Econ Blog

your daily dose of economic commentary

Tuesday's Assorted Links

1. Tuesday's Assorted Links

Jadrian Wooten shares five stories highlighting economic principles and their applications, including consumer behavior, optimism, and Puerto Rico's economy.

How the Kakistocracy Became a Quackistocracy

2. How the Kakistocracy Became a Quackistocracy

An argument that the resurgence of infectious diseases is linked to anti-vaccine movements and right-wing policies, highlighting the economic and public health consequences of these actions.

Learning the Bitter Lesson in 2026

3. Learning the Bitter Lesson in 2026

Joy Buchanan discusses Richard Sutton's insights on AI advancements, emphasizing the importance of scaling computation over human expertise and its economic implications.

The record-breaking cocaine boom — and its deadly fallout

4. The record-breaking cocaine boom — and its deadly fallout

A resurgence of cocaine use is causing significant negative consequences in the U.S. and globally.

Claude Code 20: Faculty Adoption of AI, Decks and Folders, and Non-Trivial Security Risks

5. Claude Code 20: Faculty Adoption of AI, Decks and Folders, and Non-Trivial Security Risks

Scott Cunningham discusses faculty adoption of AI, the challenges of understanding its value, and the moral repugnance some feel towards AI technologies.

TV antennas and Super Bowl rehearsals: How prediction market traders seek an edge

6. TV antennas and Super Bowl rehearsals: How prediction market traders seek an edge

Bobby Allyn discusses how prediction market traders seek advantages through unique strategies and information to maximize their profits.

SP500 CAPE at 40

7. SP500 CAPE at 40

An argument that the current SP500 CAPE ratio indicates significant market valuation concerns, particularly in relation to historical trends and concentration among leading companies.

8. Some Evidence on AI, Productivity, and Labor Markets

Timothy Taylor discusses the limited empirical evidence on AI's impact on productivity and labor markets, highlighting key themes from recent research on the subject.

SBSQ #29: Will AI terminate democracy? And why did Gallup terminate its approval ratings?

9. SBSQ #29: Will AI terminate democracy? And why did Gallup terminate its approval ratings?

An argument that questions Gallup's decision to end its approval ratings polling and explores the potential impact of AI on democracy.

Two Measures of Private NFP Compared

10. Two Measures of Private NFP Compared

Menzie Chinn analyzes the differences between BLS and ADP private nonfarm payroll employment data revisions and their implications for economic understanding.

Minimum Wages for Gig Workers Can’t Work

11. Minimum Wages for Gig Workers Can’t Work

An argument that minimum wage laws for gig workers fail to increase net earnings due to elastic supply and market dynamics, leading to increased idle time and reduced task completion.

Puerto Rico by the Numbers

12. Puerto Rico by the Numbers

Jadrian Wooten explores Puerto Rico's economic landscape, highlighting its unique relationship with the U.S. and the disparity between output and employment in various sectors.

Turning Our Back on Clean Energy

13. Turning Our Back on Clean Energy

The post discusses the acceleration of climate change, critiques the Trump administration's anti-clean energy policies, and highlights the economic viability of renewable energy solutions.

Codechella Madrid Week 2: New Material and Claude Code

14. Codechella Madrid Week 2: New Material and Claude Code

The post discusses updates for Codechella Madrid, focusing on new curriculum topics and the integration of Claude Code for applied quantitative research.

15. An Algorithm Trace For The Truncation Of Fixed Capital

An argument that explores the algorithmic approach to determining the economic life of machines in various industries and its implications for cost-minimizing techniques.

Updated thoughts on AI risk

16. Updated thoughts on AI risk

The author reflects on shifting views regarding AI risk, expressing increased concern about existential threats while maintaining some optimism about AI's potential benefits for humanity.

The Recent Evolution of Ground Beef and Ground Coffee Prices and Tariff Rates in the U.S.

17. The Recent Evolution of Ground Beef and Ground Coffee Prices and Tariff Rates in the U.S.

An argument that recent changes in tariff rates have influenced the prices of ground beef and ground coffee in the U.S., highlighting price trends post-tariff removal.

Closing out more tabs: the day after valentines edition

18. Closing out more tabs: the day after valentines edition

The post discusses the motherhood penalty in labor economics, critiques recent research on gender earnings gaps, and reflects on modern dating terminology.

Who Is Paying the Trump Tariffs?

19. Who Is Paying the Trump Tariffs?

An argument that tariffs imposed during the Trump administration primarily burden U.S. consumers, contrary to claims that foreign entities bear the costs.

How technology has already changed the world in my lifetime

20. How technology has already changed the world in my lifetime

The post reflects on the profound technological changes experienced over recent decades, emphasizing the impact of the internet, social media, and AI on society and individual lives.