This blog post accompanies the SDPB Monday Macro segment that aired Monday, August 4, 2025. Click here to listen to the segment, recorded Friday, 8/1, before the announcement of change in leadership at the Bureau of Labor Statistics. Economists talk lots about labor-market conditions in the macroeconomy. And to do so, they use lots of […]
This blog post accompanies the SDPB Monday Macro segment that aired on Wednesday, May 21, 2025. Click here to listen to the show, which begins at 23:40. The debate about trade policy—and specifically, the imposition of across-the-board tariffs for whatever reason—often overlooks the symbiotic relationship between U.S. trade deficits and the U.S. dollar as the […]
This blog post accompanies the SDPB Monday Macro segment that airs Monday, April 7. Click here to listen to the segment, which begins at 1 minute into In the Moment. The U.S. economy is big—like, really big. Consider, for example, Figure 1, in which I illustrate nominal GDP, which measures the market value of all […]
SCHOOLED 