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DeepSeek breakthrough highlights the value of use-inspired basic research in designing products, policies, and institutions over purely engineering-driven approaches, as noted in Section 3 of my minimalist market design monograph. arxiv.org/pdf/2401.00307

Trump's trade & tariff talk reminds me of Erdogan's theories on interest rates and inflation It ended badly for Turkey And if you're searching for some 3D chess logic behind it all... perhaps consider the possibility that they actually believe what they're saying

The arrogance and sense of entitlement

Truly proud of our amazing partners in Malatya, Turkey, who performed their fifth 6-way liver exchange today. Amazingly, they have already performed 29 LE transplants in 2025 through the Banu Bedestenci Sönmez LPE system and are on track to surpass their record of 122 in 2024🥇

Week 7: The theory paper in focus this week is "Kidney Exchange" by Roth, Tayfun Sönmez & M. Utku Ünver. Undoubtedly, it is one of the most influential (in terms of research in economics) and impactful (in terms of goodness in society) papers of 21st century (micro)economics.

Fantastic research program offering solutions to some challenges Boston Public Schools officials faced two decades ago in making a choice between Deferred Acceptance and Top Trading Cycles mechanisms. The framework by Alvarez and Romero-Medina would have been a possible solution.

With the 2-way swap liver transplant we completed today İnönü Üniversitesi Liver Transplant Institute performed its 4001st liver transplant.Completion of this important event with a LPE made it even more meaningful. With the BBS LPE System” Incompatibility is not hopelessness…

Erdogan, during his tenure as Mayor of Istanbul in 1990s famously stated “Democracy is like a train: when we reach our destination, we get off.” More than 2 million people gathered today in Istanbul (despite a 9 day holiday) to show Turkish people’s commitment to democracy.

Awesome podcast on a very effective policy intervention backed by a fantastic research program by Michael Ostrovsky and an excellent example of use-inspired basic research 🌟 Don’t miss!

Time to remind ourselves of some observations about how trade appears to help stabilize alliances and prevent international conflict gsb.stanford.edu/news/research/…

Let's stop using the term trade deficits. These are bargains. We get more goods from the rest of the world than we give because they like holding dollar assets. The alternative is making foreign goods more expensive so that the bargain disappears. #econtwitter

Very interesting by Rajiv Sethi Who gains from engineered volatility? rajivsethi.substack.com/p/engineered-v…

Apropos of nothing in particular: here are two of my favorite Ben Golub papers. Should perhaps be required reading for policymakers

Congratulations Stefanie Stantcheva Stefanie Stantcheva for this great recognition 👏 Very well-deserved 🏅

Market design community Market Design Community! Interested in school choice and looking for a 4-year tenure track position? Join me at Lund University Requirements: max 5 years since completion of PhD, no employment in Sweden since 2021. More info? Contact me or see 👇 lu.varbi.com/en/what:job/jo…

journals.uchicago.edu/doi/10.1086/73…