Dana Goodyear’s home burned in the L.A. fires. In a new essay, she writes about the disaster and its aftermath. nyer.cm/VNSpo99

📢 #CallForPapers To honour the memory of Ghazala Azmat, the Economics Department of SciencesPo is creating an award in her name. Junior researchers can submit a paper in economics of discrimination, gender, education & organizational #economics. Submit by 31 August. cepr.org/events/ghaza... #EconSky

A clever new study "confirms that the country’s tax code is regressive, not progressive, at the very top," @annielowrey.bsky.social reports. American billionaires "pay lower tax rates than many middle-class professionals":

When I got tenure, I decided to use it start a new research agenda, studying US science in the 20th century, how it became dominant, what held it back, and what we can do better. Here's the first pub (with Scott Kim).

This is a low point for our country. Congress just passed a bill that shreds the safety net, fuels mass deportations, and gives $100K+ annual tax breaks to the ultra-rich—while adding nearly $4 trillion to the debt. My full statement: www.epi.org/press/epi-pr...

Congress is poised to pass one of the most destructive economic bills in generations. It will gut Medicaid, slash food aid for families, shutter rural hospitals—just to give tax breaks that will go overwhelmingly to the wealthy. It is a staggering upward redistribution of income. 1/

Fog nets turn Chile’s Atacama Desert into a salad bowl. In Chañaral, growers are using mesh 'fog catchers' to harvest up to 1,400 litres of water daily from coastal mist, enough to raise lettuce and lemon trees in the planet’s driest desert. buff.ly/gWc9srr #ShareGoodNewsToo

I feel seen

The New Global Economy: Trade Wars and De-dollarisation? Submissions deadline: 1 July 2025 Conference dates: 27-28 September 2025 Location: Cambridge UK

In a new @centreeuropeanref.bsky.social policy brief, @johnspringford.bsky.social‬ finds that many foreign workers needed for net zero will not meet the UK's new higher salary and skills thresholds for visas. Read here: buff.ly/E9eFpiH

Could not disagree more with this conclusion. One retailer’s transport emission is hardly a comprehensive measure of the climate effect of trade (or lack thereof).

We're hiring a postdoc in labor economics at IAB Nuremberg! Join @ineshelmecon.bsky.social, @jnimczik.bsky.social & me on a project about gig work. 🗓️ Start: 1 Oct 25 💶 Salary ≥ €5200/month
 🌱 Possibility to apply for tenure track program Apply here until 17 June: econjobmarket.org/positions/11...

💥Research Assistant Positions💥 1. Ingvild Almås, Timo Boppart, Thor Berger, Hannes Malmberg, and I are looking for a research assistant to work on a project which investigates Sweden's spectacular economic growth during the late 19th century using establishment-level data.

Javier Flórez (@pseud0safari.bsky.social), Mario Larch, Sebastien Bradley, and I are very happy share the update of the most disaggregated dataset of consistently constructed international and domestic trade flows -- GRANTPA. So, let’s estimate GRAVITY with GRANTPA. ideas.repec.org/p/drx/wpaper...

DOE cancels $3.7 billion in demonstration projects aimed at cutting emissions — a couple big carbon capture demos, but also cement, glass, iron, chemicals projects. Calpine and Exxon Mobil were hit, as were startups like Sublime and Brimstone. (Full list in story.) www.nytimes.com/2025/05/30/c...

Imagine a world where governments believed universities, research and innovation were central, even vital, for growth?

I had to read this several times as “prioritise growth” and “hit universities over the head” are so mutually contradictory

60% of American households can’t afford a minimal quality of life. Meanwhile, the 19 richest households saw their wealth increase by $1 trillion in 2024 — the biggest one-year increase ever. Our problem isn't a lack of resources. Our problem is ever-expanding inequality.

A long long time ago, in a far away galaxy... the US used to tax the rich

With the exception of the Department of Health and Social Care and the Home Office, departments already have smaller budgets than before austerity. Read more ⤵️ buff.ly/RTk1uYz

how bleak that following most elections now is going WOOOOOOO fascists only on 47%!!!!!!!

A must read

🚨🚨 Another lovely and welcome present from Donald #Trump: @ec.europa.eu invests 1,25 BILLION euro in researchers and invites them to choose #Europe for #science. Excellent decision by Commission. #europeforscience ec.europa.eu/commission/p...

Jonathan Portes is spot on: There’s one slight issue with Labour’s immigration plans: they’re completely untethered from reality. www.theguardian.com/commentisfre...

The programme for the third City-CMA competition workshop on 17-18 June is now out: The first day is dedicated to AI, technology and digital issues; the second to competition policy and economic growth. 1/2

🚨🚨So the terms of the UK-US Economic Partnership Deal has been disclosed. The only you need to know now is that it is actually NOT a A FREE TRADE AGREEMENT containing LEGALLY BINDING OBLIGATIONS.🧵 assets.publishing.service.gov.uk/media/681d32...

Make international economics great again!

New analysis reveals the Trump administration canceled $1.8 billion in NIH grants in just over a month-an unprecedented disruption to US scientific research. Of that, $544 million hadn’t even been spent yet. jamanetwork.com/journals/jam...

Data from #Norway show that lower profitability in the fossil energy sector due to falling oil prices led to reallocation of R&D resources within firms, triggering a shift towards clean #innovation. Esther Ann Bøler, Katinka Holtsmark, Karen Helene Ulltveit-Moe cepr.org/voxeu/column... #EconSky

This is incredible. Reminds me of this guy: www.washingtonpost.com/obituaries/2...

Parts of the administration's proposed foreign assistance budget that will put the US at risk, weaken it, or make it poorer include... 1. Ending support for UN peacekeeping operations --already underfunded, far from perfect, but remarkably successful given the messy geopolitics

Excellent piece from @chrisgiles.ft.com. It's notable how, as per Mark Carney's comments, Brexit has become the internationally recognized yardstick of national economic self-harm. It's not even contentious: the talking point is whether and to what extent it applies to what Trump is doing to the US.

I’m glad to see this article but it’s after 24 hours of unchallenged corporate guff dominating the news cycle. Tony Blair is a tech lobbyist who is literally writing naive, venal & dangerous policy for Starmer’s government. Call it out. www.theguardian.com/politics/202...

1/12 Tony Blair Institute have released a report which is getting a lot of coverage in UK today It says the drive for net zero emissions is flawed and some media outlets have gone to town However it’s a bit odd By odd, I mean there’s a lot of bollocks in it and shouldn't be taken seriously 🧵🧵

Real cool new NBER WP here by @mdoepke.bsky.social et al that suggests men view women’s workplace gains as zero sum www.nber.org/papers/w3372...

PhD Timeline xkcd.com/3081

Another report on how our high visa costs deter top R&D talent www.theguardian.com/science/2025...

Giulia Brancaccio and I are looking for a pre-doc to work with us on topics related to Industrial Organization and Trade @nyu.edu Ideally for two years starting in September apply.interfolio.com/165860 #EconSky #EconRA

This short memoir by Michelle White is worth a bit of everyone's time.

Come do a PhD with us at Imperial College London! Fully funded, deadline 30 April. #Econsky

How Tariffs Affect Trade Deficits... ... a new paper with amazing trade economist Arnaud Costinot. Many politicians and the general public expect tariffs to reduce imports lower imports and thus work to close a trade deficit. Economists typically say "not so fast"... 🧵1/n

I just want to tip my hat to the crack team of White House economists who were able to discover--in just a few short days--that the U.S. is dependent on China for smartphones, computers and semiconductors.

Perfect.

talked to someone at one of the top italian tailoring firms. they plan on moving manufacturing to the US. said that generations of italian tailoring skill and culture can probably be transported to boise, idaho. expect flawless transition by monday.

If it weren't for the tariffs, this would be one of the biggest stories right now.

If a facility emits CO₂ but no one measures it, does it cause global warming?