Louis Johnston
banner
ldjeconomics.bsky.social
Louis Johnston
@ldjeconomics.bsky.social

William E. and Virginia Clemens Professor of Economics and the Liberal Arts at the College of Saint Benedict and Saint John's University. Telling the stories of Minnesota's economy, past and present. https://www.csbsju.edu/economics/person/louis-johnston/ .. more

Economics 68%
Political science 20%
Pinned

Reposted by Louis D Johnston

The companies say deal will combine route networks to offer Minneapolis-St. Paul International Airport to more mid-sized markets and vacation destinations.
Minnesota’s Sun Country Airlines to be acquired by Allegiant in $1.5 billion deal
The companies say deal will combine route networks to offer Minneapolis-St. Paul International Airport to more mid-sized markets and vacation destinations.
bit.ly

Reposted by Louis D Johnston

At 8:30 am ET, @usbls.bsky.social delivers what’s usually one of the most-important signals abt how economy is changing

Forecasts’ center:
+73K jobs
Unemployment rate (UR) -0.1 percentage point (pp) to 4.5%
FREY: “.. the administration is sending a message to the entire country: If you show up for your immigrant neighbors, or even are simply present when those neighbors are taken, your rights will not be protected by the law and your life will be at risk.”

@nytimes.com
www.nytimes.com/2026/01/08/o...

"While I cannot take the time to name all the men in the State Department who have been named as members of the Communist Party and members of a spy ring, I have here in my hand a list of 205." Joseph R. McCarthy, February 9, 1950 www.senate.gov/about/powers...
No, Trump is not a fascist ft.trib.al/HUAQv3c
No, Trump is not a fascist
The US leader represents a different kind of political authoritarianism
ft.trib.al

Source: Timothy Snyder (@timothysnyder.bsky.social), On Tyranny: Twenty Lessons from the Twentieth Century timothysnyder.org

"It was an act of domestic terrorism," said Homeland Security Secretary Noem with regard to victim's actions.

This is MAGA:

This is ICE:

Reposted by Louis D Johnston

You can help write the next chapter.

For more than 60 years, HMML has safeguarded the world’s handwritten history. Your gift today continues that story—and is matched through our $75,000 challenge.

Learn more: hmml.org/give

#HMML60 #PreserveAndShare #CulturalHeritage #YearEndGiving #GlobalAccess

Dear god...

Reposted by Aaron Sojourner

Dave Herbert puts the new GDP report into context 👇Bottom line: Growth in 2025 is on pace to be lower than it was in 2024.

open.substack.com/pub/davehebe...
About that 4.3% GDP Growth Rate for Q3...
A lesson in annualized quarterly rates
open.substack.com

An intro to economics student who hasn't read the chapter trying to explain comparative advantage...
HASSETT: We decided to exempt coffee from tariffs

BRENNAN: And coffee prices are up

HASSETT: There's an appetite to exempt things if they're really not meant to be made in the US because of, like, climate or things like that
HASSETT: We decided to exempt coffee from tariffs

BRENNAN: And coffee prices are up

HASSETT: There's an appetite to exempt things if they're really not meant to be made in the US because of, like, climate or things like that

Narrator: Rep. Emmer and Rep. Stauber refused to challenge Gov. Walz for the governorship.
Trump: "What's happening in Minnesota in Somalia where billions is being stolen. Right like candy from a baby. We're not gonna let that go on. Guys like Emmer and Stauber, they're gonna stop it. And they're gonna be given the authority to stop it. This country is not gonna put up with it anymore"

A question for an intermediate macro homework assignment : analyze the points made in this article using the Solow and Romer models. Pay particular attention to the discussion of investment spending www.nytimes.com/2025/12/12/b...
Historic Shift Underway in China’s Economy as Investment Slump Deepens
www.nytimes.com

Reposted by Louis D Johnston

Trump: "What's happening in Minnesota in Somalia where billions is being stolen. Right like candy from a baby. We're not gonna let that go on. Guys like Emmer and Stauber, they're gonna stop it. And they're gonna be given the authority to stop it. This country is not gonna put up with it anymore"

This is nonsense.
Trump is just gonna try to lie his way through it: "You're getting lower prices, bigger paychecks. Inflation -- we're crushing it. And you're getting much higher wages. The only thing that's really going up big is the stock market and your 401ks."

Trump is just gonna try to lie his way through it: "You're getting lower prices, bigger paychecks. Inflation -- we're crushing it. And you're getting much higher wages. The only thing that's really going up big is the stock market and your 401ks."

How a Cryptocurrency Helps Criminals Launder Money and Evade Sanctions
www.nytimes.com/2025/12/07/t...
a black and white photo of two men standing next to each other with the words `` i 'm shocked . ''
ALT: a black and white photo of two men standing next to each other with the words `` i 'm shocked . ''
media.tenor.com

Eliminating four departments cuts $6.74 million.
The football budget is $84.1 million.
I guess that excellence, student success, research, and service = football.

According to the chancellor, eliminating four departments is “Positioning ourselves in a place of financial stability" and this "will ensure we can continue delivering excellence and student success, research and service to communities throughout our state."

Reposted by Louis D Johnston

If ACIP chooses to ignore evidence, when it comes to vaccines, parents and clinicians must ignore ACIP and look to those who continue to offer data-based guidance, especially our medical societies.