Thread on our essay "How mathematics built the modern world", now with correct link to Works in Progress, Works in Progress Article link: worksinprogress.co/issue/how-math…

Et si la Renaissance était une histoire de maths ? Ici la publication des premiers manuels d'arithmétique en 🇪🇺 : on voit que l'Italie a été l'épicentre dès 1350 de l'arrivée de la numération indo-arabe, et de l'enseignement du calcul et de la mesure. ▶️ worksinprogress.co/issue/how-math…

Great summary by Ben Southwood of our essay on math and the rise of the modern world in Works in Progress

"Most of the significant inventions of the Industrial Revolution were not undergirded by a deep scientific understanding, and their inventors were not scientists. … important events of the previous 500 years. … Widespread trade … Artists began using linear perspective …

I hope this paper breaks the tyranny of wedges. E.g, why is density low in Palo Alto? Wedge-speak: as-if "tax" on construction, invisible in accounting. Quota-speak: quota on construction, with rents to people with quotas. Liberation day from uninterpretable abstraction!

1/3 New WEO chapter examines implications of demographic shifts driving rapid population aging globally. Large emerging markets are already seeing a declining share of their working-age population, and most low-income countries will face similar changes by 2070.

Tariffs raise the price of investment goods relative to labor and depress the long-run capital stock, reducing long-run real consumption and wages, from @Dbaqaee and @hannesmalmberg1 nber.org/papers/w33702