Category Archives: Economics

This Won’t Be Good For Trump: The Retail Apocalypse

And tariffs aren’t going to fix this (boldface mine): Thousands of mall-based stores are shutting down in what’s fast becoming one of the biggest waves of retail closures in decades. More than 3,500 stores are expected to close in the … Continue reading

Posted in Economics, Jobs | Leave a comment

Do Economists Really Not Know These Things?

There’s an NY Times article, “What if Sociologists Had as Much Influence as Economists?“, that completely perplexes me. Neil Irwin writes (boldface mine): But as much as we love economics here — this column is named Economic View, after all … Continue reading

Posted in Economics | 11 Comments

NIH And Coal Mining

Il Trumpe has made bringing back coal mining jobs, no matter how unrealistic that would be, a key component of his economic plan (such as it is…). After last week’s ‘budget’ release, which proposed an NIH funding cut of twenty … Continue reading

Posted in Economics, NIH | 2 Comments

D.C.: Extra Taxation Without Representation (On Free-Loading Non-Urban Areas)

One common conservative claim is that cities, full of those people, are leeches that take a lot of money from ‘real Americans’ to pay for all of their lazy poor people. While the claim appears ridiculous (among other things that … Continue reading

Posted in DC, Economics, Taxes

‘NAFTA’ Versus NAFTA

In which we discuss ‘inflation’ and ‘deficits’ as well. While I’m inclined to agree with Dani Rodrik’s assessment of NAFTA–very small effects overall, but in some areas, locally devastating–I think this whole debate mistakes ‘NAFTA’ with NAFTA. I’ve noticed when … Continue reading

Posted in Economics | 1 Comment

Stalled Rents And Income Inequality

One of the missing elements in the discussion over rising urban rental costs is the role of income inequality. People will pay high prices to live somewhere–until they can’t (boldface mine): David J. Maundrell III, the executive vice president of … Continue reading

Posted in Economics, Housing

The Looming Insolvency Of Local Governments

Regardless of who won the presidential election, they stand a reasonable chance of being confronted by the fiscal instability of many municipalities. Here’s another example, this time from Lafayette, Louisiana (boldface mine): When we added up the replacement cost of … Continue reading

Posted in Economics, Urban Planning | 2 Comments