Anyone know if Ezra Klein is calling for another Republican convention to pick a replacement for Trump? It's not too late.

Lots of media accounts correctly noting that Trump was easily and repeatedly baited by Harris last night. I hope they will also point out that having someone that easily baited in charge of a nuclear arsenal that can destroy the world would be ... suboptimal.

23 years ago, as the smoke was still rising from lower Manhattan above the remains of thousands of dead Americans, Donald Trump went on TV to brag (incorrectly) that his building was now the tallest in New York. This is who he is.

The concepts of the plan are available upon request.

Good news. Also, just another reminder this morning that the Federal Reserve targets PCE - not core PCE or any metric of CPI - & we are now closer to target than we were during a long decade of undershooting, when no one was concerned about the Fierce Urgency of Returning to 2%

👇🎯 Especially the second part Paul Krugman mentions here

A towering masterpiece. The 2011 movie is good, but it’s not remotely in the same league as 👇

🇩🇪, & by extension the 🇪🇺, sleepwalking into yet another Lost Decade. So incredibly predictable & depressing. x.com/mcopelov/statu…

Your now-regular reminder that the single greatest threat to transatlantic democracy, security, & prosperity is neither 🇨🇳, nor 🇷🇺, nor any other external threat, but rather the authoritarian calls coming from inside the house.

If you assume a problem (Suffering From Inflation™️) that doesn't really exist, & you ask a person who doesn't really have the ability to fixit what they're going to do about it, then you should not be surprised when you get mostly silly answers from them: x.com/mcopelov/statu…

Everything is political economy, sartorial tariffs edition

👇🎯 Also, they weren't undecided

Concepts of a plan.

Today in "neither our media nor our political system is designed to deal with a far right authoritarian party"

Suffering From Inflation™️ update:

Mean and median disposable household income per capita in PPP terms. We are barely second in median household income to a small country whose primary industry is literally banking.

If you want to make a point about the living standards each economy can sustain — rather than exchange rate fluctuations — you want to analyze GDP per capital adjusting for difference in the cost of living (these are called “PPP adjustments”). Contrary to your numbers, we see