Oh. My.

Scaling short days: Even limited childcare can transform family labor. Guest post by Dyah Pritadrajati

In today's JMP blog, @economiyaki.bsky.social shows how even 3 hours/day of kindergarten in Indonesia is enough to increase women's employment (by 13 p.p.) & does not crowd out care offered by relatives blogs.worldbank.org/en/impacteva...?

**NEW WORKING PAPER**

Enlightenment Ideals and Belief in Progress in the Run-up to the Industrial Revolution: A Textual Analysis

w/ Ali Almelhem, Murat Iyigun & Austin Kennedy

Available at: docs.iza.org/dp16674.pdf

Short 🧵 below…
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“Logging into Bluesky”

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I’d be surprised if an LLM isn’t somewhat helpful. But I’m more curious if/when it goes from being an aid to being a crutch. Is there a ceiling to the benefit? How does education adjust to LLMs when they prevent learning (the equivalent of using a calculator to learn long division)?

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Hi, computers expert here! this is not funny, computers only do this when they're in extreme distress

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Taking Our Chances This one's for the academy, I guess

A really excellent take and exactly what I think is problematic about our field.

open.substack.com/pub/rottenan...

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The policy might be effective, but it might not. People adapt, internalize. This will be empirical. One contrarian data point:

Interesting data here. Too soon to tell but I’d be interested in how this gets evaluated. www.congestion-pricing-tracker.com

Would love a link

Anyone know of work that looks at algorithms as a form of capital? It strikes me that they are powerful ways to generate and extract returns in an increasingly digital economy

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It’s my hypothesis. There is already a large congestion price in the form of bridge tolls. I think this won’t really move the needle, and since it’s flat, it becomes regressive to the commuters

Honestly fascinated to observe what the adjustments will be. Will people really change their patterns? I suspect that everyone will just absorb the cost: effectively a regressive tax.

📌 excellent analytical work. This is a very clear and compelling explanation of the data.

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Happy 2025! For the first time I feel that the wave of AI will be a strong one on our profession. We’ll either surf it or get tossed about. But it should make for very interesting times

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There will be a dip in the number of papers about UBI…

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But I 100% agree that this is breaking the signal of quality by drowning everything in noise. To make it worse, jobs will use and accept AI tools too, so even if you can get a signal, it may no longer be important. Heck, even universities are now deploying AI. To design and run courses. A crisis.