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Christopher Clarke
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Christopher Clarke
@EconChrisClarke
"D1 Yapper but in a good way" - Rate my professor I do Economics Stuff over on TikTok. Assistant Professor (career-track) at @WSUPullman @WSUecons
Pullman, WA
econchrisclarke.wordpress.com
Joined September 2014
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  • user avatar
    Christopher Clarke
    @EconChrisClarke
    Aug 26, 2024
    Turns out grocery stores are really competitive. Using "gross" profits instead of "net" profits is misleading. It ignores labor costs! We need greater rigor from our intellectuals w large platforms to work towards a more competitive market.
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    Robert Reich
    @RBReich
    Aug 25, 2024
    Kroger: -Had gross profit margins above 20% over the last 5 years -Is using “dynamic pricing“ to gouge us further -Paid its CEO $15 million, 502x a typical Kroger employee -Wants to acquire Albertsons so you have nowhere else to shop Corporate greed at its absolute worst.
    Readers added context
    Kroger's net profit margin was 1.43% for the quarter ending April 30, 2024. This is in line with the industry average 1.6%. The gross profit margin figure stated here does not include operating expenses. alphaspread.com/security/nyse/… macrotrends.net/stocks/charts/…
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    Christopher Clarke
    @EconChrisClarke
    Mar 26, 2024
    Nope. This is easy to verify it's false. The Washington Times didn't do their due diligence in checking the Medium blog post's original claims. The real number is 1-2%, not 44%. I go through the data and source in 🧵
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    Christopher Clarke
    @EconChrisClarke
    Sep 12, 2023
    The viral rent to income video is a lie. I tracked down the original source & methodology. It forgot to adjust HUD's rental data for inflation, but did use "real" median income, which is adjusted for inflation. While a problematic rent/income gap exists, we need to tell the truth
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    Christopher Clarke
    @EconChrisClarke
    Aug 10, 2025
    Economist Stephen Moore claims BLS overestimated Biden job numbers by 1.5M. Unfortunately, he commits numerous errors. Over Biden's 4 yrs, the BLS initially underestimated jobs by 700k from the initial monthly estimate compare to the most recent benchmark.
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    CSPAN
    @cspan
    Aug 7, 2025
    President Trump and economist Stephen Moore display economic charts in the Oval Office following firing of Bureau of Labor Statistics commissioner.
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    Christopher Clarke
    @EconChrisClarke
    Mar 16, 2024
    Governor, I strongly support fact checking before spreading misinformation and calling for legislation that won't fix the real problem.
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    Greg Abbott
    @GregAbbott_TX
    Mar 15, 2024
    I strongly support free markets. But this corporate large-scale buying of residential homes seems to be distorting the market and making it harder for the average Texan to purchase a home. This must be added to the legislative agenda to protect Texas families.
    56K
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    Christopher Clarke
    @EconChrisClarke
    Oct 12, 2024
    Economics still can't predict nor control recessions & inflation very well. But it sure knows a thing about trade. Using a simple Ricardian gravity model of trade along with digitized cuneiform accounting records, we have new evidence for the location of lost Anatolian cities.
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    Christopher Clarke
    @EconChrisClarke
    Oct 16, 2022
    There are allegations that recent Nobel Philip Dybvig has a long history of sexually harassing Asian students. An anonymous one is 4 yrs old. Another with a named victim surfaced two days ago. These allegations must be investigated. @AEAInformation @AEACSWEP @AEACSMGEP @WUSTL
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    Christopher Clarke
    @EconChrisClarke
    Nov 3, 2025
    I teach a course on capitalism. I'm always looking for more/better books. It's at the undergraduate level and includes a lot of non-majors, so it needs to be accessible. In addition to selection from these books I also feature: Matranga (2024) The Ant and the Grasshopper:
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    University of Austin (UATX)
    @uaustinorg
    Oct 28, 2025
    This winter, UATX President Carlos Carvalho will lead his seminar "On Capitalism"—a deep dive into the ideas that built the modern world.
    55K
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    Christopher Clarke
    @EconChrisClarke
    Jul 17, 2024
    Economic research finds rent control benefits higher income earners by converting apartments into expensive condos. Unlike other controversies, econ theory, 50 yrs of data testing, and a simple supply & demand model all tell the same story. We need to 🏗️ 🏘️ not mess with prices.
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    Christopher Clarke
    @EconChrisClarke
    Dec 22, 2023
    But did you also control for cost of living?
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    Christopher Clarke
    @EconChrisClarke
    Nov 4, 2024
    Replying to @ElaineLiuEcon
    I've tried it twice. Found it to be a complete waste of time. Despite their ambition, they have no framework and no tools. The worst part is they aren't even looking to go to my university. They want to go somewhere "better." I honestly felt like a free-ride personal tutor.
    24K
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    Christopher Clarke
    @EconChrisClarke
    Dec 29, 2024
    The West Coast not only has high homeless, they also don't shelter them. NY has double the homelessness rate as CA, but they at least provide shelter. Only 34% of CA's homeless have shelter. NY has the best sheltered rate (96%), followed closely by VT & MA. Nationally its 64%.
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    SDem🏝️
    @SockDem_
    Dec 28, 2024
    Replying to @EconChrisClarke
    Need an unsheltered homelessness map for comparison.
    30K
  • user avatar
    Christopher Clarke
    @EconChrisClarke
    Jan 2, 2025
    Economic degrowth in 2020 reduced global carbon emissions by around 5%. With the reduction of GDP, this came at a cost of $1700+ per ton. Investing in renewables only costs around $60 per ton. Degrowth is not a serious solution.
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    Christopher Clarke
    @EconChrisClarke
    Apr 15, 2024
    Wages for fast food workers are rising faster than restaurant prices. All while the profit rates remain constant. Here is a graph for McDs. @MorePerfectUS claims price rise are due to profits. At least w fast food that's not the case. We are seeing exactly what MPU fights for!🧵
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    Chart showing the price increases at every fast food place going up significantly faster than inflation.
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    More Perfect Union
    @MorePerfectUS
    Apr 9, 2024
    THREAD: Subway used to have $5 footlongs, now it’s “$6, six inches”. The McChicken used to be $1, now it's almost $3. Taco Bell’s Beefy 5-layer burrito was $0.89 in 2009, now it’s $3.69. Fast food companies want to blame inflation or the minimum wage going up. It’s all a lie.
    40K

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