M.R. Ducks
@orcma.bsky.social
I love the Economy and you can too
Nominal prices of consumer goods were basically the same from 1997 to 2020.
Even outside that period nominal earnings tend to rise faster so consumer goods have gotten cheaper in real terms.
Even outside that period nominal earnings tend to rise faster so consumer goods have gotten cheaper in real terms.
November 26, 2025 at 4:40 PM
Nominal prices of consumer goods were basically the same from 1997 to 2020.
Even outside that period nominal earnings tend to rise faster so consumer goods have gotten cheaper in real terms.
Even outside that period nominal earnings tend to rise faster so consumer goods have gotten cheaper in real terms.
Most of the time since the 1980s
November 26, 2025 at 3:54 PM
Most of the time since the 1980s
Fantastic article. zoning is anti-planning!
November 24, 2025 at 3:15 PM
Fantastic article. zoning is anti-planning!
Ugh they have the worst taste too. Uniformity is fine!
November 20, 2025 at 7:53 PM
Ugh they have the worst taste too. Uniformity is fine!
Not sure how this surge compares to last couple years but we’re still not out of the woods with avian flu
November 19, 2025 at 6:40 PM
Not sure how this surge compares to last couple years but we’re still not out of the woods with avian flu
Indeed. To avoid cherry picking, let’s look at all of food, weighted by household expenditure. Oh…
November 16, 2025 at 5:36 PM
Indeed. To avoid cherry picking, let’s look at all of food, weighted by household expenditure. Oh…
The violations themselves seem pretty benign, but good that the fomc has a strong commitment to self-policing
November 15, 2025 at 4:46 PM
The violations themselves seem pretty benign, but good that the fomc has a strong commitment to self-policing
Great news from Alexandria 🥳
November 12, 2025 at 10:24 PM
Great news from Alexandria 🥳
So the third leg of his 3-3-3 plan was what, just for fun?
November 9, 2025 at 2:51 PM
So the third leg of his 3-3-3 plan was what, just for fun?
Crazy how miran just makes things up. Why in the world would he think that immigrant labor is most substitutable for 20-24 year olds?
Don’t even get me started on his insane housing disinflation forecast. No numbers in here but he’s cited them before and they’re the result of data crimes.
Don’t even get me started on his insane housing disinflation forecast. No numbers in here but he’s cited them before and they’re the result of data crimes.
November 3, 2025 at 4:40 PM
Crazy how miran just makes things up. Why in the world would he think that immigrant labor is most substitutable for 20-24 year olds?
Don’t even get me started on his insane housing disinflation forecast. No numbers in here but he’s cited them before and they’re the result of data crimes.
Don’t even get me started on his insane housing disinflation forecast. No numbers in here but he’s cited them before and they’re the result of data crimes.
Yeah we’re knife posting
November 2, 2025 at 5:52 PM
Yeah we’re knife posting
Good interview. This answer in particular is a nice summary of the ways Trump’s economic policy gets it wrong.
October 22, 2025 at 11:04 AM
Good interview. This answer in particular is a nice summary of the ways Trump’s economic policy gets it wrong.
Reduced setbacks and no parking minimums on the table in Baltimore, and single-stair reform passed!
October 21, 2025 at 11:11 AM
Reduced setbacks and no parking minimums on the table in Baltimore, and single-stair reform passed!
Abusive taxes on imported tea resulting in destroyed cargo. I think I’ve heard this one before.
October 10, 2025 at 11:18 AM
Abusive taxes on imported tea resulting in destroyed cargo. I think I’ve heard this one before.
For August the effective tariff rate (revenue/value) was about 11%, and current policy puts the ceiling at about 17-18%. So line will still go up but probably by about 50%
sites.google.com/view/pskrzyp...
budgetlab.yale.edu/research/sta...
sites.google.com/view/pskrzyp...
budgetlab.yale.edu/research/sta...
September 30, 2025 at 8:13 PM
For August the effective tariff rate (revenue/value) was about 11%, and current policy puts the ceiling at about 17-18%. So line will still go up but probably by about 50%
sites.google.com/view/pskrzyp...
budgetlab.yale.edu/research/sta...
sites.google.com/view/pskrzyp...
budgetlab.yale.edu/research/sta...
September 30, 2025 at 4:00 PM
Wow. Much worse than I expected this to be.
September 29, 2025 at 12:45 PM
Wow. Much worse than I expected this to be.
Gotta be so embarrassing to be lauded by Bessent
September 25, 2025 at 11:55 AM
Gotta be so embarrassing to be lauded by Bessent
The stupid thing about all of this is that a less credible fed faces greater constraints when trying to ‘look through’ inflation. It’s literally less optimal for an FOMC with Miran on it to cut rates!
www.nber.org/papers/w34200
www.nber.org/papers/w34200
September 16, 2025 at 1:23 AM
The stupid thing about all of this is that a less credible fed faces greater constraints when trying to ‘look through’ inflation. It’s literally less optimal for an FOMC with Miran on it to cut rates!
www.nber.org/papers/w34200
www.nber.org/papers/w34200
Lame. Really nothing stopping them from doing it again, is there.
September 14, 2025 at 1:19 AM
Lame. Really nothing stopping them from doing it again, is there.