Emergency tariffs of 25% now, 50% tariffs in a week, on all Colombian imports.
How Much Does Undocument Immigration Push Down Wages of Native Born Workers
Mr. Bruce Hall quotes from Avila in a FRB Cleveland note:
Egg Prices and Egg Contracts for Difference
Egg prices and price index through December, egg CFDs through January.
If Avian Flu Hits Chicken Flocks, and the CDC Is Muted, Will That Reduce Egg Prices?
Also, if egg prices are not reported, will higher egg prices matter? From Fox5 Atlanta:
The Trump Administration has frozen many federal health agencies’ communications with the public until at least the end of the month.
The freeze affects the Centers for Disease Control and Prevention (CDC), based in Atlanta, the National Institutes of Health (NIH), and the Food and Drug Administration (FDA)—entities tasked with fighting epidemics, ensuring food safety, and advancing disease research, according to a memo obtained by the Associated Press.
Forecasts: WSJ vs. CBO vs. Biden Troika vs. IMF
A comparison:
And So It Begins: Rules vs. Discretion 2025
From AP:
…on Thursday during the World Economic Forum’s annual event in Davos, Switzerland, Trump said he would reduce oil prices, and then “I’ll demand that interest rates drop immediately, and likewise, they should be dropping all over the world.”
Macroeconomic Policy Lecture 1 – Graphs for 2025
Started teaching on Wednesday. Here’re some graphs in the intro lecture on macro policy (now that content is gated, and only accessible to students).
Will the MacIver Institute Issue a Retraction to “Evers’ Economy Is a Soviet Dream”
Why The MacIver Institute Should Be Charged with Data Abuse
In “The Evers Economy Is a Soviet Dream”, Michael Lucas writes:
Productivity, Demand and Manufacturing Employment
Is the decline in manufacturing employment due to trade competition? Insights from a decomposition.