Tyler Cowen
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🌐 marginalrevolution.comSource
It would take true Milei-like ardour to slice through Brazil’s economic troubles. These are caused by a gnarly mix of high public spending, stubborn inflation and low saving. The result is a crippling cost of capital. Some analysts put Brazil’s real interest rate, the BCB’s polic
🌐 marginalrevolution.comSource
1. Why slow fields may determine the pace of discovery. 2. Touch screens on your jacket? 3. Astras performance on Bach bench. 4. More on regional productivity differences (and puzzles) in health care. 5. “Plans to allow US companies run entirely by AI “agents” have come under fir
🌐 marginalrevolution.comSource
More likely than interference with the election is that unsuccessful office-seekers will refuse to concede, claiming their opponents cheated. Nothing is more basic to democratic legitimacy than the loser’s consent. Many feared that Mr Trump’s refusal to concede in 2020 would spre
🌐 marginalrevolution.comSource
We produce a numerical estimate of the value of unpaid breastfeeding relative to national income spanning five centuries and integrating historical and bioarchaeological data. The relative economic contribution of maternal nursing was greater in the distant past than in recent hi
🌐 marginalrevolution.comSource
1. A safe harbor for open source? 2. False but interesting claims about economic growth. 3. “In a calibrated model of the welfare effects of the estimated impacts of the Great Recession on consumption and mortality, we find that the welfare gain from the estimated mortality decli
🌐 marginalrevolution.comSource
Zahan Turel, a backend engineer and eighth-generation Zoroastrian priest from Surat, received a grant to digitize his community’s manuscripts and liturgical records before they are lost. Aditya Vijay, 17, is building Forge, supporting overlooked, self-taught young founders with s
🌐 marginalrevolution.comSource
How leaders allocate their limited time and attention is an important question in economics. This paper constructs and analyzes a novel data set covering the daily calendars of three Federal Reserve Chairs, Ben Bernanke, Janet Yellen, and Jerome Powell, containing more than 20,00
🌐 marginalrevolution.comSource
Joe Weisenthal: “The Red Line is the day that Anthropic introduced Mythos”
🌐 marginalrevolution.comSource
Here’s the first part of my theory: cybercriminals are not the organized geniuses we implicitly imagine. Anyone building a criminal gang has to find candidates willing to forgo more stable opportunities in the formal economy. My modeling estimated that something like 720,000 peop
🌐 marginalrevolution.comSource
From Jason Furman, it tracks economic indicators, mostly U.S. Here is the website. Subscribe here to briefings. Here is a thread on the site.