David Mullin
@rdmullin.bsky.social
PhD Economist, Certified Public Accountant, Academic. My Service Dog is Wilson.
Reposted by David Mullin
December 2, 2025 at 5:56 PM
Reposted by David Mullin
Social Security is on the brink of insolvency, and every further delay makes the fix more difficult.
Washington Must Break Its Promise on Social Security
If there’s one thing Democrats and Republicans have agreed on in recent years, it’s to ignore the rapidly deteriorating finances of Social Security and keep its unsustainable benefits intact. The longer they dither, the worse the problem will get.
bloom.bg
December 1, 2025 at 11:15 AM
Social Security is on the brink of insolvency, and every further delay makes the fix more difficult.
Reposted by David Mullin
New homes have given up the premium they typically command in the market over existing houses. That’s bad news for homeowners hoping to sell at a decent price
A Historic Housing Disconnect Is Forcing Prices Down
When new homes start selling at a discount to re-sale houses, it’s time to sit up and pay attention. Apollo Global Management’s Chief Economist Torsten Slok noted the anomaly in a recent note , the first time it’s happened in more than five decades.
bloom.bg
December 1, 2025 at 11:30 AM
New homes have given up the premium they typically command in the market over existing houses. That’s bad news for homeowners hoping to sell at a decent price
MSN
www.msn.com
November 25, 2025 at 5:20 PM
Reposted by David Mullin
More than usual, the next Fed meeting could be summarized as "WWJD"—What Will Jerome Decide?
Allies have laid the groundwork for Powell to push thru a cut if he wants one—then signal more cuts aren't likely under current conditions
A look at his choices
www.wsj.com/economy/cent...
Allies have laid the groundwork for Powell to push thru a cut if he wants one—then signal more cuts aren't likely under current conditions
A look at his choices
www.wsj.com/economy/cent...
Fed Chair Powell’s Allies Provide Opening for December Rate Cut
A divided committee, missing data and a whiff of stagflation leave Powell to choose between two paths—each with drawbacks
www.wsj.com
November 25, 2025 at 3:08 AM
More than usual, the next Fed meeting could be summarized as "WWJD"—What Will Jerome Decide?
Allies have laid the groundwork for Powell to push thru a cut if he wants one—then signal more cuts aren't likely under current conditions
A look at his choices
www.wsj.com/economy/cent...
Allies have laid the groundwork for Powell to push thru a cut if he wants one—then signal more cuts aren't likely under current conditions
A look at his choices
www.wsj.com/economy/cent...
Reposted by David Mullin
My interview with Joe Stiglitz in which we talk about, among other things, how bankruptcy and intellectual property laws were structured to make billionaires richer cepr.net/publications...
The Economy After the September Jobs Report
The September jobs report shows weak job growth, higher unemployment, and a cooling labor market driven mostly by healthcare gains.
cepr.net
November 22, 2025 at 6:41 PM
My interview with Joe Stiglitz in which we talk about, among other things, how bankruptcy and intellectual property laws were structured to make billionaires richer cepr.net/publications...
Reposted by David Mullin
There’s only one good way to clean a refrigerator, and it sucks. But with just three cheap accessories, you won’t have to do that ever again. (Or at least, not very often.)
The 3 Cheap Accessories I Use to Avoid Cleaning My Fridge
Cleaning a fridge is no fun, but you can avoid it with just a few cheap, flexible fridge mats, shelf liners, and tea towels.
nyti.ms
November 22, 2025 at 8:40 PM
There’s only one good way to clean a refrigerator, and it sucks. But with just three cheap accessories, you won’t have to do that ever again. (Or at least, not very often.)
Reposted by David Mullin
Why’s the Fed so divided right now? Because 3% inflation is close enough to 2% that some say we’re basically there (especially if you strip out tariffs). Others say: 3% is still above target, it’s been that way for years, and might continue. Same data, different concerns.
November 20, 2025 at 10:56 PM
Why’s the Fed so divided right now? Because 3% inflation is close enough to 2% that some say we’re basically there (especially if you strip out tariffs). Others say: 3% is still above target, it’s been that way for years, and might continue. Same data, different concerns.
The A.I. Boom Has Found Another Gear. Why Can’t People Shake Their Worries? www.nytimes.com/2025/11/20/t...
The A.I. Boom Has Found Another Gear. Why Can’t People Shake Their Worries?
www.nytimes.com
November 20, 2025 at 10:10 PM
The A.I. Boom Has Found Another Gear. Why Can’t People Shake Their Worries? www.nytimes.com/2025/11/20/t...
Reposted by David Mullin
The Indeed job postings data shows no acceleration in the pace of job market cooling through mid-November - if anything, there's a very small ongoing deceleration (i.e. cooling more slowly)
[Consistent with the claims data]
[Consistent with the claims data]
November 21, 2025 at 6:45 PM
The Indeed job postings data shows no acceleration in the pace of job market cooling through mid-November - if anything, there's a very small ongoing deceleration (i.e. cooling more slowly)
[Consistent with the claims data]
[Consistent with the claims data]
Reposted by David Mullin
All the gambling that sports elicit is now playing a major role in politics, culture, and the economy. On “Galaxy Brain,” Charlie Warzel and the journalist Pablo Torre discuss how sports became such a valuable commodity:
Are Sports the Most Valuable Commodity in the World?
Pablo Torre on billionaire sportswashers, YouTube unboxing videos, and the rampant gambling that’s threatening the integrity of sports
bit.ly
November 21, 2025 at 11:15 PM
All the gambling that sports elicit is now playing a major role in politics, culture, and the economy. On “Galaxy Brain,” Charlie Warzel and the journalist Pablo Torre discuss how sports became such a valuable commodity:
Reposted by David Mullin
China’s carbon prices surged after the government announced the implementation of a plan to include the steel, aluminum and cement sectors
China Carbon Price Jumps on Addition of Metals, Cement Sectors
China’s carbon prices surged after the government announced the implementation of a plan to include the steel, aluminum and cement sectors.
bloom.bg
November 20, 2025 at 7:00 AM
China’s carbon prices surged after the government announced the implementation of a plan to include the steel, aluminum and cement sectors
Reposted by David Mullin
Some time series on "house affordability" for the skeptical #EconSky
econbrowser.com/archives/202...
econbrowser.com/archives/202...
November 17, 2025 at 11:31 PM
Some time series on "house affordability" for the skeptical #EconSky
econbrowser.com/archives/202...
econbrowser.com/archives/202...
Reposted by David Mullin
NEW: Epstein survivors release the most powerful PSA I have ever seen.
Make this go viral so every member of the House of Representatives sees it.
Make this go viral so every member of the House of Representatives sees it.
November 16, 2025 at 11:43 PM
NEW: Epstein survivors release the most powerful PSA I have ever seen.
Make this go viral so every member of the House of Representatives sees it.
Make this go viral so every member of the House of Representatives sees it.
Reposted by David Mullin
What technologies did more to change the office than anything else? Here are 10 to consider.
10 Office Technologies That Changed Everything
These innovations took us from shabby offices with quill pens to today’s high-tech environments.
on.wsj.com
November 17, 2025 at 12:55 AM
What technologies did more to change the office than anything else? Here are 10 to consider.
Reposted by David Mullin
Reposted by David Mullin
How much CO₂ can the world emit while limiting global temperature rise?
November 15, 2025 at 9:01 AM
How much CO₂ can the world emit while limiting global temperature rise?
Reposted by David Mullin
As young people are reading less and relying on bots more, Columbia professor John McWhorter explains why the wrecking ball of AI doesn’t keep him up at night:
Why I’m Not Freaking Out About My Students Using AI
Young people are reading less and relying on bots, but there are other ways to teach people how to think.
bit.ly
November 15, 2025 at 9:15 AM
As young people are reading less and relying on bots more, Columbia professor John McWhorter explains why the wrecking ball of AI doesn’t keep him up at night:
Reposted by David Mullin
A 30-year mortgage currently has an interest rate of 6.3%. A reasonable guess it that a 50-year mortgage rate would be about 7.0%.
⇒ The monthly payment on a $500k mortgage:
- 30 years: $3,050 per month
- 50 years: Only $100 less at $2,950 (but 240 months longer).
⇒ The monthly payment on a $500k mortgage:
- 30 years: $3,050 per month
- 50 years: Only $100 less at $2,950 (but 240 months longer).
November 12, 2025 at 10:56 PM
A 30-year mortgage currently has an interest rate of 6.3%. A reasonable guess it that a 50-year mortgage rate would be about 7.0%.
⇒ The monthly payment on a $500k mortgage:
- 30 years: $3,050 per month
- 50 years: Only $100 less at $2,950 (but 240 months longer).
⇒ The monthly payment on a $500k mortgage:
- 30 years: $3,050 per month
- 50 years: Only $100 less at $2,950 (but 240 months longer).
Reposted by David Mullin
The menu of streaming options keeps growing, and so do their price tags. But consumers are generally sticking with their subscriptions.
Streaming Prices Are Soaring—and Consumers Are Still Paying
The menu of options for how to watch shows and movies without cable continues to grow—as do their price tags. But viewers have generally been sticking with their subscriptions.
on.wsj.com
November 12, 2025 at 9:55 PM
The menu of streaming options keeps growing, and so do their price tags. But consumers are generally sticking with their subscriptions.
Reposted by David Mullin
It's so over for Tesla in China.
The Xiaomi YU7, a Model Y rival, not only outsold Tesla's Model Y in October, but it outsold Tesla's *total* October sales of 26,006 vehicles by 29%.
💀☠️
The Xiaomi YU7, a Model Y rival, not only outsold Tesla's Model Y in October, but it outsold Tesla's *total* October sales of 26,006 vehicles by 29%.
💀☠️
November 12, 2025 at 2:53 AM
It's so over for Tesla in China.
The Xiaomi YU7, a Model Y rival, not only outsold Tesla's Model Y in October, but it outsold Tesla's *total* October sales of 26,006 vehicles by 29%.
💀☠️
The Xiaomi YU7, a Model Y rival, not only outsold Tesla's Model Y in October, but it outsold Tesla's *total* October sales of 26,006 vehicles by 29%.
💀☠️
Reposted by David Mullin
There are three somewhat unexpected hacks that Wirecutter’s cleaning experts swear by to keep your entire bathroom — even perpetually stinky bath towels — pristine. nyti.ms/442Kr1f
November 11, 2025 at 5:20 AM
There are three somewhat unexpected hacks that Wirecutter’s cleaning experts swear by to keep your entire bathroom — even perpetually stinky bath towels — pristine. nyti.ms/442Kr1f
Reposted by David Mullin
BURRY won’t let up — now arguing that Oracle and Meta are overstating earnings by understating depreciation:
“.. By 2028, $ORCL will overstate earnings 26.9%, $META by 20.8%, etc.”
“.. By 2028, $ORCL will overstate earnings 26.9%, $META by 20.8%, etc.”
November 10, 2025 at 4:58 PM
BURRY won’t let up — now arguing that Oracle and Meta are overstating earnings by understating depreciation:
“.. By 2028, $ORCL will overstate earnings 26.9%, $META by 20.8%, etc.”
“.. By 2028, $ORCL will overstate earnings 26.9%, $META by 20.8%, etc.”