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GenAI – Will Workers Disappear?
Public predictions about the impact of genAI on workers and the economy are dramatic – but are they right?
Jun 30
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GenAI – Will Workers Disappear?
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Yes – Tariffs Have Increased Prices and Inflation in the US
The price increases from tariffs can be seen in both economy-wide data and retail data.
Jun 16
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Yes – Tariffs Have Increased Prices and Inflation in the US
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Can Large Tech Companies Be 'Bad' for the Economy but Good for Workers?
Dominant tech firms can stifle innovation, but this may actually benefit their employees.
Jun 9
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Can Large Tech Companies Be 'Bad' for the Economy but Good for Workers?
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Why Import Tariffs are Identical to Export Taxes
Proponents of import tariffs would quickly criticize the imposition of export taxes. But both these policies are basically identical.
Apr 13
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Why Import Tariffs are Identical to Export Taxes
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Book Recommendation – Economic Fables
Ariel Rubinstein's "Economic Fables" is a great, albeit not your typical, introduction to economics and economic thinking.
Mar 31
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Book Recommendation – Economic Fables
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Why Policy Changes Are Often Misjudged – the Lucas Critique
When policies fail to deliver, it is often that the Lucas Critique that wasn't considered.
Feb 2
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Why Policy Changes Are Often Misjudged – the Lucas Critique
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Higher Education – Is It Worth It?
Do the extra years of schooling at college increase people’s skills or is college just an expensive signal? A recent study suggests it’s the former
Dec 10, 2024
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Higher Education – Is It Worth It?
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Holidays and Gift Giving
Gift giving is a contentious topic on economics – is it valuable or a waste of money. The evidence points to the former.
Dec 3, 2024
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Holidays and Gift Giving
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Electoral Issue #2: Why We Demand Bad Policy
Under-appreciating equilibrium effects can result in voters demanding sub-optimal policy.
Sep 23, 2024
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Electoral Issue #2: Why We Demand Bad Policy
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Economic Brain Teasers
Economic brain teasers can be helpful to understand economic relationships. Using them for ‘gotcha’ type answers, however, is extremely unhelpful.
Aug 20, 2024
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Economic Brain Teasers
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How We Misinterpret Electoral Polls
Polls are often used as forecasts, when really they should be used as part of a model to forecast.
Aug 4, 2024
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How We Misinterpret Electoral Polls
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Can You Handle the Heat
Hot weather can be uncomfortable. But it also noticeably impacts behavior and economic output.
Jul 23, 2024
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Can You Handle the Heat
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