#Nominal

Michael Eisen

mbeisen

While we talk about the future of science publishing, we need to also have a conversation about how to fund it. The problems with the subscription model is obvious and

Justin Wolfers

JustinWolfers

GDP for Q2 fell by 10%That's bad. Really bad. As in the worst decline in quarterly GDP in recorded U.S. history. Many headlines will say GDP fell 32.9%. What they

George Selgin

GeorgeSelgin

I think MMTs have to make up their mind on this. Either money-financed fiscal expansion increases total spending or it doesn't. Either there's a real resource constraint that eventually becomes

Rob Kent-Smith

Rob_KS_ONS

1/8 Today we have published our latest analysis of international comparisons of GDP during the pandemic - including some of the challenges comparing the output of government: blog linked and

Jordan Roulleau

JordanRoulleau

The Fed recently announced a new monetary framework. What do we know about its effects in a low interest rate environment? A long(-ish) thread based on a recent paper with

John Street Capital

JohnStCapital

3/ The Fed in 6 weeks bought more Treasuries than they did in 10 years under Bernanke & Yellen. Corporate borrowing which usually goes down in a recession and had

Don Moynihan

donmoyn

It's MLK Day, the day in America when politicians who absolutely would have opposed Martin Luther King Jr. quote him to cast a sheen of legitimacy on their causes. MLK

Barnaby Raine

BarnabyRaine

Conservative MPs have published anti-Semitic imagery drawn from Nazi propaganda: "cultural Marxist... bourgeois liberals" and a "clique of powerful" overlords are stabbing Britain in the back. The Daily Telegraph printed

Andy

AndyKhalil1

It’s easy to call fast rising assets “bubbles” and in some cases it is true. But this lacks a deeper look into what is largely behind this surge in asset

Dreadnought Holiday

TheDreadShips

This is the crew of the Farfadet, standing in a rare position of safety. You probably want more reserve buoyancy than that, lads. Told you. It's okay though - they

Fr. Robert R. Ballecer, SJ

padresj

There's a little confusion on my post about GM's "Ultium" battery system, so let me clarify what I "think" I know.Ultium replaces the power-management wiring harnesses inside of a battery

Thomas PHILIPPON

ThomasPHI2

(1/) A thread on the FTC lawsuit against Facebook, and the DOJ's lawsuit against Google.First, it is long overdue. Second, it's a good thing that it starts under a Republican

Future of Finance @ Dvara Research

_FutureFinance

Welcome to our final tweetstorm for #Week1 of #FFIonDataProtection! We've been talking abt #ConsumerDataProtection in India's #PDPBill.In this #THREAD, we focus on #Rights of #DataPrincipals! #UserDataRights See Chapter 5 of

Luke Gromen

LukeGromen

Left unasked: Why has the US government chosen to effectively keep its young people in student debt slavery to the tune of $1.5 trillion? US political shifts are increasing the

The Maine Model

TheMaineModel

Scholastic soccer is the most affordable and accessible option in the U.S., so it has the most potential and upside.Problem is scholastic soccer in Maine (and elsewhere) limits itself to

🈲 Punished Chang Ⓥ

kaichang

Stable power hierarchies devote substantial resources to quietly monitor potential threats to their power.The people at the top are, by definition, massively outnumbered by the people they rule over.Many at

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