🔥The 9th Round of Easy Loan, Earn $40 Reward is in progress❗️ ⏰ Promotion Period: January 15th - Feburary 15th, 2025 👉 Register now and check more details at gate.io/campaigns/358

My anti-anti-"AIs will soon take all jobs" take is that - we honestly don't really know how the labor effects will go - this uncertainty is being used an excuse to do no preparations whatsoever - no preparations whatsoever is a recipe for a bad time

This is cool

Google DeepMind just put out a Lean 4 repo of formalized open math problems. We need more contributions to the database! github.com/google-deepmin…

What is the optimal macroeconomic tariff when trade is imbalanced and the policy objectives go beyond social welfare and also include fiscal revenues, increasing the number of manufacturing jobs, and closing a trade deficit?

Terence Tao is selling 5,000 bars of soap that contain drops of his own chalk dust

Just posted a new policy paper arguing against antitrust populism in favor of the mainstream, econ-oriented approach to antitrust. The existing system could certainly be improved, and I think we err too strongly on the side of underenforcement. But most populist reform proposals

Fun bit of history: the Navy won the initial contract to launch the first US satellite, because the US didn’t like the optics of it going to a bunch of German immigrants, using an adapted V-2. The Navy’s rocket wasn’t ready in time to beat Sputnik, then blew up on the launchpad.

The sweet taste of a new idea. In a new profile LIDS PI Sendhil Mullainathan discusses the lifetime of unique perspectives he brings to research in behavioral economics and machine learning. Read the article. bit.ly/3Hi72hQ

My grandfather survived Auschwitz, worked his ass off to get a PhD in physics despite 5 years of slave labor w no schooling, and came to the US to build the camera for the Apollo missions. But I guess you don't want ppl like that in our country anymore you ungrateful jackass

no. freaking. way. someone actually did this IRL 😆

The 2018 steel tariffs just called to remind you that steel is produced by a tiny sliver of the economy, but used as an input by a much broader swathe of manufacturers. econofact.org/steel-tariffs-…

New abundance agenda just dropped

Honestly believe that trade policy would look different today if we’d always called them “import taxes” instead of tariffs and “goods surpluses” instead of trade deficits

It seems like a really good research agenda for ambitious young economists to think about how insurance should be designed around the possibility (by no means certain) of AI displacement.

Ben Golub Bonus question (?): how much of the stock premium for NVIDIA etc is people trying to hedge AI displacement risk? What are the best instruments to do that?

Anti-economists like Oren Cass have overreached in their criticisms of mainstream economics. They repeat bland nostrums like "econ isn't a science" without understanding what econ says or what economists do. noahpinion.blog/p/the-anti-eco…

Last month, I stepped down as an editor after 6.5 years (4 REStud; 2.5 JEEA). I have gathered a few suggestions that can help you avoid unnecessary negative referee reports.

Great list but I disagree with 1. The number of reasonable completions is huge and the referees at a given journal will want a random, unpredictable subset. It's better to make the main idea clear and indicate what extensions can be done -- without doing all of them.

View into the future of a guy writing his own paper using only his brain and overleaf

Ben Golub Overleaf? LaTeX? No, show me real artisanal typesetting: