Obama calls new houses “units”. This man is 100% on the team. You don't say that word unless you’re way too deep into the literature.

Bryan Caplan: Also, Bryan Caplan:

People treat capital gains and distributed income (dividends, interest) as belonging to different mental accounts (see response of consumption to each: nber.org/system/files/w…), explaining their + visceral reaction to taxing unrealized gains (sciencedirect.com/science/articl…).

In 46 seconds he has documented the age of the establishment and the tenure of three employees. Incredibly efficient longitudinal linked employer-employee data collection happening here. Forget VP, get this guy a job with the LEHD at Census.

🇫🇷 ⭐️ ⭐️ 🇫🇷

- dis Papa, comment naissent les “aides aux entreprises”? - alors, tu vois, quand un Papa augmente le SMIC, et qu’une Maman bloque les prix, s’ils s’aiment très fort, ils font des petites compensations

George Bernard Shaw, in 1913: