Macroeconomists, meet Hank: how new models are changing the discipline ift.tt/bZyGmBw

hey i'm a podcaster now link.chtbl.com/Money-Stuff-Po…

.Matt Levine and I are launching the Money Stuff podcast tomorrow

here’s the trailer!:
link.chtbl.com/Money-Stuff-Th…

We’re thrilled to have ⁦Betsey Stevenson⁩ giving the ⁦Academy of the Social Sciences in Australia⁩ Cunningham Lecture ⁦UNSW⁩ this evening.

'Not flat, we checked' -- NASA

As tensions in the South China Sea heated up, I headed out to Thitu Island, in the Spratlys, on one of the most interesting reporting trips I've ever done.

I had one question: what is it like to live on a tiny, contested island?
npr.org/2024/04/11/124…

The newest St. Louis Fed podcast, 'Teach Economics: How Understanding Brain Science Can Help You Teach Economics' featuring Bill Goffe and Andrew Butler Washington University in St. Louis #TeachEcon
stlouisfed.org/education/teac…

I long for the days when I didn't have to think about PPI releases

The main perspective one should have on the inflation data is that inflation remains a real concern for the economy.

But FWIW (and is worth something), 6 month core PCE will likely still be less than 3% when we get the data in a few weeks. So is not break glass time yet.

Availability of better-paid jobs for those without a college degree.

It's an immense honor to be named as one of the 'Class of 2024' Distinguished Fellows of the American Economic Association with Bronwyn Hall, John Haltiwanger, and Margaret Simms. I have no idea who penned the citation, but it's lovely. aeaweb.org/about-aea/hono…

Claudia Goldin was a clue on Jeopardy! tonight

Housing and car insurance are the main drivers of today’s high core inflation print. Energy prices are the main driver of the increase in the overall CPI. Outside of those categories, the prices of goods and services are relatively stable, and some are even falling.

For reasons I can't really explain, the audiobook of 'Help Wanted' wasn't ready when the book was released last month... But it's finally available. And the narrator, Amanda Ronconi, is wonderful, people keep telling me. libro.fm/audiobooks/979… or amazon.com/Audible-Help-W…

Astronomical recommendation for

@AdelleWaldman's Help Wanted

it eclipsed an actual total eclipse

From Jeanna Smialek: 'If the Fed does leave interest rates higher this year and in years to come, it will mean that the cheap mortgage rates like those that prevailed in the 2010s are not coming back.' Agree. Policy drove mortgage rates from 3% ➡️ 8% and won't entirely reverse.

I really appreciate this piece from Angus Deaton about what he got wrong and how economics has lost a people-focused lens:

'We have largely stopped thinking about ethics and about what constitutes human well-being... We get little training about the ends of economics, on the…

Two years since Nicole Foy and I dove head absolute first to launch something we believed in. Insane to think this has basically been my second job for TWO YEARS. That’s as long as I’ve had other actual forms of employment!

But it’s thanks to everyone who helped and believed!

Professional news—psyched to join the excellent folks at EIG! Today is my first day, assuming I can find the office and defeat the battalion of Sardaukar that guards it. Can’t wait to get started.

Hands down the wine and egg diet that Vogue printed in the 70s