A well deserved prize to Acemoglu, Johnson, and Robinson for the most important instrumental-variable regression of all time, in their 2001 Colonial Origins paper. Congratulations!

Is this truly the account of the Russian politician Dmitry Medvedev? Like, can that really be true?

In March 2020 as covid-19 struck I was in UK govt. I had expertise in vaccine innovation financing so was quickly brought into policy decisions on UK domestic & international covid-19 vaccine policy. Domestically, the UK made a lot of good calls and we got vaccines early... 🧵

16 years ago. How wrong we were.

😲

Vieles davon klingt für mich ausgesprochen sinnvoll. Ich glaube, die Volkswirtschaftslehre hätte ihnen gelegen, Herr Carsten Maschmeyer.

I have a massive conflict of interest here, but I cannot recommend IIES highly enough. Outstanding, curious colleagues, flat hierarchies, plenty of research time, vibrant atmosphere. And Stockholm is wonderful any time of the year. Apply!

Maybe we should let people make their own life choices? Just a thought...

Should we subsidise the care for elderly people? Patrizia blends elegant theoretical with excellent empirical work to show that an increase of the subsidy in fact paid for itself. She is an enormously promising researcher. Check out her work!

Agneta Berge, Agneta Berge, is by now probably Sweden's leading expert on the role of labour unions for the economy, with an exciting research agenda covering a broad range of important macroeconomic questions. Interested in those topics? Make sure to get to know her!

„Ich bin ehrlich gesagt völlig entsetzt gewesen, dass Christian #Lindner diesen Vergleich gemacht hat“, sagt Friedrich Merz (CDU Deutschlands) zu Lindners Aussage, man sollte in Deutschland „ein kleines bisschen mehr #Milei oder #Musk wagen“. #maischberger Das Erste

I am so happy that my friend and colleague @arash_nekoei managed to secure the generous European Research Council (ERC) support for his fantastically interesting work! 🥳🇪🇺

Some wise decision-making from the European Research Council (ERC)! Congratulations to my fantastic office-neighbour (unfortunately on leave) Kurt MIT-shock-man! 🥳

My brilliant colleague @arash_nekoei is hiring a research assistant to support his fascinating research agenda!

I hear that many leading researchers currently based at US institutions are thinking of leaving the country. It seems to me a fantastic opportunity for Europe to make a big investment in research and attract those people to come here. 🇪🇺

One nice model of LLMs is that they make private knowledge public. I haven't seen an economic model written down in quite this form, is there a reference I'm missing? Suppose each person has a given level of productivity at each task, which reflects their knowledge, and

Running bilateral trade surplus/deficits with different countries is the way it should be. Trying to eliminate each one is simply stupid. I have a trade deficit with my grocer, a trade surplus with my employer. I am not sure it would be a great idea for me to work for my grocer.