Justin Wolfers
@justinwolfers
Why oil? Because worsening war news tends to threaten energy supply. That pushes oil prices up. So rising oil isn’t just about petrol; it’s a signal about geopolitical risk hitting the global economy.
209
Likes
51
Reposts
9
Replies
More from Justin Wolfers
-
Here’s the thing—especially on April 15: cutting the IRS isn't some abstract budget trim. It's a tax cut delivered through weaker enforcement. And it mostly goes to people with the...
4,329 95 -
Sen. Warren: "Did Donald Trump lose the 2020 election?" Handsome Kevin: "ummm... errr... " His response raises real questions about whether Warsh is independent of the President a...
2,398 234 -
"You can't say the cost of a puppy is $200 because that was the adoption fee." The Pentagon's $25B price tag does exactly that — it ignores veterans' care, disability payments, and...
1,297 31 -
Announcing: Platypus Economics — a Substack, YouTube channel, and podcast built around one idea: Economics is one of the most useful, surprising, and weirdly beautiful subjects in...
1,188 52 -
Optimism is not a policy tool. If there’s no clear timeline for resolution, energy markets will price in uncertainty. And uncertainty is costly because firms can’t plan and househo...
1,153 24
If men's job growth is lagging, one response is straightforward: move toward the occupations that are growing. Labor markets change. Successful workers and societies adapt to those changes. Check out the full analysis: https://newsletter.platypuseconomics.com/p/the-pink-collar-economy-is-here
"The big story right now is oil. The next story is food." That's the transmission channel people miss: if fertilizer is "caught on the wrong side of the Strait of Hormuz," food prices can be next.
Private credit is the bit of finance that’s not banks and not public bond markets, but is now big enough to matter for everyone else. Translation: a lot of business lending migrated somewhere less visible.
Oil prices are falling, but don't celebrate at the pump just yet. The Strait of Hormuz is "open" — for now. We're 5 days into a 10-day ceasefire. A lot can still change.
Two things can be true at once: the U.S. is more energy independent than in the 1970s, and an energy shock can still raise inflation. Independence isn’t immunity.
Deficits aren’t automatically virtuous or villainous. They’re a tool. The sensible question isn’t “deficit: good or bad?” It’s “what problem is it solving?” Econ is annoyingly context-dependent like that.
Right now, the AI boom mostly shows up as investment: chips, data centers, infrastructure. The real question is whether those foundations eventually help workers and firms do more with less.
Private credit is like plumbing behind the drywall — the water still flows, but you lose the gauges. You might not notice the slow leak until the ceiling stains appear. That's the trade-off worth understanding.
A windfall profits tax sounds great as a one-off. But once investors expect it to happen again, it's no longer a windfall tax—it's just a profits tax. And that can discourage the investment you actually want.
As incomes rise, spending patterns change. People don't keep buying more wheat or endless washing machines. They spend more on health care, education, child care, and aged care. Check out the full analysis here: https://newsletter.platypuseconomics.com/p/the-pink-collar-economy-is-here
“Let me in! Let me in! March Mammal Madness has started and I need your laptop!!!” #2026MMM
Many of you will have seen this but for those of you who haven't, this is astonishing. It's what happens when people who comment on Facebook posts stand for election and actually win.
Jesse Watters promoted President Donald J. Trump's false claim that '86' was a mob term for murder. Watters used the term in July 2025 to describe people getting canceled by the mainstream media. I provide receipts along with the dictionary definition of the term - 86
Rendezvous Only the distance not yet touched binds the two with precision. New media art rooted in Japanese aesthetics. Exploring layered realities through digital collage. #takayukio #NYCArtist #NewYorkArt #collageart
He's adorable 🥰. Ok Yankees loosing again 2-0 9th haven't been able to score since screwing up to the Mets last week, amazing they'll win 15 of16 then lose 6 straight without scoring more than 1 run even judge 10 games without a hr or RBI 14ks 6 DBs when judge don't hit yanks lose good night
Are you celebrating the Dark Jubilee? If not, join in on the madness with “The Dark Jubilee: Life,” a Subscribestar post for Voyeur tiers and up... subscribestar.adult/posts/877575
❗️Ukraine has liberated 590 square kilometers of territory from the occupiers since the beginning of the year, - Zelenskyy
Spent my Tuesday evening watching Husk expose AI hallucinations on TikTok while waiting to find out if we were all about to die. This is a good one.
👏 Play like this and be ok? 😱 Can Igor Jesus emulate Taiwo in 2022/23? 👀 Spurs in a mess @mattdaviesff.bsky.social is joined by Michael Temple, @petermblackburn.bsky.social and Franz Carr #nffc 🍎 Apple podcasts: tinyurl.com/2fuzn92b 📱 YouTube: tinyurl.com/4judvmdx
This is a great video essay about how women's desire has been devalued and that's led to the death of romcoms in Western media. The only thing missing is no mention of kdramas or cdramas.
🌍 On the podcast! @jayatighosh.bsky.social calls inequality an existential crisis, equivalent in scale to climate change. Till Kellerhoff & Jayati Ghosh on why our societies and democracies depend on getting this right. 🎧 vist.ly/4224k
We have been saying starlink was involved Nov 8th of 2024 when all the data was shown and didnt make sense‼️
This week sees another set of community-designed skins! ⛏️🔫☢️ Live on the Steam Item Store now only for a limited time. Grab yours here: https://store.steampowered.com/itemstore/252490/
Ahora si se me puso empoderada la elfa / Now the elf has really gotten a bit too full of herself #Metaphor
Bonus! We invite ALL principals to join us on May 12th to learn about 'Interviewing Best Practices. Click here to learn more: https://lead4ward.com/principal-leadership/ #lead4ward #principalleadershipseries #educationleadership
You didn't hear me scream, right? 🙀 #Halo #streamer #funnystreammoments #fyp #shorts #shortsfeed
Tonight’s NBA Playoff Referee Assignments 🏀🏆 WEST FINALS – GAME 1 ⏰ 830PM ET 🏀 @spurs at @okcthunder 🏀 15 Zarba, 10 Jo. Goble, 27 Ervin Alternate Official: Ed Malloy Replay Center Referee: Karl Lane (from @OfficialNBARefs on X)
The crucial public services that we all rely on are at threat. That's why we must vote!
⚡ #Germany's #energy #supply 50–70% #imports by 2030🛢️ 📺 youtu.be/E62Kij5i_Ck 📎 philosophies.de/index.php/20... #Zoomposium #ChristopherHebling #sola #hydrogen #technologies #InternationalAffairs #FraunhoferInstitute #SolarEnergySystems #ISE #energysupply #future #economy #prosperity #climate
The Restaurant, Retail & Hospitality world is evolving fast — tech shifts, changing consumers, and global disruptions are reshaping everything. 🍽️🛍️ #Altum #Hospitality #Retail #RestaurantIndustry #BusinessTransformation #Growth #AltumWave #techonology #AltumStrategyGroup
Das ist die krasse Wahrheit über deine Wärmepumpe: Ein Kunde in Kleinmachnow dachte, er würde sparen. FALSCH! Er ignorierte die Dämmung, behielt seine alten Heizkörper und seine ... #kostenWärmepumpealtbau #Beelitz
What happens when you put a snake in shag carpeting with some little soft, bendable posts in the way (and also it can't see the posts). If you answered: "It behaves like a light particle moving through a diffraction grating" then congratulations! You win! Let's talk about SNAKE DIFFRACTION.
Welcome to Channel CBD, for all your quick doses of channel-surfing sketch comedy. Posting will start happening twice a week. Please enjoy and don't forget to like/subscribe. Also suggestions for topics to make fun of are always welcomed.
New Mexico's strength comes from our Native, Hispanic, Black, Asian, immigrant, and multiracial communities. No matter your background, your vote carries equal weight. The NM Voting Rights Act protects language access, disability access, tribal voting rights, and anti-intimidation protections.
🟢 Weekly Crypto Recap (Mar 16 - Mar 23, 2026) 👉 Binance Joins Mastercard's Crypto Partner Program 👉 Mastercard Acquires BVNK for Up to $1.8B 👉 Morgan Stanley Files for Spot Bitcoin ETF 👉 Crypto Bill Clears Key Stablecoin Hurdle 🔹 Follow us for your weekly global crypto news. #CryptoNews #TrestAI
LINK IN BIO to support our SoCal pumas! 💚😻 Look I’m a dog person… but also I love cats, pumas, coyotes, skunks, squirrels, bobies and… literally every animal living thing, I’m the gay Snow White they will always find a friend! 💖 #p22 #p22mountainlion #savelacougars #griffithpark #hollywoodsign
As the mom of two teenage kids in public school, I have a lot to say when it comes to education and investing in our teachers and our classrooms. Because investing in Maine’s future starts in our schools.
Martin Fendrych 𝕏🔁 @ZdenekHrib@twitter.com: QR kód na 2 miliony korun byl předán. Bohužel nezaplacen. Přesně tolik totiž podle našich propočtů dluží ministryně Mrazová obci Bílina za zvýhodněné bydlení v obecním bytě. A její reakce? Pokud prý chceme levný […] [Original post on zpravobot.news]
POV: you’re toasting to Kyiv birthday with friends and air raid siren goes off because Russia decided to bomb your city The reason I’m not running is because well it’s 5 year of war. I’m tired. And it seems from reports Kyiv is not the target right now. And yet I can see my face is giving me away
The U.S. is ramping up pressure on Cuba again. Intelligence warnings, drone allegations, and a possible Raúl Castro indictment now have some comparing it to the Cold War playbook.
Donald’s feelings are super hurt because everyone except Vanilla Ice pulled out of his political stunt… I mean concert. He says he’s going to perform for everyone instead, and that he’s even better than Elvis.😆 I wonder whether he’s gonna buy or rent his clown costume.🤡🎪
Crooked trump on his racist rant... #impeachtrump #dumptrump #racist #resist #standup
Episode 87 - MrBeast Buys Banking App Step for Teens! #mrbeast #step #stepbank #bank Thanks for check out my Short. If you're looking for a deeper dive check out my long-form videos on YouTube: www.youtube.com/@TheBusiness... #business #businessnews #tbbtn #youtube #shorts #reels #tiktoks #vids
Ukraine is strong. Ukrainians are brave. But resilience is not infinite. In Odesa, I see businesses closing, people leaving, and growing fatigue after five years of war. Even bamboo snaps if bent too far. The world must stop confusing courage with endless capacity. #Ukraine
🗣️ Laredo podría perder parte de su paseo marítimo Si el pleno municipal no aprueba las condiciones de la rehabilitación fijadas por Costas. El Ministerio advierte al consistorio que no acepta los requisitos estatales, ordenará la demolición 🎙️Ana Ruiz
New episode of Wrestling With Rumors is now up on my Wrestling With Rumors #youtube channel youtu.be/5eWtT_1Myoo?... #prowrestling #WrestlingWithRumors
Video on social media appears to show strikes from inside Tehran as Israel launches an attack.
What a night for Gravesham ✨ A brilliant evening at the Civic Centre celebrating our communities, recognising Community Award winners and welcoming new civic leadership. 👏 Cllr Alison Williams, Mayor 👏 Cllr Baljit Hayre, Deputy Mayor 📸www.flickr.com/gbccomms
At Spirituality & Beyond, biotech educator Damon Tighe encourages aspiring mycologists to return to the same natural spaces again and again to observe the hidden patterns of fungal life. #Mycology #Fungi #CitizenScience #Nature #Ecology