Attention, local commentariat.

A ratchet.

Relevant to Australia, too. It’s a long read but well worthwhile .

A perfect summary: “exiting economism, that is, decolonising the social imaginary and liberating public debate from prevalent discourses couched in economic terms, privileging growth”.

For the same reason that cinemas give pensioner discounts: third degree price discrimination isn’t anti-competitive.

Coming to all ports eventually.

Mao’s Great Leap Backwards, as it turned out.

As public finance economists have always said, a payroll tax does not lead to fewer jobs; it gets passed on as higher prices (and lower wages).

India took the wickets of the two night watchmen: - Pat Cummins - Marnus Labuschagne

The JPE is pleased to announce that the Robert E. Lucas Jr. Prize for 2025 has been awarded to Chris Edmond, Virgiliu Midrigan, and Daniel Xu for “How Costly are Markups?” Read about the prizewinning paper here: journals.uchicago.edu/journals/jpe/l…. Chris Edmond virgiliu midrigan Daniel Yi Xu

In honor of Taylor Swift's recent 35th birthday, here are 35 Taylor series

Special issue of the journal History of Economics Review on the Life and Works of Geoff Brennan. tandfonline.com/toc/rher20/88/1

Unironically, with enough technical chops economics can explain anything and everything.

Antimicrobial resistance makes previously manageable infections increasingly challenging or impossible to treat. ACIL Allen’s 2022 report to the Aust gov on funding mechanisms to stimulate the discovery of novel antibiotics, is now publicly available. linkedin.com/posts/acil-all…

This seems timely.

“I’m going to govern in econometrics”. Might or might not happen, but that’s the maximum likelihood.

No doubt fascinating, but how is this economics?

On Stan Fischer, in today’s Financial Review , reproduced from Bloomberg. (The Fin editors could have done some checking to see if he’d had some Australian students. They’d have found a former Governor and Deputy Governor of the Reserve Bank of Australia .)