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mwkleinphd.bsky.social
Econ. Prof. @ Fletcher/Tufts, Founder & Exec. Editor EconoFact
62 posts 390 followers 215 following
Prolific Poster

Trump's tariffs & Biden's Build Back Better are responses to the fall in #manufacturing employment share: 35% in 1970, 8% today. Can manufacturing be revived and offer a path to the middle class? Robert Lawrence of @harvardkennedy.bsky.social in @econofact.bsky.social econofact.org/podcast/can-...

The Fed kept rates steady partly because of heightened uncertainty. @nickbloom.bsky.social of @stanforduniversity.bsky.social developed uncertainty indexes. US policy uncertainty has spiked, it's higher than at any time, even onset of COVID. Nick explains this index in econofact.org/understandin...

#SocialSecurity is the 3rd Rail of American Politics. Without changes, benefits will have to cut benefits by 1/5 in 8 years. What can be done, and, if nothing, who will get shocked? @gsgoda.bsky.social discusses in @econofact.bsky.social Chats econofact.org/podcast/the-...

Tufts Now, the university's alumni publication, publishes my @econofact.bsky.social memo on international trade. now.tufts.edu/2025/04/23/h...

Countries are not "ripped off" when they run a trade deficit with another country. Bilateral trade accounts can be very misleading. My newest Econofact memo explains these basic economic points - basic but worth recounting given current policies. econofact.org/does-interna...

Larry Edelman in the Globe. Nixon and Trump both tried to buck market forces. Nixon failed. So will Trump. I’m quoted about trade deficits and there’s a link to an original EconoFact post I wrote with @mchinn.bsky.social www.bostonglobe.com/2025/04/04/b...

Are we headed to a slower economy and faster rising prices? @markzandi.bsky.social of Moody's Analytics discusses the impacts of the Administration's policies, and policy uncertainty, in this new @econofact.bsky.social Chats episode. econofact.org/podcast/look...

Treasury Sec. Bessemer says he & Trump want the 10 year Treasury yield to come down. Wishing don’t make it so. Ken Kuttner discusses in this new @econofact.bsky.social memo econofact.org/the-10-year-...

Support @econofact.bsky.social, fight disinformation, & make better financial decisions! 1st AMA webinar for Premium Subscribers ($50/yr.) on 3/26 at noon. John Campbell will answer questions about the stock market, housing prices, the economy and your finances. secure.touchnet.net/C21525_ustor...

Gold's current price, >$3,000/oz, is 40% higher than in Dec. 2023. Charles Collyns and I did some original research to figure out why the price of gold has been surging and report results in this new @econofact.bsky.social memo (spoiler alert: spiking uncertainty). econofact.org/why-has-the-...

The economy has weakened considerably since The Economist magazine declared it was the “envy of the world” last October. EconoFact Chats hosted Binyamin Appelbaum, Heather Long, Scott Horsley and Greg Ip to discuss the economy under Trump 2.0. econofact.org/podcast/tari...

We’ve seen this movie before. Tariffs and retaliation that hurts American farmers. @mchinn.bsky.social in @econofact.bsky.social from 2018. econofact.org/threats-to-u...

Luigi Zingales (U. Chicago) discusses the deep economic problems that arise when people are rewarded for who you know, or even, who you pay off, rather than what you know, or your ability to produce and sell better goods and services in this new EconoFact Chats episode econofact.org/podcast/cost...

From 2000 to 2023, the US-born working-age population has shown a dramatic slowdown in growth, and eventually a decline. econofact.org/immigration-...

Presidential pressure on the Fed isn’t new. It used to be through personal meetings. Now it’s through tweets. In either case it’s inflationary, as this new @econofact.bsky.social memo shows mailchi.mp/econofact/ho...

For $50/year (do the math; < $1/day) you can be a Premium Subscriber to @econofact.bsky.social . Membership has its privileges - Weekend Readings and monthly Ask Me Anything. But the most important benefit is to keep EconoFact viable at this vital juncture. secure.touchnet.net/C21525_ustor...

Tufts Now published my @econofact.bsky.social podcast with my @fletcherschool.bsky.social colleague Chris Miller on #AI. now.tufts.edu/2025/02/27/h...

The US lags behind other rich countries in health outcomes @econofact.bsky.social contributions by Amy Finkelstein, @michaelkremer.bsky.social @melissakearney00.bsky.social @marksheppard.bsky.social & @willmasters.bsky.social cited in this @econofact Weekend Reading eepurl.com/i-sJU-/

Traffic congestion - a classic economic externality with a standard solution; pay the social cost. NYC has its new congestion pricing but Trump wants to end it. Charles Collyns of @econofact.bsky.social explains these fees and reviews internal experiences econofact.org/can-congesti...

Can DeepSeek train AI at a fraction of the cost of ChatGPT? The announcement saw the market value of the NVIDIA by $500b. What is the future of AI, and of its impacts? Chris Miller of @fletcherschool.bsky.social discusses in @econofact.bsky.social podcast econofact.org/podcast/on-t...

What’s the scope for cutting Government spending? DOGE is only nibbling at the (selective) edges. @econofact.bsky.social Weekend Reading discusses eepurl.com/i9XGL-/

Policies have unintended consequences. What have been the consequences of the repeal of #ROEvWADE? @davidslusky.bsky.social & Lilly Springer (Kansas) compare states with & w/out abortion bans in a new @econofact.bsky.social memo. econofact.org/what-effects...

Me on #tariffs in Tufts Now now.tufts.edu/2025/02/10/w...

Don’t they later? President Trump on Sunday said that he would impose a 25 percent tariff on all foreign steel and aluminum imports into the United States starting Monday. @kadeeruss.bsky.social & Lydia Cox show ratio of jobs that use to make steel is 80:1. econofact.org/steel-tariff...

SuperBowl - for every player on the field or sidelines there are >50 D1 players who didn’t make the NFL & 38% didn’t graduate. Median annual deficit at 130 most commercialized D1 programs = $19 million. Andy Zimbalist @smithcollege.bsky.social in @econofact.bsky.social econofact.org/podcast/the-...

As USAID gets gutted our @econofact.bsky.social Weekend Reading on how foreign aid helps poor countries - and the US. eepurl.com/i9nYDE featuring work by Stephen O’Connell of @swarthmorecollege.bsky.social and Lant Pritchett

Trump lashed out at the #FederalReserve last week when it didn’t drop rates. Political interference in monetary policy has a long and sorry history. My @econofact.bsky.social memo shows why. econofact.org/leaning-on-t...

The core relationship between temperature and greenhouse gas emissions can be analyzed using standard statistical methods used in economics, with no need for a complex climate model. This analysis provides external validation of climate models indicating anthropogenic global warming.

Exempting tips from taxes does nothing to help most low-income workers, and it may do little for many tipped workers—or even actively harm them. econofact.org/tip-off-the-...

Tariff Retaliation was ugly before and will be again. @mchinn.bsky.social on @econofact.bsky.social discussed what happened in the first Trump Administration to Agriculture. econofact.org/threats-to-u...

Biggest own-goal economic policy ever? Maury Obstfeld of @piie.com on problems with #tariffs in this @econofact.bsky.social podcast. econofact.org/podcast/what...

The government has cancelled DEI and Target, Amazon, Meta, and McDonald’s have rollbacked their DEI programs. What are the arguments for redressing historical racism through DEI? @econofact.bsky.social curates its content on this topic in this Weekend Reading. mailchi.mp/econofact/ra...

Climate change has increased the number & severity of storms , wildfires, hurricanes , etc.. home insurance has become expensive or unavailable imperiling many people’s biggest asset. David Marlett of @appstatefb.bsky.social explains in @econofact.bsky.social econofact.org/the-perfect-...

@econofact.bsky.social & The Journalist's Resource of the @shorensteinctr.bsky.social co-hosted a webinar on #tariffs w/ @douglasirwin.bsky.social (@dartmouthartsci.bsky.social) Lydia Cox (Wisconsin) & @alexgoldmark.bsky.social (@planetmoney.bsky.social). See journalistsresource.org/economics/tr...

Does USA benefit from global governance? Which Americans benefit? @drodrik.bsky.social on who sets rules, who benefits, and his proposals with @josephestiglitz.bsky.social for more equitable global governance in @econofact.bsky.social podcast econofact.org/podcast/reth...

Trump is in LV promoting no taxes on tips. Exempting tips from taxes does nothing to help most low-income workers, and it may do little for many tipped workers—or even harm them as @billgale.bsky.social & Ian Berlin of @brookings.edu discuss in @econofact.bsky.social econofact.org/tip-off-the-...

Public policy long disfavored Blacks and Hispanics. @billgale.bsky.social quotes LBJ “It’s not a fair race if the starting lines are different” in this @econofact.bsky.social podcast chronicling the litany of discriminatory practices econofact.org/podcast/fisc...

#EconoFact & #TheJournalist'sResource hosted a webinar on tariffs with @douglasirwin.bsky.social Lydia Cox, and @alexgoldmark.bsky.social . You don't have to be a journalist to watch the video www.youtube.com/watch?v=YI-v...

People, especially younger people, are moving out of states with abortion bans. @econofact.bsky.social published this memo by @jasonlindo.bsky.social @danieldench1.bsky.social Kelly Lifchez & @econling.bsky.social drawing on their original research econofact.org/do-state-abo...

What basic economic lessons should the new Administration know-and act on? Greg Mankiw discusses how lessons from his bestselling textbook should inform policy in this new @econofact.bsky.social chats episode econofact.org/podcast/prin...

Our @econofact.bsky.social Weekend Reading today curates some of our work related to the terrible devastation of the LA fires. mailchi.mp/econofact/th...

The finances of most colleges & universities face negative prospective impacts from stated policy initiatives by the incoming Administration. Phil Levine notes that expanding the endowment tax rate to 35% could cost each highly endowed institution upwards of $250m/year. econofact.org/what-is-at-s...

Trump said colleges should be reclaimed from "Marxist maniacs" and Vance has described universities as "the enemy." Will Higher Ed take a financial hit under Trump II? Phil Levine (@wellesleycollege.bsky.social) discusses what is at stake in @econofact.bsky.social econofact.org/what-is-at-s...

An annual point-in-time survey of the homeless population shows the highest number ever in January 2024, up 18% from 2023 and 32% from 2022. An American moral failure? Charles Collyns discusses the new HUD homelessness report in @econofact.bsky.social econofact.org/why-has-the-...

Continuing our series of Nobel Laureates featured in @econofact.bsky.social podcasts; Simon Johnson on when technology goes bad econofact.org/podcast/the-...

Continuing a series of Economics Nobel Laureates on @econofact.bsky.social podcast, EconoFact Chats. Claudia Goldin on women's journey to economic equality, citing I Love Lucy, Perry Mason, Father Knows Best, Mary Tyler Moore, and 50 Rock (and some statistics, too). econofact.org/podcast/care...