Jack Meyer

“China has been hit much harder than the USA, not even close. They, and many other nations, have treated us unsustainably badly. We have been the dumb and helpless “whipping post,” but not any longer. We are bringing back jobs and businesses like never before. Already, more than FIVE TRILLION DOLLARS OF INVESTMENT, and rising fast! THIS IS AN ECONOMIC REVOLUTION, AND WE WILL WIN. HANG TOUGH, it won’t be easy, but the end result will be historic. We will, MAKE AMERICA GREAT AGAIN!!!”

tariff poasting still going well I see

The geniuses at DOGE are bringing us insights like "I'm not really sure why the tax agency for a country of 330 million people has a larger staff than a midsize bank"

Grateful for the opportunity to present my research on the economics of patent disclosure reform to an interdisciplinary audience, many thanks to
St Peter’s College for hosting

remember stuff like this when they tell you that diversity means a lowering of standards

I was just informed that two repatriation flights from the United States, with a large number of Illegal Criminals, were not allowed to land in Colombia. This order was given by Colombia’s Socialist President Gustavo Petro, who is already very unpopular amongst his people. Petro’s denial of these flights has jeopardized the National Security and Public Safety of the United States, so I have directed my Administration to immediately take the following urgent and decisive retaliatory measures: -Emergency 25% tariffs on all goods coming into the United States. In one week, the 25% tariffs will be raised to 50%. -A Travel Ban and immediate Visa Revocations on the Colombian Government Officials, and all Allies and Supporters. -Visa Sanctions on all Party Members, Family Members, and Supporters of the Colombian Government. -Enhanced Customs and Border Protection Inspections of all Colombian Nationals and Cargo on national security grounds. -IEEPA Treasury, Banking and Financial Sanctions to be fully imposed. These measures are just the beginning. We will not allow the Colombian Government to violate its legal obligations with regard to the acceptance and return of the Criminals they forced into the United States!

babe wake up the president is going to start a diplomatic war with Colombia

Explaining to my coauthor that maybe what we really need to set our paper proposal apart is a novel (and somewhat dubious) instrument

“we must substantively engage with obviously specious and disingenuous claims as long as there is a veneer academic inquiry” is why we’re in a place where scientific racism can circulate in the mainstream

How it feels to do all my analysis in base R

It’s a bit of a bummer to have to go back and edit a research proposal to remove or revise any mentions of federal climate and environmental programs that as of the last week no longer exist

Kevin McCarthy

Look, it’s going to be painful, but stuff like shutting down the government during the holidays are important to do because that’s what the voters wanted.

Some early Christmas readings

we need to talk about what the "credibility revolution" is doing to our kids

Discussing Capital in the 21st Century

How it feels to be included in an econ history starter pack full of actual economic historians

Got to see the sun today, so that was nice

This can't be good

papers.ssrn.com/sol3/papers....

Thinking about how inflation affected the US election - I'm struck that the real wage increases seen by lower income people did not persist for those on middle incomes, who also saw the greatest inflation on their consumption basket.

Almost half of all industrial policies around the world target electric vehicles-related sectors.

Since 2008 those industrial policies have substantially increased innovation activity (e.g., patents) at the country and firm level.

www.nber.org/papers/w33138

I like when a problem set asks me to give the economic intuition behind an answer, it’s like I’m being asked to vibe check my maths

“New Institionalist Gavin Newsom Isn’t real, he can’t hurt you”
New Institionalist Gavin Newsom:

People’s inability to handle randomness continues to amaze. Half of u couldn’t believe it would truly be a coin flip, that Harris must be secretly winning. Now everyone is posting as if dem loss was inevitable and future losses are impossible to avert. God!! Grow up please

Wow I guess it’s really that simple

Every few months I say I’m going to start migrating my posts over to this site, but I promise I really mean it this time

The Nobel Committee presenting the prize in economics: