Justin Wolfers

Prominent economist Mohamed El-Erian is sounding the alarm over the prolonged U.S. Government shutdown, warning that the economic consequences are becoming more severe as the standoff stretches into its 34th day. The Economic Damage ‘Is Intensifying’ On Monday, in a post on X, El-Erian...

Economist Justin Wolfers said that the economic cost of a government shutdown may be limited in terms of GDP, but the broader toll is measured in sidelined workers and eroded values. Government Shutdowns A ‘Big Values Fail’ On Sunday, in a post on X, Wolfers said, “In GDP terms, a...

Brazil’s President Luiz Inacio Lula da Silva announced an impending trade agreement with the U.S., following assurances from President Donald Trump. Lula Cites Brazil's Strategic Role President Lula, during a briefing at the ASEAN summit in Malaysia, revealed that Trump had ‘given his...

Sen. Bernie Sanders (I-VT) criticized the widening wealth gap amid the surge in the net worth of billionaires during President Donald Trump’s second term in office. Things Are Going ‘Pretty Well’ For Trump’s Backers “For the billionaires who sat behind...

Economist Justin Wolfers compared the current surge in electricity demand driven by artificial intelligence to a temporary "egg shortage," arguing that rising prices will spur new investment and stabilize power supply over time. Justin Wolfers Says, ‘Electricity Is The New Eggs' Taking to X,...

Investor Dan Niles of Niles Investment Management said that the current market valuations are lofty, there is still room to run before the tide begins to turn. Warns of ‘Irrational Exuberance’ In AI On Sunday, in a post on X, Niles said that he was positioned in the market to capture...

Investor Steve Eisman, known for accurately calling the 2008 financial crisis, is sounding the alarm once again, this time on the growing disconnect between America’s booming tech sector and its stagnating broader economy. GDP Growth Entirely ‘Composed of Large Tech Companies’ On...

Economists are reacting to President Donald Trump’s latest tariff escalation with China, as well as the subsequent walk-back over the weekend, following the sharp selloff in risk assets on Friday. ‘TACO Strikes Again’ On Sunday, in a post on X, economist Peter Schiff said,...

Former White House Communications Director Anthony Scaramucci criticized President Donald Trump’s trade and tariff policies, blaming them for rising inflation, along with the slowdown in business and consumer demand. ‘Dumb Policies’ To Blame On Monday, in a post on X, Scaramucci...

As the U.S. government heads into another shutdown, prominent economists are weighing in with their takes, offering fresh warnings while expressing their frustrations. A ‘Pointless Spectacle’ Economist Justin Wolfers of the University of Michigan dismissed the economic impact, calling...

Sen. Rand Paul (R-KY) on Sunday drew on historical economic principles to criticize modern tariffs, linking them to the foundational American resistance to taxation without representation. Paul Highlights Smith's Critique Of British Trade Restrictions Sharing a review of The Wealth of Nations, Paul...

Sen. Elizabeth Warren (D-Mass.) slammed President Donald Trump for his wishes on National Coffee Day on Monday, while his chaotic trade and tariff policies result in a surge in coffee prices. ‘Chaotic Tariffs’ Lead To Surge In Coffee Prices On Monday, in a post on X, Warren said,...

Sen. Elizabeth Warren (D-Mass.) placed the blame for surging goods prices in the U.S. squarely on President Donald Trump’s trade and tariff policies. ‘Chaotic Tariff Policies’ To Blame On Wednesday, in a post on X, Warren said that she doesn’t always agree with...

Inflationary pressures continue to mount, reemerging as the top concern among economists and market watchers, who place the blame squarely on President Donald Trump’s trade and tariff policies. Inflationary Risks ‘Are Rising’ On Tuesday, The Kobeissi Letter warned in a post on X...

According to economist Justin Wolfers, Federal Reserve Chair Jerome Powell is stuck in a policy dilemma created by the trade and tariff policies of President Donald Trump. Monetary Policy Cannot Resolve Economic Strain “The problem that Powell faces right now is a very difficult one,”...