Very intuitive explanation for the puzzle we observe in Istanbul as well. I bet the extremes are even worser in Turkey b/c of very lax labor regulations in a static world. But labot mobility is also way higher in Turkey so I am not sure in the long run

half the super hyped up "tech" crap of late isn't even really tech at all. food delivery, taxis, Theranos, etc. crypto is just unregulated finance

Alper hoca @yagcialper.bsky.social sömürgecilik ve kalkınma ilişkisi üstune cok ilginç bir yazı yazmış. Benim gibi ekonomik deterministlere (sömurgecilik sonuçtur diyenler) karşı argumanlarını ve delillerini çok net ifade etmiş. Kolay da okunuyor: alperyagci.com/bati-dunyayi...

Hasan Tekgüç ve Değer Eryar'ın, vergilerin ve sosyal harcamaların gelir eşitsizliği üzerindeki etkisini inceledikleri yeni makaleleri yayımlanmış. 1/

Our new paper (with Değer Eryar of IEU) is published in Review of Development Economics. We investigate the inequality and poverty impact of taxes, transfers and social spending for Turkey between 2003-2019. The paper is open access: onlinelibrary.wiley.com/doi/full/10....

Did not know that Dierdre McCloskey was on Claudia Goldin's dissertation committee; her comments here are interesting, and hopefully will get more people to read Nancy Folbre and Julie Nelson: