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Gifts in the Workplace
Unlike many headlines suggesting gifts are inefficient, gifts from employers increase workers' productivity.
Dec 25
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Locked In: How Homeownership Limits Mobility
High house-wealth can unintentionally trap people in an area going through a downturn.
Dec 17
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Are People Really Less Conscientious?
A Financial Times article claims people have become less conscientious, but a closer look paints a more complicated picture.
Sep 21
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A Reader’s Guide to Economic Headlines
With the media posting sensational economic stats daily, filtering out the noise becomes crucial.
Sep 2
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GDP Will Reflect “AI”, But How Focused Should We Be On It?
Podcaster Dwarkesh Patel believes the value AI will not be accurately reflected in GDP – he’s both right and wrong
Aug 19
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Clearing Up the Free-Bus Debate
The provision of a government service, such as buses, and how to fund it, are fundamentally two different questions.
Jul 6
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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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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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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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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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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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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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