Innovation Matters

Innovation Matters a podcast of the United Nations Economic Cooperation and Integration Group interv ...View More

Late Admissions

NYTimes: Glenn C. Loury’s new book, “Late Admissions,” is unlike any economist’s memoir I have ever  ...View More

*Unit X*

The subtitle of this new and excellent book is How the Pentagon and Silicon Valley are Transforming  ...View More

How Does Flexible Incentive Pay Affect Wage Rigidity?

Perhaps not as much as you might think: We introduce dynamic incentive contracts into a model of inf ...View More

Why prediction markets are not popular

By Nick Whitaker and J. Zachary Mazlish, this is the best piece on this question so far.  Excer ...View More

The Generalist interviews me

I was happy with how this turned out, here is one excerpt: I think we’re overestimating the risks to ...View More

Why is Africa so expensive?

Here is a very good Substack post by Oliver Kim, here is the key paragraph: Intuitively, poorer coun ...View More

Why Did We Stop Building Beautiful? The Economics and Ideology Behind an Aesthetic Revolution

“Why are buildings today drab and simple, while buildings of the past were ornate and elaborately or ...View More

Experimental Evidence on Large Language Models

This paper investigate the formation of inflation expectations using Large Language Models (LLMs) ba ...View More

Will very large baby bonuses work?

That is the topic of my latest Bloomberg column.  Here is one bit: South Korea, which has the&n ...View More

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