A large storm system is expected to hit this weekend, with snow and ice from Texas to the Carolinas and up the Eastern seaboard. The winter system could bring more than a foot of snow. n.pr/4bckcKu

Nice post that highlights that while there has been a substantial reduction in wage inequality since 2019, the reduction is substantially smaller than the rise in wage inequality since the early 1980s. Perspective is important.

Handel mit Südamerika - Mercosur-Abkommen wird unterzeichnet - Mehr unter https://www.deutschlandfunk.de/mercosur-abkommen-freihandel-pro-contra-agrar-100.html #wirtschaft #deutschlandfunk #handel #börse #markt

Dani Rodrik and Suresh Naidu say economists need to adopt a broader view of prosperity, one that includes metrics of wellbeing like access to health, democratic participation, and a livable planet. Listen to the new Economics for Inclusive Prosperity podcast. #EfiP podcasts.apple.com/us/podcast/e...

Five minutes more exercise and 30 minutes less sitting could help millions live longer

Share of London homes sold at a loss higher than anywhere else in England and Wales ft.trib.al/Qrgweoo

Der FC Barcelona gewinnt den spanischen Supercup! 🏆 Mit einem 3:2 setzte sich die Mannschaft von Hansi Flick gegen Real Madrid durch. Die Tore für Barca erzielten Raphinha (2) und Robert Lewandowski. Für die Alonso-Elf trafen Vini Jr. und Gonzalo… #sport1 #sport1news #realmadrid #barca #elclasico

"AFFORDABILITY ANGST" I wrote this week's @economist.com cover story, on affordability in America Politically, "affordability" is a potent slogan. But on the economics, the issue is mostly a mirage—real wages have risen handsomely. That mismatch spells trouble Thread and link ⬇️

#Europe’s AI growth dividend isn’t automatic. This IMF analysis estimates that #AI could raise EU #productivity by ~1% over five years without reforms. Bigger gains require deeper single markets, stronger capital markets, flexible regulation, worker reskilling, and affordable energy.

Promising results from a new A.I. tool for spotting pancreatic cancer in routine CT scans are another example of how China is racing to apply the tech to medicine’s tough problems.

What is the intersection of machine learning, causal inference, and economics? What are promising avenues for research at this intersection? I just drafted a new talk exploring these questions: maxkasy.github.io/home/files/s... Thoughts and comments welcome!

Expectations around generative AI are being scaled back. This article argues that many corporate AI deployments have yet to deliver clear business value, prompting a reassessment of AI’s real capabilities and limits: www.technologyreview.com/2025/12/15/1...

U.S. inflation unexpectedly slowed in November, rising 2.7% from a year ago, in a report likely distorted by the government shutdown.

@javaun.bsky.social: “Whether you pursue automations in engineering or storytelling, you will be uncomfortable and face difficult decisions.” www.niemanlab.org/2025/12/auto...

Handwritten and oral exams are making a comeback

Opinion from Alphaville: OpenAI is a money pit with a website on top. That much we know already, but since OpenAI is a private company, there’s a lot of guesswork required when estimating the depth of the pit. on.ft.com/44xy39L

🎉Event Sign-up🎉 Join us on December 2! We'll demo our new PATHWISE tool and discuss AI workforce policy with Jobs for the Future's Tiffany Hsieh, PennWest's Camille Dempsey, @alicrawford.bsky.social, and @belongnomics.com! Registration details below: cset.georgetown.edu/event/the-ta...

I can think of no more important time to be doing work with this extraordinary community at UW

AI could replace 3m low-skilled jobs by 2035, research finds

The U.S. economy in 2025 is split in two: Everything tied to artificial intelligence is booming. Just about everything else is not.

This paper shows that higher income inequality is strongly correlated with higher productivity. This suggests that expanded access to education and health, progressive taxation, labour rights and democratic participation enabled both rising equality and rising prosperity. wid.world/document/equ...

It's time to remove laptops from classrooms. 24 experiments: Students learn more and get better grades after taking notes by hand than typing. It's not just because they're less distracted—writing enables deeper processing and more images. The pen is mightier than the keyboard.

There are concerns that the U.S. drone industry will be unable to provide the DOD with the platforms it will need in a future conflict. It is also unclear how many of these systems will be needed. Our new report has more: cset.georgetown.edu/publication/...

‬“Before PATHWISE, most information about AI jobs was either outdated or behind paywalls. We wanted to make it accessible—to community colleges, workforce boards, policymakers, and students alike.” @forbes.com discusses our latest data tool with @belongnomics.com! www.forbes.com/sites/avival...

I enjoyed my conversation with @tejparikh.ft.com about how AI can amplify and extend human capabilities, rather than merely imitate and replace them. See www.ft.com/content/1e5e...

Künstliche Intelligenz in der Forschung: Physiker Mario Krenn baut künstliche Wissenschaftler: Der Physiker Mario Krenn möchte künstliche Wissenschaftler bauen. Schon jetzt entwerfen seine KI-Programme Experimente, an die Menschen nicht denken. Die Versuche könnten die Forschung entscheidend…

Exposure to the Low Income Housing Tax Credit during childhood improves mother's health and socioeconomic status at the time of first birth as well as leading to improved infant health outcomes, from Janet Currie and Jessica Van Parys www.nber.org/papers/w34464

Au Portugal, la tempête Claudia fait au moins trois morts et des dizaines de blessés

Half of all UK jobs shed since Labour came to power are among under-25s

Die #Erbschaftsteuer braucht keine Revolution – nur Ehrlichkeit. Das System funktioniert, aber die Ausnahmen für sehr große Erbschaften und Unternehmen müssen weg. Nur so wird die Steuer gerecht, effizient und gesellschaftlich akzeptiert. Meine neue Kolumne bei Zeit: www.zeit.de/wirtschaft/2...

Die globale Ungleichheit steuert auf einen Notstand zu: Eine Gruppe von Expertinnen und Experten der G20 warnt die Politik.

Brexit has cut UK GDP by 6 percent to 8 percent by 2025. These negative impacts come from higher uncertainty, reduced demand, diverted management time and trade costs, from @nickbloom.bsky.social, Philip Bunn, Paul Mizen, Pawel Smietanka, and Gregory Thwaites www.nber.org/papers/w34459

Trump removes reciprocal tariffs on common agricultural products on.ft.com/4qV0acB

Breaking news: Tech shares led a slide in US stocks on Thursday as rising concerns about highly valued companies collided with growing doubts about whether the Federal Reserve will cut interest rates next month. on.ft.com/47DZPn8

Check out my new @csetgeorgetown.bsky.social report, written alongside @minanrn.bsky.social, @jessicaji.bsky.social, and Ngor Luong! cset.georgetown.edu/publication/... Identifying assumptions can help policymakers make informed, flexible decisions about AI under uncertainty.

Climate disasters displaced 250 million people in past 10 years, UN report finds

Die Fantastischen Vier: Band kündigt Abschiedstour an: Kaum eine andere Band hat den deutschen Hip-Hop so stark geprägt wie die Fantastischen Vier. Nach über 30 Jahren auf der Bühne kündigten sie nun ihre letzte große Tour an.

Just started reading @maxkasy.bsky.social's latest book. Discusses a variety of important topics around #AI and deserves a broad audience.

Tomorrow marks the first time the federal government has failed to release a jobs report two months in a row. Without these data, unemployment insurance claims provide the most up-to-date read on the labor market. As the shutdown drags on, continued UI claims by federal workers hits 30k. #EconSky

‘Best way to describe the market is bonkers’ on.ft.com/3Xent3p

Today we launched our newest Emerging Technology Observatory tool - PATHWISE! It maps the supply and demand of the AI and cybersecurity workforce across the U.S. to help identify and analyze emerging tech talent. pathwise.eto.tech

#AI research fellow job at Schmidt Sciences. You can take it as a year of leave from your university too. One of the areas of focus is AI’s impact on the labor market #EconSky 👇

Innovation and social mobility are two sides of the same coin. When new firms and ideas can challenge incumbents, opportunity expands. Nobel laureate Philippe Aghion and co-authors Richard Blundell & Xavier Jaravel show how competition, education & labour policy can drive both.

New IMK Study by Peter Bofinger (Univ. Würzburg & CEPR): Stablecoins and the Future of Money. A rigorous analysis of how bond- vs bank-based stablecoins could reshape international payments, monetary policy, and Europe’s digital sovereignty. www.imk-boeckler.de/de/faust-det...

Allemagne-France : impuissantes, les Bleues s’inclinent en demi-finale aller de la Ligue des nations

Wir haben eine Promotionsstelle an der @zbw-leibniz.bsky.social ausgeschrieben, Vollzeit, ohne Lehrverpflichtung, mit Einbindung in das @econbiz.econtwitter.net.ap.brid.gy Team. Bewerbungen bis 14.11. möglich. Fragen gerne auch an mich. www.wiso.uni-hamburg.de/fachbereich-...

Nürnberg: Christkindlesmarkt ist jünger als gedacht: Eigentlich wollte Nürnberg in drei Jahren das 400-jährige Bestehen seines Weihnachtsmarkts feiern. Daraus wird wohl nichts: Neue wissenschaftliche Untersuchungen durchkreuzen die Pläne der Stadt.

Amazon Web Services outage shows internet users ‘at mercy’ of too few providers, experts say

The divide between rich and poor in the U.S. has become more pronounced in recent months. Wealthier Americans, buoyed by a stock market that keeps setting records, have continued to spend freely. Lower-income households — stung by persistent inflation and a slowing labor market — are pulling back.

This paper challenges the assumption that generative AI displays 'real intelligence'. In the words of the author: "AI’s magic starts at the edge of our own stupidity." jurgengravestein.substack.com/p/preprint-h...