In @nytopinion.nytimes.com “We have been told that A.I. will take people’s jobs. What no one mentions is that many of those jobs are landing on us,” Carl Frey writes.

Geopolitics playing out in how we use AI in Europe. We will see more of that, i.e. the US government telling US AI companies to withhold certain features from non-domestic users. News report: www.theguardian.com/technology/2...

“It’s a wake-up call for Europe”

A quarter of rich people from around the world said they had changed their principal tax residence in 2025 or were intending to do so, down from 56% the year before, according to a new survey. ft.trib.al/uMlH5Js

‘One client on a call 18 months into his relocation complained he was miserable because none of the local population were interested in forming new friendships… No one was interested in the arrival in their community of yet another expat.’ Advice for would be tax exiles www.ft.com/content/e7bf...

Hallucinated citations are now making their way into Google Scholar. Hopefully there are better safeguards on other knowledge websites (e.g. Wikipedia)

📚New CEPR #ebook out now! 10th Migration Observatory Report Written by @tomfratti.bsky.social with Anissa Bouchlaghem, the report provides a comprehensive overview of immigrant integration across European labour markets. Free download: ow.ly/IK2850Z124m #EconSky

I keep thinking about this and I wonder if the conclusion is that in a very real way Normal Science is cooked. I suspect Revolutionary Science is probably safe for the time being, but that's a rare mode anyway and I wouldn't bet on it requiring humanness

Q1 2026 transit data is in today, & all major US rail networks are growing! SF is seeing a real boom, with ridership up 19% on Muni and 15% on BART SEPTA (Philly, 11%) and PATH (NY/NJ, +6.8%) are also seeing strong growth, while MTS (San Diego, +0.5%) is the slowest🧵

Cartels distort economies and decrease welfare. In a paper forthcoming AEJ:Macro @aeajournals.bsky.social my coauthor @ludovicpanon.bsky.social build a framework to quantify these losses. #EconSky

So happy to see this paper with @flavienm.bsky.social forthcoming at AEJ: Macro! 💡Cartels distort the allocation of resources. ‼️Collusion by top firms shifts demand toward less efficient producers → aggregate losses. 🔎Productivity ↓ up to 0.4%, welfare ↓ 0.7%

There are more important things in life than paying lower taxes, as some now seem to be discovering

This chart is a stark illustration of one of the key threats to global food supply: the shutdown of fertilizer through Hormuz due to this war. The other three threats - tariffs, heat and El Niño - are conspiring to create a real food emergency very soon Gift link: www.bloomberg.com/opinion/arti...

"If you live outside Africa —whether in the Americas, Europe or Asia —Africa is going to be a bigger part of your life. In trade, investment, tourism, literature and music, African integration into the world system is beginning in the way it did for Asia over half a century ago"

In the Notifications menu under Settings in the Signal app, users can change what Notification Content appears. This includes Name, Content, and Actions; Name Only; and No Name or Content. www.404media.co/fbi-extracts...

21/ EV ownership at ‘tipping point’ in many parts of the world, experts say A picture is worth a 1000 words www.ft.com/content/ef33...

Pet parrots which typically live alone (whilst those in the wild live in large flocks) were given the technology to call each other. They would use it for up to three hours a day, and developed favourite friends 💔 on.ft.com/3K05vhS

Well, it was nice while it lasted. arstechnica.com/ai/2026/04/a...

Big piece on how the UK is not getting the data it needs and how this is affecting policymaking. A key issue seems to be that the shift from surveys to admin data has not worked well as govt departments have not allowed the ONS access to the data it needs on.ft.com/3WSCN6h

London’s luxury hoteliers lose sleep over fall in Middle East visitors ft.trib.al/48tVLNA

Inequality, excess saving by the rich and debt for everyone else. Atif Mian in the IMF’s finance and development magazine>> www.imf.org/en/publicati...

6/ China...maybe its not just "cheap labor" and "subsidies" and "copycat" Clean Energy patents are soaring... www.nytimes.com/interactive/...

5/ "You can now drive an EV from London to Barcelona on a single charge. Think about that: CATL just unveiled a battery with a 1,500km range that charges in 6 minutes That's: >Faster than a coffee break >Longer than almost any petrol tank >The final nail in the "range anxiety" -- @AssaadRazzouk

Are remittance inflows at risk?

Collapsing remittances will compound Asia’s energy shock economist.com/asia/2026/04...

"the Managing Director Kristalina Georgieva today announced that the IMF is now dealing with the Government of Venezuela, under the administration of acting President Delcy Rodríguez." www.imf.org/en/news/arti...

Shiller's measure of long-term price-earnings ratio suggests stocks are overvalued, at least in historical terms. CAPE is now at levels last seen during the 2000 dot-com bubble

OCDE: une baisse sans précédent de l'Aide publique au développement

Has the UK crossed a tipping point? EVs account for more than half of all new cars sold in 2026

The Big Read | Rearming Germany: how a €10bn warship project turned sour ft.trib.al/E9nSOaF #FTEdit

"and public and private objectives reinforce rather than undermine one another. This starts with delivering on existing decarbonisation targets and preserving the Emissions Trading System as a credible, market‑based instrument for carbon pricing." www.ecb.europa.eu/press/blog/d...

Are European carmakers ready for the global shift to EVs?

75/ 2 eg of consumer & govt shifts in 1970s: 1 Cars: Japanese & Western consumers wanted way more fuel efficient cars. 2 Power & Electrification of end uses: France went nuclear, Europe electrified trains, Japan electrified home heating 2026 Oil Shock, watch Asia & Europe bsky.app/profile/did:...

A relic from the pre-AI era?

At a time when everything seems bad, here’s a bit of good news. In 1991, lithium-ion batteries cost around $9,200 per kilowatt-hour — 33 years later, they cost just $78. This helps us move towards electrification of transport and energy storage in homes ourworldindata.org/battery-pric...

Thanks to Matthew Lucky at ProMarket for doing a review of The Wage Standard - I think it's the first! Link: www.promarket.org/2026/04/02/h...

From Bloomberg: “The world’s most important price for real-world oil barrels surged above $140 on Thursday, the highest since 2008.  Dated Brent, the price of shipments bought and sold in the North Sea, reached $141.37, surpassing levels seen when Russia invaded Ukraine.” #economy #energy #markets

“Don’t tell me where your priorities are. Show me where you spend your money, and I’ll tell you what they are.” #econsky #academicsky marketdesigner.blogspot.com/2026/04/how-...

Responding to oil shocks: price vs quantity

No naptha, no chips for AI or cars.... "Most coverage has focused on LNG & Helium, but naphtha is the input that has not gotten enough attention. It is the petrochemical feedstock from which photoresists, cleaning solvents, & process gases used in chip fabrication" asia.nikkei.com/opinion/horm...

Is it a good thing? Not necessarily www.imf.org/en/publicati...

After Claudia Goldin became the first woman to win a solo Nobel in economics, she got hundreds of invitations. She accepted three. One was advising WNBA players on a labor deal. She helped players land the biggest % raise in US sports history. www.wsj.com/economy/wnba...

NSF Update through March 13, 2026 1/2

I agree 100% with Steven Vickers that authors will be falsely accused of using AI in the coming years. In particular, authors like myself whose works were stolen to train AI systems are at risk. When we write in our own unique styles, AI trained on us will quite likely flag us as using AI.

This is both a bold and incredibly nuanced position: Wiki pages train AI systems and the utility and efficacy of synthetic data to train systems begs a lot of questions, so it's smart for Wiki to remain a source of high quality human-generated training data particularly in langs other than English

I didnt expect Freshwater snails to make it to the top 5 of the world’s deadliest animals

The global food crisis unleashed by the war ft.trib.al/Vvm54S0