Released Slanted L-curve with Pierpaolo Benigno as NBER WP. Sliding down the vertical part of the slanted L-curve rather nicely to a soft landing. Prediction, made some time ago BW, based on theory NOT past data. Sometimes crisp theory beats re-living past via staring at stale data

imf.org/-/media/Files/… Angus Deaton is interesting: Always worth paying close attention when people explain how their views have changed. His changed on: free trade, unionization, immigration, role of econometric identification on research topics, and more…

Richly deserved recognition to my PhD advisor for his major contributions to our understanding of monetary policy

Oh, if only I could have been at Wembley today. I was there in the stadium in Nice in Euro 2016 when Iceland Brexited England 2-1 . What a day! Underestimate the Icelandic national soccer team at your perill. Húh!

Happy to see that this wonderful gem of a paper is out.

I hope he misspoke or I misunderstood: “Christians, get out and vote, just this time. You won’t have to do it anymore. You got to get out and vote. In four years, you don’t have to vote again. We’ll have it fixed so good you’re not going to have to vote.” washingtonpost.com/politics/2024/…

One of the most brilliant minds in economics today makes several interesting points here, nuanced and thoughtfum. Worth the read: