Finally updated the search engine behind econlit-db to Meilisearch. Everything should be quite fast now -- under a second or two. Let me know if you have any bugs. paulgp.com/econlit-pipe...
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New QJE paper measures spending flows between 1000s of small groups of consumers and producers, government, rest of the world. Most consumer spending stays domestic, esp in rural, older, less-educated areas->higher fiscal multipliers; targeting "left-behind" groups boosts economy
I think a lot of people here are way underestimating how difficult it is to break a sexual abuse story *even when everybody kind of knows it* unless you can get victims on record. it is very, very hard.
"they have no cards, other than a short term extortion of the World by using International Waterways"
Those feel like... pretty solid cards?
Found it strange that ppl push back on my argument that sales of electric vehicles are going to accelerate after Iran War, coz LINE GO UP for a decade now
Turns out almost no one knows this fact: Sales of internal combustion engine cars peaked way back in 2018!
bsky.app/profile/70sb...
We'll have to get used to smaller jobs numbers representing reasonably strong job growth in an environment of low population growth (including immigration).
The "breakeven" estimates (job growth needed to maintain u-rate) are often quite low, like here: www.federalreserve.gov/econres/note...
There's one trait where economists clearly outperform the other social sciences:
Hubris.
Oudone Lothirath missed four out of five chemotherapy appointments while in ICE detention and received no medical care there. Now he will likely die in a matter of days. www.startribune.com/how-ice-deta...
Prior to Iran attacks, CIA assessed Khamenei would be replaced by hardline IRGC elements if killed
www.reuters.com/world/middle...
A line graph showing NSF grant awards made through 2/27/26 for fiscal year 2026 compared with grant awards for fiscal years 2021-2025.
NSF Update (Awards through 2/27/26)
Directorates to follow
1/10
Broke: dead internet theory
Woke: undead internet theory
Latest @employamerica.bsky.social
It Wasn't A Recession - How Age Divergence & A Participation Boom Drove A 1% Rise In The Unemployment Rate
www.employamerica.org/labor-market...
Video message from Federal Reserve Chair Jerome H. Powell:
www.youtube.com/watch?v=KckG...
www.federalreserve.gov/newsevents/s...
When Mark Carney sets specific goals for Canada to "diversify away" from its reliance on the US—making headlines in Canada but not the US—hear that for what it is: Close partners and allies looking elsewhere for better friends.
This is the silent way that the US loses its pointless trade war.
I wonder who's going to get it.
> @conorsen.bsky.social
Unless you support turning away the undocumented from emergency rooms, you support the same position as the CA Dems. I notice the abundance question is very unpopular too, did you see that one?
🎓 Thinking about grad school?
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"Trump Hopes Argentina Can Help Bring Down Meat Prices
President Trump’s plan to import red meat runs counter to his philosophy of increasing domestic production, and has angered cattle ranchers in the United States." www.nytimes.com/2025/10/20/u...
BREAKING from PP
We found immigration agents have held more than 170 *citizens*
The govt doesn't track citizens held. So we did. We tallied:
Nearly 20 kids, two w/ cancer
More than 20 citizens held for day or more, incommunicado
www.propublica.org/article/immi...
by @nicolefoy.bsky.social
If you want a research fellow, you got it
"We're going to create superintelligence" How about making outlook search work first. How about that
Or written by AI.
Big picture, we do not know the exact answer to 'how good/bad is the ADP data if BLS data disappears?' but the private data providers themselves are pretty clear in every conference/panel that the quality of their own data will erode if they cannot benchmark to BLS estimates.
The Research Associate is a position on IWPR’s Research Team conducting research, including quantitative and qualitative empirical analysis, on issues related to IWPR’s core topics of Equitable Work and Wages, Caregiving and Families, Education and Career Advancement, and Reproductive Justice and Health Equity. The goal of our research is better inform partners and policymakers on ways to advance the economic security and well-being of women, their families, and communities. For this position, candidates must have demonstrated working experience with statistical programs such as STATA, R or SPSS, major national public health and/or economic databases, and be able to interpret data, analyze results, acquire data from primary or secondary sources, and filter and clean data. This role is expected to be able to produce high quality research products for public audiences with independent initiative and minimal oversight. Duties and Responsibilities Research: Conduct and draft literature reviews and collaborate on research proposals that identify novel and impactful research activities on issues related to IWPR core research areas: Equitable Work and Wages, Caregiving and Families, Education and Career Advancement, and Reproductive Justice and Health Equity. Perform advanced, complex quantitative data analysis of large datasets and trends, utilizing network science and/or other statistical methods, including creating data visuals. Perform advanced qualitative data analysis, including developing and fielding online surveys; and conducting interviews and focus groups. Write high quality blog posts, briefs, fact sheets, reports and presentations based on the data work and analysis and accessible to broad audiences including policymakers, advocates, and the media. Use and integrate racial equity and intersectional frameworks and analysis in research study designs, written reports, and briefs. Assist with proposal and grant report drafting.
Who wants to work with Kate Bahn at the Institute for Women's Policy Research?
#econ_ra
iwpr.applytojob.com/apply/ACdbXf...
Prodigal son is a good lesson
Trump’s administration escalated its assault against the BLS on Tuesday after it revised down its estimates of payroll employment in the year to March 2025 by more than 900,000 jobs. White House press secretary Karoline Leavitt said the revision underlined the need for “truthful and honest data” and added that “the BLS is broken”. On Wednesday the labour department’s Office of Inspector General announced it was launching a probe into “challenges that [BLS] encounters collecting and reporting closely watched economic data”. Joe Brusuelas, chief economist at consultancy RSM, said the controversy surrounding the BLS would “increase demand for private label data, which will over time create a widening gap between the haves and the have-nots”.
Seems bad: “The rise of unofficial US economic reports.” on.ft.com/4n38BAs
The extroverts ruin everything
Fellow economists: Stand up for Fed Governor Lisa Cook and the principle of Federal Reserve independence. Sign this letter by Monday.