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.”

It's a well-deserved prize, but kudos to the Nobel committee for also including this 👇 so that we don't forget that it is all work in progress

🇲🇩 Final update: Moldova votes in favor of joining the EU in referendum. Preliminary results after 100% of votes counted: 50.46% support EU membership ✅ 49.54% oppose

Applications for the Chicago Fed's summer 2025 paid #internship program are open through 11/22. This is a great opportunity for students to be part of the Fed's work to advance a strong #economy, promote a trusted financial system & serve the public good. bit.ly/3YFfLQ9

Voters in eight U.S. states backed measures to ease property taxes as frustration grows over rising tax bills linked to soaring home values. Georgia and Florida led with assessment caps; inflation-tied exemptions. Link: wsj.com/real-estate/pr… #PublicFinance #Taxes #LocalGovt

This paper studies how persecution affected who migrated before and after the collapse of Communism. Just Accepted new paper by Ran Abramitzky, Travis Baseler, and Isabelle Sin zurl.co/VDbs

Chicago Fed's Austan Goolsbee said as long as inflation continues down toward the central bank’s 2% goal, interest rates will be “a lot” lower over the next 12-18 months trib.al/nyI59pO

For some clarity Petar Bogdan Bakshev (Petrus Deodatus) is a Bulgarian catholic Archbishop from the town of Chiprovtsi (northwest Bulgaria) who wrote the first Bulgarian 🇧🇬 history in Latin ca. 1667: 'De antiquitate Paterni soli, et de rebus Bulgaricis ad suos Compatriotas'

Assessing the Effects of the 2017 Tax Cut and Jobs Act aeaweb.org/research/busin…

Oakland accidentally published a report saying the city could face bankruptcy. "Fecklessness and failure to take dramatic and immediate steps to reduce expenditures will almost certainly result in insolvency." #Oakland #California #PublicFinance oaklandside.org/2024/11/18/oak…

Call for papers on muni bond market, state & local fiscal issues, taxes, infrastructure spending, climate change for Municipal Finance Conference The Brookings Institution Hutchins Center. In-person. July 22-23 in DC. brookings.edu/centers/the-hu…

Днес е най-хубавия Български празник! Факт е, че Кирилицата наричана още Българската азбука е създадена от учениците на светите братя,след смъртта им в земите на днешна Македония, тогава част от Българското царство. Създадена по заръка на Българския цар и подарена на вси Славяни!

📢 This Friday (5/27), I’m organizing the 2025 Chicago Fed Growth & Development Conference! We have exciting papers by Bernardo Ribeiro (Bernardo Ribeiro @princeton), Ana Maria Santacreu (Ana Maria Santacreu St. Louis Fed), Diego Restuccia (Diego Restuccia University of Toronto), Ezra Oberfield (Ezra Oberfield