ECONOMY

Confidently Wrong

If you’re going to challenge a scientific consensus, you better know the material. Most of us, most of the time, don’t—so deferring to expert consensus

ECONOMY

I talk with Michael Klein

Name: Greg Mankiw Location: United States I am the Robert M. Beren Professor of Economics at Harvard University. I use this blog to keep in

ECONOMY

UCSD Faculty Sound Alarm on Declining Student Skills

The UC San Diego Senate Report on Admissions documents a sharp decline in students’ math and reading skills—a warning that has been sounded before, but

ECONOMY

One-Third of US Families Earn Over $150,000

It’s astonishing that the richest country in world history could convince itself that it was plundered by immigrants and trade. Truly astonishing. From Jeremy Horpedahl

ECONOMY

Affordability sentences to ponder

The post Affordability sentences to ponder appeared first on Marginal REVOLUTION. Source link

ECONOMY

ADP Private NFP and Implied BLS NFP [updated]

ADP released +42K private NFP surprises upside (+32K Bloomberg consensus). Figure 1: ADP private NFP, October release (blue), Bloomberg consensus of 10/3

ECONOMY

Sentences to ponder

We find that interventions (e.g., busing) that move children to a more favorable neighborhood have large effects but lose impact when they are scaled up

ECONOMY

ACA Premiums without Extension of Expanded Tax Credit

Data from Pew, for average marketplace benchmark plans, per month: Figure 1: Average benchmark ACA premium (Silver plan, 40yr old), $/mo (blue). 

ECONOMY

What Economists Are Against the IEEPA Tariffs? What Economists Are in Favor?

Amicus Brief, and NTU Open Letter: Signatories: Stan Veuger is Senior Fellow at the American Enterprise Institute and Visiting Lecturer of Economics at Harvard University.

ECONOMY

Prediction Markets Are Very Accurate

alexmccullough at Dune has a very good post on the accuracy of Polymarket prediction markets. First, how do we measure accuracy? Suppose a prediction market