The new Pope has a degree in mathematics from Villanova University. This guy doesn’t just understand sin. He understands cos.

The Chicago Pope implies the existence of a New Keynesian Pope and a Behavioral Pope

In case anyone was worried about the Pope’s position on the use of Bayesian inference in theistic probability

St Peter's Basilica. One of the inscriptions around the edge reads: "Jesus said to you, Peter, three times 'Do you love me?' to whom you, oh chosen one, responded 'Lord, you who know all, know that I love you'"

Full house for our inaugural #SustainabilityLecture with our Stephen Millard introducing Sir Partha Dasgupta 🌍📈 🌱 #NaturalCapital #Economics #Biodiversity

timeless

📢[Working paper alert] The South African NiGEM expansion Authors: Ed Cornforth, Urvish Patel, Xolani Sibande, Kgotso Morema, Konstantin Makrelov and Ian Hurst 📄Read the paper here: resbank.co.za/en/home/public… This paper presents a new macroeconometric model for South Africa

Opinion: Britain and Europe need to get serious about air conditioning on.ft.com/44sxu1G

100+ presentations in parallel sessions, 30+ in posters, 3 special sessions with 3 papers each (Bank of England, National Institute of Economic and Social Research, CHASM-Uni of Birmingham) & 4 keynote talks (Loriana Pelizzon, Olivier Coibion, Ufuk Akcigit, Tommaso Monacelli): not to miss this at all! Registration & details below!

⚡️Our reaction to the latest #inflation figures is out now⚡️ Monica George Michail Royal Economic Society

Lots of talk about the labour market this morning. Some observations 🧵: TL;DR The labour market is tight for some workers, but has become much weaker for the recently inactive. Apply Phillips curve logic at your own risk.

⚡️OUT NOW⚡️ In our latest #MondayInterview, just published, Ahmet Kaya discusses with Lea de Greef, Patricia Sánchez Juanino and Edmund Cornforth the role of Nationally Determined Contributions in shaping future climate policy 🌱📈 ⬇️⬇️ NiGEM hubs.la/Q03x_kNS0

📌UPCOMING EVENT ⏰ At this webinar, our researchers will present the findings of our upcoming UK and Global Economic Outlooks, followed by a Q&A from participants 💻Virtual event 🗓️Friday 8 August, 11:00-12:00 📝Sign up to join 👇 hubs.la/Q03yqFBF0

I'm not sure if this counts as a bad tax as it raises no revenue or an amazing tax that has perfectly disincentivised the behaviour it set out to disincentivise.