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Louis D Johnston

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by Louis D Johnston

ldjeconomics.bsky.social
Join us tomorrow night!

by Louis D Johnston

ldjeconomics.bsky.social
Happy Sputnik Day!

www.minnpost.com/macro-micro-...
Enjoy the Internet, GPS or student loans? Then you should celebrate Sputnik Day - MinnPost
Fifty-seven years later, the moon landing is only the most conspicuous result of Sputnik’s launch.
www.minnpost.com

by Louis D Johnston

ldjeconomics.bsky.social
"Linking tens of thousands of ``orphan train'' riders and comparable non-relocated children to Census records through 1940, we find no systematic evidence that relocation itself improved adult economic outcomes."
www.nber.org/papers/w34282
Riding to Opportunity: Geographic and Household Effects from the Orphan Trains
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...
www.nber.org
2

by Louis D Johnston

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...
1

Reposted by: Louis D Johnston, Gavin A. Schmidt, Aaron Sojourner

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
matthewherper.bsky.social
Matthew Herper @matthewherper.bsky.social · 17d
Winner of mRNA Nobel Prize says ACIP member’s claim that Covid vaccines persist is “absolutely impossible”

In Q&A, Drew Weissman says vast literature shows Covid shots are safe, refutes claims from Retsef Levi
www.statnews.com/2025/09/20/d...
Winner of mRNA Nobel Prize says ACIP member’s claim that Covid vaccines persist is “absolutely impossible”
In a Q&A with STAT, Nobel winner Drew Weissman addressed concerns raised about Covid shots at a recent meeting of federal vaccine advisers.
www.statnews.com
5 160 520

Reposted by: Louis D Johnston, Gavin A. Schmidt

matthewherper.bsky.social
Winner of mRNA Nobel Prize says ACIP member’s claim that Covid vaccines persist is “absolutely impossible”

In Q&A, Drew Weissman says vast literature shows Covid shots are safe, refutes claims from Retsef Levi
www.statnews.com/2025/09/20/d...
Winner of mRNA Nobel Prize says ACIP member’s claim that Covid vaccines persist is “absolutely impossible”
In a Q&A with STAT, Nobel winner Drew Weissman addressed concerns raised about Covid shots at a recent meeting of federal vaccine advisers.
www.statnews.com
17 92 310

by Louis D Johnston

ldjeconomics.bsky.social
Thanks, @tptalmanac.bsky.social, for the opportunity to talk about current economic issues (Fed, labor markets, farm economy, railroads)
www.tpt.org/almanac/vide...
Almanac - The Fed Lowers Interest Rates - Twin Cities PBS
Economics professor Louis Johnston talks interest rates, job reports and more.
www.tpt.org
2

by Louis D Johnston

ldjeconomics.bsky.social
Got mine today...

Why seniors who want covid shots should consider getting one this week

www.washingtonpost.com/health/2025/...
Analysis | Why seniors who want covid shots should consider getting one this week
The CDC’s Advisory Committee on Immunization Practices is weighing changes to coronavirus vaccine recommendations that could make it harder for some seniors to access them.
www.washingtonpost.com
1 3

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
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by Louis D Johnston

ldjeconomics.bsky.social
Minnesota economy news:
www.startribune.com/minnesota-st...
Minnesota Star Tribune to sell Minneapolis printing plant, lay off 125 workers
The state’s largest media company will continue printing 7 days a week, but will outsource printing to Iowa.
www.startribune.com
1

Reposted by: Louis D Johnston, Mark D. White, Scott A. Imberman

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
6 28 95

by Michael A. Clemens — Reposted by: Louis D Johnston, Michael A. Clemens

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.
charlesornstein.bsky.social
Charles Ornstein @charlesornstein.bsky.social · Sep 4
Blistering op-ed by fired CDC director Susan Monarez: Robert F. Kennedy Jr., the CDC and Me
Opinion | Robert F. Kennedy Jr., the CDC and Me
I was fired after 29 days because I held the line and insisted on rigorous scientific review.
www.wsj.com
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by Louis D Johnston

ldjeconomics.bsky.social
You bet I signed!

See who else did: docs.google.com/document/d/1...
1 5

Reposted by: Louis D Johnston, Dani Rodrik, Jonathan Portes , and 7 more

ahecon.bsky.social
Nearly 600 economists, Nobel Laureates sign open letter supporting due process for Lisa Cook and Federal Reserve independence for the good of our economy and democracy. Great work from @tderyugina.bsky.social organizing such a quick response. www.bloomberg.com/news/article...
Over 450 Economists Back Cook, Fed Independence in Open Letter
Prominent economists are rallying behind Federal Reserve Governor Lisa Cook after President Donald Trump moved to fire her based on allegations that she committed mortgage fraud.
www.bloomberg.com
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by Louis D Johnston

ldjeconomics.bsky.social
Applies to social science too...

www.nytimes.com/2025/08/31/s...
Historians See Autocratic Playbook in Trump’s Attacks on Science
www.nytimes.com
1

by Louis D Johnston

ldjeconomics.bsky.social
Well that makes me feel better 🙄“he has advocated eliminating the Federal Reserve and returning to a gold-backed standard for currency.”

www.washingtonpost.com/business/202...
How Trump picked a pro-MAGA, Heritage Foundation economist for BLS
President Trump’s pick for Bureau of Labor Statistics commissioner, E.J. Antoni, has been backed by Trump adviser Stephen Moore and Stephen K. Bannon.
www.washingtonpost.com
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Reposted by: Louis D Johnston, Henry Jones, Manisha Sinha

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?”
73 1.6K 5.4K

by Louis D Johnston

ldjeconomics.bsky.social
Happy birthday, Walter Heller! @hellerhurwicz.bsky.social
Remembering Minnesota’s Mr. Economics, Walter Heller www.minnpost.com/macro-micro-...
Remembering Minnesota’s Mr. Economics, Walter Heller - MinnPost
He had a profound influence on macroeconomic policy that continues to this day.
www.minnpost.com

by Louis D Johnston

ldjeconomics.bsky.social
Local economy news:
www.startribune.com/bluestem-lay...
Bluestem, parent company of Fingerhut, to close St. Cloud hub
Wednesday’s announcement includes 118 layoffs in St. Cloud, as well as 19 at the headquarters in Eden Prairie.
www.startribune.com

Reposted by: Louis D Johnston, Claudia Sahm

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...
39 230 760

by Louis D Johnston

ldjeconomics.bsky.social
www.theatlantic.com/economy/arch...

by Louis D Johnston

ldjeconomics.bsky.social
He has no idea what he's talking about...
atrupar.com
Aaron Rupar @atrupar.com · Aug 26
Lutnick: "The Department of Commerce is going to start issuing its statistics on the blockchain, because you are the crypto president."
1

Reposted by: Louis D Johnston, Daniela Gabor, Daniel W. Drezner , and 5 more

atrupar.com
Lutnick: "The Department of Commerce is going to start issuing its statistics on the blockchain, because you are the crypto president."
490 250 1.1K

by Louis D Johnston

ldjeconomics.bsky.social
open.substack.com/pub/paulkrug...
1 1

Reposted by: Louis D Johnston, Dani Rodrik, Jan W. Mueller , and 22 more

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
Ben Casselman @bencasselman.bsky.social · Aug 26
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
81 1.4K 4.7K

Reposted by: Louis D Johnston, Jan W. Mueller, Shelly Lundberg , and 2 more

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
40 71 310

Reposted by: Louis D Johnston, Nina Jankowicz, Brendan Nyhan , and 16 more

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
140 1.1K 3.9K

by Paul Krugman — Reposted by: Louis D Johnston, Claudia Sahm, Menzie Chinn , and 8 more

pkrugman.bsky.social
If you think the attack on the Fed's Lisa Cook has nothing to do with you, you're wrong — any one of us may be next paulkrugman.substack.com/p/we-are-all...
We Are All Lisa Cook
Nobody is safe from weaponized government
paulkrugman.substack.com
70 1K 3K

by Louis D Johnston

ldjeconomics.bsky.social
Great review of an important book. This book uncovers yet another example of Akerlof and Romer's theory of looting:
1 3 7

Reposted by: Louis D Johnston, Trevon D. Logan, Karen Benjamin Guzzo , and 1 more

bencasselman.bsky.social
Long before she joined the Fed, Lisa Cook stood out in a field dominated by white men. She talked about how her experience with racism informed her approach to economics.
Now, she is Trump’s latest target in his effort to exert more control over the central bank.
www.nytimes.com/2025/08/23/b...
Lisa Cook, Who Broke Ground at the Fed, Faces Attack by Trump
www.nytimes.com
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