Sunday, March 22, 2026

Economics of Regulating AI

The Economics of Regulating AI
https://www.wsj.com/opinion/the-economics-of-regulating-ai-7773e722
Government often tries to make rules for industries it doesn’t understand. There’s a better way. 

The AI Trilemma: How to Regulate a Revolutionary Technology
https://www.foreignaffairs.com/united-states/ai-trilemma 

‘Woke’ AI Feud Escalates Between Pentagon and Anthropic
https://www.wsj.com/politics/national-security/woke-ai-spat-escalates-between-pentagon-and-anthropic-433b7c5c
The Pentagon might ask contractors and vendors to certify that they don’t use Anthropic’s Claude amid tensions over how its tools are used.
 
Land Grab for Data Centers Is One More Obstacle to Much-Needed Housing
https://www.wsj.com/real-estate/data-center-land-deals-housing-shortage-81ea6e09
Resistance grows to more land sales in Northern Virginia. “They’d rather have homes than data,” said a former Prince William County supervisor.
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Healthcare Sector - Leads in Job Creation

Why Healthcare Is Doing the Heavy Lifting in This Job Market
https://www.wsj.com/finance/investing/why-healthcare-is-doing-the-heavy-lifting-in-this-job-market-8944ae43
An aging population can continue to fuel hiring in healthcare even if the rest of the economy wobbles. 

Home health aides epitomize a key problem in the current job market
https://finance.yahoo.com/news/home-health-aides-epitomize-a-key-problem-in-the-current-job-market-153016785.html
Home health and personal care aides are in high demand but the pay is low.
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AI's Potential Impact on the Labor Market


Research: How AI Is Changing the Labor Market
 
Redeployment plans to slow hiring: Here's what bank CEOs are saying AI is doing to their head counts
 
Hybrid jobs: How AI is rewriting work in finance
 
AI Is Reshaping Accounting Jobs by Doing the “Boring” Stuff
Streamlining routine bookkeeping gives accountants more time to help clients and handle complex tasks.
 
How will accountants learn new skills when AI does the work?
https://www.journalofaccountancy.com/issues/2026/mar/how-will-accountants-learn-new-skills-when-ai-does-the-work/
 
This Time, the Hype Around Self-Driving Cars Feels Real
https://www.wsj.com/tech/this-time-the-hype-around-self-driving-cars-feels-real-e37f2e7f
A new excitement is building for autonomous vehicles to become mainstream.
 
What Young Workers Are Doing to AI-Proof Themselves
https://www.wsj.com/economy/jobs/ai-jobs-young-people-careers-14282284
They’ve got their whole careers ahead of them, and they’re navigating a technology with a still-uncertain impact.
 
Is a plumbing career the future?
https://www.ft.com/content/df07d2dc-dc56-4602-a36f-758860cb1374
Plumbing is the future. Or so Geoffrey Hinton, the “godfather of AI”, has said. “The jobs that are going to survive AI for a long time are jobs where you have to be very adaptable and physically skilled, and plumbing’s that kind of job.”
He is not the only one. Jensen Huang, chief executive of chipmaker Nvidia, told Channel Four News: “If you’re an electrician, you’re a plumber, a carpenter — we’re going to need hundreds of thousands of them to build all of these factories.” 
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Saturday, March 21, 2026

Rate Hike Possibilities

Why the Fed’s Next Rate Move Could Be a Hike
https://www.wsj.com/economy/central-banking/why-the-feds-next-rate-move-could-be-a-hike-81e22988
A rate increase, once unthinkable, has become thinkable thanks to stubborn inflation, Iran and a resilient economy. 

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Economists Debate the Effect of Minimum Wage

The 30-Year Debate Over the Minimum Wage Is Still Not Settled
https://www.wsj.com/economy/jobs/minimum-wage-jobs-cost-debate-card-krueger-63b21af2
A 1994 paper blew up the consensus that minimum-wage increases kill jobs. Economists have been at each other’s throats ever since. 


Minimum Wages in the 21st Century

Dube, Arindrajit, and Attila Lindner. 2021. "City Limits: What Do Local-Area Minimum Wages Do?" Journal of Economic Perspectives, 35 (1): 27–50.
https://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.35.1.27

The Effects of Minimum Wages on (Almost) Everything? A Review of Recent Evidence on Health and Related Behaviors
https://www.nber.org/papers/w31191  

Related:

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Friday, March 20, 2026

Affordability Crisis Facing the Middle Class

The Middle-Class Suburbanites Who Sell Their Blood Plasma to Get By
https://www.nytimes.com/2026/03/20/business/middle-class-sell-their-plasma.html
Across the United States, plasma centers are opening in wealthier areas as more people struggle with the high cost of housing, groceries and health care. 

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Impact of the 2026 Energy Shock

The U.S. Economy Is Insulated from High Oil Prices. Americans Aren’t.
https://www.nytimes.com/2026/03/20/business/us-economy-oil-prices-inflation-iran-war-americans.html
The overall economy has proved resilient in recent years, even as many households have struggled. The war with Iran is following the same pattern. 

America may be a petrostate. But the energy shock still hurts

They’re the First Victims of the Diesel-Price Shock, but Likely Won’t be the Last
https://www.wsj.com/economy/truckers-are-the-first-victims-of-the-diesel-price-shock-52ff802d
Truck drivers in the U.S. are feeling some of the first economic effects of the rapid surge in the cost of diesel. A broader economic impact could hit soon.
 
If You Want to Know What Happens in an Oil Crisis, Look at Asia
https://www.nytimes.com/2026/03/20/business/oil-jetfuel-asia.html
As China and other major suppliers of refined oil in the region restrict exports, import-dependent countries are desperate to secure fuel supplies. 

As War Disrupts India’s Gulf Ties, Economy Faces ‘New Broadside’
https://www.nytimes.com/2026/03/22/business/india-economy-middle-east.html


The Iran War’s Economic Threat to Europe and Asia
https://www.nytimes.com/2026/03/19/business/iran-war-fiscal-spending-debt.html
Inflation and its consequences for growth are a growing concern for countries where memories of the 2022 energy crisis are fresh.   

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