The Trump era has ushered in seemingly unprecedented unity among economists. Each new White House directive invites the collective ire of a profession famous for its fissiparousness https://t.co/VseYfCHRRv ...

Economic Analysis of "Jaws" - The film "Jaws" offers economics lessons [1] Media Mention - "Money Talks" discusses the economics of "Jaws" with @alice_fulwood [1]

Find out what economics lessons @alice_fulwood, @Birdyword and @EthanYWu have learnt from their recent trips to the movies, on this week’s “Money Talks” https://t.co/5BjiBRqSmZ ...

Lights, camera, economics! Join us for the premier of the “Money Talks” film club https://t.co/9ub2L4PD2I ...

Overcoming Uncertainty & Innovation - Uncertainty presents opportunities for innovation, growth, and resilience [2] - Corning's Gorilla Glass exemplifies turning potential financial losses into a revolutionary success, appearing in over 1 billion devices worldwide [2] - Transforming weaknesses into strengths is crucial for navigating uncertainty [3] Personal & Professional Growth - Building confidence and connecting with others are essential for overcoming challenges, such as finding a job on an F1 visa [3] - Mastering the US interview process through research and practice led to securing a research analyst position in New York City [4] - Overcoming initial feelings of inadequacy and self-doubt is key to professional success [5] Economic Analysis & Forecasting - Strong economics background aids in forecasting economic trends and cycles of countries [6] - Analyzing the potential impact of economic relationships between countries, such as Turkey and Russia, can establish expertise [6] - Public speaking and sharing expertise are valuable skills for career advancement [6]

Economic Outlook - Job growth may plateau, historically a negative indicator [1] - Earnings are expected to continue accelerating [1] - AI is driving company efficiency, leading to higher earnings with fewer employees [1] Industry Impact - A seismic shift is occurring in how economic data needs to be interpreted [1] - Many economists may struggle to adapt to the changing economic landscape [1]

From @WSJopinion: Empirical studies confirm a basic idea from economics: If you tax something, the price rises, and people use less of it. We don’t need fancy statistics to see the predictive power of simple supply and demand, writes @BrianCAlbrecht. https://t.co/lw2pElYrU1 ...

International Relations and Geopolitics - The report suggests a potential bilateral meeting between President Putin and President Zelensky as the only way to end the conflict [5] - The discussion involves security guarantees for Ukraine, with the understanding that disagreements over the Digital Services Tax (DST) should not impede conflict resolution efforts [16] - China's oil imports from Russia are considered "suboptimal," while India's increased Russian oil imports and reselling activities are viewed as "unacceptable" due to alleged profiteering [33][34] Economic Policy and Trade - The Treasury Secretary anticipates tariff revenue could reach $300 billion this year and may need to be revised upwards substantially [36][37] - The administration is focused on reducing the deficit to GDP and paying down the debt, potentially using tariff revenue as an offset for the American people at a later point [36][37] - The Digital Services Tax (DST), particularly in countries like Italy, France, and Spain, is considered an unfair tax on US internet companies [13] - The US is pushing back against the DST globally, fearing it sets a precedent for countries like India, Turkey, and Brazil [17] - The administration aims to achieve self-sufficiency in key industries like chips, pharma, steel, and rare earths to avoid vulnerabilities exposed by COVID-19 [20] Monetary Policy and Inflation - The Treasury Secretary will meet with 11 candidates for Jay Powell's replacement after Labor Day [30] - The report mentions that a significant component of the recent PPI number was investment services, reflecting market gains [31] - The Treasury Secretary suggests that cutting rates could stimulate home building, potentially mitigating inflation in the long term [41] Technology and National Security - The administration views restrictions on advanced chip sales to China (like Nvidia's H20) primarily through a security policy lens [19] - The H20 chip is considered less of a national security risk, and the goal is to establish the US standard as the global standard for chips [22] - The US government is considering taking a stake in Intel to stabilize the company and support chip production in the US, but denies plans to force companies to buy Intel chips [26] - The administration aims to reduce the single point of failure in the global economy, where 99% of advanced chips are made in Taiwan, for national security reasons [28]

Core Points - The article discusses the identity and professional background of the blogger known as Ironman, who operates on the Political Calculations site, focusing on investing, business, and economics [1] Group 1 - Ironman is described as potentially having multiple professions, including engineer, researcher, analyst, rocket scientist, editor, and teacher [1] - The article suggests that Ironman may not be a single individual, leaving it to readers to determine the true identity behind the posts and comments [1]

A few factors may explain the persistence of inflation in Anglophone countries https://t.co/fFvXg3Vo8O ...