Amazing, no notes
07.03.2026 16:49
👍 0
🔁 0
💬 0
📌 0
Amazing, no notes
When I worked at the Chicago Fed, we became interested in a unique quirk of insurance accounting: states can issue insurers "permitted practice" accounting exceptions. They're relatively uncommon but acan occasionally be quite significant. Our writeup is out: link.springer.com/epdf/10.1057...
If you want examples of this, being at my group/institution combo is THE DGP for this, especially in mixed finance/econ settings
Think it’s more operating under the assumption that “if network so good why so junior” which is calculus made with a CV lag
Choosing to believe non-cash charitable contributions made the list because of the immense popularity of my work (and not the impetus for its existence at all)
Or maybe that underestimates agency problems. Either way, protectionism (tariffs) for manufacturing with no comp. advantage; free markets (no tenure) for higher ed, significant export
While awful on its own, also see states doing this and think, wow, the ideas of economics have really failed to reach politicians
With very large numbers of n’s you don’t need randomization, and with LLM’s we can generate very large numbers of n’s, so I think all of science is solved by now. I don’t see any problems with this.
It was either that, the combo NY invented y'all/in the South y'all is a religion, or George O'Leary put Y'all Inventor on his resume
But regardless I am everyone's favorite messenger
Because Norwood Teague invented y’all in 1705, by trying to mimic the calls of a murder of crows to his crew aboard the Edmund Fitzgerald
she seems nice?
I shudder to think if the STEM-mance genre turns to econ
Don’t give Ali Hazelwood ideas
The impact of Trump's attacks on the IRS, in two charts.
From my latest for @economist.com.
www.economist.com/finance-and...
Think they all mainly converge to a similar place, IME
...I could go on quite a long rant about modern fiction, though, as someone who went decently far down that path before realizing how fraught it was
@maroonhog.bsky.social 's bookstagram/booktok not entirely off either w/r/t trends and copycats. have found romance/fantasy romance to have much more freedom than literary fiction these days. STEM/hockey/fae/etc trends were started by *something* original, and there is great work despite copycats
Few different things: Aspiring writers have a distinct MFA pipeline, and when you write from experience... Publishing process also tends to homogenize because new things break the formula of what sells. Added bit that "fiction", both highbrow and not, has become gendered in the U.S. as well
A tariff “refund” mostly goes to whoever wrote the tariff check: the importer of record. That’s not the same person who paid more at the register. So refunds -- if they're offered -- might sound like consumer relief, but in reality, they're corporate windfalls.
But that pits people against Tara Lipinski, which I cannot do
Team "Elsevier Highlights Subversion" strikes again! Best one yet!
@deankarlan.bsky.social, Monica Lambon-Quayefio, Utsav Manjeer, @christopher-udry.bsky.social
Check out ‘Voices Carry’: Professor Brian Galle (@bdgesq.bsky.social) on Taxing the Ultrarich, in California and at the Federal Level www.law.berkeley.edu/article/prof... Host @gwyneth.bsky.social #CABillionaireTax
Big org problems remain undefeated
Oh man, there was a Wharton slack war over this one. Started from an ex post “maybe we should have invested in our own platforms rather than 100% enterprise SaaS that has host of attack surfaces, breaks constantly, doesn’t interface well”
Which is true! But most places got here by boiling that frog
Internal bank documents show the scale of secret shareholdings in India’s Adani, at the very moment Hindenburg accused it of “brazen market manipulation”
An FT and OCCRP collab.
as.ft.com/r/eb906e00-d...
I made char siu bao last night on the suggestion of Graas.
It was…not a family hit. So I had 4 for lunch as leftovers and I’ll have 4 tomorrow too
Oh that was an excited post not a question. I miss certain parts of Tally and Kool Beanz is one (though pretty sure it shut down even while we were there)
Kool Beanz!!!
"Floridians are going to be paying for the relief. You're not getting savings out of nothing. You're paying for those savings by cutting services or by paying higher fees or by paying more taxes."
-FPI's Esteban Santis on how HJR 201 would impact Floridians [Via @wusf.org]
