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Conversable Economist

conversableeconomist.com

In Hume’s spirit, I will attempt to serve as an ambassador from my world of economics, and help in “finding topics of conversation fit for the entertainment of rational creatures.” In Hume’s spirit, I will attempt to serve as an ambassador from my world of economics, and help in “finding topics of c

Society / politics / economyEssays / personal

Posts
3,528 from 17 May 2011 to 29 Oct 2026
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about daily (173 in the last year)
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personal blog
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Latest

October 2026

  1. A Primer on Health Care Systems Across Countries
  2. All About Tariffs
  3. AI in Development: World Development Report 2026
  4. Financing the AI Physical Capital Buildout
  5. A Supply-Shock Era?
  6. Medicaid’s Expanding Enrollment
  7. How to Keep Global Agricultural Output Rising
  8. The Incoherence of the Trump Tariff Announcements
  9. The Nobel Prize to Hall and Woodford: A Macroeconomic Journey
  10. 1974: When Both Nobel Economists Proposed Abolishing the Prize
  11. A Tax-Side Agenda for Addressing US Budget Deficits
  12. The Challenge of US Rural Development
  13. Equity in K-12 School Spending
  14. Financial Literacy: How Many Can Pass the Test?
  15. Interview with Gita Gopinath: Trade and Currencies

September 2026

  1. Interview with Ariel Pakes: The Inner Workings of Product Markets
  2. I Would Like the Value of My Home to Rise, While My Property Taxes Fall
  3. S-Shaped Utility Curves, Poverty, and Risk-Taking
  4. A US Federal Budget Chartbook
  5. US Manufacturing Jobs: The Long Transition
  6. Energy and Carbon Emissions: Some Global Ground Truths
  7. Adam Smith: Rule of Law as the Backbone for Markets
  8. The Dominance of Aquaculture over Capture Fishing
  9. A Supply-Side Story: The Rising Price of Candy
  10. The Latent Benefits of Work
  11. Marge Piercy on Why Work Matters
  12. Gross and Net US Investment
  13. US Energy: Source to End-Use
  14. The Bank of North America (Before Hamilton’s First Bank of the United States)

August 2026

  1. GAO: One More Warning on US Federal Debt
  2. Secular Stagnation and Wealth Inequality: Antecedents and Lessons
  3. Is US Government Debt Getting Riskier?
  4. Even Sand Isn’t Infinite
  5. Data Center Spending in US
  6. “Syntax often breaks down just at the point where a new or significant meaning is beginning to break out”
  7. The Generalizability Problem, the Natural Field Experiments Answer
  8. Welcoming First-Year Students with a Wake-Up Call
  9. Orwell: “It is possible to be a normal decent person and yet be fully alive.”
  10. “To Write Well is to Think Clearly”: David McCullough
  11. Did the Sewing Machine Reduce the Workload for Women?
  12. Rocks in the Harbor: Beveridge and Robinson
  13. When Happiness Was Invented
  14. Growth Effects of AI: Modest for a Decade or Two, At Least
  15. The Not-so-Fluid, Low-Hire, Low-Fire Economy
  16. Summer 2026 Journal of Economic Perspectives Freely Available Online

July 2026

  1. The EU Green Deal: How’s It Going?
  2. Major Stereotypes
  3. Occupational Licensing: US and International
  4. The Job Market for Recent College Graduates
  5. Chokepoints for Ocean Trade: Strait of Hormuz, and What Else?
  6. Interview with Christiane Baumeister: Oil Price Shocks
  7. Is Progress Sustainable? Mokyr’s Nobel Lecture
  8. How Much Does Federal R&D Pay Off?
  9. Interview with Joel Mokyr: Big Topics in Long-Run Growth
  10. Is the Fed Taking it Too Easy on Bank Enforcement?
  11. Tokenized Finance: What Are the Tradeoffs?
  12. Shifts in Non-Cash Payments
  13. Declaration of Independence: Track Changes Version
  14. What Does the Declaration Mean by Pursuit of Happiness?
  15. US Exports, Imports, and Tariffs: The 250-Year Perspective
  16. Interview with Mervyn King: All Things Monetary Policy

June 2026

  1. Where Will the Jobs Come From in Developing Economies?
  2. Some Economics of Paid Sick Leave
  3. Slow Growth: Mexico Edition
  4. Dairy: Supply and Demand Stories
  5. How Will Boomer Retirement Affect Jobs for Young Adults?
  6. Homo Experiens, the Biology of Decision-Making, and Behavioral Economics
  7. Geoeconomics and Rethinking the Logic of Trade
  8. Chair Jerome Powell: An Early Retrospective
  9. Is GDP Failing to Capture AI?
  10. Does Leniency for First Offenders Pay Off?

May 2026

  1. Simone Weil on Education and Attention
  2. Lessons for Central Banks: Interview with Kristin Forbes
  3. How Medicare and Medicaid Rely on Private Health Insurance
  4. Agricultural Production Functions Without Prices
  5. A Foretaste of Warsh as Chair of the Federal Reserve
  6. How is AI Affecting the Quantity and Quality of New Books?
  7. Is China Blocking Developing Economies?
  8. Snapshots of Global Defense Spending
  9. The World’s Most Populous City Builds Mass Transit
  10. History of the Disposable Diaper
  11. How AI Boosts International Trade
  12. Spring 2026 Journal of Economic Perspectives Freely Available Online

April 2026

  1. Global Trade Imbalances: Actual Problems, Unlikely Solutions
  2. World War Trade
  3. Declining Survey Response and Government Data
  4. Industrial Policy: A Policy Menu
  5. AI and Future Growth
  6. Interview with Ellen McGrattan: Business Cycles and Intangible Capital
  7. The Austin Experience: More Housing, Lower Rents
  8. The US as an Innovation Economy
  9. Globalization: Healthier than the Headlines
  10. North Korea’s Economy: How to Study a Data Black Hole
  11. How Federal Spending is Distributed to the Elderly, Working Age, and Children
  12. Trump’s Tariffs One Year Later: Predictably Disappointing
  13. India and Its Service Sector

March 2026

  1. The Flaws of Overconfident AI
  2. Bending the Curve of Health Care Costs (At Last?)
  3. When Keynes Did Not Win the Nobel Peace Prize
  4. The Growth of Big Business: 1900-2020
  5. Interview with Erika McEntarfer: Firings and Federal Statistics
  6. Snapshots of “Cross-Border Financial Centers”
  7. The US Postal Service Hits Its Debt Ceiling
  8. The Wealth of Nations: What’s It all About?
  9. StatGPT: The Dangers of Asking AI about Statistics
  10. Canada’s Economic Challenges
  11. Who is Buying All the Global Debt?
  12. When Fiscal and Monetary Policy Row Together–and Not
  13. The Marketplace Exchanges for Health Insurance
  14. A Rising Gap Between Older and Young Workers
  15. The Status of Stablecoins
  16. Fiscal Rules in Emerging Market Economies
  17. When Rubber Was the Critical Imported Good
  18. Can AI Tools Be Pro-Worker?

February 2026

  1. Laying Off Workers: Cheap vs. Expensive
  2. Did Negative Interest Rates Work ?
  3. Effective Taxes on Carbon: An International View
  4. Trump’s Tariffs Have Not Shifted the Trade Deficit
  5. Some Evidence on AI, Productivity, and Labor Markets
  6. US Budget Deficits: Spitting Into the Wind
  7. What are Folk Economic Beliefs?
  8. Asian Americans: Two Alternate Histories
  9. Winter 2026 Journal of Economic Perspectives Freely Available Online
  10. When Social Security Went Haywire in the 1970s

January 2026

  1. Tariffs and Inflation: Where Are We?
  2. The Liminal Status of US Immigration Policy
  3. China’s Belt and Road Initiative: The Final Act
  4. How Slavery Held Back Growth: Looking Across the River
  5. Interdependencies in Federal Statistics
  6. Snapshots of the US Income Distribution
  7. US-China Competition for AI Markets
  8. AI and Jobs: Interview with David Autor
  9. Standardization as a Tool for Development
  10. Some Snapshots of the US Demographic Future
  11. Yellen on Fiscal Dominance
  12. AEA Distinguished Fellow 2025: That’s Me
  13. What is Actually the Problem with the Current US Labor Market?
  14. Economic Inequality Does Not Cause Lower Subjective Ratings of Well-Being
  15. How Selective Universities Can Increase Socioeconomic Diversity: Admit by SAT Scores
  16. Is Your Destiny Seeking You?

December 2025

  1. Hume on the Jealousy of Trade
  2. Keynes: Free Trade and the Nationalist Impulse
  3. US Growth: From Hours Worked or Productivity Gains?
  4. What’s a Widget in the Modern Economy?
  5. Charles Dickens on Management and Labor
  6. Charles Dickens on Seeing Poverty
  7. Economics of the Attention Economy
  8. How Does Japan Sustain Such High Government Debt?
  9. The Late 1800s: High Tariffs and Expanding Trade Together?
  10. Some Snapshots of Global Urbanization

Every year

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