ECONOMY

Stablecoin sentences to ponder – Marginal REVOLUTION

Mr Bessent’s bullishness notwithstanding, this month his department released a proposal that would treat stablecoin issuers as financial institutions for

ECONOMY

On health care price transparency (from the comments)

Generally such figures do not reside within the physicians’ office. On our side of the table we do some procedure

ECONOMY

Which workers are using AI the most and best?

An FT poll of 4,000 workers in the US and UK shows adoption is heavily skewed towards the best-paid workers:

ECONOMY

A Comparison of Agentic AI Systems and Human Economists

This paper compares agentic AI systems and human economists performing the same causal inference tasks. AI systems and humans generally

ECONOMY

Birthright Citizenship and Youth Crime

This paper studies the impact of birthright citizenship on youth crime. We leverage a German reform which automatically granted birthright

ECONOMY

“Flash Talks on Iran, Oil, and OPEC” (UW Madison, Thursday, 4:30-6)

“Participants provide quick overviews of how the US’s current conflict with Iran affects energy supplies, relations in the Middle East,

ECONOMY

“U.S. Dollar Dominance in Trade Invoicing and Cross-Border Investments in SEACEN Economies

From Chapter 1, “US Dollar Dominance in the Global Economy, by Cyn-Young Park and Hiro Ito: … 3. Measuring Dollar

ECONOMY

Greg Mankiw’s Blog: Thank you, AEA

About Me Name: Greg Mankiw Location: United States I am the Robert M. Beren Professor of Economics at Harvard University.

ECONOMY

Sunday assorted links

1. Josefina Aguilar Alcantara, RIP (NYT). 2. Move abroad so you can default on your student debt (NYT). 3. History

ECONOMY

Nowcast, Tracking of Private Domestic Final Demand (aka “core GDP”)

From Atlanta Fed and Goldman Sachs, today: Figure 1: Final sales to private domestic purchasers (bold black), 2023-24 stochastic trend