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Stories which attribute outcomes to causes have stronger effects than statistical information, from Chad W. Kendall and Constantin Charles nber.org/papers/w30346

QuantEcon has released an updated version of the Julia lecture notes, with updated manifests and packages for Julia 1.11 support: julia.quantecon.org/intro.html

It’s a story telling us, don’t let the environment and the setbacks beat you down… keep grinding and you’ll be recognized and make that happen! Congrats Zhou! 🇨🇳

这对我来说是个人事。我以前有机会在中国工作和教课，我永远忘不了有这么多人花时间与我交谈并帮助我学习语言。我非常感谢，也非常尊重中国人民。而且每次我提到我是麻省理工的，人们总是很友善和尊重。所以我必须说尊重和钦佩是相互的！无论国际或种族，我们都是人类兄弟姐妹，都值得被视为个体。

2014 vs 2025 👀

GHH preference is not v accurate. Sometimes people would be happy to work / being employed, and it generates non-pecuniary utility which is not related to consumption increases

New Paper Alert! We hear a lot about China’s rise as an economic superpower and its impact on manufacturing in rich countries. But another global shake-up is unfolding: China’s soaring demand for commodities is transforming economies in the Global South. How?

For those who will take this as a shot at me…I don’t take it as such. I was pure skill & will. Cooper is far more talented than I ever was and if he stays healthy will have a far better career. He could very well have a statue by the time he’s finished. I’m a HUGE fan.

The long-term impact of keeping versus losing one's home following a mortgage delinquency in the aftermath of the Great Recession, from Heidi Artigue, Pat Bayer, Fernando V. Ferreira, and Stephen L Ross nber.org/papers/w33692

Who benefits from trade wars? Government-linked firms.

ESG flows turned negative!

Extracting information from a dataset of 3 million documents issued by Chinese central, provincial, and municipal administrations to assess China's industrial policies over the period 2000 to 2022, from Hanming Fang, Ming Li, and Guangli Lu nber.org/papers/w33814