If Kendrick Lamar published a comment about one of my papers I would change my name and live in the woods.

'the word games that dominate their thinking' is so on target

when a scientific enterprise is bullshit, as MMT is, sharpening their rhetoric and scoring debate 'wins' is very valuable -- it is the only thing they have

MMT is the last desperate bullshit a nation allows itself to believe right before its own inability to make hard choices consigns it to rapid decline

Nowhere near the Apollo Program, but Meta spent almost as much as the Manhattan Project on GPUs in today’s dollars.

We find that each additional $1 million in subsidies causes an increase in $7,000 in asset forfeiture revenues earned by police departments. So a $1 billion subsidy for a new stadium causes an increase of $5.5 million in asset forfeiture in the city.

doi.org/10.1177/109114…

Mercator map distortion visualized.

[source, read more: buff.ly/3HGVLme]

Love it when Senators add language to a bill just because a few of them don't want to drive an extra 20 minutes to Dulles.

Making the process of flying less convienent for thousands by increasing potential delays, just to benefit a dozen people isn't good!

Solving the collective action problem is hard. Holding on to a group brand and identity that has already solved the collective action problem is much, much harder.

Great point

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Received notice of self-actualization today.

I think the University of Chicago president's note on protests and encampments is very much worth reading, for several reasons

1. Clear statement of values: Free speech, even when it's offensive, is a paramount value to be protected on college campuses—except when it comes into…

I think profs should grade however they want, but each transcript should show the student’s grade and the average grade for that course. Problem solved.

“The minimum wage is an almost perfect issue for people to argue over.” Why not join in with Mike Makowsky is here to violently equivocate setting out the effect of the minimum wage on everything? buff.ly/3UFJpnT

a periodic reminder that Science and Nature do a terrible job of handling economics

Emotional innoculation against feelings of academic disappointment, exclusion, or futility requires a thrice-daily dose of Rejection. Talk to your advisor if you have industry-exit thoughts, trouble sleeping, or the coffee 'just doesn't take'.

Thoughtful Mike Makowsky is here to violently equivocate wrote about the new movie Civil War.

For those interested, a couple years ago I wrote a brief piece about purity tests, stigmatized shibboleths, and how we can use the club theory of religion to better understand current political movements. Derek Thompson sean illing
economistwritingeveryday.com/2020/12/28/one…

People whose great-great grandparents literally just stepped off a boat in Ellis Island and that was it: 'My family immigrated legally, why can't these people?'

The legal immigration system now: