Danny Blanchflower

@crampell.bsky.social so many congrats on the new baby
We will miss your insightful comments but sure you will not be silenced
Noting that I have been working on the economics of walking about which essentially is an early read in the lmkt data

Germany is fun….

I am a labor economist who set interest rates
Interfering with the data is inevitably going to backfire as consumers are well able to work out what is going on as are the markets
I call it the economics of walking about so when the economy slows women with kids stop buying clothes for themselves etc

I get nomination forms for the econ nobel
I will not be nominating him......

Trump has made it abundantly clear that any person who dares to tell the truth in any government agency will be fired.

It is also clear when you take a look at his appointees that all are willing and eager to lie for him constantly and effortlessly without remorse or regret.

to clarify for a stupid dumbass uninformed ignorant bonehead of a president
we actually get access to raw data files from the household account from the Current Population Survey used to construct the unemployment rate very quickly
Currently we can get data for June!

data.nber.org/cps-basic3/d...

The dictator was warning Powell and the team that he gets what he wants so they should be warned. Terrifying where the USA is travelling at ever increasing speed.

NFP Disappoint; Revisions Worse - The Big Picture Who would ever have guessed that chaotically deploying a random set of discredited economic policies for 6 months would disrupt the economy and hurt the labor market…? The headline NFP number was a di...

Who would ever have guessed that chaotically deploying a random set of discredited economic policies for 6 months would disrupt the economy and hurt the labor market…?

ritholtz.com/2025/08/nfp-...

Information & Resources

so which economists are there other than Kevin Hassett
never heard of any of the rest...
Pierre Yared
Stephen Miran
Kim Ruhl
DJ Nordquist
Aaron Hedlund
Morris A. Davis
Jonathan Ketcham
www.whitehouse.gov/cea/informat...

yes

yup well said moronomics

The Fed should cut rates because the jobs data is weak. But the jobs data is false, this is the greatest economy ever. They should sack the person who made the bad jobs data. But they should still cut the rates. I think I understand.

Kareem Carr standing outside Harvard School of Public Health moments after his successful PhD defense. He is smiling, dressed in a dark-patterned sport coat and dress pants, leaning casually against a railing. There is a bright red sign over his right shoulder that reads “Harvard T.H. Chan School of Public Health”.

Happy to announce I just defended my dissertation at Harvard and I’m now a PhD.

Trump fired the BLS commissioner because the jobs numbers supported his argument that there should be rate cuts as the labor market is slowing.
He is a dumb moron

Jailbird sings

It has been the honor of my life to serve as Commissioner of BLS alongside the many dedicated civil servants tasked with measuring a vast and dynamic economy. It is vital and important work and I thank them for their service to this nation.

But we have other data we can use

Probably not as long as we keep getting the data but who knows…?

Okay, *now you can start to worry about data being manipulated.

moronic

@deanbaker13.bsky.social on Trump and the Fed:

"It makes zero sense to lower rates if you believe the economy is booming as the Trumpers claim. This is like telling someone you’re driving too fast, push the accelerator harder"

substack.com/home/post/p-...

Presumably he still hasn’t got a job

Big day congrats keep thinking ….

Richard Rusbridger obituary Other lives: Skilled psychoanalyst, supervisor and trainer in private practice for more than 40 years

Richard Rusbridger, a leading psychoanalyst and the best brother anyone could hope for, died earlier this month. Here's his obituary www.theguardian.com/science/2025...

Rising Young Worker Despair in the United States Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, an...

Despair in the United States now declines with age. This is due to the rise in despair among young workers. Find out more here: nber.org/papers/w34071 @sriucl.bsky.social @nber.org @dannyblanchy.bsky.social

To clarify the journal of happiness studies is not a serious journal
As fas as I can tell they have never published any economics or anything much about happiness cited by anyone

For the first time we find a big decline on n young worker wellbeing has driven away the happiness u-shape we think this is a big deal

🧠 Gen Z is not okay. Mental despair among U.S. young people is higher now than it used to be at its traditional midlife peak. This shift is driven by women, and young people in paid work.

Full paper by ‪@alexbryson.bsky.social‬ and @dannyblanchy.bsky.social @nber: www.nber.org/papers/w34071

Have had a paper accepted today at plos one who are great
Same day had a rejection from useless journal of happiness studies took them 9 months to say wouldn’t send to referees
This is about the 7th time they have rejected my papers
Not a serious journal and I have refused to referee for them joke