What a wonderful presentation by my colleague chloe gibbs in Labor Studies NBER! Using two randomized experiments, they find computer assisted learning to increase math performance by 0.12-0.22 SD, especially in classrooms that allow for more practice time.

Core PCE came in moderate for the month of June. Annual rates: 1 month: 2.2% 3 months: 2.3% 6 months: 3.4% 12 months: 2.6%

U.S. export controls are likely to impede Chinese growth only in the short term, write Hanna Dohmen, Jacob Feldgoise, and Charles Kupchan. To protect U.S. interests in the long run, Washington must focus more on improving its own innovative prowess. foreignaffairs.com/china/limits-c…

Over the last year, inflation has dropped to 2.5% while our economy grew by 3.1%, we’ve created 2.6 million new jobs, and wages have risen faster than prices. My and Kamala's economic agenda is fueling the great American comeback and delivering for working families.

Exploring how labor economists understand job search among the unemployed and the role of unemployment insurance and active labor market policies, from Thomas Le Barbanchon, Johannes, and @CEU nber.org/papers/w32720

There are hundreds, if not thousands, of different ways to evaluate LLMs, and many are never published. In a new CSET blog post, Helen Toner and Thomas Woodside 🫜 detail some commonly used evaluation methods. Explore more and read their insightful piece here: cset.georgetown.edu/article/evalua…

G20 finance ministers agree to work toward effectively taxing the super-rich washingtonpost.com/business/2024/…

U.S. export controls will only temporarily impair Beijing’s economic competitiveness, argue Hanna Dohmen, Jacob Feldgoise, and Charles Kupchan. How can the United States protect its lead in computing hardware and artificial intelligence in the long run? foreignaffairs.com/china/limits-c…

The United States should focus its energies on its own innovative prowess and ability to stay at the head of the pack on AI and the next generation of critical technologies, write Hanna Dohmen, Jacob Feldgoise, and Charles Kupchan. on.cfr.org/46hTF9U

One out of four Americans cannot afford the prescriptions their doctors prescribe. Why? Because Big Pharma has 1,800 well-paid lobbyists in Washington who are funding election efforts of politicians on both sides of the aisle. It's time for the public funding of elections.

Severe heatwave in Iran forces shops and public institutions to close theguardian.com/world/article/…

“The future of the nation’s labor force productivity and economic well-being will rely heavily on the success and integration of today’s and tomorrow’s increasingly multiracial younger population,” writes William H. Frey. brookings.edu/articles/censu…

Out-of-pocket medical spending for elderly households is unresponsive to variation in housing wealth, which suggests that these households do not face binding credit constraints, from Michael F. Lovenheim and Jun Hyun Yun nber.org/papers/w32729

New CEPR Discussion Paper - DP19277 The #Economics of #Biodiversity Loss Stefano Giglio Yale School of Management, Theresa Kuchler NYU Stern, @stroebel_econ NYU Stern, Olivier Wang NYU Stern ow.ly/fnlM50SHW4Q #CEPR_MG #CEPR_PE #CEPR_AP #CEPR_CCE

Important workforce implications for a number of countries with regard to #reskilling and #upskilling their #workforce

Join us for our next webinar on August 1 at 12PM ET where we'll be hosting a discussion on fortifying 🇺🇸 critical infrastructure in a digital world. RSVP below for our event featuring guest speakers Eric Horvitz, Phil Venables, and Georgianna Shea ⬇️ cset.georgetown.edu/event/fortifyi…

Today’s AI accelerators all share one thing in common: they are powered by semiconductors made with EUV lithography. Learn more about this breakthrough tech, and what it means for U.S. policymakers engaged in protecting the next-gen of emerging tech👇 cset.georgetown.edu/publication/tr…

Chinas Pfad, um von der Kohle wegzukommen, ist schwierig und unvorstellbar steil. Schafft es der Gigant? Davon hängt für uns mindestens so viel ab, wie vom Ausgang der US-Wahl. Essay… Von Adam Tooze DIE ZEIT DIE ZEIT Adam Tooze zeit.de/kultur/2024-07…

Now that the first set of milestones has passed for the Biden administration’s October 2023 executive order on #AI, where do things stand for biotech🧪🔬? CSET's Steph Batalis, PhD and Vikram Venkatram give us the latest. Read their recent blog post here: cset.georgetown.edu/article/180-da…

Fed lässt Leitzins unverändert tagesschau.de/wirtschaft/kon… #Zinsen #FederalReserve #WallStreet