Daniel Shoag on the Housing and Migration Challenge
These remarks were delivered on May 8, 2024 at The Austin Symposium.
Economic Dynamism

The Causal Effect of News on Inflation Expectations
This paper studies the response of household inflation expectations to television news coverage of inflation.
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The Rise of Inflation Targeting
This paper discusses the interactions between politics and economic ideas leading to the adoption of inflation targeting in the United States.

Ignore 'Open Letters' From Economists
Don’t be swayed by “open” letters signed by well-known and well-respected scholars, experts, professors, and businessmen.

Demystifying the New Deal
Carola Binder reviews False Dawn: The New Deal and the Promise of Recovery, 1933–1947 by George Selgin

Don’t Choose Your Own Adventure: Understanding Middle-Class Earnings Trends
Measuring these trends is complicated, but the results of wage gains are encouraging.

The Tariff Debacle Is Renewed
Trump adopts a novel version of the “unitary executive” theory that allows him first to declare the emergency and then prescribe the remedy for it, all without either judicial oversight or Congressional authorization.

