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One more observation on this year's Nobel Prize ... and the impact of David Card David Card ran a PhD replication econometrics class at Berkeley and that's where all the "famous feuds" originated: 1) Rothstein vs Hoxby 2) Albouy vs Acemoglu-Johnson-Robinson 3) McCrary vs Levitt

You might think work is one of the few places we come together regardless of political viewpoint. Turns out, not really. From Sahil Chinoy JMP, with this incredible figure:

Economic valuations fluctuate in ways empirical research cannot fully explain What information are we missing? Economic theories emphasize the role of hard-to-quantify beliefs and perceptions My job market paper develops algorithms + measurement to quantify perceptions of firms

This is really big. A machine learning study has found that the political leanings of economists not only influence the language they use to present their results in academic research, but also the very estimates they produce for several “objective” variables, such that the

Recently accepted by #QJE, “A Cognitive View of Policing,” by Dube, MacArthur (Sandy Jo), and Shah: doi.org/10.1093/qje/qj…

More evidence on the effects of Medicaid access on crime! See this new excellent working paper using the Medicaid experiment (pre state expansions).

Random

*saves file on computer* OneDrive: got it me: where? OneDrive: what

These kids wouldn’t get it lmao coming to school with a fresh pack of elite socks was a crazy flex

This data is the biggest electoral black pill. Voters know nothing! It’s all vibes!

"I find that rents fall by 2% for parcels within 100m of new construction. Renters' risk of displacement to a lower-income neighborhood falls by 17%."

"Economic progress is fake because I, personally, am not doing better than my parents" is just the left wing version of "global warming is fake because it's cold today"

Every governing party facing election in a developed country in 2024 lost vote share, the first time this has ever happened.

Senator, I am a cardiologist trained at Mayo Clinic. Without the H1B visa, my path to U.S. citizenship would have been impossible. Before hiring me, my employer struggled for over a year to find a qualified, well-trained cardiologist to serve rural Kansas. I’d be happy to meet

Another case where the short-term program effects are null, but long-term effects are substantial. Kind of a problem since so much econ research is based on very high quality evaluations of short-term program effects. academic.oup.com/qje/article/13…

"I will teach myself math from books." The book:

Recently accepted by #QJE, “The Impact of Being Denied a Wanted Abortion on Women and their Children,” by Londoño-Vélez (Juliana Londoño-Vélez) and Saravia: doi.org/10.1093/qje/qj…

Earnings calls showing a huge spike in anticipated pressure from tariffs — and this is for data up to March 31, before “Liberation Day”! from Matteo Maggiori Antonio Coppola Christopher Clayton Jesse Schreger

Congratulations to Stefanie Stantcheva (Stefanie Stantcheva s-stantcheva.bsky.social) of Harvard University, winner of the 2025 John Bates Clark Medal! aeaweb.org/about-aea/hono…