Growth can go hand in hand with degrowth in material use as economies shift toward quality and services, rising living standards and clean growth are possible, from Philippe Aghion, Timo Boppart, Michael Peters, Matthew Schwartzman, and Fabrizio Zilibotti https://www.nber.org/papers/w33634
Me, an economist who wrote one of TIE papers, shaken to his core: how can I live with the fact that "going from the most left-wing authored estimate of the taxable top income elasticity to the most right-wing authored estimate decreases the optimal tax rate *checks notes* from 77% to 60%."
“We find an additional $1 spent auditing taxpayers above the 90th income percentile yields more than $12 in revenue, while audits of below-median income taxpayers yield $5.”
Very cool JMP by Yasmine Van der Straten: climate shocks can make housing more expensive, which particularly hits financially constrained households. This also makes it harder to adapt to climate change.
Things would be easier if we were renters.
papers.ssrn.com/sol3/papers....
Am an undergraduate, but would love to be part of the conversation!
would love to be added!
👋 would love to be added.
The unexpected upside of a cartel. Excellent!
Super cool that someone has actually estimated the environmental benefits of OPEC: about a trillion per decade!
www.nber.org/papers/w3311...
OK, here's my first attempt at the kind of thread I used to do on the hellsite. At a guess, the first place we'll really see the economic impact of Trumpism will be from mass deportation — and it will be worse than many people, even macroeconomic modelers, imagine 1/
For Bluesky-Curious Econ Lovers, a Quick Start guide to plugging into the economics community here.
It aims to lower the costs & boost the benefits for folks to engage here.
If it seems useful, please share it here & especially on X.
📉📈 #️⃣#️⃣
aaronsojourner.org/for-bluesky-...