Most popular posts by Economists and Policy Experts community members over the last 24 hours. Updated hourly.
The BEA produces a regional price parity index to compare costs across states, and it's remarkable that Texas has handled all of its post-2019 growth while becoming *cheaper* relative to the US overall Meanwhile, Florida's growth has given it the highest relative cost increase
Just read this piece from last year on how theyâre replacing everythingâreading, school, gaming, real life interactions, even streamingâwith vertical shortform video. Itâs addictive and makes us dumber and I hate it. www.infinitescroll.us/p/the-carcin...
Great job MN Dept of Labor & Industry recovering wages owed to MN construction workers that their employers stole from them The underlying fraud hurt the underpaid workers, law-abiding construction companies, & taxpayers. MN's joint employer law enabled real accountability kstp.com/kstp-news/to...
$MSFT announcing changes to partnership w/ OpenAI - OpenAI products will still ship first on Azure - MSFT license through 2032, but non-exclusive - MSFT no longer paying revenue share to OpenAI after 2030, payments until then are capped in $ terms "Simplifies" the partnership.
Where are the profits of the war going? With the rise in oil prices, the profits of extractive companies surgeâand a significant share ends up funneled through tax havens. But itâs not too late to tax war profiteers effectively. open.substack.com/pub/gzucman/...
Rising income inequality is the main reason that affordability feels out of reach for U.S. families. Middle-class household incomes would be roughly $30,000 higher today if their incomes had simply kept pace with average income growth since 1979. Imagine life WITHOUT this inequality tax.1/1
On Friday May 8, John Jay College will be hosting a launch event for Against Money, my new book with Arjun Jayadev. We'll both be speaking, along with Zach Carter (author of the excellent Keynes biography The Price of Peace), and Suresh Naidu. The event will be from 6pm-8pm in New Building 9.64.