Today we are pleased to present a guest contribution written by Christopher A. Hartwell (ZHAW School of Management and Law, Switzerland), and Pierre Siklos (Professor Emeritus at Wilfrid Laurier University; and Balsillie School of International Affairs, Canada). A paper by...
Patient readers, I cannot put up the post I planned and researched because I suddenly got very sick with something I hope is only food poisoning. So I will put up this cross-post instead. Apologies! –lambert * * * By...
1. Newswire data set from Melissa Dell. 2. “At the nuances level, low LS was most strongly associated with feeling misunderstood, unexcited, indecisive, envious, bored, used, unable, and unrewarded…” Is that you? 3. Matt Lakeman on Tajikistan. 4. Was Hayek...
By Wolf Richter, editor of Wolf Street. Originally published at Wolf Street. Long, slow erosion of the US dollar’s dominance. China’s renminbi keeps losing ground, many other currencies gain, as does gold. The US dollar is still by far the...
The Gary Becker Papers (117.42 linear feet, 223 boxes) are now open at the University of Chicago: The collection documents much of Gary Becker’s intellectual history. One of his autobiographical essays, “A Personal Statement About My Intellectual Development” (see Box...
Videos Show That Leeches Can Jump in Pursuit of Blood NYT Goldman signals end of an era in private equity with a big hire Bloomberg Is the era of the mega private equity deal over? FT Exclusive: Andreessen Horowitz plans...
Have you ever wished that you were a superhero? If so, how much would you be willing to pay to become one? In this study, we measured the economic value of becoming a superhero or obtaining a superpower using a...
We propose a simple explanation for the long-run decline in the US start-up rate. It originates from a slowdown in labor supply growth since the late 1970s, largely predetermined by demographics. This channel can explain roughly half of the decline...
With Michigan final June survey out, we have this picture: Figure 1: Year-on-year actual CPI inflation (bold black), and expected inflation from University of Michigan (red), NY Fed (light green), Survey of Professional Forecasters (blue +), Coibion-Gorodnichenko SoFIE mean (sky blue...
1. 1987 predictions about 2024. 2. What was the most underrated ever exogenous shock to the world economy? 3. AI visualizing the Roman empire. 4. Max Hawkins randomizes. 5. Smart questions about biotech. 6. What Lochner might mean for AI...
