Extremely satisfying to make a simple, delicious, and straight-to-the-point cheese pizza.
Peter McCrory
@peter-mccrory.bsky.social
Staff economist / Labor Research at LinkedIn. Views are my own. Website: https://peter-mccrory.github.io/
Recent work by Stefanie Stantcheva confirms an old argument by Robert Shiller: people don't think of wage rises and price increases as part of a common process, they attribute wages to their own efforts and prices as an external imposition. No doubt linked to downward nominal wage rigidity
Alright here’s my first attempt at using #econsky for actual questions… I have seen the claim below in other places (eg ezra Klein). What econ research, if any, provides evidence for this claim? Not now, just the idea in general that attribution works differently for wage increases and inflation?
Four bluesky features I’d like to have (or discover they exist): (1) Bookmarking posts (2) Direct messages (3) Tagging people without the “.bsky.social” (4) Drafts
Hi #econsky! Joined here a while back but am back now to help with the equilibrium selection of this site vs others. A quick intro: