How Spousal Preferences Impact Career Outcomes of Men and Women Spousal preferences impact women's career choices, desired work hours and salary negotiations.

In order to meaningfully bridge this gap, cultural change is needed.

Find out more - www.nominalnews.com/...
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Field experiments reveal that single women strategically downplay ambition, salary expectations, and leadership preferences when they believe men will observe their choices.

Moreover, women that do achieve high-status promotions have higher divorce rates.
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Research shows that social norms around women’s ambition still influence economic outcomes and influence the gender pay gap.
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Tariffs do matter for inflation. It's been well over a year since the beginning of tariffs, and we continue to see the impacts of tariffs on inflation.

It feels like the genAI marketing campaign might end up hurting the genAI businesses themselves. Seems like a classic case of short term gains vs long term losses.

The Mortal Consequences of Free Trade – How NAFTA Shortened Lives Trade liberalization is usually seen as a positive, but recent research suggests that it may have increased mortality.

Read more: www.nominalnews.com/...

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Cash transfers alone might not solve the problems, as some studies show they can worsen mortality. 'In‑kind' support appears safer.

With concentrated trade shocks, focus on transition policies is essential.
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When mortality is factored in, researchers estimate U.S. welfare may have declined from entering into NAFTA.

Can we improve free trade agreements?
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- Mortality rose ~0.7% on average after NAFTA;
- On the most exposed areas, increases reached 4%'
- Working‑age men accounted for a third of the rise;
- Elderly widows were disproportionately affected, likely due to reduced financial support from laid‑off children.
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Two recent economic papers find that U.S. regions most exposed to Mexican import competition saw higher mortality, especially among working‑age men and elderly adults:
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Question (that might have an incorrect premise): one of the reasons cited why search engines appear to be worse is due to ads being boosted.

If that's the case, would this happen with GenAI searches or is there something inherently prohibiting that?

As it’s been a year since the ‘liberation day’ tariffs - had we not had tariffs:

- inflation would be around 0.4-0.5% lower; and

- interest rates would be around 0.4-0.5% lower as well.

And this is not an April Fools’ post.

I think that's right. The concern is whether the Fed needs to tighten or not depending on inflation expectations. Some recent research suggests oil shock pass through may be bigger under supply uncertainty.

But those fields also have rigor - clarity of logic, assumptions etc. They’re just not numerical, which doesn’t mean they aren’t rigorous.

If anything, one could argue that spotting patterns without numerical data is a more impressive feat!
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In certain fields there is plenty of data and experiment are ‘easy’ to run. With plenty of observations, a lot of analysis is possible.

In some fields, we will never have much data, and thus the value of purely statistical methods is probably minimal.
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On X/Twitter there is now debate if economics itself is rigorous (a week after one economist criticized all other social sciences).

My view is that every field has rigorous research (and also not rigorous research).
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March CPI (headline inflation) might print a 0.8…

My belief continues to be that for something that needs real precision, the current technology is not going to cut it.

They made an AI documentary where they're interviewing CEOs of genAI about the dangers stemming from genAI.

The dangers from sports betting/prediction markets are far more real - why don't we have a documentary with their CEOs?

The simplest solution giving the largest welfare gain to the US - increasing the number of H-1B visas available (and also making the process much simpler, in addition to making the visa portable!).
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This rests on the assumption that higher wage implies better overall welfare for the US. That assumption is incorrect - as it entirely fails to capture the long run potential benefits.
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H-1B visa (the ‘high skilled’ immigrant visa in the US) is in the news again. You may see plenty of analyses suggesting why ‘wage’ immigration requirements can make the program ‘better’.
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The OpenAI-Walmart partnership, which failed, could have been prevented if OpenAI had hired economists

Econ-based thinking would tell you that consumers value consistency (while genAI helps with discoverability). This is one of the reasons we have ‘sticky’ prices!

Great news - Washington State banned non-competes.

A rare type of policy decision which makes everyone better off!

You are correct - adding the lane may still be beneficial as whoever uses it get some value.

And I agree - I also think doing both would be optimal. When you expand a road network, add a congestion charge to it.

Why Expanding Roads Fails to Reduce Traffic Congestion Increasing lanes sounds like it should reduce traffic congestion – research shows it doesn't.

One of the reasons I love Economics is that you find results that are not intuitive like this one here - adding an extra road lane will not change how much time you spend in traffic jams!

Why Expanding Roads Fails to Reduce Traffic Congestion Increasing lanes sounds like it should reduce traffic congestion – research shows it doesn't.

Thus, if, as a policy maker, your aim is to reduce congestion - whenever you expand a road, immediately implement a congestion charge.

Full details below:
www.nominalnews.com/...
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Since everyone thinks similarly, the number of additional vehicles on the road perfectly offsets any additional lane.

So what can we do?

The only solution is to charge for the use of the new lane, or the entire road.
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But - since the cost (the amount of time on the road) fell, you will now go on more car trips which you previously didn’t take. You will do this until the time you spend on the road is the same as before!
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When you choose to go on the road, you’ll have to spend time driving. After a new lane is added, the time you would theoretically now spend on the road will fall, as there is an extra lane allowing for faster car speeds.
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