Tyskland i stagnation, Spanien i vækst: Turisme, grøn energi og især migration driver Spaniens succes. 600.000 nye tilflyttere årligt holder arbejdsmarkedet og forbruget i gang – og viser hvor afgørende indvandring er for økonomien. #tysk #tyskpol www.n-tv.de/wirtschaft/S...

SIM Division Online Workshops on Integrating Reviewer Feedback! 👉3 June with Jill Brown & Jonatan Pinkse (1700 BST; 0900 PDT; 1200 EDT; 2130 IST) 👉5 June with Hari Bapuji & Celine Louche (0900 BST; 1330 IST; 1800 AEST; 2000 NZST) For more info and registration links: sim.aom.org/sim/discussi...

The last time German troops were on Lithuanian soil was in 1944, under Nazi occupation—a dark chapter marked by horrific crimes, especially in Vilnius. Today, the story is profoundly different. We return not as occupiers, but as allies—welcomed with open arms by a free and democratic Lithuania.

I spent the half-year working on this investigation. Extraordinary influence of UPF lobby behind the scenes. 'UK government dropped health push after lobbying by ultra-processed food firms' 👇 www.theguardian.com/society/ng-i...

📣 Save the (new) date! Boost your causal reasoning with both theory and practice: our short course on #DAGs covers key advances in causal inference, and @p-hunermund.com shows you how to tackle common challenges like backdoor paths, bad controls & selection bias — hands-on in R. ➡️ t1p.de/GSS25-SCD

A more balanced global economy means stronger more dynamic demand—expanding opportunities for all. Presenting our paper today to G20 Workshop w concrete recommendations to reshape global economic governance around public purpose over fragmented technical fixes. Read it ➡️ tinyurl.com/ykc5admp

Hard not to be optimistic, when you see the recent revolutionary advances in medicine: CRISPR and mRNA/siRNA related technologies could fully AND cheaply (!) heal a large number of rare "Orphan diseases", that are currently too unprofitable for big Pharma R&D. www.nytimes.com/2025/05/15/h...

Kronik: Forskningen har ikke brug for endnu mere styring og målretning. Kimen til #dkforsk s fortsatte succes er den fri grundforskning, og den er i forvejen trængt. En ny national forskningsstrategi bør styrke fri grundforskning👉 bit.ly/4554flZ /kronik af Lasse Horne Kjældgaard & Majken Schultz

I can study all my life: Denmark pays students $1,000 a month to go to universities, with no tuition fees

For years, SEOs have been feeding Google with entirely useless FAQ structured data to gain some extra visibility (carrot), only to learn that now anything that is a question can be answered with an AI experience. Thanks for teaching our LLM! Sincerely, Google.

🚨 We're hiring (again)! @sdueconhist.bsky.social is looking for both a Predoc and a Postdoc (3-yr fixed-term AP) to join our growing team. Predoc: 👉 Apply by May 16 here: bit.ly/hedg-predoc Postdoc / Assistant Professor 👉 Apply for by May 22 here: bit.ly/hedg-ap #EconSky #EconRA

Open source LLMs are the future

Nach nur 1 Monat kassiert #NorthernData seine Prognose vom 28. März 2025 und halbiert die Umsatz- und adj. EBITDA Prognose wieder. Kann natürlich mal passieren, dass man das in der Nacht zum 1. Mai anpassen muss. Prognosen über die Zukunft sind ja schwer. Nette Anzeige im Screenshot immerhin...

Ich sag ja immer: Man braucht Top Unternehmer um eine Volkswirtschaft wieder richtig in Schwung zu bringen. q.e.d.

The blackout was caused by a “very strong oscillation in the electrical network” that led Spain’s power system to “disconnect from the European system, and the collapse of the Iberian electricity network at 12:38,” said Eduardo Prieto. www.politico.eu/article/huge...

Spain, Portugal and parts of France have all been subject to a electricity blackout today. What do you think caused it? #España #Portugal #France

We are looking forward to host @samfriedman.bsky.social at CBS on June 2nd, to talk about his new book with @aaronreeves.bsky.social, "Born to Rule". (all thanks to @chellersgaard.bsky.social of course)

Interessant, wie das Handelsblatt einen Artikel mit faktisch falscher Headline ohne Hinweis auf eine aktualisierte Variante und URL weiterleitet. Tesla schrumpft zwar, aber macht ganz sicher keine "Rote Zahlen", worunter man landläufig Verluste verstehen würde. www.handelsblatt.com/unternehmen/...

Meta trying to frame EU fine as "tariff", so that Trump can back Zuck and make legit EU regulation a bargaining in trade wars.

One Hertha’s oldest and certainly most inspiring fans passed away yesterday, shortly before his 101 birthday. Walter Frankenstein fell in love with Hertha in 1936 and survived the Holocaust in Berlin hiding from the Nazis. May his memory be a blessing. Never again. www.herthabsc.com/de/nachricht...

Repost the good news whenever you can find them

Nobody knew... Can't wait for Trump 3.0

Breaking news: The European Commission is issuing burner phones and basic laptops to some US-bound staff to avoid the risk of espionage — a measure traditionally reserved for trips to China www.ft.com/content/20d0...

Der Börsencrash nach Ankündigung der US-Zölle hat auch die Techfirmen erwischt. Aktienexperte Philipp Klöckner spricht im Podcast über die Hintergründe. Er analysiert die unterschiedlichen Perspektiven – und erklärt, was er Anlegern jetzt rät.

I agree with Charles Kenny that DFIs should leverage their balance sheets better, but not that they should be cash cows for aid programs. DFIs should use their profits to grow their business and take more risk, not pay dividends.

Germany is back on track, lyder det fra den konservative Friedrich Merz, der i går kunne præsentere Tysklands nye koalitionsregering. Tak til Lykke Friis, Birgit Stöber og Astrid Berg for en god samtale om koalitionskontrakten i dagens Deadline: Kan Merz lede Europa? | DRTV lnkd.in/dZ6RVaz3

"International students increase schools’ funding via tuition payments, which leads to increased in-state enrollment and lower tuition prices." Link to working paper below

So PLEASE: Do NOT spread the misinformation that LLMs are responsible for these tariffs. They are really human-designed.

What is more, you need to prompt ChatGPT-o3-mini to use trade deficits to come up with the formula that was used and even then it warns you about the problems with this approach: that it contradicts standard market-power based logic and that it ignores supply chains and retaliation..

Erza Klein claims in his interview of Paul Krugman that LLMs came up with the 57% tariff on Chinese imports. Not really. When prompted ChatGPT-4.5 proposes a tariff of 20.5%, ChatGPT-o3-mini 13.3% and Claude-3.7 a tariff of 40%... NONE use bilateral trade in their math.

According to @pip.net when asking chatgpt how to balance the US trade deficit the results are nearly exactly the traid numbers that GOP gov came up with. 😂 The first government by AI?

Hey @WhiteHouse tariff genius! Ever considered who might ACTUALLY tamper with your trade deficit? Maybe the US would see more of that revenue flow back if #BigTech wouldn't funnel it through a hand full of tax havens? Here's a link, so you don't need to ask @chatGPT: chatgpt.com/share/67ef95...

Quarterly Journal of Economics, 1930 @qjeharvard.bsky.social www.jstor.org/stable/1882526

Registration is now open for #AOM2025! Join us in Copenhagen from 25-29 July ➡️ aom.link/3DmJJSD 📅 3,000+ sessions to explore 🏢 Connect with peers in a unified space 🚇 A metro-connected experience 👥 10,000+ attendees from around the world! Take advantage of early registration rates until 29 April!

Current shadow pricing is about €200/t CO2, but true social costs of carbon is probably double or quadruple of this. Also note that global warming impact of aviation is about 2-3 times higher than that by CO2 emissions alone. €600/t CO2 (kerosine) is hence a conservative upper estimate.

Das Klima in Deutschland hat sich bereits um 2,5 °C erwärmt. Der Deutsche Wetterdienst verwendet endlich ein vernünftiges, seit Jahrzehnten etabliertes Verfahren der Kurvenglättung. www.zeit.de/2025/14/klim... Ich habe das seit Jahren immer wieder gefordert: scilogs.spektrum.de/klimalounge/...

I mean, this is objectively a hilarious way to calculate “reciprocal” tariffs

It turns out state capacity matters and if you don’t have it/use it, you’ll end up with 5th grade math running the global economy!

I was curious about the history of April Fools' Day, so I did a deep dive for my stackable sub. It all goes back to the Holy Roman Empire, Emperor Constantine, and a court jester. open.substack.com/pub/mariakon...

📄 A new paper reveals how the US animal #agriculture industry fought against campaigns promoting individual dietary shifts — like Meatless Monday 🥦 and Beyond Beef 🌱 This just underscores that Big Industry hates high-impact individual #climate action 🔥🌍 www.tandfonline.com/doi/full/10....

I’ve written a piece on the importance of impact investors working in context, published this week in SSIR. Have a look and let me know what you think.

well what do you know www.nbcnews.com/politics/nat...

🚨New paper alert!🚨 Women are less likely to enter competitions than men—even when equally qualified. But telling them this can change behavior. 📈 In a field experiment on a job application platform, we found that highlighting this gender gap increased the # of job apps women submitted by ~20%.

This new paper highlights a major issue in measuring and predicting individual #carbon footprints: Many studies use the same factors to calculate and explain CFPs, leading to tautological conclusions. This overlap risks misleading conclusions about the real drivers. link.springer.com/article/10.1...

Completely agreed, anyone interested in using AI in decision-making can learn a ton from this excellent reading list. I particularly like the papers on "AI & medical decision-making", an area for which "evidence-based" decisions have been the rage for over 3 decades..

> We are writing to encourage our international students and scholars on temporary visas and U.S. permanent residents (green card holders) to consider postponing or delaying international travel, whether personal, academic, or professional, until additional guidance is available. Well that's... Sth

A fun AI demo. Spent five hours coding this - let's file expense reports in literally one minute, incl. cover spreadsheet, signing, converting currencies, ripping info out of underlying receipts, and reordering all receipts in one big pdf in the order the finance office likes it.