Louis Johnston
@ldjeconomics.bsky.social
320 followers 680 following 540 posts

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%
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Reposted by Louis D Johnston

ocanannain.bsky.social
Pope Leo XIV encouraged international news agencies on Thursday to stand firm as a bulwark against the “ancient art of lying” and manipulation, as he strongly backed a free, independent and objective press
Pope urges news agencies to stand as bulwark against lies, manipulation and post-truths
Pope Leo XIV has encouraged international news agencies to stand firm as a bulwark against the “ancient art of lying” and manipulation.
apnews.com

ldjeconomics.bsky.social
Menzie is making an important point about recession dating. Read his post, then read how the NBER dates recessions: www.nber.org/research/bus...
belongia.bsky.social
"No vaccine was tested more extensively than the RNA vaccines, and no vaccine was given to more people than the mRNA vaccines, & they were found to be incredibly safe...and effective. They saved 20 million lives, & they stopped a pandemic that was shutting down the world."
-Drew Weissman

Reposted by Louis D Johnston

jackspeer1.bsky.social
Before you amp up the vitriol on this issue, on either side of the political spectrum , you might want to watch a true leader dealing the country’s divide more than 50 years ago. Sadly Americans ignored his message. Hopefully not again. youtu.be/A2kWIa8wSC0
Indianapolis, 1968: Bobby Kennedy, Martin Luther King and a historic call for peace
YouTube video by Robert F. Kennedy Human Rights
youtu.be

josephzeballos.bsky.social
Former top Fed official Sarah Bloom Raskin to me on Miran keeping a foot in WH if he serves at the Fed:

“This dual-reporting structure is exactly the opposite of independence. I would predict that a clear-eyed Senate would view this proposed arrangement as… a show stopper” qz.com/stephen-mira...
Trump's pick for key Fed slot won't give up White House job
Stephen Miran says he’ll take only unpaid leave from the White House if confirmed to the FOMC — a plan a former official called “the opposite of independence”
qz.com

Reposted by Louis D Johnston

mclem.org
Every American should read this. Americans are wise and we can recognize the voice of nonpartisan integrity. Purging our public service of people like Susan Monarez will harm all Americans.

lizzielizliz.bsky.social
Mayor Brandon of Chicago responds to a question from a reporter if pushing back will make things harder?

“Can you imagine if my ancestors would have had the same rationale? Let’s not fight against the Confederacy. Let’s just try to get along, and maybe one day they’ll give us our freedom?”

carlquintanilla.bsky.social
YELLEN: “.. Trump’s attempted sacking of Cook should be met with outrage, not with shrugs. .. And the financial community must raise its voice against a direct assault on the credibility of the dollar itself.”

@financialtimes.com
www.ft.com/content/d2ea...

ldjeconomics.bsky.social
He has no idea what he's talking about...
atrupar.com
Lutnick: "The Department of Commerce is going to start issuing its statistics on the blockchain, because you are the crypto president."
atrupar.com
Lutnick: "The Department of Commerce is going to start issuing its statistics on the blockchain, because you are the crypto president."

bencasselman.bsky.social
Just received this statement from Lisa Cook:
"President Trump purported to fire me 'for cause' when no cause exists under the law, and he has no authority to do so. I will not resign. I will continue to carry out my duties to help the American economy as I have been doing since 2022."
bencasselman.bsky.social
President Trump said he is firing Lisa Cook, a Federal Reserve governor, "effective immediately." It's his most direct assault yet on Fed independence -- and a step that it is far from clear he can legally take.
www.nytimes.com/2025/08/25/u... #EconSky
Trump Says He Is Removing Lisa Cook From Federal Reserve Board
www.nytimes.com
bencasselman.bsky.social
President Trump said he is firing Lisa Cook, a Federal Reserve governor, "effective immediately." It's his most direct assault yet on Fed independence -- and a step that it is far from clear he can legally take.
www.nytimes.com/2025/08/25/u... #EconSky
Trump Says He Is Removing Lisa Cook From Federal Reserve Board
www.nytimes.com
kairyssdal.bsky.social
It’s hard to overstate how big a deal this is - for the economy (ours and globally), for the rule of law, and for the proper and efficient function of government.

www.nytimes.com/live/2025/08...
Trump Administration Live Updates: President Says He Is Removing Lisa Cook From Federal Reserve Board
www.nytimes.com