David Mullin

No Appointments, No Nurses, No Private Insurance Needed Many health facilities try to avoid Medicaid. A Colorado clinic prefers it.

At a Colorado clinic, neither appointments nor private insurance is desirable—Medicaid is preferred. The clinic sustains itself with no issues. Helen Ouyang reports on what makes this possible, and why cuts to Medicaid won’t greatly affect the practice.

Chart shows the material footprint of the European Union from 2010–2021, focusing on the types and masses of raw materials used in the economy. The vertical axis represents the mass of materials measured in billions of tonnes, ranging from 0 to 7 billion tonnes. The chart shows different categories of materials. The largest segment is non-metallic materials, which account for 50% of the footprint in 2021. This category includes materials like sand, gravel, and limestone used in construction and infrastructure. The second largest category is biomass, comprising 22%. This includes food crops, fuel sources, and wood for energy and construction. Fossil fuels make up 19% and include coal, oil, gas, and peat. The smallest category is metal ores, accounting for 9% of the material footprint. This segment involves metals like copper and iron, which are used to produce goods such as vehicles and electronics. The data source is the European Environment Agency for 2024 .

✍️ New article! What do a tonne of potatoes, gravel, coal, and copper have in common? Not much, except that they all weigh the same, and are treated exactly the same in a metric called the “material footprint”.

White House Moves Toward Settlement With First Public University

Will this settlement be an outlier or precedent for other R1 research universities? Free access article. www.nytimes.com/2025/10/21/u...

Just How Bad Would an AI Bubble Be? The entire U.S. economy is being propped up by the promise of productivity gains that seem very far from materializing.

www.theatlantic.com/economy/arch...

We might be “experiencing an AI bubble,” Rogé Karma argues. “If that bubble bursts, it could put the dot-com crash to shame—and the tech giants and their Silicon Valley backers won’t be the only ones who suffer.”

Walked everyday along those colonnades of the Academical Village to Rouss Hall when it housed the economics department.

Transcript: Christine Lagarde on "Face the Nation with Margaret Brennan," Oct. 19, 2025 The following is the transcript of the interview with Christine Lagarde, president of the European Central Bank, that aired on "Face the Nation with Margaret Brennan" on Oct. 19, 2025.

ECB President Lagarde says so far, consumers are feeling only about a third of the eventual hit from Trump's tariffs. The "two-thirds borne by ... the exporter and the importer is based on a squeeze of their margins," she explains. When that gets "too tight," they'll pass the rest to "the consumer."

College grads from low-income families earn much less than their high-income peers. The differences in the first job post-college explain nearly 2/3 of the earnings gap, from @jscottclayton.bsky.social, Veronica Minaya, C.J. Libassi, and Joshua K.R. Thomas www.nber.org/papers/w34366

Shohei Ohtani Just Played What May Be the Greatest Game of All Time The most talented player in baseball on Friday night delivered the performance that will define him: 10 strikeouts, 3 homers and a place in the World Series.

Greatest baseball game ever played? www.wsj.com/sports/baseb...

Will you return to the U.S. to participate at one of the 2,500 sites?

Why China Built 162 Square Miles of Solar Panels on the World’s Highest Plateau

www.nytimes.com/2025/10/10/b...

Crypto’s Hedge-Appeal Cracks as Gold Wins Big on Debasement Fear For much of this year, Bitcoin had been asserting itself as a new kind of portfolio diversifier on Wall Street — a digital counterpart to gold for mainstream investors looking to hedge against fiscal excess, inflation and more.

Wall Street thought Bitcoin might be a new kind of portfolio diversifier. Crypto's recent selloff has raised questions about that premise

Our guest in this episode is Philippe Aghion! We talk about Marx, Schumpeter, creative destruction, capital accumulation, history, middle income countries, political economy, and more! S1 E10: More Inclusive, More Innovative! with Philippe Aghion from LSE and College de France

Listen: Philippe Aghion on the research ‘goldmine’ he & Peter Howitt found on innovation and economic growth, and why the work of Joel Mokyr is so helpful.

All three now joint Nobel prize winners!

On the POID podcast with Ruveyda Gozen @johnvanreenen.bsky.social

AI’s Copyright War Could Be Its Undoing. Only the US Can End It. The battle over how AI is built — and who gets paid along the way — must be resolved to benefit both art and technology.

The battle over how AI is built — and who gets paid along the way — could ultimately be the industry’s undoing — unless the US figures out a solution

The New York City Office Market Is Roaring Back, and It’s Pricier Than Ever Manhattan office space is leasing at a rate not seen since 2006, while office markets in other cities are plodding along.

The New York City office market is surging, with Manhattan leasing activity in 2025 topping its 2018-2019 levels.

Trump Enacts Tariffs on Imported Lumber and Furniture The new taxes went into effect on Tuesday as President Trump also threatened to widen his trade war with China.

President Trump ushered in new tariffs on imported furniture, kitchen cabinets and lumber on Tuesday, adding a fresh round of levies as he once again threatened to expand his trade war with China.

The Rules of Investing Are Being Loosened. Could It Lead to the Next 1929?

Explore this gift article from The New York Times. You can read it for free without a subscription. www.nytimes.com/2025/10/13/m...

Slowing Electric Vehicle Sales Will Cost G.M. $1.6 Billion General Motors said it would lower its earnings by that amount to mainly reflect the drop in the value of equipment, factories and other assets.

General Motors said Tuesday that it would record a $1.6 billion hit to its earnings, mainly to reflect the drop in value of plants, equipment and other assets related to its electric vehicle operations.

What we die from vs. what we hear in the news.

Terrorism and homicides account for less than 1% of deaths, but for more than half of all media stories about death in the US — whether in the New York Times, the Washington Post, or Fox News.

Obamacare Enrollment by State: Most Enrollees Live in Republican Areas (Gift Article) Millions of Americans depend on Obamacare. Here's where they live.

Explore this gift article from The New York Times. You can read it for free without a subscription. www.nytimes.com/interactive/...

Tracking Trump Tariffs on Countries and Products (Gift Article) See which countries and industries are being targeted by President Trump, as he seeks to remake the global trading system.

Explore this gift article from The New York Times. You can read it for free without a subscription. www.nytimes.com/interactive/...

SCOOP: The Bureau of Labor Statistics is preparing to release the September C.P.I. report despite the shutdown. (Exact date still unclear -- almost certainly not the original Oct. 15 date.) #EconSky #NumbersDay

Federal deficit was $1.8 trillion in FY25, says CBO.gov, $8 bb less than FY24. Revenues increased 6%. Outlays rose 4%. Outlays were higher in largest benefit programs and net interest on the public debt (which surpassed $1 trillion) offset by less spending on student loans, deposit insurance, SBA

The Battle to Rewire Stock Trading the Crypto Way Is On The stock market as we know it is on the brink of a transformation. The crypto industry has long touted the potential for the underlying blockchain technology to make trading more efficient, more liquid and 24X7. Now, firms including Robinhood Markets Inc. and Coinbase Global Inc. are pushing for “a speedy regulatory pathway” to begin that experiment, according to The Information. But at what cost?

The stock market as we know it is on the brink of a transformation as companies such as Robinhood and Coinbase push to put company shares on a blockchain

The Youth Crisis Is Really About the Rise of the NEETs The rising unemployment rate among US workers aged 16 to 24 — it hit 10.5% in August, its highest level in a decade not counting the pandemic years — has added to the worry about the crisis of “disconnected youth,” also known as the NEETs: individuals Not Employed, Enrolled or in Training.

Economists have a name for the crisis of "disconnected youth": They're called NEETs, and we know how to help them

UK becomes BYD’s largest international market after sales surge Chinese carmaker takes market share despite being shut out of subsidy scheme

UK becomes BYD’s largest international market after sales surge on.ft.com/46DLVRx

French prime minister Sébastien Lecornu resigns Macron ally was appointed just three weeks ago

French prime ministers resigns three weeks after appointment on.ft.com/4pXeLDS

chart showing Affordable dwelling stock per 1,000 adults (left axis), and additional affordable homes (right axis): England

Affordable housing stock has fallen drastically relative to population since the early 1980s ⤵️

buff.ly/pQXp2Sc

Yes. My service dog’s hand drawn portrait by J.R. Hess, “Wilson…at Your Service”.

If H‑1Bs “took jobs,” you’d expect lower wages for U.S. grads. The best available studies show the opposite: 1990–2010 H‑1B inflows raised wages of American college grads by 4.2% and non‑college by ~2%, with native employment unchanged.

Think complements, not substitutes.