ECONOMY

J. M. W. Turner, financial arbitrageur

Abstract. J. M. W. Turner is famous for his achievements in graphic arts. What is not known is that he

ECONOMY

Marginal Returns to Public Universities

From Jack Mountjoy, forthcoming in the QJE: This paper studies the returns to enrolling in American public universities by comparing

ECONOMY

More on the GDP Release: Compare against “Core GDP” and GDO

Following up on Jim’s post yesterday, here are some additional thoughts on the “initial” (consolidated advance and 2nd) release: (1)

ECONOMY

Rent Control Creates Ghost Apartments

Adam Lehodey writing at City Journal: In New York City, making a profit on real estate has become increasingly difficult.

ECONOMY

Mysteries of the CPI Release

Numerous commentators have noted anomalies in the latest CPI release. Smith/Bloomberg quotes “Lost in Translation,” according to TD Securities. “Delayed

ECONOMY

Greg Mankiw’s Blog: Principles of Economics, 11e

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

ECONOMY

The Tech Labs initiative – Marginal REVOLUTION

…the National Science Foundation’s Technology, Innovation and Partnerships directorate at long last announced its Tech Labs initiative, which is intended

ECONOMY

Sunday assorted links

1. The fight over Romansh (New Yorker). 2. How well can LLMs grade? 3. Kelsey Piper responds on Mississippi.  She

ECONOMY

Welcome to the Crazy CAFE

To let Americans buy smaller cars, Trump had to weaken fuel-efficiency standards. Does that sound crazy? Small cars, of course,

ECONOMY

Pharma supply is elastic

The crux of the problem is that the IRA imposes price caps that shorten the effective life of a patent