Long overdue blog post: Our Troubled Relationship with Food medium.com/@slavesincstri… I have been thinking about this one for months and been practicing it in my own life for years, hope you find some of it applicable 🥑

10 Great Books on the History of Economic Thought 1) The Worldly Philosophers - Robert Heilbroner A constant classic outlines the lives, times and thoughts of the great economists. Incredibly readable, would also recommend as an intro to economics book.

RBI Working Paper No. 02/2024: Drivers of Commercial Paper Rate Spread - An Empirical Assessment rbi.org.in/Scripts/BS_Pre…

Masters of the Air on Apple TV was incredible, 10/10.

Thread: After more than a year of work, we have now launched dataforindia.com, a public platform that seeks to expand access to Indian data for everyone, and deepen the understanding of the country that can come from this data

Very sad that she failed the academic job market and had to take a government job.

India is facing a failing development transformation. But this seems irrelevant to both NDA and INDIA blocs, and to the election outcome. I suggest action areas, but urgent and political action is a priority. Political Capital needs to be devoted to prosperity not bigotry

Nearly half of all households in India faced heat-induced illness in May, vast majority more than 5 days This disproportionately affects thepoor. I discuss implications and policy: hindustantimes.com/india-news/how… Introducing collab btw Centre for Rapid Insights Artha Global Hindustan Times

In case you were focused on something else earlier in the week 🫣, here's the latest episode of #TheEconomicsShow with Adam Posen of the Peterson Institute I asked Adam what *he* would do re US policy towards China. Here's part of his answer, listen for the rest... ft.com/content/30f90c…

Are we adapting to climate change? In new preprint, we use decades of data on 21 outcomes around the world & measure whether they have become less sensitive to a given change in climate. We find clear evidence of such adaptation in only ~25% of cases. 1/x nber.org/papers/w32985

BREAKING NEWS The Royal Swedish Academy of Sciences has decided to award the 2024 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to Daron Acemoglu, Simon Johnson and James A. Robinson “for studies of how institutions are formed and affect prosperity.”

New Research! "Bad Bank, Bad Luck? Evidence from 1 Million Firm-Bank Relationships" We build a large novel dataset on US bank-firm relationships to ask the question “How do bank failures affect small businesses?” This is my job market paper! #econtwitter #finance #banking

Interested in birds and birding? Join us for the Pune launch of Dr. Asad Rahmani's biography, on 19 Dec!

Unspeakably excited to share HANKSSON, joint work w/ (lucky me!) Sigurd Galaasen Refet Gürkaynak M. Mæhlum K. Molnar A key question of the HANK literature: Does (household) heterogeneity amplify the aggregate effects of demand policies and shocks? Well ... 1/n tinyurl.com/3n7sx842

In the discussion of tariffs, one of the hardest things to convey to the general public is the argument that tariffs on our imports always end up harming our exporters, that is the workers and businesses in the US who are most successful at producing what the world likes

We study how trade policy can reduce global emissions. Unilateral carbon border taxes have limited efficacy at cutting foreign emissions. By contrast, coordinated trade penalties under a climate club prove highly effective. econometricsociety.org/publications/e…

Exciting news for students in India🇮🇳: get your free Google Gemini App Pro plan for 1 year! This gives you higher rate access to all our best models: 2.5 Pro, Veo 3, Deep Research, NotebookLM, and 2TB storage. Claim it at goo.gle/freepro - enjoy!

We just posted solutions to exercises of my book ``Open Economy Macroeconomics'' Princeton University Press

Showing empirically that green innovation is countercyclical and explaining it with a model where backloaded profits make green research and development less sensitive to downturns, from Diego Känzig, @maxkonradt, Lixing Wang, and Donghai Zhang nber.org/papers/w34041

🚨New paper+data with Lukasz Rachel🚨 ''Emissions-Adjusted Total Factor Productivity'' 👉Productivity growth>2005 is low in AEs📉 👉But CO2 emissions (trade-adj) are falling too🌳 👉Less climate damage 🟰 higher future consumption How can productivity stats account for that?