We now have congressional district level estimates showing rising out-of-pocket premiums due to expiring premium tax credit enhancements. A 60-yr-old couple making $85k would pay $6.7k to $50k more annually. Explore our interactive map w/ downloadable data: tinyurl.com/5e826bvp

Lower mortgage rates may help to explain the surge in new home sales in August to their highest since January 2022, although home builders are not confident that this strength will be sustained

While there is still plenty of debate about the extent to which the economy overall requires rate cuts, one sector that is screaming out for them is homebuilding, with the National Association of Home Builders Sentiment Index still well below the long-run average

Among other results from Yale’s CEO poll, 80% said the White House pressure on the Federal Reserve wasn’t in the best long-term interests of the U.S., and 71% said Trump has weakened the Fed’s independence.

-Fortune

fortune.com/2025/09/19/c...

Stares in Minimax Regret
www.techradar.com/ai-platforms...

“In Finland, the number of homeless people has fallen sharply. Those affected receive a small apartment & counselling with no preconditions. 4 out of 5 people affected make their way back into a stable life. And all this is CHEAPER than accepting homelessness.”

It costs a lot less to house people.

That's bad, fam.

The Department of Energy hired five academics to raise doubts about climate change. 85+ climate experts (organized by @andrewdessler.com) reviewed their report. Our conclusion, detailed in 450 pages of analysis: it is biased, full of errors, and not fit to inform policy making.

Disparities in income continue to leave families of color with children disproportionately vulnerable to poverty. Black & Hispanic children remain 3 times as likely as their white peers to suffer poverty. #EconSky #NumbersDay

EY (Ernst Young) Chief Economist @gregdaco.bsky.social on the importance of federal economic statistics.
www.linkedin.com/posts/gregor...

POTUS says America benefits from at least some immigrants coming and working here, even if they lack legal authorization to work, and that their mass deportation is harmful.

Who knew the economy could be so complicated?

Some thoughts on Kotz et al. (2024) open.substack.com/pub/richardt...

Breaking news! Federal Judge blocks the Trump administration’s attempt to remove Governor Cook from Federal Reserve Board. www.wsj.com/economy/cent...

Round one goes to Fed Independence over Trump Interference.

A federal judge ruled that Lisa Cook is "substantially likely" to prevail in her argument that Trump can't arbitrarily fire her, so she stays a Fed Governor while the case works its way through the courts

www.wsj.com/economy/cent...

"We think that we can probably produce 30% of the rare earths needed by Europe just by recycling end of life motors and other equipment"

Which is why Green Deal policies and security of provisioning go hand in hand

www.bbc.com/news/article...

open.substack.com/pub/nicholas...

New paper out in @science.org!

“Brain drain” or “brain gain”?
Effects of high-skilled international emigration on origin countries

doi.org/10.1126/scie...