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maybe relevant in light of current events:

Great opportunity for aspiring economists!

Economists lay out the US budget crisis in new videos from the Hoover Institution Fiscal Policy Initiative. First up, our most pressing fiscal challenges, featuring John Cochrane, Hanno Lustig, Marc Goldwein, Valerie Ramey, Scott Winship, Kyle Pomerleau, @emilverner, myself, and others.

Does President Donald J. Trump control his administration? New IRS commissioner this week, appointment revoked today. Declaration of legal war against Harvard last weekend, labeled a mistake today. Tariffs relaxed, all attributed to absence of one advisor. Evil and incompetence

We really ought to end any and all "liquidity / panic" theories of financial crises. The causality they describe is completely backwards, and the policy interventions that they imply do not work.

If you are part of a dual-earner couple, this common financial mistake could be costing you hundreds of dollars a year (and its an AER article) pubs.aeaweb.org/doi/pdfplus/10…

Chicago Booth Review interviewed Yueran about our research on the macro role of bankruptcy efficiency in credit busts. Video below & all details here: tinyurl.com/44nsn4w7 Multiple channels may be involved. Ongoing research aims to identify the most important ones—stay tuned!

Selling a pardon to a tax cheat who steals from nurses and doctors. Not what the Founding Fathers intended. nytimes.com/2025/05/27/us/…

The Law-Breaker in Chief: nytimes.com/2025/05/28/bus…

Blocking foreign students won't devastate the American economy overnight, but it'll steadily degrade an important source of our prosperity, until one day we wake up and discover that we aren't a technological leader anymore. noahpinion.blog/p/america-need…

Stan Fischer was the most influential macroeconomist of his generation—not only to me, but to the world. He was, in turn, my teacher, my colleague, my friend, my predecessor, and my counterpart. But more than any of those roles, he was the person who best exemplified how

President Donald J. Trump's latest salvo against Harvard University clearly represents punitive extortion rather than any seriously thought through policy to promote national security. I hope and trust that the judiciary will again restrain the President in the name of lawful government

These people waved treasonous flags while assaulting cops and you pardoned them all.

Now out as a policy brief with the European Money and Finance Forum: "Ad Hoc Emergency Liquidity Assistance in the 21st Century: Necessary, but Never Sufficient": suerf.org/publications/s…

Final cover. Coming out this August Cambridge University Press - Politics

I really enjoyed speaking with Lisa Camner McKay about my research. Her piece captures the nuances of retirement saving policy and highlights why who saves more matters as much as how much we save.

publication day of our new book with augustin landier ! We make an ultra-simple point: it is not possible to think about economics separately from moral values, and it's okay. We argue that moral tradeoffs are everywhere, and they must be confronted head-on.

I am giving a short (and hopefully interactive) presentation of our new book, "The Price of our Values" with augustin landier , at the Harvard Bookstore Monday July 14, at 7pm. I can't think of a better way to celebrate Bastille day :) harvard.com/event/david-th…

Forthcoming in the AER: "Micro vs Macro Labor Supply Elasticities: The Role of Dynamic Returns to Effort" by Henrik Kleven, Claus Kreiner, Kristian Larsen, and Jakob Søgaard. aeaweb.org/articles?id=10…

Everyone has a special talent, mine is predicting future NBER working papers with uncanny precision