Economics

Economics

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Trung Phan on Twitter
Trung Phan on Twitter
“Tariff engineering is fascinating. Take Converse Shoes: a fuzzy fabric covers large sections of the sole, but it’s not for fashion reasons. The placement of the fuzzy material classifies the shoe as a slipper, which has a much lower import duty (<5%) than for wholly rubber sole…”
derek68·twitter.com·
Trung Phan on Twitter
The risks posed by July Fourth fireworks
The risks posed by July Fourth fireworks
U.S. July Fourth celebrations come as Americans grapple with air quality and wildfire concerns. Fireworks increase the risk of both, leading some cities to change their plans for the holiday
derek68·reuters.com·
The risks posed by July Fourth fireworks
Victor Matheson on Twitter
Victor Matheson on Twitter
“Most of the stadium public finance research, including mine, has focused on construction subsidies, but this is a good reminder that they are only part of the welfare programs for billionaires lavished on sports team owners.”
derek68·twitter.com·
Victor Matheson on Twitter
U.S. leading indicators point to recession starting soon
U.S. leading indicators point to recession starting soon
An index designed to track turns in U.S. business cycles fell for the 15th straight month in June, dragged down by a weakening consumer outlook and increased unemployment claims, marking the longest streak of decreases since the lead-up to the 2007-2009 recession.
derek68·reuters.com·
U.S. leading indicators point to recession starting soon