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Marginal REVOLUTION

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Latest posts

Last updated about 1 hour ago

Negative political externalities from migration to Britain?

about 2 hours ago

Following up on my recent post, which suggested less skilled immigration into...

A new economic model of AI and automation

about 3 hours ago

Here is but one part of the results Given complementarity between the...

They are solving for the (electoral) equilibrium

about 14 hours ago

Social Security also got quietly more generous during this period. Each year...

Tuesday assorted links

about 16 hours ago

1. Pre-history of progress studies and links 2. Do institutional investors raise...

My Win-Win podcast with Liv Boeree

about 17 hours ago

Liv is great at this, here is the Spotify link.  Note this...

Grade inflation sentences to ponder

1 day ago

Next, we consider the effects of grade inflation on future outcomes. Passing...

Claims about AI productivity improvements

1 day ago

This paper derives “Scaling Laws for Economic Impacts”- empirical relationships between the...

Venezuela stablecoin fact of the day

1 day ago

By one estimate, almost 80% of Venezuela’s oil revenue is collected in...

The downside of NAFTA?

1 day ago

We study how NAFTA changed the geography of violence in Mexico. We...

Monday assorted links

1 day ago

1. The (strong) case for beans (WSJ) 2. Education is correlated with...

Chairman Powell’s Statement

2 days ago

Whether an independent Fed is desirable is beside the point. The core...

What should I ask Joe Studwell?

2 days ago

He has a new and excellent book coming out, namely How Africa...