going through tyler cowen and alex tabarrok's econ textbook rn and found this gem

Here's Oren blatantly cherry-picking data for his pro-tariff agenda again He cites Japanese data to claim foreign carmakers are absorbing tariffs—but that data doesn't properly adjust for shifts in car make/models. The better US data shows *Americans* are paying Trump's tariffs

We ran a randomized controlled trial to see how much AI coding tools speed up experienced open-source developers. The results surprised us: Developers thought they were 20% faster with AI tools, but they were actually 19% slower when they had access to AI than when they didn't.

I’m incredibly proud of the work we’ve done this term. Our “Paris-style” reforms have made headlines, from The Economist to The Daily Show. Many people to me that for the first time they have real hope they can stay in the city they love. But big wins come with big pushback. Our

This Twitter thread will contain various ad hoc thoughts on this bombshell METR paper as they occur to me. Thinking live out loud! 🧵

I have been waiting to write this piece for a long time. I think people are misinterpreting the lessons from the China Shock open.substack.com/pub/agglomerat…

Urban economists used to think that the economy of Cambridge, Massachussetts would collapse because the candy manufacturers all moved production overseas but, surprsing literally nobody, having the two best universities on Earth meant that they could sustain a productive economy

No. That's a decade old. Bitcoin turned out to NOT be a currency. It is an electronic tulip, perhaps; not a currency.

Same name, same org, but we're doing some updating Employ America Thankful to all who have supported us over the years and looking forward to your support and collaboration over the coming years.

Why do people want to paid less?

R2 vs Beta hat strikes again

#ICYMI: The week’s top stories ✅ The GOP’s “Reverse Robin Hood” budget takes food & health care from kids to fund tax cuts for the rich. ✅ Banning noncompete agreements is essential to a fair economy. More in our #RooseveltRundown ⬇️ rooseveltinstitute.org/roosevelt-rund…

The hubris is crazy here. The idea that it's somehow plainly obvious that an employer's job openings can be filled by H-2 workers when: - There is a cap on H-2Bs that leave some employers without workers - The farmer would need to have housing available for H-2A workers - Jobs

No better way to start your weekend than a brand new Trump Tariff! Use CNL's very own Tobin Stone 🌐 's Trump Tariff Generator™ to see what whacky hijinks our president can get up to next! cnliberalism.org/trump-tariff-g…

4.) the Federal reserve pursues tighter monetary policy if they anticipate tariff-related inflation.

Two weeks ago, Marco Rubio said USAID “has little to show since the end of the Cold War.” Days earlier, a Lancet study estimated that USAID global health programs have saved 90 million lives—not since 1991, but since just 2001.

WRONG

Daniel 🦔 Yeah the huge problem is people comparing real vs nominal figures.

> companies employing people that the job is either '0 productive' or 'counterproductive.' Who is paying these people?

67% of stupid tech takes can be traced back to one of three things: whatever economic aberration happened in their industry that they generalized from, acting as if “politics” started in 2020 or not understanding basic economics