James Traina
@econtraina
Economist & Finance AP @NYUStern @NYUAbuDhabi | PhD @ChicagoBooth & @UChi_Economics | Markups, Productivity, Investment, Technology
ID: 1466100417310474240
https://sites.google.com/site/trainajames/ 01-12-2021 17:42:48
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Egg prices are high now, but they are also notoriously variable overtime. In fact they are the series most commonly excluded from the Trimmed Mean PCE Inflation Series of the Dallas Fed! (true even if trimming only bottom/top 10%) Table from work w Dominic A. Smith👇
Brian Albrecht (Brian Albrecht) consistently offers some of the sharpest takes on basic economics on X. His recent post is a gem: 🔗 economicforces.xyz/p/will-ai-skyr… Brian makes a simple but essential point, one I’ve tried (and failed) to make thousands of times when talking about
As AI automates junior-level tasks, it destroys the training grounds that create future experts. Who will train the next generation when entry-level work provides no value for firms to capture? Today on Silicon Continent on the 'AI-Becker problem': siliconcontinent.com/p/the-ai-becke…