To those with short memories: Between 2014 and 2022, Ukraine held about 200 rounds of talks with Russia. During this period, 20 cease-fire agreements were reached, all of which were quickly violated by Russia. None of the 200 rounds of talks or the 20 ceasefires have prevented

Tune in on Sep 19 and 20.

I just attended the annual meeting of the editorial board of The Review of Economic Studies. One message from the editors: REStud is interested in publishing the best work, no matter how short the articles are! If you have very good short papers, you might want to try REStud first.

📢 Early-Career Behavioral Economics Conference 2025 📢 Check out the call, help spread the word to your early-career colleagues, and submit your wonderful papers! FAIR, Bergen, June 19-20, 2025 More info: sites.google.com/site/ecbeconfe…… #ECBE2025 #EconTwitter

Due to information-processing constraints, the elasticity of people's decisions with respect to economic fundamentals is generally too small, from @BenjaminEnke, Thomas Graeber, Ryan Oprea, and Jeffrey Yang nber.org/papers/w32973

🇺🇸🇺🇦 WSJ: "US ‘Unimpressed’ With Ukraine’s Victory Plan" This is rich coming from the Biden Admin. What were they expecting to see? To win a war you need weapons and the ability to use those weapons freely against the enemy. The Biden Admin continues to deny Ukraine both.

Man on the left is the UN Secretary-General Man on the right is a wanted war criminal

Zelensky: We are an independent country Musk: His sense of humor is amazing Musk shouldn’t insult any country, let alone Ukraine amidst the war It is Putin who repeatedly makes the point that Ukraine is not sovereign, but now Musk joins him

Very unusual. Throughout his 8 minute rant, his normally fidgety hands don't move even a 1/10 of a centimeter.

BOOM! Ukrainian President Zelensky just fact-checked Trump like never before! "No, Mr. Trump, it was you in 2016!" Watching Trump sit there looking depleted and embarrassed is a reminder that the truth always prevails. JD Vance and Trump are having an unprecedented meltdown in

Winston Churchill visiting the WH in 1942. Not wearing a suit. 🇬🇧 🇺🇦

Dear Volodymyr @zelenskyyua, we stand with #Ukraine in good and in testing times. We must never confuse aggressor and victim in this terrible war. (FM)

This is scary. Rubio: I can assure you we will not be providing military aid to Russians Rubio: if Ukraine is seriously committed to peace, the U.S. position on military aid will change, and resumption of aid will be discussed (tomorrow in Saudi Arabia)

New paper "Euro Area Risk amid US Protectionism" written for the Monetary Dialogue series of the EU Parliament. #econtwitter We discuss the likely effect on the EA economy of higher tariffs imposed by the US. And the most desirable policy response both by the EU and the Ecb. 👇

The long-awaited EO to close the Department of Education is finally here. Here are my thoughts on the issue.

*** The next step for Trump's economic policy *** President Tump loves tariffs. Tariffs are taxes on the consumption of imported goods. What about boldly following through and... extending his favorite policy tool to all goods? Hear me out…

What can we learn from the high-frequency response in bond and currency markets to the tariff announcement about the status of the US dollar as the global reserve currency? Short paper. tinyurl.com/tr8u383w joint work with Arvind Krishnamurthy, Zhengyang Jiang (Zhengyang Jiang ),

Deadline for applications to our MSc programmes has been extended - apply! bsky.app/profile/hjortj…

🎯financial repression chart by Olivier Jeanne. When governments push the outside of the fiscal flight envelope, they lean on their domestic banks (central bank and private banks). Plot of share of debt held by central bank and domestic banks against debt to gdp ratio by

OH in San Francisco Child: “What’s an Uber?” Adult: “It’s like a Waymo, but with a driver”