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Talmon Joseph Smith
Posts
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DeepSeek Doesn’t Scare OpenAI, Thanks to the ‘Jevons Paradox’
The economic theory, which traces to 1865, says that as a resource becomes more efficient to use, demand will increase. It came up a lot...
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Can Low Unemployment Last Under Trump?
Hiring has slowed, but joblessness remains at levels defying economic norms. Big policy changes under a new administration could test that resilience.
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Under Pressure, Hyundai Supplier Ends Alabama Prison Labor Contract
The supplier fired dozens of prisoners after some of them said they felt they had no choice but to take those jobs.
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Biden’s Chief Economist Processes the Election With ‘Confusion, Guilt’
Jared Bernstein, the chair of the White House Council of Economic Advisers, was a leading architect of “Bidenomics.”
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Corporate America Bets on a Market-Friendly Trump 2.0
Investors have been comforted by a clear election result and are anticipating tax cuts and deregulation from a second Trump administration.
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Why Cooling Inflation Hasn’t Eased Sticker Shock
The term refers to what we have internalized as the fair price for a product or service. It’s often out of sync with what things...
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With $32 Billion in Aid, Native Americans Push Against History of Neglect
A pandemic relief bill set aside long-term funds for tribal lands that have lacked the tax revenue, and infrastructure, to spur businesses and wealth.
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The labor market shows unexpected strength.
The New York Times - Business: This post first appeared in The New York Times - Business. Read the original article.
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Can Lina Khan Hold On?
Ms. Khan’s term as the chair of the Federal Trade Commission ended Wednesday. In a wide-ranging interview, she discussed her aggressive approach to antitrust and...
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Job Hunting Is a Challenge for Recent College Grads
Unemployment is still low, but job seekers are competing for fewer openings, and hiring is sluggish. That’s a big turnaround from recent years.