Is AI Drone Tech "evil"? So argues one of my favorite bands who removed their catalog from Spotify in protest of the CEO's investment in Helsing. This is counterproductive. Helsing is actively providing equipment for Ukraine to defend from the fascist imperial invader Putin.

Well... At least he got the costume right.

Those who ask why do we not build great wonders any more have never visited the St Louis City Museum. I've been to many playgrounds, parks, and children's centers in my dozen or so years of being a father. This place is a true marvel.

Data commissioner firing was motivated by bad news, rather than data quality concerns. 1) Trump already cut BLS budget. 2) Trump disbanded volunteer data advisory committee. 3) Private ADP data also show job growth decline. 4) No non-Trump employed economist has agreed with it.

BLS preliminary estimates have actually increased their accuracy over time. There is always room for improvement and survey responses have decreased. Improved accuracy requires more resources, not less.

Did the Fed cut interest rates last Fall to help Harris win the election? No. 1) They did a further cut in Dec. 2) monetary policy has a 6-mo lag. If they wanted to boost Harris, needed to have cut in Spring. 3) Sahm Rule triggered in Aug '24 4) Inflation pressure still elevated

Stephen Moore never fails to make careless errors, cherry pick numbers, and misrepresent the data. My friend Christopher Clarke picks apart Moore's latest dishonesty, exposing mistakes and misrepresentations that are big, embarrassing, and disqualifying.

Doesn't "true unemployment" take the nonfarm payroll numbers as one of its inputs?

I don't want to be that guy and I know math is hard. But 30+16=46 And 34+13=47 A far cry from 66.67 percent.

Simple economics is damn good at making real-world predictions. Yet, if you only read oped columns, you’d think economics was a failure. Our models are too abstract. Our predictions are always wrong. I push back in the Wall Street Journal Opinion 👇

There is value in not just burning down the system when the system is as great as the US

Firing Fed Governor without Due Process harms Fed Independence and sets a dangerous precedent for our checks and balances. The long term consequences will be more inflation.

We need a Paul Fairie thread of people saying "the country is full"