No Nonsense Economics
Relevant, hype-free insights about what’s happening in the global, U.S., and California economies.
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March 31, 2026/
Our cognitive biases lead us towards negative narratives more than positive ones... that's a problem for economic policy.
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March 4, 2026
When economists amplify claims that are inconsistent with the evidence, we do not close the gap between perception and reality—we widen it.
February 25, 2026
With debt above $40 trillion and deficits projected to widen, the nation is in an increasingly fragile fiscal position.
August 14, 2025
The recent downward revision of U.S. job numbers isn’t a conspiracy; it’s very likely the real deal and reflects an intensifying labor shortage.