I spent the weekend trying to process what's happening in my city of Minneapolis, Minnesota by creating this video. youtu.be/W1dyNcRGRXY
Where we are as a country
Some countries that have prosecuted or threatened to prosecute central bankers for the purpose of political intimidation or punishment for monetary policy decisions: Argentina, Russia, Turkey, Venezuela and Zimbabwe.
The worst ones are people like Hassett, who are very aware that they are lying to the American people week after week on Sunday shows to cover for Trump, but do it effortlessly with a smile. In many ways worse than the brainless cultists. bsky.app/profile/atru...
Nice to my work with @ericchyn.bsky.social and @dismalscientist86.bsky.social covered in the latest @nber.org Digest!
What wild, utter incompetence. Such an embarrassment.
So glad all those Marxists were defeated. Now, what price will the kommissar allow to be charged for automobiles this year?
I typically avoid posting normative analysis of government action.
However, my old office at HUD, PD&R, is on the D0GE chopping block and I want to spell-out why this is a terrible idea...
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Truly bewildering that things that would disqualify someone from virtually any normal job are somehow not that big of a deal in the context of the absolute most critical roles in our government. Personally, I think it should be the opposite.
It's a 50% sample of all deaths because, IIRC, they switched up how states sent them the data. Convention is to just scale up any 1972 aggregate rates by 2. I verified for myself one time that this is what the CDC data portal does (wonder.cdc.gov/cmf-icd8.html)
Excited to share results from a 4-year first-ever RCT across US jails. We (Crystal Yang & I) find that death rates are much higher in jails than officially reported & health care accreditation improves staff coordination, quality & save lives.
www.nber.org/papers/w33357
Here are two papers along that line!
jhr.uwpress.org/content/56/1...
www.nber.org/papers/w28040
I have an op-ed in the NYT today about how to reduce crime.
The key idea, based on decades of strong research evidence: focus on increasing the probability of getting caught, not the punishment.
www.nytimes.com/2024/12/07/o...