David Mullin
@rdmullin.bsky.social
610 followers 270 following 1.4K posts
PhD Economist, Certified Public Accountant, Academic. My Service Dog is Wilson.
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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.
Reposted by David Mullin
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."
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.
www.cbsnews.com
Reposted by David Mullin
NBER @nber.org · 1d
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
Will you return to the U.S. to participate at one of the 2,500 sites?
Reposted by David Mullin
Reposted by David Mullin
Reposted by David Mullin
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.
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.
nyti.ms
Reposted by David Mullin
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.
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.
nyti.ms
Reposted by David Mullin
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.
Reposted by David Mullin
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
Reposted by David Mullin
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
Reposted by David Mullin
Affordable housing stock has fallen drastically relative to population since the early 1980s ⤵️

buff.ly/pQXp2Sc