Tore Ellingsen

Agree.

Pleased to see organizational/institutional economists Hart, Henderson and Maskin join the political scientists (and the political economist, Rodrik) in this fight for academic freedom.

This is brave and correct. Like my colleague, I wrote to President Garber. The crux of my message:

No, not unless there is a promise to give decisive help to Ukraine in the background (and I’m not holding my breath).

Consumers are also tax payers. Raising taxes from imports allows tax reductions elsewhere. (Of course, the average Maga-voter won’t get any of those, I know.)

How about "A Note on Tariffs and the Terms of Trade"
by Nicholas Kaldor, Economica , Vol. 7, No. 28 (Nov., 1940), pp. 377-380?

No. European producers are the main losers. (US consumers are also tax payers, and tariff revenues replace US taxes.) We are letting our producers down when we give in to the bully.

Stikkan!

Varför avgår du inte Romina?
Var så snäll nu och hör på vår bön
Det är dags att du lämnar, Romina
Så du kan sluta att svika miljön

(Melodi Är du kär i mig ännu Klas-Göran, Stickan Andersson; textidé Gun Zetterström)

Self-own?

YouTube video by The Daily Show Jon Stewart Reacts to Colbert's Cancellation & Trump's "Bawdy" Epstein Doodles | The Daily Show

Jon Stewart Reacts to Colbert's Cancellation & Trump's "Bawdy" Epstein Doodles

youtu.be/TwOLo_U6bTw

Fast Centerpartiet gör väl ett försök?

Viktor Gyökeres fails to report for Sporting training as he targets Arsenal move Viktor Gyökeres faces disciplinary action from Sporting after he missed his deadline to report for pre-season training

www.theguardian.com/football/202...

This is an interesting clash of cultures. Sporting is trying to cash in by defaulting on an informal promise to the player. Stupid. VG - being Nordic and committed to ideals of dutifulness - will retaliate out of moral rage rather than accepting being cheated.

Harvard sociologist/polisci Theda Skocpol explains how the vast expansion of ICE in BBB may be Trump's secret weapon to overcome the barriers of federalism and complete his autocratic takeover of the American state. (History from Germany & Hungary in 20s/30s.) talkingpointsmemo.com/edblog/criti...

Had friends?

Generative AI’s crippling and widespread failure to induce robust models of the world LLM failures to reason, as documented in Apple’s Illusion of Thinking paper, are really only part of a much deeper problem

I think this has some merit:

garymarcus.substack.com/p/generative...

The Big, Beautiful Bill assigns each American a billionaire who will live the American dream for you. You can check in on your billionaire at intervals and see how he is using your money. Maybe he's building a 19th pool. Maybe he's buying himself some formerly public land! Maybe he's taking a Supreme Court justice on a dream vacation! Maybe he is reupholstering the Statue of Liberty to hide the poem.

www.theatlantic.com/newsletters/...

This is a convincing argument. (Provided you think the authoritarian takeover can still be reversed.)

To an academic economist, this criticism of LLMs is strikingly similar to our profession’s criticism of macro-models without micro-foundations.

People spent years trying to rationalize Trump foreign policy in terms of “realpolitik, “great-power competition,” & “great-power concerts.” This is, as we say in social science, bullshit.

He’s a kleptocratic authoritarian. His foreign policy is about accumulating personal wealth & status

[1/2]

My Grandmother Stood Up to Nixon—Jeff Bezos Should Take Note Fifty-four years ago, Katharine Graham defended The Washington Post against presidential threats. Her granddaughter now fears its soul is being sold.

--->

www.thenation.com/article/soci...

Why I returned the Faraday prize to the Royal Society Andrea Sella explains how inaction over Elon Musk's membership motivated him to act

Now I've had a chance to read Andrea Sella's article in @chemistryworld.com on why he returned his Royal Society Faraday Medal. I recommend that you read it too. It's inspiring, though inevitably also disturbing, in these troubled times.
www.chemistryworld.com/opinion/why-...

1/n Since I'm currently using it in my research, let me recommend once again this wonderful (prized) paper on the origins, reception and legacy of Jensen and Meckling's 1976 definition of the firm as a nexus of contracts by @dgindis.bsky.social

academic.oup.com/oep/article/...

Yes, oversimplification is risky, and Justin is doing us a disservice by pretending the ”optimal unilateral tariff” is zero.

#econsky What do we know about “Artificial Intelligence, Scientific Discovery, and Product Innovation” and about MIT's investigation of this paper, which apparently led to expulsion of its author? And what should we change in response. /1

Surely, passage of this legislation must entail exit from the EU?

Who wrote the following, and when?

"Provided that the elasticity of foreign demand is less than infinite there is always some rate of duty which it is advantageous to introduce in the absence of retaliation"

How about "A Note on Tariffs and the Terms of Trade"
by Nicholas Kaldor, Economica , Vol. 7, No. 28 (Nov., 1940), pp. 377-380?

7. They are attempting to justify these changes with language around efficiency and cost-saving, but this is unmitigated bullshit.

For many decades the NSF has been a wildly successful model of supporting a domestic science and technology ecosystem while producing breakthrough science at scale.