Another Fed paper finds Americans paid almost all Trump's 2025 tariffs ("pass-through of realized tariffs into import prices was close to one hundred percent"), AND that local labor market effects were "economically negligible."
All pain, no gain. www.richmondfed.org/publications...
To be clear, there is money to be made (and losses to be minimized) fir those who can figure out climate risks more accurately.
aaaand here's another (jp morgan chase):
for all the headlines about how finance doesn't care about climate anymore (there are many) the job postings are saying the opposite--they've truly never cared this much before
“So, for most people, what they’re paying in tariffs is going to outweigh what they might have saved on taxes on tips or the tax on overtime.” @deanbaker13.bsky.social tells @salon.com @rpaynereport.bsky.social www.salon.com/2026/04/15/tax-refunds-a...
Post Doc at Uni Tübingen! 100% position for 3 (+3) years; they're looking for somebody to analyze large-scale longitudinal datasets in education research.
Expertise in machine learning is an advantage, commitment to research transparency desirable 😌 proficiency in German beneficial but not required
A good opportunity for advanced grad students working on Europe to get feedback and meet peers. Apply or share it with your students ✌️
“.. The economy is tough right now. .. people are trying to be creative.”
@yahoofinance.com @scottlincicome.bsky.social
finance.yahoo.com/economy/poli...
Happy Rice Truck Saga Day to all who celebrate.
I’ll be on C-SPAN tomorrow at 8 am eastern discussing the president’s budget request. Be sure to tune in!
New Fed paper by Crane & Soto uses official labor force survey data and finds that 500,000 fewer coders are working than pre-LLM trends would predict. Hits entry level, not senior workers.
@jburnmurdoch.ft.com piece: www.ft.com/content/b69f...
It's fascinating what gets MAGA riled up. War crimes are okay but blasphemy no longer is.
Job: Research Associate post in Comparative Politics research group
Wall Street is booking record profits from war-driven market volatility.
Spent some time in Hungary for my dissertation research. Loved the country and its people. This is a great thread explaining Magyar's victory. Winning against corrupt authoritarians is possible.
Wall Street banks set to report $40bn trading haul as Iran war rekindles volatility ft.trib.al/GeDZxf8
I imagined this to be an all hands on deck situation, given the human and economic toll of the war with Iran. Apparently, I was mistaken
And this is, I think, the X factor we haven't yet accounted for economically. The asshole markup. When you alienate your trading partners, they don't feel obligated to cut you the best deals anymore. They're going to seek out new markets instead and cut THEM the best deals. 4/
You know what would be amazing, if Vance can negotiate an agreement where Iran doesn't enrich above 3.67% (far below weapons grade); gets rid of 98% of its stockpile of uranium; has weekly inspections by the IAEA; and commits to all of this for at 10 years. Oh, yeah, that was the Obama Iran deal.
Really well-observed, cutting account of Trump watching a UFC bout while talks collapse in Iran: www.nytimes.com/2026/04/11/u...
pic of Dana White, Rubio, and Trump
Secretary of State Marco Rubio at UFC in Miami tonight as diplomatic negotiations with Iran fail
(Julia Demaree Nikhinson/AFP via Getty)
One of Saturn's small inner moons from two angles. It looks like a ilttle circular ravioli or pirogi. This one is named Pan, which is also something you could cook a ravioli in.
why didn't anybody tell me that saturn has "ravioli moons"? WHY DIDN'T THEY TELL ME ABOUT THE RAVIOLI MOONS?
Utrecht University is hiring an Assistant Professor in Statistics and Social Data Science - great opportunity for scholars working at the intersection of advanced statistical methods and computational social science research. #AcademicJobs #ComputationalSocialScience
uu.nl/en/organisation/worki...
So it turns out paying people a living wage doesn’t collapse the economy; it’s almost like the rich have been lying to us to maintain their power over our lives.
Have central banks (through end-2025) diversified out of the US dollar? Yes, no, and "it depends" #EconSky
econbrowser.com/archives/202...
Today marks 58 years since the Civil Rights Act of 1968 was signed into law by Lyndon B. Johnson, prohibiting discrimination in the sale, rental, and financing of housing.
It combated practices like redlining, which denied Black Americans access to mortgages and homeownership.
I was wondering whether they still had their signs up. This is just saying "I only belive lies".
Op-Ed: "As the country faces decoupling from Western markets, it is in China’s interest to revive financing to the developing world to help create new market opportunities."
@kevinpgallagher.bsky.social and Rebecca Ray write for this week’s issue of The Wire China:
Our home planet, the only place in the galaxy that doesn’t suck
The last time human eyes were far enough from Earth to see the whole globe was December 1972.
www.nasa.gov/image-detail...
