Get the Think newsletter.SUBSCRIBEMarch 24, 2019, 3:57 PM GMTBy Ani BundelEven the best creators can have a hard time knowing when to stop. The sequel trap has tripped up many a beloved series, written and…
China vs. United States: A Tale of Two…
Source: Visual Capitalist While comparable in total size, the makeup of each economy is totally different. United States is a sophisticated and highly diversified economy that is based on services, finance, and consumption…
Jencks on Incentives and Single Motherhood, by Bryan…
A striking passage from Christopher Jencks’ foreword to Edin and Lein’s Making Ends Meet: Some conservatives oppose all efforts to help single mothers balance their budgets, even when the mother works. They argue that making life…
BBRG: The U.S. Labor Market Isn’t all That…
The U.S. Labor Market Isn’t all That HealthyUnderemployment is a problem that isn’t measured well by the official data.Bloomberg, July 1, 2019 By most measures, the U.S. is at or very close…
Applied Weighted Tariffs: US vs Other Countries
Source: Torsten Sløk, Deutsche Bank, via Bloomberg May: “If the US follows through on the latest trade war threats it will raise the overall US tariff level to 7.5%, which is higher than…
Brexit: Impacts and prospects
Economists’ opinions on Brexit are often dismissed as politically biased or driven by groupthink. While these charges are overstated, it is legitimate to point out that assessments of the impact of Brexit that focus narrowly…
Trade War: Interactive Graphic
The Trade War Is Exposing What Little U.S. Tech China Still Needsclick for interactive graphicSource: Bloomberg Very cool interactive graphic showing a variety of key technology components, the companies that use them, and what…
On the socially optimal labour share of income
There is a lot of empirical evidence on the decline in the labour share (e.g. Elsby et al. 2013). Figure 1, for example, shows the business sector labour share for the US from 1947 onwards. …
Succinct Summations of Week’s Events for 6.21.19
Succinct Summations for the week ending June 21st, 2019 Positives: 1. Markets continued their rally, adding 3 percent for the week.2. FOMC did not think the economy was soft enough to warrant a rate cut.…