the pensioner regime delenda est not all my posts are serious
irvine & austin 🇺🇸🇺🇦
Joined September 2024
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tax the poor retweeted
France’s 35-hour workweek didn’t generate work-sharing: absent tax cuts, employment would have fallen 3.8%, concentrated among lower-skill workers. TFP rose 2%, output fell 1%, from @PaulineCarry, @cmontialoux, @ElioNimier, Alexandra Roulet, and @ninaroussille nber.org/papers/w35917
tax the poor retweeted
It's out! You can now read The Bad Economics Handbook. Read my explanations of things people have stupid ideas about, repost my graphs on this website for dunks....or comment if you see a mistake.
jackonomics.substack.com/p/t…
badeconomicshandbook.com
tax the poor retweeted
Do supply constraints explain housing quantity & price growth across cities?
New piece claims that once you population-weight the estimates (i.e. more weight on big cities) & code the measures as continuous variables (rather than categorical), supply constraints clearly matter.
.@aarmlovi @KAErdmann @arpitrage @kingofthecoastt have you seen this recent paper dallasfed.org/research/paper…?
tax the poor retweeted
University of Chicago Students to Protest at Chicago Mercantile Exchange, Demand End to Federal Ban on Onion Futures
Student-led group For Our Futures will rally Monday morning to call for repeal of the 1958 Onion Futures Act
On Monday, October 19, at 8:30 a.m., members of For Our Futures, a student-led organization from @UChicago, will gather outside the Chicago Mercantile Exchange (@CMEGroup) headquarters to demand the repeal of the Onion Futures Act of 1958, a nearly 70-year-old federal law prohibiting futures trading in onions.
The Onion Futures Act, enacted following allegations of market manipulation in the 1950s, singled out onions for a prohibition on futures contracts that remains in effect today. For Our Futures is calling on Congress to repeal the ban and restore the ability of onion growers, buyers, and traders to participate in a regulated futures market. Onions remain the only commodity banned from futures trading in the United States.
The protest will feature a giant inflatable onion costume, protest signs, and dozens of students, and will take place outside the headquarters of CME Group, one of the world's largest derivatives marketplaces and the historic center of American onion futures trading.
DM for details
cc: @pointsnfigures1 @CharlesFLehman @matt_levine @nbcchicago @ABC7Chicago @cbsnewschicago @WGNNews @fox32news @WBEZ @Suntimes @BlockClubCHI @chalkbeatCHI @SeanCasten @mansourtarek_
ALT The "onion man" visits a meeting of the UChicago Democrats. Not affiliated with any party, candidate, or candidate committee. We are a bipartisan movement.
tax the poor retweeted
log(Starbucks + 1)
Coffee shops boost innovation. 10% more Starbucks in an area --> 3-4% more inventions.
People gather over a cuppa. They share ideas, discuss how to untangle a knotty problem, help see an issue from another perspective. These conversations lead to breakthroughs and inventions.
A very fun paper finds that when Starbucks rolled out to a new county, it fueled a coffee-shop culture, urging more and more people to “grab a coffee” together. The authors compare the counties where Starbucks had rolled out to those where it had not yet arrived. And they find that the number of patents in caffeinated counties is meaningfully higher.
This paper underscores how essential the face-to-face encounter is. Starbucks isn’t that old. People Could have picked up the phone and chatted at any time. People Could have dropped an email. Probably they did. But those connections didn’t yield the same insights and creativity.
Turns out that a Cup of Joe really does help the knowledge flow. We talk about how much in-person connection boosts creativity in In Person. It’s out in just few days, so now is a great time to pre-order.
To see the full research use the link in the comments.
#Innovation #InPerson #FutureOfWork #CoffeeCulture #NewBook
Spain’s coalition government agree to proposals including banning evictions until 2030 to address the country’s housing crisis, as the 87-year-old woman whose forced removal last week triggered protests accepts an offer to return home. nbcnews.com/world/spain/spai…
NEVER BLACKPILL
🚨 BREAKING: Andy Burnham is set to signal the end of the state pension triple lock in his conference speech tomorrow
[@Telegraph]
Nvm go back to blackpilling
Andy Burnham has vowed to scrap the triple lock in 2030 to pay for free social care.
🔗:telegraph.co.uk/politics/202…
tax the poor retweeted
Good! Federal loans being available to scam schools and majors is why we have the student debt crisis.
Trump is banning students majoring in degrees that don’t make enough money from taking out college loans. Degrees for social work, art, religious studies, teaching aides, and music will be hit the hardest. trib.al/NmmAzhf
