The Center for the History of Political Economy at Duke University is now accepting applications for the 2026-27 Visiting Scholars program. For a complete description of the program and how to apply, please visit the Center website: hope.econ.duke.edu Come join us!

No, way better. He just wrote my price controls lecture for Econ 101 next spring. Always nice to get a head start on teaching.

Who says history of economics research isn’t relevant? Humbled and honored …

Shot, chaser.

If I disappear after my Econ 101 lecture on international economics in a couple of weeks, at least y’all will know what happened to me. (Upside: I avoid the three weeks of macro lectures.)

Another day, and more winning! Reminds me of the good ol’ days when my Detroit Lions went 0-16. Former glory is being restored!

So much winning.

I stand with Ukraine 🇺🇦 ❤️ if you do, too.

Posted for no particular reason. 🤡

@gelbach.bsky.social is a fine scholar and a wonderful person. However, I simply will not stand for him insulting young ferrets in this way. Free speech rights should not extend to this sort of monstrous, slanderous sort of talk.

Looking forward to Cruz pointing out the wokeness of the Coase theorem, since it tells us that we can indulge distributional preferences with zero efficiency consequences.

The birth and death of the French NBER, by Serge Benest. #EconFR journals.openedition.org/rhsh/9672

Roses are red Duke is blue We love structural But you do you. @instrumenthull.bsky.social

New Econ 101 test question just dropped.

Important new work by Malcolm Rutherford on the history of Blacks in American economics—the early generation of those earning PhDs. @trevondlogan.bsky.social papers.ssrn.com/sol3/papers....

Great to see this with @spydermed.bsky.social published online! read.dukeupress.edu/hope/article...

The big Econ 101 class lecture today is on public goods. If only there were something in the news to motivate the lecture … 🤔

One of the screams you hear is the collective one of about 10,000 applied economists who see an endless stream of natural experiments unfolding before them alongside the collapse of funding for the research on them.

Get to teach the Jevons paradox to my 230 Econ 101 students tomorrow. We are so back!! #HistoryOfEconomicsFTW

A clown car, wrapped inside a shit show, wrapped inside a dumpster fire. Sort of the turducken of governance.

Hi. I am teaching Econ 101 this term.

This is what happens because nobody reads Adam Smith anymore. 🤣 @florianederer.bsky.social @anthonyleezhang.bsky.social @bengolub.bsky.social

C’mon, Justin. Hockey pucks (official NHL ones) and tequila. Strategic trade policy. Someone is playing chess while the rest of us are playing checkers.

This is sweet. Looking forward to seeing the research produced utilizing it and subsequent national databases. The possibilities are immense!

If we were a little farther along in the semester, a “Pick an Executive Order and subject it to demand-supply analysis” would make for an interesting assignment for the coming weekend for my 101 students.

Got to spend 2 hrs at Duke women’s hoops game today listening to dude behind me mansplaining the whole game and college hoops generally to his gf/partner. Externalities are everywhere. (And no, my WTP was clearly nowhere near high enough to bribe this happy mansplainer into silence.)

This. 👇 The whole damn thread. This year I am thankful for theorists who show us possibilities and theorists who show us limitations. Good policy is hard.

Now people are going to think I grew up on a farm or a ranch …

There is a paper on tie-in sales just waiting to be written here.

For SoCal friends, Here is a list of resources for shelter, animal boarding, free items, and distribution hubs. These places can also use donations (e.g., food, water, masks, and blankets). Please consider donating if you can. For more info, visit Instagram: mutualaidla

Every one of my Econ 101 lectures opens with a song, somehow related to topic of lecture, written before the students—and sometimes even their parents—were born. Our job is to expand their knowledge base!

Now do professors. www.nytimes.com/2024/12/30/s...

My favorite application of mechanism design. 20 years ago, I was a match for my uncle, who is still going strong today. But a friend of mine (an excellent Duke PhD student) was not so fortunate and died waiting for a liver. The n-way pairing saves countless lives. An amazing gift to society.

Your daily ‘marginal incentives actually matter’ tweet.

I write about economists and legal scholars arguing over whether all really is for the best in the best of all possible worlds.

I am an economist, and when I give a movie 7/10 it means that I would also give it 7/10 if I watched it from finish to start.

Teeing this one up for @khoavuumn.bsky.social

This is blasphemy.

Started, Going. The spring Econ 101 course gets more exciting every day.

This is an indication of someone who has no business being a journal editor. The proper procedure here is to send the referee request ON CHRISTMAS DAY, not five days ahead of it.

Still thinking about this epic whiskey review @byryanmartin.bsky.social sent me a few days ago “My third taste reminds me that this is, in fact, whiskey.” www.amongstthewhiskey.com/post/bushmil...

I had a joke about the Coase theorem, but it was the same as every other joke.

New test of the Coase theorem just dropped.

Natural experiment just dropped, courtesy of the State of North Carolina.

pls share: funded by EPA: Economy & Space, up to 8 travel + accommodation stipends available to enable doctoral & postdoctoral researchers to participate in the "ideational geographies" workshop at UBC, June 11-13, 2025. Application details: blogs.ubc.ca/peck/researc...

I keep thinking me, @paulgp.com, and an Edgeworth box. (And yes, Paul, I have icing!)

A Nobel-worthy effort. You won’t regret a trip to Crail, and David is a fabulous host!

The bar just went up for “welfare analysis.”

Your daily “causal inference is a thing” reminder, served with a side of shade, courtesy of @jasonfurman.bsky.social

I wonder whether this explains any two economists who don’t like each other? (Yeah, I know—that would require someone besides @florianederer.bsky.social and myself to actually wear suits.)