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North American Migration Map How States Are Recovering From COVID

How States Are Recovering From COVID

Posted on April 17, 2022 by Tony Lima

You will immediately recognize the problem. GDP growth includes population growth. We almost always look at GDP per capita. Continue Reading →

Posted in California Economy, Economic Data | Tagged covid, economic recovery, featured, state GDP

Elon Musk and Donald Trump on Twitter

Posted on April 16, 2022 by Tony Lima

Twitterer Drew Holden creates then and now threads comparing past and current tweets. His latest is Elon Musk and Donald Trump on Twitter.  Continue Reading →

Posted in Current issues | Tagged Donald Trump, Drew Holden, Elon Musk, featured, twitter
Prof. Kathryn Paige Harden MIT reinstates SAT and ACT for admission

MIT Reinstates SAT and ACT Tests for Admission

Posted on March 28, 2022 by Tony Lima

MIT reinstates SAT and ACT tests for admission.  Below is a thread by Prof. Kathryn Paige Harden describing the research behind this decision. Continue Reading →

Posted in Economic Data, Education issues | Tagged ACT, college admission, featured, Kathryn Paige Harden, MIT, SAT

Restructuring the Municipal Bonds Market

Posted on March 1, 2022 by Tony Lima

Restructuring the municipal bonds market will not work. The proposed change eliminates the tax exemption for muni bond interest. Continue Reading →

Posted in Current issues, Economic policy | Tagged corporate bonds, elasticity of substitution, featured, muni bond, municipal bond, substitutes
Jodi Beggs on menus

Jodi Beggs on Using Old Code

Posted on February 23, 2022 by Tony Lima

Jodi Beggs is an economist based in Boston.  She’s also an accomplished figure skater.  And she’s very funny.  Her thoughts on using old code. Continue Reading →

Posted in Economist "humor" | Tagged Beggs, code, featured, humor
The Wit and Wisdom of Eddy Elfenbein

The Wit and Wisdom of Eddy Elfenbein

Posted on February 5, 2022 by Tony Lima

Eddy Elfenbein is a market analyst who publishes Crossing Wall Street.  He’s also very funny.  Forthwith, the wit and wisdom of Eddy Elfenbein. Continue Reading →

Posted in Economist "humor" | Tagged Crossing Wall Street, Eddy Elfenbein, featured, humor
Census Bureau Backs Down Jason Furman and Ben Casselman

Census Bureau Backs Down

Posted on January 14, 2022 by Tony Lima

Economics Twitter erupted. Ben Casselman, Jason Furman, and Alex Mas led the criticism. And today the Census Bureau backed down. Continue Reading →

Posted in Uncategorized | Tagged census, census bureau, cps, current population survey, featured
Iowahawk banner logo Iowahawk's history of electric cars

Iowahawk on Student Loan Debt

Posted on December 17, 2021 by Tony Lima

Iowahawk (David Burge, @iowahawkblog) has some thoughts on student loan debt.  While I don’t agree with all of them, it’s worth a read. Continue Reading →

Posted in Economic policy, Politics | Tagged featured, iowahawk, student loan, student loan debt
United States of Voronoi David Burge on the Voronoi Tessellatikon

Dave Burge on the Voronoi Tessellation

Posted on December 1, 2021 by Tony Lima

Today’s goodie is for both my readers who chide me for not including enough math.  David Burge on the Voronoi Tessellation. Continue Reading →

Posted in Math Is Hard | Tagged Burge, featured, iowahawk, tessellation, voronoi
Transportation Insurance Inflation’s Big Driver: Transportation

Inflation’s Big Driver: Transportation

Posted on November 27, 2021 by Tony Lima

Part 3 of my series about inflation. Here I’m concerned with inflation’s big driver: transportation. Let’s look at its components. Continue Reading →

Posted in Current issues, Economic Data | Tagged featured, inflation, transportation

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Our Favorite Economist Tony Lima

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Economist Thoughts

TARIFF, n. A scale of taxes on imports, designed to protect the domestic producer against the greed of his customers. — Ambrose Bierce

“Everybody knows that once something is declared a right, the laws of supply and demand are automatically repealed.” – Ben Shapiro, podcast, September 4, 2018

Why I will not use government data from now on

Last Tweets

  • RT @SoquelCreek: @USMiniTru @nypost Everything here in California is "fine." Our government is completely competent & not at all dy… https://t.co/iPImWvZ6ey, 3 hours ago
  • RT @cpgrabow: It's now Q3 2022 and neither ship has been delivered. https://t.co/jVEravERrs, 5 hours ago
  • RT @caseybmulligan: "It’s embarrassing for the leader of the free world to sound like he’s channeling Hugo Chávez." Trump CEA saw this… https://t.co/2Tu0esQ6uk, 20 hours ago
  • RT @DavidBegnaud: This is the man wanted by police following the massacre at a Fourth of July parade in Illinois, today https://t.co/rlFxahViYe, 21 hours ago
  • RT @LakeCoILSheriff: https://t.co/ewkLPlERU1, 21 hours ago

Websites I Like and Use

  • Board of Governors of the Federal Reserve System
  • Federal Deposit Insurance Corporation
  • Federal Reserve Bank of Boston
  • Federal Reserve Bank of Minneapolis
  • Federal Reserve Bank of St. Louis
  • Political Calculations
  • California Pension Tracker
  • Dan Mitchell's Analysis of Tax Issues

My Other Blogs

  • My musings about technology and strategy
  • California Wine Fan
  • Virginia Wine Fan
  • Oregon Wine Fan

GonzoEcon History

Recent Posts

  • Things Used as Bribes in New York to Get a CCW Before NYSRPA v Bruen
  • Turley and Severino on West Virginia v EPA
  • Money, Velocity, Levels, and Changes
  • The 14 United States of Gasoline
  • Casey Mulligan on the Coming Recession.

Recent Comments

  • Inflation Update - GonzoEcon on Inflation, Its Causes, and Money
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  • Things Used as Bribes in New York to Get a CCW Before NYSRPA v Bruen July 4, 2022
    You are allowed to bear arms as well as owning them. Here are the things used as bribes in New York to get a CCW before NYSRPA v Bruen. Continue Reading →
    Tony Lima
  • Turley and Severino on West Virginia v EPA July 1, 2022
    In West Virginia v EPA the majority ruled Congress should stop letting bureaucrats make major decisions. Instead, obey Article 1 Section 1 Continue Reading →
    Tony Lima
  • Money, Velocity, Levels, and Changes July 1, 2022
    Why did velocity decrease during the pandemic? What was the impact on monetary policy? How is the growth rate of M2 related to its level? Continue Reading →
    Tony Lima
  • The 14 United States of Gasoline June 27, 2022
    Are there really 17 different kinds of gasoline blends in the U.S.? In fact, there are currently 14 united states of gasoline. Continue Reading →
    Tony Lima
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