View Episode Notes » Season 1 Episode 184 / October 4, 2024 Michael Strain on the Jobs Report Mark and Cris are joined by Dante and Michael Strain, Director of Economic Policy Studies at the American Enterprise Institute. Dante kicks things off with a detailed summary of the stronger than...
Several comedy notes need to be made forInvasion USAto be watchable. Near the beginning, when Chuck Norris is wrangling a gator with his Native American buddy [!!], he doesn’t knot the rope around the alligator’s snout, so it sheds the rope and snaps at John Eagle as it is going ...
But then came his bombshell: ‘Recent developments in economics, and in particular in the theory of the business firm, have raised great doubts as to whether this schematised model of economic man provides a suitable foundation on which to erect a theory—whether it be a theory of how firms...
Notes For brevity, the term WFH in this paper refers to “work from home” or “worker from home,” and WAFH refers to “work away from home” or “worker away from home.” This nomenclature aligns with the conventions established by Bloom et al. (2015) and Restrepo and Zeballos (...
December 16, 2024MarkLeave a comment A post with a festive theme. This is from the Westpac Weekly Commentary which has a ‘Chart of the week’ feature. This week they looked at the change in price of ingredients of a Christmas fruit cake since 2005. Some points of note: ...
“intention economy.” They describe this prospect in “Beware the Intention Economy: Collection and Commodification of Intent via Large Language Models,” published December 30, 2024, in a Special Issue of theHarvard Data Science Reviewwith papers on the theme “Grappling With the Generative AI ...
We were not asked to provide a rank ordering, but, as I have thought more about such a possibleranking ofmy own entries, I cameincreasinglyto the judgment that game theory should perhaps be placed at the top. These notes are aimed to explain this judgment. An interesting feature of game ...
As Joel Mokyr notes, one of Nathan Rosenberg’s important contributions was to debunk the “linear model” in which basic science begets applied science, which begets useful technology. Technology in his view is not the mechanical “application of science” to production; it is a field of knowl...
Thinking Nicholas Gruen is CEO of Lateral Economics and is a widely published policy economist, entrepreneur and commentator. In this episode Professor Gruen discusses the need for reform in economics at both academic and policy level. He also explains the importance of information …Show Notes ...
Notes Countries were classified as high income (HIC) if annual GNI per capita exceeds US$12,055 and low income (LIC) if annual GNI per capita is equal to or below US$995. HICs: Chile, Croatia, Czech Republic, Estonia, Hungria, Latvia, Lithuania, Slovenia, and Uruguay. ...