Kind of wild that in Los Angeles, a homebuilder pays more to have their electrical plan reviewed by the city than to have it designed from scratch by a licensed engineer.

Not from The Onion! I'm so glad my kids will be through high school before this madness comes to Hanover.

Greed.

giving a paper at the 8am panel

Hei hei hei ... we have a new Special Issue in the works at the Economic Journal ... please contact us if in doubt ...

The basic political economy problem many aging societies are facing is that to get to replacement level, you need either very large cash transfers to parents, or large immigration. But the power is in the hands of the elderly, who want neither of these things.

Greg Mankiw on whether economics is a science (WSJ)

This high school graduation season represents a bittersweet milestone: The class of 2025 is the largest in American history. And if current trends continue, it will hold that record forever.

🚨If you are a macroeconomist using the “sequence-space” to solve your models, come share your work at this SITE conference, September 8-10! Both substantive and methodological contributions are welcome. The deadline is this Monday, June 16! with Ludwig Straub and Matt Rognlie

An interesting research agenda. nber.org/reporter/2025n…

I enjoyed the conversation of Lawrence H. Summers with Frank Bruni Ross Douthat. It is insane that we have, with our silence, allowed some university departments to become centers for the dissemination of anti-Western prejudice rather than for truth-seeking. E.g. the narrative that

Doug Irwin's Presidential address to the Economic History Association from Sep 2025 is now published online and open access. Great stuff! Douglas Irwin cambridge.org/core/journals/…

From the preface to Keeping Track (1985), one of the most influential and destructive education books I'm aware of I cannot emphasize enough how much we've been repeating the same conversations in education for generations

The failure is that we don’t teach economics in high school and/or make it a required course in college. (Even UChicago does not make it part of the core.) If Econ 101 started earlier or reached more people, people would understand supply and demand. It is in those classes that

1,100 likes for someone I have never interacted with just completely lying about me. I never "abandoned my family." They've known about my gender from the beginning, remain 100% supportive, and would like these idiots to stop using them as a totem for their bigotry. Get a life.

Ariel Burstein presents the third and final plenary lecture, on Economic Efficiency with Heterogeneous Consumers, at the Annual Meeting of the Society for Economic Dynamics at the beautiful Central Campus of the University of Copenhagen.

Congratulations to Jeff Bezos on his wedding! He has earned his billions. Amazon has made my life appreciably better. Best store ever.

A hearty Fuck You to The Babylon Bee for posting on your website a picture of my kids that was stolen from a private Facebook page. You will have so much more to answer for before God than I will.

honeybees are 7–15% as conscious as humans while taking up only 1×10⁻⁶ as much biomass. therefore repurposing all the atoms in humans to make up honeybees would result in a 1×10⁵ increase in utility. and thats not even considering all the livestock and wild animals!

yesterday: i’ll stop at this complicated part, tackle it w fresh eyes tomorrow today: wtf