I'm sorry you can't know this without an large N RCT. Going to make that happen.

“All politics used to be local. Now all politics is national.” drafts.interfluidity.com/2026/06/13/m...

Got some cpi stans in my neighborhood

Zucman's silence on trillionaires is DEAFENING.

Posting to policy.

It is Very Important to base policy on What Actually Happens and not Your Imagination.

this to me, is the promise of america

this rocks lmao, a great way to avoid falling out of a plane is to not wear a parachute, simple as,

Wonderful display of ideological corruption of two major economics professors (Mulligan and Bai): If we magically assume that people start working because otherwise we take away their Medicaid, even if our own literature review doesn't support this, then poverty would magically fall

I actually thought Worf was the unambiguous best thing about Picard series 3. It felt so perfect for his character that he'd entirely changed his philosophy *but* was as utterly certain that this is the best way to be as he once was about his attempts to be a Good Klingon Boy.

90% of my stats advice in a nutshell: - don’t do it - use a simpler model - stratify - it’s about 10%

As of 2022 4.3% of households owned crypto, with the median assets And crypto conditional on having crypto was $2000. www.stlouisfed.org/on-the-econo...

"a huge fraction of them threw the money into crypto magic beans and various meme stocks" Is this true? Or is it a small fraction that got written up a lot because it's fun to write about?

something I think about a lot is that pandemic relief and Bidenomics left the most of the working class better off in terms of money and savings than at any point in several decades, and a huge fraction of them threw the money into crypto magic beans and various meme stocks

"We have a term for enterprises that look successful because they keep drawing in new investors and keep drawing in new investors because they look successful. They’re called Ponzi schemes." paulkrugman.substack.com/p/elon-musk-...

Before agriculture—or, at a minimum, during the Middle Ages—medians didn’t exist and everyone was happy and there was no labor

I just released a new working paper! “Don’t Give Up on Lab Experiments: Why the Field Still Needs the Lab” Available here: ideas.repec.org/p/feb/natura...

What makes a workforce credential valuable? A @brookings.edu article by AIR’s Amy Feygin and Harry Holzer highlight how community colleges can better align programs with jobs, engage employers, expand work-based learning and strengthen student supports. https://bit.ly/3SjuCjM

also I've been trying to construct this take and I stand by it: that game was a victory for big city liberalism

It’s gonna be wild times on Saturday here on Bluesky, the app for sports and charts tracking Brent oil

Look, maybe the Knicks DID win, but the way this progressed just confuses people and reduces confidence in the whole 'sports' process. -NYT Editorial Staff

Had to steal a banger

I'm gonna earnest post and say it was always Daenerys. The show did her dirty. For all the "white savior" critiques (fair!), at the end of the day she liberated slaves and destroyed the masters. The writers' bleak vision is that radical goodness must turn evil because it is radical. I reject that.

Neuroscientist here, who has talked about the US losing science ground to other countries: The biggest problem for generating future cures for brain diseases is the ongoing utter destruction of US basic neuroscience. It’s not about regulation.

this is me re-writing my paper

Folks who want to come here, spend money, watch their countrymen kick a ball and stand in awe of Buc-ee's are exactly the sort of people we should be welcoming with open arms.

We love to see it! And read about it in the NYTimes: Gift link: www.nytimes.com/2026/06/11/u...

Jane Yolen was an absolutely lovely human and also an almost absurdly talented writer. It's wonderful when both things are wrapped up in the same person. I considered her a friend and a colleague, and I will miss her. Condolences to the each of the many of us who knew her. Her memory is a blessing.

NEW PIECE: After a very extended recovery from illness I'm back with a new piece, focusing in on the role of the OMB in our ongoing constitutional crisis. www.crisesnotes.com/the-ombifica...

I've been reading Emily Wilson's Odyssey out loud to my kids and it absolutely rocks for that purpose. So much fun to read aloud and flows so smoothly. The kids would never have sat still for her wordier laborious predecessors.

Last call for our survey! Link is here: survey.alchemer.com/s3/8870674/M... Looking at you @peark.es @conorsen.bsky.social @atwilliams.bsky.social @claudia-sahm.bsky.social @gbenga-ajilore.bsky.social @skandaamarnath.bsky.social @carlquintanilla.bsky.social @davidmwessel.bsky.social

"All this is sold as cutting “burdensome conditions,” a goal I would support, but sadly that is bullshit."

That’s why my papers often include asides such as “(Don’t try to deny it, you know what you did.)”

Claims: 1/ Initial claims continue to climb but it looks like residual seasonality to me - happened in each of the prior 3 years, and 2026 remains below each of them.

Why the left should embrace its quantitative heritage (Marx), why quantification is good if you have left/liberal ideals, and why graphs aren't your enemy

Strong contender for “best thing I read this week”

"The hardening evidence of microfinance’s failure to alleviate poverty should have led to a rethinking of its use as a development tool, said Rafe Meager, an associate professor at the University of New South Wales in Australia, who has studied the academic research on microfinance."

BLS reports the best available evidence using long-standing scientific methods and without regard to political spin. Remember that the next time someone tries to tell you different without any solid evidence.

Trump now threatening to end trade deal that he himself negotiated and claimed was best deal ever made www.ft.com/content/e55a...

Does it?

Yes! Yes!!

The most ambitious crossover event in history: SHED data in FRED! news.research.stlouisfed.org/2026/06/fred...

Each ICE operation generates roughly $196,000 in monthly losses for nearby businesses and communities. (That's 11x the government's administrative cost of a deportation.) Why? ICE activity decreases foot traffic in those public areas.

This is a meme I can get behind. What will *your* Liberal Currents article be about, Bluesky Poster?

"25% of development econ papers are RCTs" is funny in that: 1.) There's a subpopulation of people who think it's 0% ("economics isn't a science"). 2.) There's a subpopulation of people who think it's >90% ("economists have to stop this obsession with causality").

Yes. www.aeaweb.org/articles?id=...

I *think* the point he is making here (presumably originating in CEA/NEC staff) is "the inflation numbers show that price increases are still mostly contained to oil, with limited effect on Core CPI".

Good thread recapping Trump's BLS nominee hearing. I have zero concerns about Matsumoto, he would be an appropriate pick for any President. Hearings don't really add to that, but there are some representative quotes (as well as interesting details about evolving away from survey-based jobs data).