Shameless self promotion alert. I am pleased to announce Intelligent Economist selected my blog as one of their top 100 economics blogs for 2018 (all the blogs selected can be found here). I will not lie, it is quite gratifying to receive this distinction again and it is nice that it multiple years in a row for multiple blogging awards. North Dakota is an interesting topic for a variety of reasons and I guess I am able to convey that. What I need to do is get some updated pictures out there though. Yeesh.
Labor force participation is a frequent topic of conversation on the radio these days so it seemed appropriate to actually share the graphs that I often show JT when the topic comes up.
This is an active question in much of the United States and North Dakota right now. The answer is elusive and this recent post on FocusEconomics by Oliver Wright makes that abundantly clear.
Sorry for the lack of posting lately. I was prepping testimony to the state legislative committee looking at the revenue forecasting process in the state of North Dakota. That took a bunch of my time, as did the usual chair work and the like. I gave that testimony today so I will return to my rants and musings about all things economic, including sharing my thoughts about the forecasting of state variables (likely expand beyond my testimony) and my outlook for the state’s key economic variables.
Paul Ryan is pressing hard for tax changes to be permanent rather than temporary (see a representative article here). From a traditional economic perspective he is probably right to do so if he wants policy to have maximum impact on the economy, regardless of your preferred performance metric. There exists no shortage of empirical research on this topic and I include a link here to a research note that seems typical (and more importantly is not paywalled).