#  @EconChrisClarke Christopher Clarke Christopher Clarke posts on X about inflation, in the, tariffs, this is the most. They currently have [-----] followers and [---] posts still getting attention that total [-----] engagements in the last [--] hours. ### Engagements: [-----] [#](/creator/twitter::2817956911/interactions)  - [--] Week [-------] -47% - [--] Month [---------] +915% - [--] Months [---------] +1,358% - [--] Year [---------] +636% ### Mentions: [--] [#](/creator/twitter::2817956911/posts_active)  - [--] Week [--] -38% - [--] Month [--] +61% - [--] Months [---] +40% - [--] Year [---] -17% ### Followers: [-----] [#](/creator/twitter::2817956911/followers)  - [--] Week [-----] -0.04% - [--] Month [-----] +0.88% - [--] Months [-----] +15% - [--] Year [-----] +31% ### CreatorRank: undefined [#](/creator/twitter::2817956911/influencer_rank)  ### Social Influence **Social category influence** [finance](/list/finance) 35.64% [countries](/list/countries) 6.93% [social networks](/list/social-networks) 4.95% [technology brands](/list/technology-brands) 4.95% [stocks](/list/stocks) 2.97% [currencies](/list/currencies) 1.98% [travel destinations](/list/travel-destinations) 0.99% [celebrities](/list/celebrities) 0.99% **Social topic influence** [inflation](/topic/inflation) 10.89%, [in the](/topic/in-the) 9.9%, [tariffs](/topic/tariffs) 9.9%, [this is](/topic/this-is) 7.92%, [food](/topic/food) 7.92%, [economy](/topic/economy) 5.94%, [market](/topic/market) 4.95%, [economics](/topic/economics) 4.95%, [more than](/topic/more-than) 3.96%, [truth](/topic/truth) 3.96% **Top accounts mentioned or mentioned by** [@sndurlauf](/creator/undefined) [@ethanbdm](/creator/undefined) [@truthzaddy](/creator/undefined) [@andrarchy](/creator/undefined) [@franciscaantman](/creator/undefined) [@aeainformation](/creator/undefined) [@aeacswep](/creator/undefined) [@aeacsmgep](/creator/undefined) [@wustl](/creator/undefined) [@khoavuumn](/creator/undefined) [@moreperfectus](/creator/undefined) [@nntaleb](/creator/undefined) [@kevintartis](/creator/undefined) [@justinwolfers](/creator/undefined) [@elaineliuecon](/creator/undefined) [@briancalbrecht](/creator/undefined) [@hooverinst](/creator/undefined) [@tbpinvictus](/creator/undefined) [@ritholtz](/creator/undefined) [@wwwojtekk](/creator/undefined) **Top assets mentioned** [Alphabet Inc Class A (GOOGL)](/topic/$googl) [Kroger Co (KR)](/topic/kroger) ### Top Social Posts Top posts by engagements in the last [--] hours "Capping credit cards to 10% will cause more harm than help. Consumer credit is competitive. Price controls create shortages. So instead Consumers will use Payday Lenders w 300% interest. While evidence is mixed on banning payday lenders a credit card ban will simply be bad" [X Link](https://x.com/EconChrisClarke/status/2015183944485138627) 2026-01-24T22:04Z [----] followers, [----] engagements "New BLS nominee is a good sign. A career of careful research in data measurement. Unlike the partisan and lying EJ Antoni the Republican Senate prevented from taking power we will have competents at our economic data agency. The sector will never produce the same scope quality nor transparency as the government" [X Link](https://x.com/EconChrisClarke/status/2018162230307819961) 2026-02-02T03:19Z [----] followers, [----] engagements "In just [--] yrs Guyana went from one of the poorest to one of the richest countries in the world Massive new oil wealth has implications for border disputes with Venezuela. Will they sustain their development and become Norway Or will they fade like Ecuatorial Guinea" [X Link](https://x.com/EconChrisClarke/status/2018530268819374427) 2026-02-03T03:41Z [----] followers, [----] engagements "Pareto was wrong. Utility can be cardinal not just ordinal. I've always thought the problem of incomensurability was silly. We all do it every day. Ok is that enough fancy words for one tweet We rarely think of economics as scandalous but maybe we should. Sam Bowles in conversation with @sndurlauf & @ethanbdm argues that a core assumption in the field impedes moral reasoning about wealth redistribution. Watch the full panel https://t.co/OBAwhPCtXX https://t.co/FZPN8dU0yT We rarely think of economics as scandalous but maybe we should. Sam Bowles in conversation with @sndurlauf & @ethanbdm" [X Link](https://x.com/EconChrisClarke/status/2019077496910782702) 2026-02-04T15:56Z [----] followers, 33.4K engagements "Bitcoiners discovering Liquidity Preference. My Stepmother Is an Alien (1988). https://t.co/QdkkqoPZaD My Stepmother Is an Alien (1988). https://t.co/QdkkqoPZaD" [X Link](https://x.com/EconChrisClarke/status/2019854460223434869) 2026-02-06T19:23Z [----] followers, [----] engagements "Jon Stewart expressed many common misconceptions about what economists believe. We are not market absolutists. Long have we called for environmental regulations. Another John Stuart (Mill) called the environment the "inheritance of the human race there must be regulations."" [X Link](https://x.com/EconChrisClarke/status/2023520333991674187) 2026-02-16T22:10Z [----] followers, [----] engagements "@Truth_Zaddy But our scarce resources and time require us to make comparisons every day. I must choose whether to spend an hour with a friend a dog or alone - all very different relationships. Yet time constraints force the comparison" [X Link](https://x.com/EconChrisClarke/status/2019157998644707388) 2026-02-04T21:15Z [----] followers, [---] engagements "@andrarchy I'm not dogmatic about any system. I've yet to see a moral system that doesn't have uncomfortable edge cases. But I haven't seen enough criticism of a utilitarian social welfare function to convince me it wouldn't improve the human experience more than the status quo" [X Link](https://x.com/EconChrisClarke/status/2019159553942880656) 2026-02-04T21:22Z [----] followers, [--] engagements "Nice. When I taught intermediate micro I used Goolsbee Levitt & Syverson. In their general equilibrium and social welfare sections I don't recall their discussing ordinal/cardinal when differentiating between Pareto Efficiency and Utilitarian Social Welfare Maximizing. How does Varian treat efficiency in that context https://twitter.com/i/web/status/2019500936100806731 https://twitter.com/i/web/status/2019500936100806731" [X Link](https://x.com/EconChrisClarke/status/2019500936100806731) 2026-02-05T19:58Z [----] followers, [---] engagements "Tea consumption saved lives in 18th century England. @FranciscaAntman #tea #water #clean #cleanwater #humanity #economy #econtwitter #science #research #history #health" [X Link](https://x.com/EconChrisClarke/status/1495134974718136320) 2022-02-19T20:35Z [----] followers, [---] engagements "There are allegations that recent Nobel Philip Dybvig has a long history of sexually harassing Asian students. An anonymous one is [--] yrs old. Another with a named victim surfaced two days ago. These allegations must be investigated. @AEAInformation @AEACSWEP @AEACSMGEP @WUSTL" [X Link](https://x.com/EconChrisClarke/status/1581689982242418688) 2022-10-16T16:54Z [----] followers, [---] engagements "New working paper shows building [---] universities in Vietnam lead to higher wages increased firm productivity and an employment shift from agriculture into the service industry. JMP from @KhoaVuUmn & Tu-Ahn Vu-Thanh. #econtwitter #wage #education #labor #research #college" [X Link](https://x.com/EconChrisClarke/status/1587954340027052032) 2022-11-02T23:46Z [----] followers, [---] engagements "While housing affordability has worsened over the past decade we are materially far better off today. This is a lesson on the difficulty in comparing pieces across [--] years when quality has improved so dramatically. Part I π§΅ Tell it like it is But is it depression or indenture #TikTok https://t.co/sVgmDT9CI4 Tell it like it is But is it depression or indenture #TikTok https://t.co/sVgmDT9CI4" [X Link](https://x.com/EconChrisClarke/status/1699146658897092821) 2023-09-05T19:45Z [----] followers, 41.1K engagements "The viral rent to income video is a lie. I tracked down the original source & methodology. It forgot to adjust HUD's rental data for inflation but did use "real" median income which is adjusted for inflation. While a problematic rent/income gap exists we need to tell the truth" [X Link](https://x.com/EconChrisClarke/status/1701418358133166229) 2023-09-12T02:12Z [----] followers, 191.3K engagements "This is why we study economics & not just business. Economists are generally utilitarian treating everyone's happiness equally. Smith also said it best "The interest of the producer ought to be attended to only so far as it may be necessary for promoting that of consumers."" [X Link](https://x.com/EconChrisClarke/status/1702061992671080757) 2023-09-13T20:49Z [----] followers, 23K engagements "But did you also control for cost of living" [X Link](https://x.com/EconChrisClarke/status/1738262885636452612) 2023-12-22T18:19Z [----] followers, 40.1K engagements "If you look at Figure [--] from the paycheck to paycheck source (Lending Tree) you'll see that only 17.6% have issues paying their bills. The other "paycheck to paycheck" folks have "no issue paying bills". Seems there is a lot of ambiguity in the definition of that phrase. Nobody claims the economy is as bad as [----]. But smugly telling the 60% who live paycheck to paycheck the [---] million in medical debt the half of older Americans who have ZERO in savings & the [--] million who owe $1.7 trillion in student debt weve never had it so good is wrong. Nobody claims the economy is as bad as [----]. But" [X Link](https://x.com/EconChrisClarke/status/1744431839622942840) 2024-01-08T18:52Z [----] followers, 33.5K engagements "The middle class has a higher standard of living than theyve ever had" [X Link](https://x.com/EconChrisClarke/status/1749825403727089733) 2024-01-23T16:04Z [----] followers, 43.4K engagements "Fast food prices rose a lot faster than overall inflation. Its not because of profits. Its because workers are finally seeing some real gains./π§΅" [X Link](https://x.com/EconChrisClarke/status/1755004174469939371) 2024-02-06T23:02Z [----] followers, 11.6K engagements "The fact is libertarians like Hayek & others across the political economy spectrum recognize & advocate for state welfare. The Road to Serfdom says The case for the state organizing a comprehensive social insurance system is very strong. The market alone will never fix poverty" [X Link](https://x.com/EconChrisClarke/status/1756055547940687984) 2024-02-09T20:40Z [----] followers, 58.2K engagements "It is illegal to build the housing folks want in most cities in America. Economic research has strongly linked this zoning regulation since the 1970s with lack of construction and higher prices. /π§΅" [X Link](https://x.com/EconChrisClarke/status/1758331313340469406) 2024-02-16T03:23Z [----] followers, [----] engagements "The Consumer Price Index (CPI) and the Consumer Expenditure Survey (CES) are two different publications. We cannot use descriptions about how the CES works to disprove the CPI. The tweet is going viral due to data illiteracy and partisanship. 3/ Google that find https://t.co/U9HwDVOUN7 Skim it realize that the measurement is NOT CPI-like (where a fixed basket of goods is priced each month / quarter) but instead a SURVEY of people asking them what they spent (for a NON FIXED basket of goods). 3/ Google that find https://t.co/U9HwDVOUN7 Skim it realize that the measurement is NOT CPI-like" [X Link](https://x.com/EconChrisClarke/status/1761874069891522988) 2024-02-25T22:01Z [----] followers, 17.8K engagements "No Wall Street did NOT buy up 44% of single family homes. We need to check sources before spreading misinformation. Only building more houses will fix your housing affordability problem. Everything else is a distraction /π§΅" [X Link](https://x.com/EconChrisClarke/status/1767695556132925631) 2024-03-12T23:33Z [----] followers, 29.8K engagements "Governor you are spreading misinformation. Please have your staff spend [--] minutes googling a stat before sharing it on the Internet. Large firms are buying 1-2% of homes NOT 44%. I strongly support free markets. But this corporate large-scale buying of residential homes seems to be distorting the market and making it harder for the average Texan to purchase a home. This must be added to the legislative agenda to protect Texas families. I strongly support free markets. But this corporate large-scale buying of residential homes seems to be distorting the market and making it harder for the" [X Link](https://x.com/EconChrisClarke/status/1768708641358782675) 2024-03-15T18:39Z [----] followers, [----] engagements "Nope. This is easy to verify it's false. The Washington Times didn't do their due diligence in checking the Medium blog post's original claims. The real number is 1-2% not 44%. I go through the data and source in π§΅" [X Link](https://x.com/EconChrisClarke/status/1772690814927282446) 2024-03-26T18:23Z [----] followers, 98.7K engagements "Economic majors earn a higher salary out of college than any other business related major. Whys that Economics gives you skills that employers are looking for because you can apply it to various different subjects and gives you a different perspective at the market" [X Link](https://x.com/EconChrisClarke/status/1776290023803064800) 2024-04-05T16:45Z [----] followers, 19.5K engagements "The $5 footlong only existed because of mass unemployment and a massive recession. The [--] inches for $6 is an Australian advert. ($3.95 USD). For the first time in [--] yrs wage inequality has improved. What do you think a good economy would look like" [X Link](https://x.com/EconChrisClarke/status/1777024848432333274) 2024-04-07T17:25Z [----] followers, 22.2K engagements "Wages for fast food workers are rising faster than restaurant prices. All while the profit rates remain constant. Here is a graph for McDs. @MorePerfectUS claims price rise are due to profits. At least w fast food that's not the case. We are seeing exactly what MPU fights forπ§΅ THREAD: Subway used to have $5 footlongs now its $6 six inches. The McChicken used to be $1 now it's almost $3. Taco Bells Beefy 5-layer burrito was $0.89 in [----] now its $3.69. Fast food companies want to blame inflation or the minimum wage going up. Its all a lie. https://t.co/ZhcW7zMLJD THREAD: Subway used to have" [X Link](https://x.com/EconChrisClarke/status/1779889192795054516) 2024-04-15T15:07Z [----] followers, 40.9K engagements "A reminder that the $5 footlong only existed because of poverty wages and a historic recession. The fact that less workers earn poverty wages should be celebrated. https://x.com/EconChrisClarke/status/1777024848432333274t=iFxcMsyVg4AMR2UERaQIyA&s=19 The $5 footlong only existed because of mass unemployment and a massive recession. The [--] inches for $6 is an Australian advert. ($3.95 USD). For the first time in [--] yrs wage inequality has improved. What do you think a good economy would look like https://t.co/eGGgV3JzoZ" [X Link](https://x.com/EconChrisClarke/status/1779889663941153048) 2024-04-15T15:08Z [----] followers, [----] engagements "There's a time when every economist must address the errors of the perennially cited inflation series from Shadow Stats. They claim that since [----] prices rose over 500% yet when asked can't even name one good that experienced that. I attempt to replicate his flawed method" [X Link](https://x.com/EconChrisClarke/status/1795952066889732597) 2024-05-29T22:55Z [----] followers, 56.4K engagements "Eliminating the income tax to replace it w tariffs is not only impossible it increases the tax burden on the poor and middle class while lowering taxes for the wealthy. And even at that it makes everyone worse off - even the rich. Sources links etc. in π§΅" [X Link](https://x.com/EconChrisClarke/status/1802019822605377826) 2024-06-15T16:46Z [----] followers, 32.6K engagements "Taking a pattern found in a small personal anecdote and extrapolating it to a universal truth sounds like something Taleb warned us not to do in one of his many thought provoking books" [X Link](https://x.com/EconChrisClarke/status/1810400169378087116) 2024-07-08T19:46Z [----] followers, 61.2K engagements "@nntaleb You moved your π₯ . Your original claim is that "Economists are known to be totally useless in the private sector". The fact that Amazon alone hires economists in the hundreds is a counter point worth engaging with. Instead you rely on the petty insults and shifting claims" [X Link](https://x.com/EconChrisClarke/status/1810424024524354034) 2024-07-08T21:21Z [----] followers, [----] engagements "Have I unlocked a new Twitter achievement Being noticed by Taleb being insulted by Taleb and then being blocked by Taleb. Oh well. I really enjoyed reading Black Swan a decade ago. Taking a pattern found in a small personal anecdote and extrapolating it to a universal truth sounds like something Taleb warned us not to do in one of his many thought provoking books. https://t.co/Ci6xNogyhi Taking a pattern found in a small personal anecdote and extrapolating it to a universal truth sounds like something Taleb warned us not to do in one of his many thought provoking books. https://t.co/Ci6xNogyhi" [X Link](https://x.com/EconChrisClarke/status/1810432265434104179) 2024-07-08T21:54Z [----] followers, 47.6K engagements "Economic research finds rent control benefits higher income earners by converting apartments into expensive condos. Unlike other controversies econ theory [--] yrs of data testing and a simple supply & demand model all tell the same story. We need to π π not mess with prices" [X Link](https://x.com/EconChrisClarke/status/1813709746253521378) 2024-07-17T22:57Z [----] followers, 82.8K engagements "A century ago the middle class in England could hire domestic servants. Around 10% of workers were servants. Today it's less than 0.3%. Why Because wages for the poor grew. Similarly today the fast food servants are disappearing (at least their prices are)" [X Link](https://x.com/EconChrisClarke/status/1815907116949094878) 2024-07-24T00:29Z [----] followers, 11.3K engagements "Turns out grocery stores are really competitive. Using "gross" profits instead of "net" profits is misleading. It ignores labor costs We need greater rigor from our intellectuals w large platforms to work towards a more competitive market. Kroger: -Had gross profit margins above 20% over the last [--] years -Is using dynamic pricing to gouge us further -Paid its CEO $15 million 502x a typical Kroger employee -Wants to acquire Albertsons so you have nowhere else to shop Corporate greed at its absolute worst. Kroger: -Had gross profit margins above 20% over the last [--] years -Is using dynamic" [X Link](https://x.com/EconChrisClarke/status/1828179212295197040) 2024-08-26T21:14Z [----] followers, 331.1K engagements "@KevinTartis Mistaking a genuine debate for dishonesty is a poor way of navigating a disagreement" [X Link](https://x.com/EconChrisClarke/status/1828193231412306170) 2024-08-26T22:10Z [----] followers, 12.8K engagements "Pete Jackson's LOTR doesn't feature a viable food supply chain. No farms for the majority settlements of Minas Tirith Edoras or Rivendell. But you know what movie gets it right Shrek" [X Link](https://x.com/EconChrisClarke/status/1832870832127000582) 2024-09-08T19:57Z [----] followers, 15.4K engagements "Wasn't the goal to increase employment The tariffs harmed employment once retaliatory effects are considered. @JustinWolfers Actually what matters is tariff design. The washing machine tariffs accomplished their goal which was to raise the price of the machines because they were designed to do so. I predicted you would respond with this because its the go to example for people who have not studied @JustinWolfers Actually what matters is tariff design. The washing machine tariffs accomplished their goal which was to raise the price of the machines because they were designed to do so. I" [X Link](https://x.com/EconChrisClarke/status/1834116262219436122) 2024-09-12T06:26Z [----] followers, [----] engagements "This is false. Tariffs increased prices for consumers. They also lower prices for US exporting producers. They didn't save jobs but rather lost jobs. It's one of the few things nearly all economists agree on. The evidence is overwhelming" [X Link](https://x.com/EconChrisClarke/status/1834713879169188240) 2024-09-13T22:00Z [----] followers, 24.2K engagements "Deportations lowered demand for π . But they likely lowered the supply of π by even more. Net effect Increased prices. We've tested this. Given that the U.S. stopped π π [--] years ago I'd say it's housing supply not recent immigration demand that is the primary cause. You were promised econ studies on the effects of immigration on house prices. So let's deliver: An important new study finds that more robust enforcement of immigration laws reduces the construction workforce which has led to higher house prices. https://t.co/UQt6imtwJ5 https://t.co/9l8TZkpWd0 You were promised econ studies on" [X Link](https://x.com/EconChrisClarke/status/1841601134580171099) 2024-10-02T22:08Z [----] followers, 39.7K engagements "Turns out the rise in π rents (2021) happened BEFORE the surge in immigration (2022). Work from home & strong domestic demand drove the earlier rise in housing rents" [X Link](https://x.com/EconChrisClarke/status/1842646180624507071) 2024-10-05T19:20Z [----] followers, 21.8K engagements "Economics still can't predict nor control recessions & inflation very well. But it sure knows a thing about trade. Using a simple Ricardian gravity model of trade along with digitized cuneiform accounting records we have new evidence for the location of lost Anatolian cities" [X Link](https://x.com/EconChrisClarke/status/1845205761443627053) 2024-10-12T20:51Z [----] followers, 55.5K engagements "The Nobel goes to Acemoglu Johnson & Robinson for their work on the effects of institutions on long-run economic prosperity. It's not an easy topic to study empirics have advanced since. We also got a few memes out of it over the years" [X Link](https://x.com/EconChrisClarke/status/1845914121579175965) 2024-10-14T19:46Z [----] followers, [----] engagements "Sen. Vance claims there are [--] million prime-age men who have dropped out of the labor force. but in reality only 678k did so because they could "not find work." The others are disabled in school or early retired. There aren't enough to replace the 10-25M mass deportations" [X Link](https://x.com/EconChrisClarke/status/1846361653845414156) 2024-10-16T01:24Z [----] followers, 28.6K engagements "Oh hey I got cited in a community note. Cool" [X Link](https://x.com/anyuser/status/1850395028428034349) 2024-10-27T04:32Z [----] followers, 12K engagements "The doomer media keeps getting worse. Negative reporting bias distorts our perception of reality. More than ever we need representative samples and food economic data" [X Link](https://x.com/EconChrisClarke/status/1850592130546442368) 2024-10-27T17:35Z [----] followers, 33K engagements "Who are economists voting for There are many different views. [--] nobels endorsed Harris. None have endorsed Trump. One worry is the firing of professional civil servants to be replaced by partisan loyalists. This happened in Argentina in [----] leading to [--] yrs of high inflation" [X Link](https://x.com/EconChrisClarke/status/1853203090054484217) 2024-11-03T22:30Z [----] followers, 17.5K engagements "@ElaineLiuEcon I've tried it twice. Found it to be a complete waste of time. Despite their ambition they have no framework and no tools. The worst part is they aren't even looking to go to my university. They want to go somewhere "better." I honestly felt like a free-ride personal tutor" [X Link](https://x.com/EconChrisClarke/status/1853467999338221788) 2024-11-04T16:03Z [----] followers, 24.1K engagements "Tariffs are protectionary. They act as a barrier to competition. Like many anti-competitive policies they cause monopolies and increase prices. While Trump's small tariffs of [----] didn't cause macro inflation this time they're gonna be a whole lot bigger" [X Link](https://x.com/EconChrisClarke/status/1857114925728223603) 2024-11-14T17:34Z [----] followers, [----] engagements "Retaliatory tariffs & global supply chains mean the standard Econ [---] models are too rosey argues @BrianCAlbrecht. It's even worse. In the standard graph domestic producers are winners. In reality most producers lose too. Econ [---] is wrong about tariffs. But not in the way protectionists think. The reality is even worse than what we teach in class. Here's why: https://t.co/tQjzkqzn2u Econ [---] is wrong about tariffs. But not in the way protectionists think. The reality is even worse than what we teach in class. Here's why: https://t.co/tQjzkqzn2u" [X Link](https://x.com/EconChrisClarke/status/1857568227641143636) 2024-11-15T23:35Z [----] followers, 14.5K engagements "Will DOGE Department of Government Efficiency solve the nation's deficit No. While I'm hopeful for improvements most gov spending goes to entitlements not the salary's of bureaucrats. Only [--] choices return taxes to 90's level or cut spending on the elderly and poor" [X Link](https://x.com/EconChrisClarke/status/1858636305644875887) 2024-11-18T22:20Z [----] followers, 10.3K engagements "60% are living paycheck to paycheck yet real median wages continue to hit records. How do we reconcile this After surveying all sources I find the paycheck to paycheck claim is noisy. It includes rich folks with bad budgeting. In reality it's around 25% who are struggling" [X Link](https://x.com/EconChrisClarke/status/1860466701017711067) 2024-11-23T23:33Z [----] followers, [----] engagements "There are limits to natural resource extraction sure. But lumber is a renewable resource. The forested area in the U.S. has been relatively stable for over a century. Anyone who believes in indefinite growth on a physically finite planet is either mad or an economist. - David Attenborough https://t.co/wiOimtWhog Anyone who believes in indefinite growth on a physically finite planet is either mad or an economist. - David Attenborough https://t.co/wiOimtWhog" [X Link](https://x.com/EconChrisClarke/status/1863998199205359915) 2024-12-03T17:26Z [----] followers, [----] engagements "Are 97% of California's New Jobs only coming from government No. Lee Ohanian at @HooverInst made a (probably intentional) methodological error. Hoover has since retracted thanks to work done @TBPInvictus over at @Ritholtz blog" [X Link](https://x.com/EconChrisClarke/status/1870588743725560283) 2024-12-21T21:54Z [----] followers, 14K engagements "Homelessness is not experienced equally across the nation. It's largely concentrated on the West Coast and New York. Hawaii is higher this year due to the Maui fire happening during the Jan [----] measuring period" [X Link](https://x.com/anyuser/status/1872795601248936353) 2024-12-28T00:04Z [----] followers, 20.7K engagements "The West Coast not only has high homeless they also don't shelter them. NY has double the homelessness rate as CA but they at least provide shelter. Only 34% of CA's homeless have shelter. NY has the best sheltered rate (96%) followed closely by VT & MA. Nationally its 64%. @EconChrisClarke Need an unsheltered homelessness map for comparison. @EconChrisClarke Need an unsheltered homelessness map for comparison" [X Link](https://x.com/EconChrisClarke/status/1873159892254769419) 2024-12-29T00:11Z [----] followers, 30.1K engagements "Homelessness is caused by high rents. Far more than mental health or drug use or even general poverty. Mississippi has the lowest homelessness rate While we need more social work support building more housing is our strongest tool to make to the biggest difference" [X Link](https://x.com/EconChrisClarke/status/1873466340633436427) 2024-12-29T20:29Z [----] followers, [----] engagements "Jimmy Carter was the great deregulator 4-yrs before Reagan got credit for it. The question to de/regulate is not partisan. Sometimes we need more (old-growth π²); sometimes we need less (NIMBY). Carter showed a non-partisan pragmatic leadership we should emulate more today" [X Link](https://x.com/EconChrisClarke/status/1873862216405180626) 2024-12-30T22:42Z [----] followers, [----] engagements "We now have causal real-world analysis that Ozempic and other GLP-1 medications lower snack purchases by 5% (8% if you're rich). Chips & baked goods take the biggest hit. Yogurt & Slim Jim's are unaffected. The decline is about $416 per year per person. Source in π§΅/" [X Link](https://x.com/EconChrisClarke/status/1874247095999488309) 2025-01-01T00:11Z [----] followers, 11.4K engagements "Economic degrowth in [----] reduced global carbon emissions by around 5%. With the reduction of GDP this came at a cost of $1700+ per ton. Investing in renewables only costs around $60 per ton. Degrowth is not a serious solution" [X Link](https://x.com/EconChrisClarke/status/1874912897488617730) 2025-01-02T20:17Z [----] followers, 15.8K engagements "Taking degrowth seriously requires even the global south to significantly reduce their consumption. Degrowth can't just be the rich. It would require the global middle class to significantly reduce standard of living. We should build green infrastructure & new tech instead" [X Link](https://x.com/EconChrisClarke/status/1875326582140891532) 2025-01-03T23:41Z [----] followers, [----] engagements "No single measure of human activity can ever capture the whole picture. That said GDP and GDP per Capita do capture most of the story. @wwwojtekk there is nothing in that chart which is inherently tied to wellbeing. it is a gdp chart. even piketty hardly a marxist is quite sharp on manipulations that can cause gdp to increase without improving living standards. you guys are the religious fundamentalists of econ. @wwwojtekk there is nothing in that chart which is inherently tied to wellbeing. it is a gdp chart. even piketty hardly a marxist is quite sharp on manipulations that can cause gdp to" [X Link](https://x.com/EconChrisClarke/status/1878485580713177381) 2025-01-12T16:53Z [----] followers, 14.3K engagements "Recessions Are Not Inevitable. Australia went [--] yrs without one. Sweden basically went [--] yrs. The last US jobs report strongly shows no recession in in sight. Unemp Permanent layoffs Part-Time Wages . Lots of charts by @EconBerger" [X Link](https://x.com/EconChrisClarke/status/1878557434257805575) 2025-01-12T21:39Z [----] followers, [----] engagements "With TikTok refugees going to RedNote many are comparing middle class American wages with relatively rich Chinese standards of living. Corn is actually twice as affordable in the US compared to China once comparable measures of income are taken into account" [X Link](https://x.com/EconChrisClarke/status/1880399238187872764) 2025-01-17T23:38Z [----] followers, 10.3K engagements "Disentangling inflationary cause & effect is hard. New study finds that peak inflation was nearly all caused by monetary policy. The stimmy checks had worn out. Was it worth it Recessions are bad news & record recovery was caused by stimmies & fed. Tradeoffs. @mfariacastro" [X Link](https://x.com/EconChrisClarke/status/1882239219252531701) 2025-01-23T01:29Z [----] followers, 13.2K engagements "The President gives [--] reasons to justify tariffs. [--]. Immigration [--]. Fentanyl [--]. Large trade deficits. None of them apply to Canada. The phantom of the justification disabuses any likelihood for an end condition. They're here to stay for a while. #trade #tax #trump #tariff #canada #china #mexico #economy #economics #graph #data #data #chart #avocado #guacamole #groceries #inflation" [X Link](https://x.com/EconChrisClarke/status/1886185685272657946) 2025-02-02T22:51Z [----] followers, [----] engagements "So I did a thing last night. Short story: if these tariffs go into place and last the next year the avg American family will have $900 less in purchasing power the economy will grow 0.5% less than the trend and we've undone decades and generations of good will relations and economic mutual cooperation. None of the three reasons the president has given make any sense. 1) 0.1% of the fentanyl comes from Canada 2) We don't have an immigration problem in CA 3) China's trade deficit is 7x larger than Canada yet they give them 2.5x higher tariff" [X Link](https://x.com/EconChrisClarke/status/1886482430464602606) 2025-02-03T18:30Z [----] followers, 17.5K engagements "Why do they keep telling us that the job market is so great Cuz it is. Layoffs are low. But hiring is slow. We're calling it The Great Stay. Nevertheless we still see progress in wages. Real Median Wages are higher than they've ever been" [X Link](https://x.com/EconChrisClarke/status/1888354206857515476) 2025-02-08T22:28Z [----] followers, [----] engagements "Private equity is not "gobbling up" the single family homes. I think I can convince you in less than [--] seconds. They own between 0.5-2% of homes. That's not enough to control the price. What did caused it then Years of lackluster construction. Sources in the link in bio" [X Link](https://x.com/EconChrisClarke/status/1889083510671216733) 2025-02-10T22:46Z [----] followers, 11.5K engagements "The "TRU Unemployment" is a confusingly named index but it does capture roughly the share of the economy that experiences economic hardship. This matches other data. Oh and the OP's thesis can't be true. This measure currently is the lowest on record. Better than the 90's" [X Link](https://x.com/EconChrisClarke/status/1889695971145084945) 2025-02-12T15:20Z [----] followers, 22.2K engagements "According to Ludwig's OWN DATA the economy has never been better He says the "econ data" is bad repackaged it w confusing names then sells doomerism for clicks for an eponymous think tank. If you choose doom over building on progress then it never was about progress was it" [X Link](https://x.com/EconChrisClarke/status/1890487375446323388) 2025-02-14T19:44Z [----] followers, [----] engagements "1776 [----] [----] The one substantive change from English Institutions after our war was eliminating the monarchy. This is definitionally one the least American images one could produce. "CONGESTION PRICING IS DEAD. Manhattan and all of New York is SAVED. LONG LIVE THE KING" President Donald J. Trump https://t.co/IMr4tq0sMB "CONGESTION PRICING IS DEAD. Manhattan and all of New York is SAVED. LONG LIVE THE KING" President Donald J. Trump https://t.co/IMr4tq0sMB" [X Link](https://x.com/EconChrisClarke/status/1892331642292683163) 2025-02-19T21:53Z [----] followers, [----] engagements "When we lack empirical evidence we fill that gap with our ideologies. The claim is a 10% cut in national park employees shouldn't affect services. Any reduction thereof is due to "malicious compliance." But no data is ever presented to justify the claim. @besttrousers I doubt thats true in general or about federal employees in particular. @besttrousers I doubt thats true in general or about federal employees in particular" [X Link](https://x.com/EconChrisClarke/status/1893335785933545986) 2025-02-22T16:23Z [----] followers, 10.3K engagements "We can easily look at private GDP. (C+I+NX). The correlation with regular GDP is [--------] since [----]. A more accurate measure of GDP would exclude government spending. Otherwise you can scale GDP artificially high by spending money on things that dont make peoples lives better. For example you could shift everyone who is building cars to working at the DMV. That would A more accurate measure of GDP would exclude government spending. Otherwise you can scale GDP artificially high by spending money on things that dont make peoples lives better. For example you could shift everyone who is" [X Link](https://x.com/EconChrisClarke/status/1895528532048298127) 2025-02-28T17:36Z [----] followers, 23.5K engagements "The only consistent justification for tariffs is the trade deficit. but tariffs won't fix it. imports supply of dollars exchange rate which exports. Trade deficit remains. What else could do it budget deficit. But instead new budget will increase the debt" [X Link](https://x.com/EconChrisClarke/status/1897460007685538135) 2025-03-06T01:31Z [----] followers, [----] engagements "I know it's fun to pick on Dave Ramsey (& fair for his "I have no moral responsibility cuz God owns it") but owning [--] homes isn't gonna monopolize the market. We've got 90M+ homes in this country. The solution is to build more homes not prevent investment. stitch @maklelan" [X Link](https://x.com/EconChrisClarke/status/1897821289211204079) 2025-03-07T01:27Z [----] followers, [----] engagements "Defunding USAID has the potential to be monstrous. On a scale unfathomable for a civilized rich world. More than the Holocaust or the Holodomor. Elon Musk says that no one has died because he slashed humanitarian aid. I went to South Sudan to check if that's true. It's not. Within an hour of starting interviews I had the names of a 10-year-old boy and an 8-year-old girl who had died because of decisions by wealthy men in Elon Musk says that no one has died because he slashed humanitarian aid. I went to South Sudan to check if that's true. It's not. Within an hour of starting interviews I had" [X Link](https://x.com/EconChrisClarke/status/1901153599365018091) 2025-03-16T06:08Z [----] followers, 25.8K engagements "I enjoy the jokes but honest question: how is this functionally different from paying with a credit card I pay for my π― with the card. I wait for my paycheck then I pay off my credit card before interest accrues. Klarna offers interest free installments. How's it different "Collateralized Burrito Obligations" https://t.co/y2WDusP53y "Collateralized Burrito Obligations" https://t.co/y2WDusP53y" [X Link](https://x.com/EconChrisClarke/status/1903498922129027123) 2025-03-22T17:28Z [----] followers, 39.7K engagements "One man was given the power over tariffs and it resulted in the worst 99.9% of two-day stock performances since [----]. The past two days have been nothing short of historically bad. They have been worse than 99.9% of other trading days since [----]. This was the 5th worst 2-day window for stocks since [----]. It is arguably the singular major drawdown resulting from a policy choice by the President. https://t.co/ErG9bIblZO The past two days have been nothing short of historically bad. They have been worse than 99.9% of other trading days since [----]. This was the 5th worst 2-day window for stocks" [X Link](https://x.com/EconChrisClarke/status/1908295661436665938) 2025-04-04T23:08Z [----] followers, [----] engagements "How would one know what economists aren't telling if you don't know the material taught in the first week of every [---] course "The trade deficit with a given country is not determined only by tariffs and non-tariff trade barriers but also by. comparative advantage." Can a simple caveman lawyer get some help here How would comparative advantage determine a trade deficit @stanveuger @kevincorinth https://t.co/vGDBgp9bEp "The trade deficit with a given country is not determined only by tariffs and non-tariff trade barriers but also by. comparative advantage." Can a simple caveman lawyer get some" [X Link](https://x.com/EconChrisClarke/status/1908704559410930052) 2025-04-06T02:13Z [----] followers, 14.3K engagements "The stupidity is what gets me. There've been genuine criticisms of free trade in the past [---] yrs. This ain't it. From a misapplied fake equation to a fake "chief economist" who doesnt understand comparative advantage to not knowing the basic [---] accounting identity NCO=NX" [X Link](https://x.com/EconChrisClarke/status/1909338394075054113) 2025-04-07T20:12Z [----] followers, 11.1K engagements "@dick_lean @maiamindel And how many of the others paid with a credit card I'm really not seeing the issue so far" [X Link](https://x.com/EconChrisClarke/status/1911946820642832577) 2025-04-15T00:56Z [----] followers, 225.6K engagements "Business books are mostly nonsense fueled by survivorship bias. Truth requires representative samples and careful research. We need an economist. A new book by @FairweatherPhD is a quick walk through economic principles housed in an engaging memoire. My review:" [X Link](https://x.com/EconChrisClarke/status/1912231096319926710) 2025-04-15T19:46Z [----] followers, 13.3K engagements "Trump: "I don't think a beautiful baby girl that's [--] years old needs to have [--] dolls. I think they can have three dolls or four dolls . they don't need to have [---] pencils. They can have five." https://t.co/H9nBN0Eh2q Trump: "I don't think a beautiful baby girl that's [--] years old needs to have [--] dolls. I think they can have three dolls or four dolls . they don't need to have [---] pencils. They can have five." https://t.co/H9nBN0Eh2q" [X Link](https://x.com/EconChrisClarke/status/1919073430533808294) 2025-05-04T16:55Z [----] followers, [----] engagements "NY has elected a socialist mayor before: LaGuardia And he was a Republican. That said government grocery stores won't fix food retail. Cuz food retail already has low competitive profits" [X Link](https://x.com/anyuser/status/1938039045415964760) 2025-06-26T00:58Z [----] followers, [----] engagements ""San Francisco and New York werent uniquethey were just early. Eventually no matter where you are the forces of NIMBYism catch up to you." Newish Brookings Paper by Glaeser & Gyourko show supply curves flattening everywhere since the '70's. LA's are in the dump" [X Link](https://x.com/EconChrisClarke/status/1939806398084522154) 2025-06-30T22:00Z [----] followers, 10.3K engagements "This is really fascinating. Forest and grassland converted to crops in 19th cent. 20th cent urbanization. But also notice some re-forestation in TX and South East. After [----] total forested land is fairly stable. This was a lot of fun to make. Data from @HanqinTian et al" [X Link](https://x.com/EconChrisClarke/status/1942743717494022441) 2025-07-09T00:32Z [----] followers, 29.4K engagements "GenZ is making more money than the rest of us. Good. We still have a lot of inequality. Bad. Even Hayek cared about relative incomes. Good news: Wage growth for bottom 10% is catching up. Median wages arent everythingbut theyre not nothing either. In fact even when we dig into the shortcomings one story remains consistently true: The return to work is at a record high. Median wages arent everythingbut theyre not nothing either. In fact even when we dig into the shortcomings one story remains consistently true: The return to work is at a record high" [X Link](https://x.com/EconChrisClarke/status/1944134135175372947) 2025-07-12T20:37Z [----] followers, 44.6K engagements "Johnny Harris doesn't understand Supply & Demand. He claims bird flu did not hurt supply enough to explain massive price hikes. But if demand is very inelastic the data match the model. I estimate a recent elasticity of 0.17; exactly in line with the research avg of 0.18" [X Link](https://x.com/EconChrisClarke/status/1945995069737283884) 2025-07-17T23:52Z [----] followers, [----] engagements "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. I like the chart below from @ernietedeschi but I also made a slightly different version. I used the absolute value of the error between the 1st and 3rd estimates (I didn't use later benchmarks). I also included a 6-month moving average. Are recent months worse Not noticeably https://t.co/wEFBdLNhai I like the chart below from @ernietedeschi but I also made a slightly different version. I used" [X Link](https://x.com/EconChrisClarke/status/1952436880072658974) 2025-08-04T18:30Z [----] followers, 17.6K engagements "Economist Stephen Moore claims BLS overestimated Biden job numbers by 1.5M. Unfortunately he commits numerous errors. Over Biden's [--] yrs the BLS initially underestimated jobs by 700k from the initial monthly estimate compare to the most recent benchmark. President Trump and economist Stephen Moore display economic charts in the Oval Office following firing of Bureau of Labor Statistics commissioner. https://t.co/rDDd5dJfN2 President Trump and economist Stephen Moore display economic charts in the Oval Office following firing of Bureau of Labor Statistics commissioner. https://t.co/rDDd5dJfN2" [X Link](https://x.com/EconChrisClarke/status/1954346582662639759) 2025-08-10T00:58Z [----] followers, 403.6K engagements "Here are my calculations and discussion https://econchrisclarke.wordpress.com/2025/08/09/economist-stephen-moores-cherry-picked-jobs-claims/ https://econchrisclarke.wordpress.com/2025/08/09/economist-stephen-moores-cherry-picked-jobs-claims/" [X Link](https://x.com/anyuser/status/1954346672743682149) 2025-08-10T00:58Z [----] followers, [----] engagements "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" [X Link](https://x.com/EconChrisClarke/status/1960430810806542395) 2025-08-26T19:55Z [----] followers, [----] engagements "Degrowth Economics can't work. Even Ecuador's consumption is too high. It requires a massive increase in poverty. Impossible to do in a democracy. We need massive green technology investments which even have modest bipartisan support" [X Link](https://x.com/EconChrisClarke/status/1979994065216364712) 2025-10-19T19:32Z [----] followers, [----] engagements "Sen. Rand Paul claims food stamp spending doubled "an alarming trend." But this relies on [--] mistakes. [--]. Graph can't replicate. [--]. Need to Adj for Inflation [--]. Economy is now bigger. [--]. Share of pop on food stamps actually declined. Conclusion: There is no trend. This is an alarming trend. We need to ask ourselves why so many Americans are on SNAP. This is an alarming trend. We need to ask ourselves why so many Americans are on SNAP" [X Link](https://x.com/EconChrisClarke/status/1984299444725301550) 2025-10-31T16:40Z [----] followers, 11.4K engagements "I teach a course on capitalism. I'm always looking for more/better books. It's at the undergraduate level and includes a lot of non-majors so it needs to be accessible. In addition to selection from these books I also feature: Matranga (2024) The Ant and the Grasshopper: Seasonality and the Invention of Agriculture. QJE Allen Bertazzini & Heldring (2023) Economic Origins of Government. AER. Allen (2009) Engels Pause. Exp. In Econ History. Juhasz Sakabe & Weinstein (2024) Codification Technology Absorption and the Globalization of the Industrial Revolution. NBER Working. Naughton (2017) Is" [X Link](https://x.com/EconChrisClarke/status/1985470949349867989) 2025-11-03T22:15Z [----] followers, 56.2K engagements "This is a great video from The Economist. What is still missing is a measure of "median productivity." Avg pay is mostly keeping up with avg productivity. But rightly folks still want to know whether median pay (or min wage) is keeping up with median (or minimum) productivity. How many times do we have to do this https://t.co/LG9Xkm0Qjs https://t.co/5WEhphsFH3 How many times do we have to do this https://t.co/LG9Xkm0Qjs https://t.co/5WEhphsFH3" [X Link](https://x.com/EconChrisClarke/status/1987191734342984146) 2025-11-08T16:13Z [----] followers, 16.2K engagements "What caused The Great Depression I spoke w @WIRED. My favorite part is discussing my G-Grand Father's experience with the WPA. We cover everything from gold standard new deal Friedman Keynes Dust Bowl Wall St crash & refrigeration Give it a watch π§΅/" [X Link](https://x.com/EconChrisClarke/status/1988433798267367884) 2025-11-12T02:28Z [----] followers, 45K engagements "I think Clothing Furniture Food and Housing are all "essentials." All have become more affordable since [----] relative to mean wages. It is fascinating how efficient capitalism is at reducing the price of non essentials and boosting the price of essentials It is fascinating how efficient capitalism is at reducing the price of non essentials and boosting the price of essentials" [X Link](https://x.com/EconChrisClarke/status/2015822743456157750) 2026-01-26T16:22Z [----] followers, 27.4K engagements Limited data mode. Full metrics available with subscription: lunarcrush.com/pricing
@EconChrisClarke Christopher ClarkeChristopher Clarke posts on X about inflation, in the, tariffs, this is the most. They currently have [-----] followers and [---] posts still getting attention that total [-----] engagements in the last [--] hours.
Social category influence finance 35.64% countries 6.93% social networks 4.95% technology brands 4.95% stocks 2.97% currencies 1.98% travel destinations 0.99% celebrities 0.99%
Social topic influence inflation 10.89%, in the 9.9%, tariffs 9.9%, this is 7.92%, food 7.92%, economy 5.94%, market 4.95%, economics 4.95%, more than 3.96%, truth 3.96%
Top accounts mentioned or mentioned by @sndurlauf @ethanbdm @truthzaddy @andrarchy @franciscaantman @aeainformation @aeacswep @aeacsmgep @wustl @khoavuumn @moreperfectus @nntaleb @kevintartis @justinwolfers @elaineliuecon @briancalbrecht @hooverinst @tbpinvictus @ritholtz @wwwojtekk
Top assets mentioned Alphabet Inc Class A (GOOGL) Kroger Co (KR)
Top posts by engagements in the last [--] hours
"Capping credit cards to 10% will cause more harm than help. Consumer credit is competitive. Price controls create shortages. So instead Consumers will use Payday Lenders w 300% interest. While evidence is mixed on banning payday lenders a credit card ban will simply be bad"
X Link 2026-01-24T22:04Z [----] followers, [----] engagements
"New BLS nominee is a good sign. A career of careful research in data measurement. Unlike the partisan and lying EJ Antoni the Republican Senate prevented from taking power we will have competents at our economic data agency. The sector will never produce the same scope quality nor transparency as the government"
X Link 2026-02-02T03:19Z [----] followers, [----] engagements
"In just [--] yrs Guyana went from one of the poorest to one of the richest countries in the world Massive new oil wealth has implications for border disputes with Venezuela. Will they sustain their development and become Norway Or will they fade like Ecuatorial Guinea"
X Link 2026-02-03T03:41Z [----] followers, [----] engagements
"Pareto was wrong. Utility can be cardinal not just ordinal. I've always thought the problem of incomensurability was silly. We all do it every day. Ok is that enough fancy words for one tweet We rarely think of economics as scandalous but maybe we should. Sam Bowles in conversation with @sndurlauf & @ethanbdm argues that a core assumption in the field impedes moral reasoning about wealth redistribution. Watch the full panel https://t.co/OBAwhPCtXX https://t.co/FZPN8dU0yT We rarely think of economics as scandalous but maybe we should. Sam Bowles in conversation with @sndurlauf & @ethanbdm"
X Link 2026-02-04T15:56Z [----] followers, 33.4K engagements
"Bitcoiners discovering Liquidity Preference. My Stepmother Is an Alien (1988). https://t.co/QdkkqoPZaD My Stepmother Is an Alien (1988). https://t.co/QdkkqoPZaD"
X Link 2026-02-06T19:23Z [----] followers, [----] engagements
"Jon Stewart expressed many common misconceptions about what economists believe. We are not market absolutists. Long have we called for environmental regulations. Another John Stuart (Mill) called the environment the "inheritance of the human race there must be regulations.""
X Link 2026-02-16T22:10Z [----] followers, [----] engagements
"@Truth_Zaddy But our scarce resources and time require us to make comparisons every day. I must choose whether to spend an hour with a friend a dog or alone - all very different relationships. Yet time constraints force the comparison"
X Link 2026-02-04T21:15Z [----] followers, [---] engagements
"@andrarchy I'm not dogmatic about any system. I've yet to see a moral system that doesn't have uncomfortable edge cases. But I haven't seen enough criticism of a utilitarian social welfare function to convince me it wouldn't improve the human experience more than the status quo"
X Link 2026-02-04T21:22Z [----] followers, [--] engagements
"Nice. When I taught intermediate micro I used Goolsbee Levitt & Syverson. In their general equilibrium and social welfare sections I don't recall their discussing ordinal/cardinal when differentiating between Pareto Efficiency and Utilitarian Social Welfare Maximizing. How does Varian treat efficiency in that context https://twitter.com/i/web/status/2019500936100806731 https://twitter.com/i/web/status/2019500936100806731"
X Link 2026-02-05T19:58Z [----] followers, [---] engagements
"Tea consumption saved lives in 18th century England. @FranciscaAntman #tea #water #clean #cleanwater #humanity #economy #econtwitter #science #research #history #health"
X Link 2022-02-19T20:35Z [----] followers, [---] engagements
"There are allegations that recent Nobel Philip Dybvig has a long history of sexually harassing Asian students. An anonymous one is [--] yrs old. Another with a named victim surfaced two days ago. These allegations must be investigated. @AEAInformation @AEACSWEP @AEACSMGEP @WUSTL"
X Link 2022-10-16T16:54Z [----] followers, [---] engagements
"New working paper shows building [---] universities in Vietnam lead to higher wages increased firm productivity and an employment shift from agriculture into the service industry. JMP from @KhoaVuUmn & Tu-Ahn Vu-Thanh. #econtwitter #wage #education #labor #research #college"
X Link 2022-11-02T23:46Z [----] followers, [---] engagements
"While housing affordability has worsened over the past decade we are materially far better off today. This is a lesson on the difficulty in comparing pieces across [--] years when quality has improved so dramatically. Part I π§΅ Tell it like it is But is it depression or indenture #TikTok https://t.co/sVgmDT9CI4 Tell it like it is But is it depression or indenture #TikTok https://t.co/sVgmDT9CI4"
X Link 2023-09-05T19:45Z [----] followers, 41.1K engagements
"The viral rent to income video is a lie. I tracked down the original source & methodology. It forgot to adjust HUD's rental data for inflation but did use "real" median income which is adjusted for inflation. While a problematic rent/income gap exists we need to tell the truth"
X Link 2023-09-12T02:12Z [----] followers, 191.3K engagements
"This is why we study economics & not just business. Economists are generally utilitarian treating everyone's happiness equally. Smith also said it best "The interest of the producer ought to be attended to only so far as it may be necessary for promoting that of consumers.""
X Link 2023-09-13T20:49Z [----] followers, 23K engagements
"But did you also control for cost of living"
X Link 2023-12-22T18:19Z [----] followers, 40.1K engagements
"If you look at Figure [--] from the paycheck to paycheck source (Lending Tree) you'll see that only 17.6% have issues paying their bills. The other "paycheck to paycheck" folks have "no issue paying bills". Seems there is a lot of ambiguity in the definition of that phrase. Nobody claims the economy is as bad as [----]. But smugly telling the 60% who live paycheck to paycheck the [---] million in medical debt the half of older Americans who have ZERO in savings & the [--] million who owe $1.7 trillion in student debt weve never had it so good is wrong. Nobody claims the economy is as bad as [----]. But"
X Link 2024-01-08T18:52Z [----] followers, 33.5K engagements
"The middle class has a higher standard of living than theyve ever had"
X Link 2024-01-23T16:04Z [----] followers, 43.4K engagements
"Fast food prices rose a lot faster than overall inflation. Its not because of profits. Its because workers are finally seeing some real gains./π§΅"
X Link 2024-02-06T23:02Z [----] followers, 11.6K engagements
"The fact is libertarians like Hayek & others across the political economy spectrum recognize & advocate for state welfare. The Road to Serfdom says The case for the state organizing a comprehensive social insurance system is very strong. The market alone will never fix poverty"
X Link 2024-02-09T20:40Z [----] followers, 58.2K engagements
"It is illegal to build the housing folks want in most cities in America. Economic research has strongly linked this zoning regulation since the 1970s with lack of construction and higher prices. /π§΅"
X Link 2024-02-16T03:23Z [----] followers, [----] engagements
"The Consumer Price Index (CPI) and the Consumer Expenditure Survey (CES) are two different publications. We cannot use descriptions about how the CES works to disprove the CPI. The tweet is going viral due to data illiteracy and partisanship. 3/ Google that find https://t.co/U9HwDVOUN7 Skim it realize that the measurement is NOT CPI-like (where a fixed basket of goods is priced each month / quarter) but instead a SURVEY of people asking them what they spent (for a NON FIXED basket of goods). 3/ Google that find https://t.co/U9HwDVOUN7 Skim it realize that the measurement is NOT CPI-like"
X Link 2024-02-25T22:01Z [----] followers, 17.8K engagements
"No Wall Street did NOT buy up 44% of single family homes. We need to check sources before spreading misinformation. Only building more houses will fix your housing affordability problem. Everything else is a distraction /π§΅"
X Link 2024-03-12T23:33Z [----] followers, 29.8K engagements
"Governor you are spreading misinformation. Please have your staff spend [--] minutes googling a stat before sharing it on the Internet. Large firms are buying 1-2% of homes NOT 44%. I strongly support free markets. But this corporate large-scale buying of residential homes seems to be distorting the market and making it harder for the average Texan to purchase a home. This must be added to the legislative agenda to protect Texas families. I strongly support free markets. But this corporate large-scale buying of residential homes seems to be distorting the market and making it harder for the"
X Link 2024-03-15T18:39Z [----] followers, [----] engagements
"Nope. This is easy to verify it's false. The Washington Times didn't do their due diligence in checking the Medium blog post's original claims. The real number is 1-2% not 44%. I go through the data and source in π§΅"
X Link 2024-03-26T18:23Z [----] followers, 98.7K engagements
"Economic majors earn a higher salary out of college than any other business related major. Whys that Economics gives you skills that employers are looking for because you can apply it to various different subjects and gives you a different perspective at the market"
X Link 2024-04-05T16:45Z [----] followers, 19.5K engagements
"The $5 footlong only existed because of mass unemployment and a massive recession. The [--] inches for $6 is an Australian advert. ($3.95 USD). For the first time in [--] yrs wage inequality has improved. What do you think a good economy would look like"
X Link 2024-04-07T17:25Z [----] followers, 22.2K engagements
"Wages for fast food workers are rising faster than restaurant prices. All while the profit rates remain constant. Here is a graph for McDs. @MorePerfectUS claims price rise are due to profits. At least w fast food that's not the case. We are seeing exactly what MPU fights forπ§΅ THREAD: Subway used to have $5 footlongs now its $6 six inches. The McChicken used to be $1 now it's almost $3. Taco Bells Beefy 5-layer burrito was $0.89 in [----] now its $3.69. Fast food companies want to blame inflation or the minimum wage going up. Its all a lie. https://t.co/ZhcW7zMLJD THREAD: Subway used to have"
X Link 2024-04-15T15:07Z [----] followers, 40.9K engagements
"A reminder that the $5 footlong only existed because of poverty wages and a historic recession. The fact that less workers earn poverty wages should be celebrated. https://x.com/EconChrisClarke/status/1777024848432333274t=iFxcMsyVg4AMR2UERaQIyA&s=19 The $5 footlong only existed because of mass unemployment and a massive recession. The [--] inches for $6 is an Australian advert. ($3.95 USD). For the first time in [--] yrs wage inequality has improved. What do you think a good economy would look like https://t.co/eGGgV3JzoZ"
X Link 2024-04-15T15:08Z [----] followers, [----] engagements
"There's a time when every economist must address the errors of the perennially cited inflation series from Shadow Stats. They claim that since [----] prices rose over 500% yet when asked can't even name one good that experienced that. I attempt to replicate his flawed method"
X Link 2024-05-29T22:55Z [----] followers, 56.4K engagements
"Eliminating the income tax to replace it w tariffs is not only impossible it increases the tax burden on the poor and middle class while lowering taxes for the wealthy. And even at that it makes everyone worse off - even the rich. Sources links etc. in π§΅"
X Link 2024-06-15T16:46Z [----] followers, 32.6K engagements
"Taking a pattern found in a small personal anecdote and extrapolating it to a universal truth sounds like something Taleb warned us not to do in one of his many thought provoking books"
X Link 2024-07-08T19:46Z [----] followers, 61.2K engagements
"@nntaleb You moved your π₯
. Your original claim is that "Economists are known to be totally useless in the private sector". The fact that Amazon alone hires economists in the hundreds is a counter point worth engaging with. Instead you rely on the petty insults and shifting claims"
X Link 2024-07-08T21:21Z [----] followers, [----] engagements
"Have I unlocked a new Twitter achievement Being noticed by Taleb being insulted by Taleb and then being blocked by Taleb. Oh well. I really enjoyed reading Black Swan a decade ago. Taking a pattern found in a small personal anecdote and extrapolating it to a universal truth sounds like something Taleb warned us not to do in one of his many thought provoking books. https://t.co/Ci6xNogyhi Taking a pattern found in a small personal anecdote and extrapolating it to a universal truth sounds like something Taleb warned us not to do in one of his many thought provoking books. https://t.co/Ci6xNogyhi"
X Link 2024-07-08T21:54Z [----] followers, 47.6K engagements
"Economic research finds rent control benefits higher income earners by converting apartments into expensive condos. Unlike other controversies econ theory [--] yrs of data testing and a simple supply & demand model all tell the same story. We need to π π not mess with prices"
X Link 2024-07-17T22:57Z [----] followers, 82.8K engagements
"A century ago the middle class in England could hire domestic servants. Around 10% of workers were servants. Today it's less than 0.3%. Why Because wages for the poor grew. Similarly today the fast food servants are disappearing (at least their prices are)"
X Link 2024-07-24T00:29Z [----] followers, 11.3K engagements
"Turns out grocery stores are really competitive. Using "gross" profits instead of "net" profits is misleading. It ignores labor costs We need greater rigor from our intellectuals w large platforms to work towards a more competitive market. Kroger: -Had gross profit margins above 20% over the last [--] years -Is using dynamic pricing to gouge us further -Paid its CEO $15 million 502x a typical Kroger employee -Wants to acquire Albertsons so you have nowhere else to shop Corporate greed at its absolute worst. Kroger: -Had gross profit margins above 20% over the last [--] years -Is using dynamic"
X Link 2024-08-26T21:14Z [----] followers, 331.1K engagements
"@KevinTartis Mistaking a genuine debate for dishonesty is a poor way of navigating a disagreement"
X Link 2024-08-26T22:10Z [----] followers, 12.8K engagements
"Pete Jackson's LOTR doesn't feature a viable food supply chain. No farms for the majority settlements of Minas Tirith Edoras or Rivendell. But you know what movie gets it right Shrek"
X Link 2024-09-08T19:57Z [----] followers, 15.4K engagements
"Wasn't the goal to increase employment The tariffs harmed employment once retaliatory effects are considered. @JustinWolfers Actually what matters is tariff design. The washing machine tariffs accomplished their goal which was to raise the price of the machines because they were designed to do so. I predicted you would respond with this because its the go to example for people who have not studied @JustinWolfers Actually what matters is tariff design. The washing machine tariffs accomplished their goal which was to raise the price of the machines because they were designed to do so. I"
X Link 2024-09-12T06:26Z [----] followers, [----] engagements
"This is false. Tariffs increased prices for consumers. They also lower prices for US exporting producers. They didn't save jobs but rather lost jobs. It's one of the few things nearly all economists agree on. The evidence is overwhelming"
X Link 2024-09-13T22:00Z [----] followers, 24.2K engagements
"Deportations lowered demand for π . But they likely lowered the supply of π by even more. Net effect Increased prices. We've tested this. Given that the U.S. stopped π π [--] years ago I'd say it's housing supply not recent immigration demand that is the primary cause. You were promised econ studies on the effects of immigration on house prices. So let's deliver: An important new study finds that more robust enforcement of immigration laws reduces the construction workforce which has led to higher house prices. https://t.co/UQt6imtwJ5 https://t.co/9l8TZkpWd0 You were promised econ studies on"
X Link 2024-10-02T22:08Z [----] followers, 39.7K engagements
"Turns out the rise in π rents (2021) happened BEFORE the surge in immigration (2022). Work from home & strong domestic demand drove the earlier rise in housing rents"
X Link 2024-10-05T19:20Z [----] followers, 21.8K engagements
"Economics still can't predict nor control recessions & inflation very well. But it sure knows a thing about trade. Using a simple Ricardian gravity model of trade along with digitized cuneiform accounting records we have new evidence for the location of lost Anatolian cities"
X Link 2024-10-12T20:51Z [----] followers, 55.5K engagements
"The Nobel goes to Acemoglu Johnson & Robinson for their work on the effects of institutions on long-run economic prosperity. It's not an easy topic to study empirics have advanced since. We also got a few memes out of it over the years"
X Link 2024-10-14T19:46Z [----] followers, [----] engagements
"Sen. Vance claims there are [--] million prime-age men who have dropped out of the labor force. but in reality only 678k did so because they could "not find work." The others are disabled in school or early retired. There aren't enough to replace the 10-25M mass deportations"
X Link 2024-10-16T01:24Z [----] followers, 28.6K engagements
"Oh hey I got cited in a community note. Cool"
X Link 2024-10-27T04:32Z [----] followers, 12K engagements
"The doomer media keeps getting worse. Negative reporting bias distorts our perception of reality. More than ever we need representative samples and food economic data"
X Link 2024-10-27T17:35Z [----] followers, 33K engagements
"Who are economists voting for There are many different views. [--] nobels endorsed Harris. None have endorsed Trump. One worry is the firing of professional civil servants to be replaced by partisan loyalists. This happened in Argentina in [----] leading to [--] yrs of high inflation"
X Link 2024-11-03T22:30Z [----] followers, 17.5K engagements
"@ElaineLiuEcon I've tried it twice. Found it to be a complete waste of time. Despite their ambition they have no framework and no tools. The worst part is they aren't even looking to go to my university. They want to go somewhere "better." I honestly felt like a free-ride personal tutor"
X Link 2024-11-04T16:03Z [----] followers, 24.1K engagements
"Tariffs are protectionary. They act as a barrier to competition. Like many anti-competitive policies they cause monopolies and increase prices. While Trump's small tariffs of [----] didn't cause macro inflation this time they're gonna be a whole lot bigger"
X Link 2024-11-14T17:34Z [----] followers, [----] engagements
"Retaliatory tariffs & global supply chains mean the standard Econ [---] models are too rosey argues @BrianCAlbrecht. It's even worse. In the standard graph domestic producers are winners. In reality most producers lose too. Econ [---] is wrong about tariffs. But not in the way protectionists think. The reality is even worse than what we teach in class. Here's why: https://t.co/tQjzkqzn2u Econ [---] is wrong about tariffs. But not in the way protectionists think. The reality is even worse than what we teach in class. Here's why: https://t.co/tQjzkqzn2u"
X Link 2024-11-15T23:35Z [----] followers, 14.5K engagements
"Will DOGE Department of Government Efficiency solve the nation's deficit No. While I'm hopeful for improvements most gov spending goes to entitlements not the salary's of bureaucrats. Only [--] choices return taxes to 90's level or cut spending on the elderly and poor"
X Link 2024-11-18T22:20Z [----] followers, 10.3K engagements
"60% are living paycheck to paycheck yet real median wages continue to hit records. How do we reconcile this After surveying all sources I find the paycheck to paycheck claim is noisy. It includes rich folks with bad budgeting. In reality it's around 25% who are struggling"
X Link 2024-11-23T23:33Z [----] followers, [----] engagements
"There are limits to natural resource extraction sure. But lumber is a renewable resource. The forested area in the U.S. has been relatively stable for over a century. Anyone who believes in indefinite growth on a physically finite planet is either mad or an economist. - David Attenborough https://t.co/wiOimtWhog Anyone who believes in indefinite growth on a physically finite planet is either mad or an economist. - David Attenborough https://t.co/wiOimtWhog"
X Link 2024-12-03T17:26Z [----] followers, [----] engagements
"Are 97% of California's New Jobs only coming from government No. Lee Ohanian at @HooverInst made a (probably intentional) methodological error. Hoover has since retracted thanks to work done @TBPInvictus over at @Ritholtz blog"
X Link 2024-12-21T21:54Z [----] followers, 14K engagements
"Homelessness is not experienced equally across the nation. It's largely concentrated on the West Coast and New York. Hawaii is higher this year due to the Maui fire happening during the Jan [----] measuring period"
X Link 2024-12-28T00:04Z [----] followers, 20.7K engagements
"The West Coast not only has high homeless they also don't shelter them. NY has double the homelessness rate as CA but they at least provide shelter. Only 34% of CA's homeless have shelter. NY has the best sheltered rate (96%) followed closely by VT & MA. Nationally its 64%. @EconChrisClarke Need an unsheltered homelessness map for comparison. @EconChrisClarke Need an unsheltered homelessness map for comparison"
X Link 2024-12-29T00:11Z [----] followers, 30.1K engagements
"Homelessness is caused by high rents. Far more than mental health or drug use or even general poverty. Mississippi has the lowest homelessness rate While we need more social work support building more housing is our strongest tool to make to the biggest difference"
X Link 2024-12-29T20:29Z [----] followers, [----] engagements
"Jimmy Carter was the great deregulator 4-yrs before Reagan got credit for it. The question to de/regulate is not partisan. Sometimes we need more (old-growth π²); sometimes we need less (NIMBY). Carter showed a non-partisan pragmatic leadership we should emulate more today"
X Link 2024-12-30T22:42Z [----] followers, [----] engagements
"We now have causal real-world analysis that Ozempic and other GLP-1 medications lower snack purchases by 5% (8% if you're rich). Chips & baked goods take the biggest hit. Yogurt & Slim Jim's are unaffected. The decline is about $416 per year per person. Source in π§΅/"
X Link 2025-01-01T00:11Z [----] followers, 11.4K engagements
"Economic degrowth in [----] reduced global carbon emissions by around 5%. With the reduction of GDP this came at a cost of $1700+ per ton. Investing in renewables only costs around $60 per ton. Degrowth is not a serious solution"
X Link 2025-01-02T20:17Z [----] followers, 15.8K engagements
"Taking degrowth seriously requires even the global south to significantly reduce their consumption. Degrowth can't just be the rich. It would require the global middle class to significantly reduce standard of living. We should build green infrastructure & new tech instead"
X Link 2025-01-03T23:41Z [----] followers, [----] engagements
"No single measure of human activity can ever capture the whole picture. That said GDP and GDP per Capita do capture most of the story. @wwwojtekk there is nothing in that chart which is inherently tied to wellbeing. it is a gdp chart. even piketty hardly a marxist is quite sharp on manipulations that can cause gdp to increase without improving living standards. you guys are the religious fundamentalists of econ. @wwwojtekk there is nothing in that chart which is inherently tied to wellbeing. it is a gdp chart. even piketty hardly a marxist is quite sharp on manipulations that can cause gdp to"
X Link 2025-01-12T16:53Z [----] followers, 14.3K engagements
"Recessions Are Not Inevitable. Australia went [--] yrs without one. Sweden basically went [--] yrs. The last US jobs report strongly shows no recession in in sight. Unemp Permanent layoffs Part-Time Wages . Lots of charts by @EconBerger"
X Link 2025-01-12T21:39Z [----] followers, [----] engagements
"With TikTok refugees going to RedNote many are comparing middle class American wages with relatively rich Chinese standards of living. Corn is actually twice as affordable in the US compared to China once comparable measures of income are taken into account"
X Link 2025-01-17T23:38Z [----] followers, 10.3K engagements
"Disentangling inflationary cause & effect is hard. New study finds that peak inflation was nearly all caused by monetary policy. The stimmy checks had worn out. Was it worth it Recessions are bad news & record recovery was caused by stimmies & fed. Tradeoffs. @mfariacastro"
X Link 2025-01-23T01:29Z [----] followers, 13.2K engagements
"The President gives [--] reasons to justify tariffs. [--]. Immigration [--]. Fentanyl [--]. Large trade deficits. None of them apply to Canada. The phantom of the justification disabuses any likelihood for an end condition. They're here to stay for a while. #trade #tax #trump #tariff #canada #china #mexico #economy #economics #graph #data #data #chart #avocado #guacamole #groceries #inflation"
X Link 2025-02-02T22:51Z [----] followers, [----] engagements
"So I did a thing last night. Short story: if these tariffs go into place and last the next year the avg American family will have $900 less in purchasing power the economy will grow 0.5% less than the trend and we've undone decades and generations of good will relations and economic mutual cooperation. None of the three reasons the president has given make any sense. 1) 0.1% of the fentanyl comes from Canada 2) We don't have an immigration problem in CA 3) China's trade deficit is 7x larger than Canada yet they give them 2.5x higher tariff"
X Link 2025-02-03T18:30Z [----] followers, 17.5K engagements
"Why do they keep telling us that the job market is so great Cuz it is. Layoffs are low. But hiring is slow. We're calling it The Great Stay. Nevertheless we still see progress in wages. Real Median Wages are higher than they've ever been"
X Link 2025-02-08T22:28Z [----] followers, [----] engagements
"Private equity is not "gobbling up" the single family homes. I think I can convince you in less than [--] seconds. They own between 0.5-2% of homes. That's not enough to control the price. What did caused it then Years of lackluster construction. Sources in the link in bio"
X Link 2025-02-10T22:46Z [----] followers, 11.5K engagements
"The "TRU Unemployment" is a confusingly named index but it does capture roughly the share of the economy that experiences economic hardship. This matches other data. Oh and the OP's thesis can't be true. This measure currently is the lowest on record. Better than the 90's"
X Link 2025-02-12T15:20Z [----] followers, 22.2K engagements
"According to Ludwig's OWN DATA the economy has never been better He says the "econ data" is bad repackaged it w confusing names then sells doomerism for clicks for an eponymous think tank. If you choose doom over building on progress then it never was about progress was it"
X Link 2025-02-14T19:44Z [----] followers, [----] engagements
"1776 [----] [----] The one substantive change from English Institutions after our war was eliminating the monarchy. This is definitionally one the least American images one could produce. "CONGESTION PRICING IS DEAD. Manhattan and all of New York is SAVED. LONG LIVE THE KING" President Donald J. Trump https://t.co/IMr4tq0sMB "CONGESTION PRICING IS DEAD. Manhattan and all of New York is SAVED. LONG LIVE THE KING" President Donald J. Trump https://t.co/IMr4tq0sMB"
X Link 2025-02-19T21:53Z [----] followers, [----] engagements
"When we lack empirical evidence we fill that gap with our ideologies. The claim is a 10% cut in national park employees shouldn't affect services. Any reduction thereof is due to "malicious compliance." But no data is ever presented to justify the claim. @besttrousers I doubt thats true in general or about federal employees in particular. @besttrousers I doubt thats true in general or about federal employees in particular"
X Link 2025-02-22T16:23Z [----] followers, 10.3K engagements
"We can easily look at private GDP. (C+I+NX). The correlation with regular GDP is [--------] since [----]. A more accurate measure of GDP would exclude government spending. Otherwise you can scale GDP artificially high by spending money on things that dont make peoples lives better. For example you could shift everyone who is building cars to working at the DMV. That would A more accurate measure of GDP would exclude government spending. Otherwise you can scale GDP artificially high by spending money on things that dont make peoples lives better. For example you could shift everyone who is"
X Link 2025-02-28T17:36Z [----] followers, 23.5K engagements
"The only consistent justification for tariffs is the trade deficit. but tariffs won't fix it. imports supply of dollars exchange rate which exports. Trade deficit remains. What else could do it budget deficit. But instead new budget will increase the debt"
X Link 2025-03-06T01:31Z [----] followers, [----] engagements
"I know it's fun to pick on Dave Ramsey (& fair for his "I have no moral responsibility cuz God owns it") but owning [--] homes isn't gonna monopolize the market. We've got 90M+ homes in this country. The solution is to build more homes not prevent investment. stitch @maklelan"
X Link 2025-03-07T01:27Z [----] followers, [----] engagements
"Defunding USAID has the potential to be monstrous. On a scale unfathomable for a civilized rich world. More than the Holocaust or the Holodomor. Elon Musk says that no one has died because he slashed humanitarian aid. I went to South Sudan to check if that's true. It's not. Within an hour of starting interviews I had the names of a 10-year-old boy and an 8-year-old girl who had died because of decisions by wealthy men in Elon Musk says that no one has died because he slashed humanitarian aid. I went to South Sudan to check if that's true. It's not. Within an hour of starting interviews I had"
X Link 2025-03-16T06:08Z [----] followers, 25.8K engagements
"I enjoy the jokes but honest question: how is this functionally different from paying with a credit card I pay for my π― with the card. I wait for my paycheck then I pay off my credit card before interest accrues. Klarna offers interest free installments. How's it different "Collateralized Burrito Obligations" https://t.co/y2WDusP53y "Collateralized Burrito Obligations" https://t.co/y2WDusP53y"
X Link 2025-03-22T17:28Z [----] followers, 39.7K engagements
"One man was given the power over tariffs and it resulted in the worst 99.9% of two-day stock performances since [----]. The past two days have been nothing short of historically bad. They have been worse than 99.9% of other trading days since [----]. This was the 5th worst 2-day window for stocks since [----]. It is arguably the singular major drawdown resulting from a policy choice by the President. https://t.co/ErG9bIblZO The past two days have been nothing short of historically bad. They have been worse than 99.9% of other trading days since [----]. This was the 5th worst 2-day window for stocks"
X Link 2025-04-04T23:08Z [----] followers, [----] engagements
"How would one know what economists aren't telling if you don't know the material taught in the first week of every [---] course "The trade deficit with a given country is not determined only by tariffs and non-tariff trade barriers but also by. comparative advantage." Can a simple caveman lawyer get some help here How would comparative advantage determine a trade deficit @stanveuger @kevincorinth https://t.co/vGDBgp9bEp "The trade deficit with a given country is not determined only by tariffs and non-tariff trade barriers but also by. comparative advantage." Can a simple caveman lawyer get some"
X Link 2025-04-06T02:13Z [----] followers, 14.3K engagements
"The stupidity is what gets me. There've been genuine criticisms of free trade in the past [---] yrs. This ain't it. From a misapplied fake equation to a fake "chief economist" who doesnt understand comparative advantage to not knowing the basic [---] accounting identity NCO=NX"
X Link 2025-04-07T20:12Z [----] followers, 11.1K engagements
"@dick_lean @maiamindel And how many of the others paid with a credit card I'm really not seeing the issue so far"
X Link 2025-04-15T00:56Z [----] followers, 225.6K engagements
"Business books are mostly nonsense fueled by survivorship bias. Truth requires representative samples and careful research. We need an economist. A new book by @FairweatherPhD is a quick walk through economic principles housed in an engaging memoire. My review:"
X Link 2025-04-15T19:46Z [----] followers, 13.3K engagements
"Trump: "I don't think a beautiful baby girl that's [--] years old needs to have [--] dolls. I think they can have three dolls or four dolls . they don't need to have [---] pencils. They can have five." https://t.co/H9nBN0Eh2q Trump: "I don't think a beautiful baby girl that's [--] years old needs to have [--] dolls. I think they can have three dolls or four dolls . they don't need to have [---] pencils. They can have five." https://t.co/H9nBN0Eh2q"
X Link 2025-05-04T16:55Z [----] followers, [----] engagements
"NY has elected a socialist mayor before: LaGuardia And he was a Republican. That said government grocery stores won't fix food retail. Cuz food retail already has low competitive profits"
X Link 2025-06-26T00:58Z [----] followers, [----] engagements
""San Francisco and New York werent uniquethey were just early. Eventually no matter where you are the forces of NIMBYism catch up to you." Newish Brookings Paper by Glaeser & Gyourko show supply curves flattening everywhere since the '70's. LA's are in the dump"
X Link 2025-06-30T22:00Z [----] followers, 10.3K engagements
"This is really fascinating. Forest and grassland converted to crops in 19th cent. 20th cent urbanization. But also notice some re-forestation in TX and South East. After [----] total forested land is fairly stable. This was a lot of fun to make. Data from @HanqinTian et al"
X Link 2025-07-09T00:32Z [----] followers, 29.4K engagements
"GenZ is making more money than the rest of us. Good. We still have a lot of inequality. Bad. Even Hayek cared about relative incomes. Good news: Wage growth for bottom 10% is catching up. Median wages arent everythingbut theyre not nothing either. In fact even when we dig into the shortcomings one story remains consistently true: The return to work is at a record high. Median wages arent everythingbut theyre not nothing either. In fact even when we dig into the shortcomings one story remains consistently true: The return to work is at a record high"
X Link 2025-07-12T20:37Z [----] followers, 44.6K engagements
"Johnny Harris doesn't understand Supply & Demand. He claims bird flu did not hurt supply enough to explain massive price hikes. But if demand is very inelastic the data match the model. I estimate a recent elasticity of 0.17; exactly in line with the research avg of 0.18"
X Link 2025-07-17T23:52Z [----] followers, [----] engagements
"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. I like the chart below from @ernietedeschi but I also made a slightly different version. I used the absolute value of the error between the 1st and 3rd estimates (I didn't use later benchmarks). I also included a 6-month moving average. Are recent months worse Not noticeably https://t.co/wEFBdLNhai I like the chart below from @ernietedeschi but I also made a slightly different version. I used"
X Link 2025-08-04T18:30Z [----] followers, 17.6K engagements
"Economist Stephen Moore claims BLS overestimated Biden job numbers by 1.5M. Unfortunately he commits numerous errors. Over Biden's [--] yrs the BLS initially underestimated jobs by 700k from the initial monthly estimate compare to the most recent benchmark. President Trump and economist Stephen Moore display economic charts in the Oval Office following firing of Bureau of Labor Statistics commissioner. https://t.co/rDDd5dJfN2 President Trump and economist Stephen Moore display economic charts in the Oval Office following firing of Bureau of Labor Statistics commissioner. https://t.co/rDDd5dJfN2"
X Link 2025-08-10T00:58Z [----] followers, 403.6K engagements
"Here are my calculations and discussion https://econchrisclarke.wordpress.com/2025/08/09/economist-stephen-moores-cherry-picked-jobs-claims/ https://econchrisclarke.wordpress.com/2025/08/09/economist-stephen-moores-cherry-picked-jobs-claims/"
X Link 2025-08-10T00:58Z [----] followers, [----] engagements
"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"
X Link 2025-08-26T19:55Z [----] followers, [----] engagements
"Degrowth Economics can't work. Even Ecuador's consumption is too high. It requires a massive increase in poverty. Impossible to do in a democracy. We need massive green technology investments which even have modest bipartisan support"
X Link 2025-10-19T19:32Z [----] followers, [----] engagements
"Sen. Rand Paul claims food stamp spending doubled "an alarming trend." But this relies on [--] mistakes. [--]. Graph can't replicate. [--]. Need to Adj for Inflation [--]. Economy is now bigger. [--]. Share of pop on food stamps actually declined. Conclusion: There is no trend. This is an alarming trend. We need to ask ourselves why so many Americans are on SNAP. This is an alarming trend. We need to ask ourselves why so many Americans are on SNAP"
X Link 2025-10-31T16:40Z [----] followers, 11.4K engagements
"I teach a course on capitalism. I'm always looking for more/better books. It's at the undergraduate level and includes a lot of non-majors so it needs to be accessible. In addition to selection from these books I also feature: Matranga (2024) The Ant and the Grasshopper: Seasonality and the Invention of Agriculture. QJE Allen Bertazzini & Heldring (2023) Economic Origins of Government. AER. Allen (2009) Engels Pause. Exp. In Econ History. Juhasz Sakabe & Weinstein (2024) Codification Technology Absorption and the Globalization of the Industrial Revolution. NBER Working. Naughton (2017) Is"
X Link 2025-11-03T22:15Z [----] followers, 56.2K engagements
"This is a great video from The Economist. What is still missing is a measure of "median productivity." Avg pay is mostly keeping up with avg productivity. But rightly folks still want to know whether median pay (or min wage) is keeping up with median (or minimum) productivity. How many times do we have to do this https://t.co/LG9Xkm0Qjs https://t.co/5WEhphsFH3 How many times do we have to do this https://t.co/LG9Xkm0Qjs https://t.co/5WEhphsFH3"
X Link 2025-11-08T16:13Z [----] followers, 16.2K engagements
"What caused The Great Depression I spoke w @WIRED. My favorite part is discussing my G-Grand Father's experience with the WPA. We cover everything from gold standard new deal Friedman Keynes Dust Bowl Wall St crash & refrigeration Give it a watch π§΅/"
X Link 2025-11-12T02:28Z [----] followers, 45K engagements
"I think Clothing Furniture Food and Housing are all "essentials." All have become more affordable since [----] relative to mean wages. It is fascinating how efficient capitalism is at reducing the price of non essentials and boosting the price of essentials It is fascinating how efficient capitalism is at reducing the price of non essentials and boosting the price of essentials"
X Link 2026-01-26T16:22Z [----] followers, 27.4K engagements
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