Russia fines Google $20,000,000,000,000,000,000,000,000,000,000,000 - CNN This is simultaneously hilarious and frightening. apple.news/AH7sj3R8gTpuR4…

A database of millions of policy documents offers an insight into how academic work is influencing government action ⁦Florian Ederer⁩ nice example of real-world impact of research paper. search.app/TrnvHLToZo14YH…

Restaurants exempted from new Junk Fees legislation. In Chicago, many prominent restaurants tack 20% surcharges onto bills, to pay benefits for min-wage employees. Ok, where's proof? And why not raise menu prices 20%? They want to trick consumers into paying more!

Growing up in Canada, I was always told how lucky I was to have access to free healthcare. I now watch from afar as friends and family back home see their health deteriorate as they wait interminably for care.

“There is no defense of those who celebrated the murder of Brian Thompson.” theatlantic.com/ideas/archive/…

One would normally want to wait longer to evaluate the effects of major policy changes, but the results of the first three days of Congestion Pricing in New York City are so striking that it is already possible to make some (at least preliminary) conclusions. (A 🧵)

Yes please!!!! Chicago could consider congestion pricing after New York launches program - NBC 5 Chicago apple.news/AUlU0V0TQRBaIk…

It’s delightful to read how, in their own muddled way, food companies are rediscovering the law of downward-sloping demand. “Packaged food and snack company executives see sustained volume growth as the way forward…” wsj.com/articles/why-f…

The irony

Unclear about specific concern. If merely requiring transparency on data used to set prices, fine. But subtext is differential pricing is wrong/illegal. Why the new word, surveillance pricing? Documented practices predate internet. Segmented pricing, zone pricing … old hat.

“Congestion pricing began on January 5. One month in, traffic is down, public buses are faster, and transit ridership is up.” —> Good leadership & sound economics coordinate better outcomes. Next stop hopefully chicago! Here’s your chance Mayor Johnson. search.app/u2xQyb65eKGKgg…

WH adding $0.50 egg surcharge. USDA says egg prices up from $4.16/doz ($0.35/egg) in Dec '24 to $7.08/doz ($0.59/egg). That's a big increase. BUT ... WH is passing thru 208% of the cost increase to their consumers!?!? linkedin.com/news/story/waf…

The fight against inflation continued to face headwinds in January, with consumer prices rising more than expected If only this had been a predictable outcome of the recent slew of policies… wsj.com/economy/cpi-in…

Anyone else notice this on Google Map?

The perils of refusing to discuss unintended costs of regulation. GDPR being only one of the ways Europe’s efforts to protect consumers instead held back its economy. Time to acknowledge “trade-offs” into European regulatory discussions.

rohit Eric Seufert was right, EVERYTHING is an ad network, even the White House x.com/DrewPavlou/sta…

“Organizers had planned to offer the "guaranteed lowest-price four-day tickets," but only for one hour. Before the hour was up, the tickets were gone.” Entertainment industry seems committed to remaining blissfully ignorant to economics. search.app/p9T1YccrFJqw3p…

“President Trump has warned CEOs of some of the top U.S. automakers that they had better not raise car prices because of tariffs” —— so tariffs are effectively an increase in corporate taxes? wsj.com/business/autos…

Perhaps unsurprising that math/quant courses with “objective” answers to assignments, more students outsource homework to Claude. Solution: embrace this in applied classes. For core classes that teach methods, just use more in-class evaluations to audit mastery of concepts.

This is not political. it’s about transparency & rebuilding consumer trust. In 2023, words “greedflation” & “collusion” were thrown around by angry consumers due to opaque price inflation at shelf. We should welcome transparency re when price increases do/don’t increase profits