John Cochrane (@johnhcochrane) 's Twitter Profile
John Cochrane

@johnhcochrane

The Grumpy Economist. Senior Fellow, Hoover Institution. Opinions are mine alone and do not represent the position of the Hoover Institution or Stanford Univ.

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linkhttp://johnhcochrane.blogspot.com/ calendar_today10-07-2012 15:47:53

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caseybmulligan (@caseybmulligan) 's Twitter Profile Photo

If only there were an equilibrium presentation of price controls. Even better, with grocery ceilings as a leading example. Oh wait ... forthcoming in Public Choice.

If only there were an equilibrium presentation of price controls.  Even better, with grocery ceilings as a leading example.

Oh wait ... forthcoming in Public Choice.
Luis Garicano 🇪🇺🇺🇦 (@lugaricano) 's Twitter Profile Photo

Outstanding essay on the worldwide plummeting birth rates and the coming demographic winter by J. Fernández-Villaverde. The 2023 fertility rates are astonishing, e.g: - South Korea: 0.72 - Colombia and Chile: 1.2 - Argentina and Brazil: 1.4 - Turkey: 1.51 spectator.co.uk/article/the-gl…

John Cochrane (@johnhcochrane) 's Twitter Profile Photo

Profit margin is (revenue - cost) / cost. Return, comparable to dividends on other investments, is (revenue-cost)/capital stock. Cost is very large for a retailer like Walmart, much more than the value of the store.

Bjorn Lomborg (@bjornlomborg) 's Twitter Profile Photo

Unjust new climate world: In California, 12 million households without solar now pay the 1.5 million with solar $8.5 billion Each poorer household subsidizes rich solar owners with $700! Each rich solar household gets $5,600+ publicadvocates.cpuc.ca.gov/press-room/rep… reuters.com/sustainability…

Unjust new climate world:

In California, 12 million households without solar now pay the 1.5 million with solar $8.5 billion

Each poorer household subsidizes rich solar owners with $700!

Each rich solar household gets $5,600+

publicadvocates.cpuc.ca.gov/press-room/rep…
reuters.com/sustainability…
Global Liberty Institute (@_globalliberty) 's Twitter Profile Photo

.Jay Bhattacharya: For the first time in history, the NEJM suggested which presidential candidate they liked. nature, Scientific American—all endorsed a presidential candidate... The idea that public health is for Democrats but not for Republicans is the death of public health.

John Cochrane (@johnhcochrane) 's Twitter Profile Photo

Back to sleep. Pointer to a great blog post series that reviews evidence on how babies should sleep. grumpy-economist.com/p/back-to-sleep

Mariacristina De Nardi (@m_de_nardi) 's Twitter Profile Photo

There is more than one tool to make more affordable housing. Manufactured housing made up 1/3 of single family homes before 1974. Then, Congress imposed that they have to be permanently attached to a rolling trailer, which made them almost disappear.

Joshua Rauh (@joshrauh) 's Twitter Profile Photo

Apropos of nothing, periodic reminder that ChatGPT won’t repeat the words of Churchill’s most famous war speech (“We shall fight”) due to violation of its terms, but it will repeat the words of Hitler’s most famous warmongering speech and Hitler’s most famous antisemitic speech

Apropos of nothing, periodic reminder that ChatGPT won’t repeat the words of Churchill’s most famous war speech (“We shall fight”) due to violation of its terms, but it will repeat the words of Hitler’s most famous warmongering speech and Hitler’s most famous antisemitic speech