So Trump rolls out the red carpet for Putin, protects Putin, bullies the Ukrainians for Putin, and in return Putin helps Iranians kill Americans. Trump must act now or the case for him being a Russian asset of some type will be undeniable.

What Trump is threatening to do on tariffs -- what he has already done! -- is completely illegal under the GATT/WTO. By signing the disgraceful Turnberry deal which was also illegal, the EU was helping to destroy the rule-based order. For that reason alone it should not be allowed to resurface.

and yet some escalation would actually be positive, or else the threats (and actions) will get worse. That's how bullies operate. We (@julianhi.nz @ckhead.bsky.social @schularick.bsky.social & I. Méjean) made this point in July, and it only got worse since then: www.kielinstitut.de/publications...

The war will end when Russia stops fighting. Therefore, pressure has to be put on Russia, so that they stop believing that they will win. Why is that so hard to understand?

I have a very bad feeling about this...

MIT holds the line bsky.app/profile/dyna...

This Beaver is super proud of her alma mater www.nytimes.com/2025/10/10/u...

MIT refuses to accept White House terms for funding, other schools still mulling reut.rs/471tkNZ

RFK Jr.'s claim that vaccines didn't save lives, sanitation did, is half right—and dangerously wrong. While sanitation helped in the early 20th century, vaccines saved millions of lives in the later 20th century and reduced severe impairments like brain damage. More in @statnews.com

Posted a short blog post with updated data (and public repo with data) of current state of Econ job market: paulgp.com/2025/10/08/j...

Six of the nine Nobel Prize winners this year work in the U.S. Three of the six were born outside the U.S., which is the pattern most years. No country has benefited more from welcoming immigrants from around the world. www.nobelprize.org

I cannot overstate how remarkable it is that under GOP rule, US federal health regulations have been captured by fringe crackpots who espouse views that the vast majority of the US public—and nearly 100% of health professionals—reject. Gift link:

Trying to explain why international trade is good to an American: okay so imagine a burger (yes this is a real ad on the Canadian embassy in DC)

Florida moves to end vaccine mandates to attend school, the first state to do so. So many own goals across America right now. www.miamiherald.com/news/politic...

Because of Florida's decision to phase out childhood vaccine mandates, many will die of preventable diseases like measles, chickenpox, tetanus, and diphtheria. This is regressive, bringing us back to the early 1950s when parents had to worry that their kids might die from diseases like polio.

Nine former CDC directors, from Bill Foege onward, speak out about the incalculable harm that RFK, Jr. is doing to public health in the US and around the world. Gift link.

Football pundits agree! The only thing worse than VAR is not having VAR. ( see Rayo Vallecano vs Barcelona)

Back-to-school reminder: The market rewards education Average earnings: High school dropout | ### ($35k) High school grad | ##### ($47k) College degree | ######### ($87k) Masters degree | ########### ($106k) Professional degree | ##################($184k)

Doesn't everyone feel overburdened with mitochondrial challenges at the airport though? Those TSA procedures are tough these days.

Firing RFK Jr would unburden a lot of overworked mitochondria in this country

I’m sorry to say but the claim that the US under Trump is going to provide Ukraine with militarily enforced security guarantees, is simply the newest version of the Trump will hit Russia hard with sanctions delusion. Neither will ever happen, but if it makes you feel better….

"Arm Ukraine, expand sanctions, stop the lethal drone swarms, break the Russian economy, and win the war. Then there will be peace."

"It was determined by all..."

The Trump 2 cabinet has so many weirdos

The US Constitution forbids export taxes but I guess this payment isn't a "tax" but a payout....🤔 www.nytimes.com/2025/08/10/t...

most anti-nuclear arguments are unpersuasive (where to put the waste? what about Chernobyl?) but the high cost issue is harder to dismiss www.ft.com/content/5f54...

Lemme just say if President Bernie Sanders had unilaterally imposed, by executive fiat, hundreds of billions of new taxes, personally browbeat executives about job cuts and investments and then fired the head of BLS, the Chamber of Commerce and the business orgs would not be sitting idly by.

Only a flop nation fails to support its brilliant, world-leading mathematicians.

I'm mostly trying to tune out the outside world. (I gave birth a week ago.) But between Trump firing BLS commissioner & suddenly finding an opening on the Fed board, today seems like a dark turning point for the US economy. I fear we've just met 2 horsemen of the turning-into-Venezuela-pocalypse

Economist at right-leaning American Enterprise Institute bsky.app/profile/mich...

My @nytopinion.nytimes.com blog on Trump's egregious and senseless order to fire the BLS Commissioner. www.nytimes.com/live/2025/08...

Here's what Trump's new tariff hikes look like—another 5% on major allies like the EU, Japan, & South Korea. Another 10% on large trading partners like India, Vietnam, & Canada. Some rather insane choices like 39% tariffs on Switzerland, 41% on Syria, and of course 50% on Brazil.

some (myopic) people might say trade policy ought not to be made in a random way. but those people don't realize how hard it is to get an estimate of the tariff elasticity we can agree on.

Motherfucking wind farms…

I consider it a good sign for mental health (and international trade as a field) that people care more about tariffs than Epstein. Journalists take note!

If this is accurate, then unless the EU eliminates all tariffs on industrial imports from all its WTO partners, it will be joining Trump in destroying the international trade rules that have applied since WW2. The difference being that while Trump hates the rule-based order the EU claims to value it

Did the two parties even attend the same meeting? The White House: "The EU will remove significant tariffs, including the elimination of all EU tariffs on U.S. industrial goods exported to the EU" The EC: "Today we have also agreed on zero-for-zero tariffs on a number of strategic products."

Here we make the case against "deals" with the US in favour of counter-tariffs. www.ifw-kiel.de/publications...

This, tragically, is the right away to report on Trump’s moves on Monday which were supposed to be great for Ukraine. Russia now has 50 days impunity to hammer Ukrainian civilians. And there is no guarantee Trump will do anything after that as well.

No, it's not the case that only China is responsible for the large decline in extreme poverty over the past decades. We wrote about it recently: ourworldindata.org/data-insights/was-the-global-decline-of-extreme-poverty-only-due-to-china

As we wake up this morning, Trump is now threatening 30% tariffs on Mexico & the EU. Complete insanity.

It is now clear that average tariffs on August 1 are set to be higher than they were on "Liberation Day." Only a fool would look back to the chaos of early April and conclude that the problem was that the announced tariffs were too small. If you're not worried, you're not paying attention.

two striking things about the rise of PSG to best in world: 1. core players like Hakimi, Vitinha, and Kvaratskelia are barely known by people who don't watch the game closely, 2. at the end of the league phase in 2024, they were ranked 15th in Europe.

There is absolutely no law that allows the President of the United States to unilaterally impose a tariff to interfere with a criminal case in another country.

"the administration is increasingly targeting non-criminals. And when non-criminals are improperly removed, the administration response isn’t to fix its error but instead to insist that the noncriminal has been a criminal all along"

He never tells us what the plan is on anything because there is no plan. But two things we know for sure: 1. Whatever happens that is good news will always be a result of the master plan we were not told about. 2. Whatever happens that is bad news will be Biden’s fault.

If you have 10 minutes to read about trade policy, read the chapter on 7 questions by Andres and Arnaud. If you 20 minutes, also read my chapter (with Thierry, Pauline, and Vincent) on Auto tariffs. @cepr.org