First order of magnitude given low median investment on health, education, infrastructure, etc it doesn't seem like population is a global constraint. Of course, Ethnocentric limits on migration *do* conjure local problems, but those have direct solutions. 1/ @klausprettner.bsky.social et al

INEQ is now on Bluesky! ✨ Curious about research on inequality? So are we! 📈 We’re INEQ, based at @wuvienna.bsky.social. Follow us for research, publications and events on inequality. For more, visit our homepage ⬇️ ineq.at

Machines don’t rebel, they redistribute. Minniti, @klausprettner.bsky.social‬ & @franceventurini.bsky.social show in EER that as #AI grows across #Europe, labour’s share of #income declines, especially among the educated. This is a precise and profit-minded revolution. doi.org/10.1016/j.eu...

FT: Amerikanische Studenten wechseln nach Großbritannien, da Trump US-Universitäten angreift Die Nachfrage nach britischen Studiengängen steigt nach dem Angriff des US-Präsidenten auf die Ivy-League-Institutionen. www.ft.com/content/ebb2...

Happy to share an online PhD-level lecture on Schumpeterian #economic #growth models by @Pietro Peretto. A huge thanks to Pietro for this great lecture. I hope many students will take the opportunity to benefit from his insights. www.youtube.com/playlist?lis...

Very happy to share our paper on #AI and the Skill Premium (joint work with David E Bloom, Jamel Saadaoui, and Mario Veruete), which just came out in Finance Research Letters: www.sciencedirect.com/science/arti...

"Economists across a broad ideological spectrum argue that investments in scientific research — especially the kind of fundamental, early-stage research that is too risky to attract private investors — are among the most efficient uses of taxpayer dollars."

A few years ago, I started recording my #Macroeconomics #lectures focusing mainly on #Economic #Growth. Recently completed playlists are - Intermediate Macroeconomics: tinyurl.com/3e5v5jzh - Advanced Macroeconomics: tinyurl.com/37akaxxr Please feel free to use, share, and comment.

"We can heal the sick and save children’s lives, all inexpensively... We properly honor a firefighter who saves a single child, but three cheers for us as taxpayers for rescuing millions of children around the world from AIDS, starvation and disease. That is, until January." -- Nick Kristof

Zelensky is a wartime leader watching his people suffer and die under Russian attacks every day. To be lectured and lied to by Trump and Vance, as they defend the war criminal dictator committing these atrocities, is unimaginable agony. An everlasting shame for America.

I will never forget the photo of Zelenskyy’s face after he saw Russia’s war crimes in Bucha in 2022. He seemed to age years in an afternoon. Watching him constantly cross the world asking for aid that should have been thrown at him is one of the deepest shames of our age.

Medical Innovation, Longevity, and Income Growth: Historical Evidence of Nonlinear Effects in Advanced Economies @klausprettner.bsky.social @Antonio Minniti @Michael Kuhn @urbinoeconomics.bsky.social papers.ssrn.com/sol3/papers....

Whenever you hear someone sneer about scientific research that seems useless to them — “they’re studying the spit of lizards?!” — remind them that’s exactly how we got Ozempic. globalnews.ca/news/9793403...

17 THOUGHTS ON THE DEEPSEEK SELLOFF In today's newsletter, I tried my hand at writing about "what it all means" Sub to the newsletter here: www.bloomberg.com/account/news...

Learning by doing in the global electric vehicle battery sector is estimated at 7.5 percent and accounted for 35.5 percent of battery cost reductions from 2013–2020, from Panle Jia Barwick, Hyuk-Soo Kwon, Shanjun Li, and Nahim B. Zahur https://www.nber.org/papers/w33378

Der US-Arbeitsmarkt seit 1880.

Our Daily Data Insight today — the world has passed “peak child.”

ÖVP-Politiker:innen in den vergangenen Monaten über einen Kanzler Herbert Kickl (FPÖ) und eine Koalition der ÖVP mit der "Kickl-FPÖ". Ein wohl unvollständiger 🧵

@wifo.bsky.social Austrian microdata show that average markups have increased in many non-tradable services, with a self-reinforcing dynamic strengthening firms already at the top of the distribution. Find out more in our WIFO Research Brief: www.wifo.ac.at/publication/...

An attempt by the popular video-sharing app TikTok to assuage EU lawmakers' concerns backfired yesterday, as company executives faced hostile politicians questioning its role in ultranationalist Călin Georgescu's win in the recent first-round of Romania's presidential election.

"This results in eurozone growth of 0.8% for 2025, notably below the 1.2% consensus. We look for the weakest growth in Germany (0.3%), followed by Italy (0.6%) and France (0.7%), with Spain again outperforming notably (2%)." - Goldman Sachs

Histograms of the world's population by Bill Rankin Data is from 2000. In the 21st century, Africa's population will continue to increase greatly.

Economist: "Excited to share a new working paper about this event that just happened a week ago!" Also economist: "Excited to see this paper finally published after 5 kids, 3 moves, 2 tenures, and 25 years later."

This is great on battery innovation www.construction-physics.com/p/how-we-got...

Few people even know about this; when people are asked in surveys how child mortality has changed the majority says it has stagnated or increased. If you consider that many don't know about humanity's biggest achievement, then it's not surprising that many are so pessimistic about our future.

We live in amazing times.

New article in Journal of Communication looking at changes to trust in news across 46 countries in the last 10 years. Trust in news declined in just over half of countries. It decreased more in countries where TV news use has declined, and/or where social media news use has grown. A thread:

Here’s a crazy fact for you: Spain and Germany have now seen basically the exact same amount of economic growth post-2008. Would have been unthinkable to people during most of the 2010s. Spain has seen ~10 percentage points more cumulative growth since 2017.

the fallout from the Francesca Gino research misconduct scandal isn't over. @engber.bsky.social writes about how an effort by some of her colleagues to self-audit their work with her ended up raising even more questions — for them personally and their whole field www.theatlantic.com/magazine/arc...

We've just made it much easier to reuse the data on Our World in Data. Here is an overview of our new features: enhanced data downloads and the Chart Data API. ourworldindata.org/easier-to-re...

Where are the young #MacroEconomists? Wann join us @WU in Vienna, Austria. The Department of Economics invites applications for a non-tenure track Assistant Professor position (Post-Doc) in Macroeconomics. Apply via EJM (econjobmarket.org) or @WU: www.wu.ac.at/karriere/arb...

Austrian Socio-Economic Panel (ASEP) - Austria has started a long-term household panel survey like the GSOEP. The first wave of wave data is already available (here: aussda.at/en/news-deta...). A special feature of ASEP is that it is register(!!) based. This has two nice features, see below

“We find an additional $1 spent auditing taxpayers above the 90th income percentile yields more than $12 in revenue, while audits of below-median income taxpayers yield $5.”

How AI affects income distribution and regional disparities? Evidence from Europe.. with Antonio Minniti, Klaus Prettner @ssrn.bsky.social @wuvienna.bsky.social @niesrorg.bsky.social