Top recent posts by Economists and Policy Experts on Bluesky

In possibly the fastest shift in public opinion I've ever seen, local data center approval went from -5 to -65 in less than a year heatmap.news/daily/data-c...

The Jungle by Upton Sinclair wasn’t supposed to be an instructional manual www.newsweek.com/biggest-fda-...

I think this is all good and correct reading on the UST buyback, but the other thing to remember is that they are just panicking and trying to pull any lever they can.

Republican administrations enact enormous tax cuts tilted towards the richest, get shocked Pikachu about deficits, and then call to decimate social programs that Americans rely on A tale as old as time

*INTERNATIONAL APPLICANTS TO US COLLEGES FELL 10% THIS YEAR

We've taken the dynamics from crude (where verbal interventions created significant downside risks to being long) and are now doing them in UST. *US TREASURIES PARE DAY'S DECLINES AS BESSENT SPEAKS

It's very strange people can't separate "will LLMs see increasing use in specialized fields?" from "Is it inevitable that LLMs remain a mass market consumer facing product?". The latter is very much not guaranteed. It only happened at all because OpenAI did a mentally carcinogenic marketing gimmick.

AFC 👀 *UEFA, AFC, CONCACAF MULL NO-CONFIDENCE VOTE FOR INFANTINO: RTRS

They're calling it the sanest tweet about anti-data center backlash of all time

This is genuinely insane, just do 8 teams from each conference with a two-leg system

@marthagimbel.bsky.social

Some more charts to add to Julia's point.

I mean if they're valued on the same metrics as $SPCX is they'll do this easily. *ANTHROPIC EXPECTS TO MATCH SPACEX’S RECORD IPO SIZE OR TOP IT *ANTRHOPIC SAID TO PREPARE IPO FILING AS SOON AS END OF AUGUST

Looking forward to some enterprising lawyers getting involved in this one *TREASURY DEPT BARS ESG FUNDS FROM TRUMP ACCOUNTS: FOX BUSINESS

The turn against data centers feels like the end of industrial policy as a political movement.

Bitcoin sitting on its biggest two-day gain since March 2, 2025, +11.1% since Tuesday. The 2025 move was on the US crypto reserve announcement, this time it's a Trump meeting with the industry and optimism around the Clarity Act which is awaiting Senate approval (haven't followed its prognosis tbh)

It's funny the extent to which the Trump immigration policy is a PR disaster (in addition to the bad non-PR effects!).

Lehman fell in Sept, 2008. It took until 2011 for inequality to become a more salient economic issue, and then 2016 for both parties to adjust to an environment of low interest rates/low growth/low inflation. Feels like the public is unhappy about affordability but hasn't pivoted politically yet.

Geez, what an opener: 🐞

Turns out Sweden and Norway are just as ineffective at taxing billionaires as the US, France, Brazil, etc because of the use of personal holding companies, which the super-rich use to protect dividends & cap gains from taxation New from Ring, @seimseim.bsky.social, and @gabrielzucman.bsky.social

As it becomes increasingly clear that Jason Arday was eminently qualified for his position, and that the charges against him were blown far out of proportion or simply made up, a lot of people are going to have some real soul searching to do. jasonstanleyantifascist.substack.com/p/it-sure-lo...

The Chair is the Fed's storyteller, and this one is proving unreliable. My new post on how to listen to the Warsh Fed. stayathomemacro.substack.com/p/read-the-m...

I have been interviewed by Hasan Piker and I think its extremely absurd there is an expectation forming that people know who he is

"what is controversial about slavery?" What is going on with our philosophers?!?!!;!???!!!!!???

30s not quite back to where they were before the buyback announcement y'day but 10s are and half the move of the 2s30s curve has been walked back. 20s richening has held in which makes sense tbh.

Every assignment produces two things: the paper turned in now, and the judgment the student builds for later. AI can raise the first while hollowing out the second—and only one shows up in the grade. So I need to redesign my courses around that fact, and that is only one part—the assessment... 1/

*WALMART CUT PRICES ON 11K+ ITEMS IN Q2 VS 7,200 IN Q1: CEO

Read if you wanna get really mad www.theverge.com/report/98241...

I'm curious, did he say the same thing about the Huawei ban?

The blow-up of Leopold Aschenbrenner’s Situational Awareness is a sign that we are near the peak of the bubble: this is what it looks like from the inside when demand stops riding on industry fundamentals and starts riding on leveraged-buyer reads of market sentiment. It is a sign that... 1/

$WMT Q2 comps miss but raised EPS guide. *WALMART-ONLY US STORES 2Q COMP SALES EX-GAS +2.6%, EST +3.67% *WALMART 2Q SAM'S CLUB US COMP SALES EX-GAS +4.4%, EST. +4.04% *WALMART SEES FY ADJ EPS $2.80 TO $2.87, SAW $2.75 TO $2.85

30y TIPS reopening 1.8 bps through, pretty good result. *WI 30Y TIPS YIELD ABOUT 2.991% BEFORE $8 BILLION AUCTION *US 29-YR 6-MO TIPS DRAW 2.973%; ALLOTTED AT HIGH 67.82%

The president is the leader of the party with majorities in both houses of Congress. They CAN do a lot of material things. They will not do anything.

New unemployment insurance claims remain steady and low in week ending 8/15, down 6K to 206K #NumbersDay

Still seeing a solid drop in continuing jobless claims on a YoY basis:

This post is the only sane post I've read today related to the spreadsheet discourse.

It’s hard not to wonder if it’s connected to him being one of the most AI-skeptical big name economists. We shouldn’t underestimate the ability of big pots of money to shape news coverage.

One-third of US households face energy insecurity. But this crisis is not only about high utility bills. Energy insecurity often means living in unsafe homes and facing serious health and climate risks. Our new report from Diana Hernández and Lauren Ross looks at what to do about it. 🧵

"Unlike Greece, which is a member of the euro area, the U.S. economy runs on dollars and U.S. government debt is denominated in dollars...it’s very hard to construct a scenario for a Greek-style debt crisis in a nation that borrows in its own currency." paulkrugman.substack.com/p/the-case-a...

We are respected again, perhaps more than ever

An autocracy running within a democracy — but one short on the cadre, the discipline, and the goon-captains that made the twentieth century’s tyrannies stick. The country is still a republic; the Republican Party is a personalist autocracy. Vance as Sejanus, Miller drawing up the self-coup... 1/

The Economist published an unbylined, unsourced piece asserting Daron Acemoglu “counters that [David] Albouy reaches his conclusion by omitting half the data from the original sample.” That claim is simply wrong, and Albouy is right to be angry — no fact-check, no source, no context. Albouy’s... 1/

AI was supposed to be an “equalizing force.” But new evidence suggests it may be doing the opposite. AI is spreading fastest in richer cities, while the wealthiest households reap the stock gains and spend more, while the bottom 80% fall further behind: www.washingtonpost.com/technology/2...

Very cool visualization. Another way of looking at this: Wherever you see high prices for residential land, you have a case for rent control. Because those are the capitalization of rents in excess of the cost of building and operating housing.

www.columbia.edu/~mu2166/neoF...

NB: the corridor, not the freeway itself

I don't usually post music videos but ... I just discovered this Olivia Rodrigo cover of Stick Season recently and just honestly love it so much. (We went to see Noah Kahan last month, and will go see OR in October, so this is very popular in the family.) www.youtube.com/watch?app=de...

Found some beautiful videos of a 1974 Tim Maia performance of Reu Confesso and Gostava Tanto de Voce. Probably played them a hundred times already. Doesn't get much better than this.

Atproto Spaces may sound cryptic. In practice, Spaces allow private publications and activities on Bluesky and on the Atmosphere, i.e., private posts, private stories, and so on. It will be exciting to see the apps that will be built on top of this technology!

I have to admit that in the past couple of months, @firefox.com has significantly improved and is overall on par with its competitors. There are still some annoying limitations (tab groups don't sync; you can't define arbitrary sidebar apps as Edge allows; etc.), but it's once again a solid option.

China's economic security growth model and implications for the US-China security dilemma Important new analysis of China's economic and foreign policy integrated model Sophisticated political economy @piie.com by the amazing Prof @yelingtan.bsky.social Yeling Tan www.piie.com/publications...

How labor market competition shapes workplace information on social media: evidence from Glassdoor reviews Review of Accounting Studies link.springer.com/article/10.1...

What if one of the biggest things standing between families and a good life isn’t money, but time? Next Wednesday, @newamerica.org hosts Annie Lowrey to discuss her new book, The Time Tax, and how bureaucracy and paperwork steal precious hours from Americans. 🧵

Okay, my test account is @o-simardcasanova.spaces-alpha.bsky.network. Let's explore!

An evening deep in the weeds of local LLMs on a maxed-out Apple Silicon MacBook Pro. google/gemma4:26b-mlx would emerge the winner for nearly all except the most gnarly chain-of-thought workflows, save for the fact that it is unreliable as an agent: it hallucinates that it has called software... 1/

One-third of US households face energy insecurity. But this crisis is not only about high utility bills. Energy insecurity often means living in unsafe homes and facing serious health and climate risks. Our new report from Diana Hernández and Lauren Ross looks at what to do about it. 🧵

Agreed. I'm not surprised by the named sources in question, their existing reputation spoke for itself. I'm more surprised that a so-called reputable magazine published such a piece. Time to negatively update my priors about @economist.com.

I have to admit that in the past couple of months, Firefox has significantly improved and is overall on par with its competitors. There are still some annoying limitations (tab groups don't sync; you can't define arbitrary sidebar apps as Edge allows; etc.), but it's once again a solid option.

I don't usually post music videos but ... I just discovered this OR cover of Stick Seasons recently and just honestly love it so much. (We went to see NK last month, and will go see OR in October, so this is very popular in the family.) www.youtube.com/watch?app=de...

Okay, here's my (test) account: @o-simardcasanova.spaces-alpha.bsky.network.