They brought a PowerPoint to a demo fight youtube.com/watch?v=AJYsA1…

Well, here is a diagram showing all the stages in a typical highways scheme. You have similar for other sectors as well. It covers c300 steps. It takes 5.5 years to get to the point at which you can put a spade in the ground, assuming everything goes to plan. (4/19)

Half of British television always starts like this.

Last month, in collaboration with the Internet Archive , we announced the availability of 117,500 complete Russia Today broadcasts spanning July 15, 2010 to present, totaling more than 4.3GB of text, made available for journalists and scholars to blog.gdeltproject.org/visual-explore…

Come and work with Marleen Marra and me on all the good stuff: urban+spatial+IO 👇

Preparing for interview to FAANG / Working in FAANG

19. A small thing to add is that I don't feel very different inside from how I felt when much younger. Of course, I've experienced a lot more, but I still feel a bit like a 17-year-old who is just pretending to be a grown-up.

New big blog post covering the history of the pharma industry, why drugs cost orders of magnitude more to develop now than in the 50s, and some suggestions on what we can do to improve R&D efficiency. Written for a general audience. atelfo.github.io/2023/12/23/bio…

treat for @abiylfoyp

All 82 original contributions to the evidence volume of the IFS Deaton Review are collected here. This expert evidence, soon to be published in Oxford Open Economics, will inform the Review panel as they consider the conclusions of the review ifs.org.uk/inequality/dir…

2) On Price Theory. What is the Chicago Price Theory style? Best thing I can recommend is to experience it yourself by listening to the playlist of Kevin Murphy's classes. youtube.com/@chicagopricet…. He is an amazing teacher, and makes economics come alive. Is it true as Levitt

Listen to the Mirrlees Review: what matters is how progressive the system is *overall*. If you assess individual policies on their progressivity, like here, you will sacrifice efficiency and end up with a system that makes us much poorer overall, including people at the bottom.

“Any system which is set up to maximise a single objective has the potential to go bonkers.” This is the big theme of Dan Davies's book The Unaccountability Machine. It’s an excellent read. I highly recommend it.

But the questions he asks are disturbing. Caro's specialty is men who have amassed great power in democratic systems through non-democratic means.

3 weeks ago the Institute for Fiscal Studies Deaton Review got published. A treasure trove of articles on economic #inequality: ifs.org.uk/inequality/evi… As well as a host of country studies: ifs.org.uk/inequality/cou…

From Jake Thomas: Bluesky firehouse as public Parquet files like the taxi dataset. Query from DuckDB: attach 'hive.buz.dev/bluesky/catalog' as bluesky; select * from bluesky.jetstream limit 100;

🤣 Poor wolves they should be careful in picking their targets.

In UCL Economics, we engage in the #globaldiscourse in #economics. Our annual Gorman Lecture (and conference) returns this May with the distinguished Ariel Pakes from Harvard University discussing market counterfactuals. Register now ➡️ucl.ac.uk/economics/even…

⏳ Time to reorganize universities from scratch? I have been thinking a lot about what it means to be a university in 2025, once AI has arrived. My approach to learning new topics has undergone a significant change. Instead of relying only on textbooks or papers, I now integrate

Let me explain why I believe modern economics is such a powerful tool for understanding the world. I’ll do this by discussing a great paper by Simone Cerreia-Vioglio, Lars Peter Hansen, Fabio Maccheroni, and Massimo Marinacci, “Making Decisions Under Model Misspecification,”