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Conversableeconomist.blogspot.com news digest

  • 4 days

    Winter 2026 Journal of Economic Perspectives Freely Available Online

    I have been the Managing Editor of the Journal of Economic Perspectives since the first issue in Summer 1987. The JEP is published by the American Economic Association, which decided back in 2011–to my delight–that the journal would be freely available...

  • 5 days

    When Social Security Went Haywire in the 1970s

    A useful way to look at the generousity of Social Security payments is to look at the “replacement rate” of benefits. This can be calculated in various ways, but a standard approach is to compare Social Security payments that would be received by someone...

  • 9 days

    Tariffs and Inflation: Where Are We?

    One of the predictions made by economists when President Trump announce the start of his freewheeling tariff policies in April 2025 was that the costs of the tariffs would ultimately be passed through to consumers, leading to overall higher inflation...

  • 11 days

    The Liminal Status of US Immigration Policy

    The US Congress has not enacted major changes to US immigration policy since the 1990s, three decades ago. Presidents of both parties have thus become accustomed to enacting immigration by decree, or “executive authority.” However, such policies are...

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