private NFP vs. ADP Based ECM

I estimated three models, 2021-2025M08, resulting in adjusted R2 of between 0.54 (based on ADP data) to

ECONOMY

Democracy and Capitalism are Mutually Reinforcing

Many people argue that democracy is incompatible with capitalism but they differ on whether democracy will kill capitalism or whether

ECONOMY

The Economics Nobel goes to Mokyr, Aghion and Howitt

The Nobel prize goes to Joel Mokyr, the economic historian of the industrial revolution and the growth theorists Phillippe Aghion

ECONOMY

Memo from the Midwest: Thanks, Drumpf!

November futures for soybeans collapse upon Trump’s announcement: Source: barchart.com . Source link

ECONOMY

The Free Press is joining Paramount

Announcement here, congratulations! And from the WSJ.  And Katherine Boyle comments. The post The Free Press is joining Paramount appeared

ECONOMY

Delaying Employment Situation Release, CPI Release Next?

Is the Administration secretly happy that the employment situation release was delayed? Without inside information, one can’t

ECONOMY

Nowcasting Private NFP for September

We won’t have the BLS series for private NFP as of Friday. Can we use the ADP-Stanford

ECONOMY

Guest Contribution: “Does the Zillow rent measure help predict CPI rent inflation?”

Today we are fortunate to present a guest post written by N. Kundan Kishor (University of Wisconsin-Milwaukee).    The Divergence

ECONOMY

AI and the FDA

Dean Ball has an excellent survey of the AI landscape and policy that includes this: The speed of drug development