Ever wondered why electricity in the UK is so expensive? And how can renewables be both “nine times cheaper” than fossil fuel but still need subsidies to get built? Then you need to listen to this podcast!

The Institute for Fiscal Studies@theifs.bsky.social · 3mo ago

NEW PODCAST: Why is UK electricity so expensive? @helenmiller.bsky.social, @peterlevell.bsky.social & Dieter Helm discuss Britain’s energy mix, the costs of renewables, net zero targets, and how policy should respond to energy price shocks. 🎧 Listen here: ifs.org.uk/articles/why...

Another new paper on housebuilding and vacancy chains, this time with data on every Swiss resident & housing unit! An interesting context given Switzerland's high immigration, very large rented sector and strong tenancy rent controls... frederickluser.github.io/files/Moving...

If Jerome Powell has million fans, then I'm one of them. If Jerome Powell has one fan, then I'm THAT ONE. If Jerome Powell has no fans, that means I'm dead. If the world is against Jerome Powell I’m against the entire world

This does very much show how the Cambridge Green Belt has failed. It was designed to stop Cambridge becoming a major urban centre, it happened anyway and all that meant is that its major extensions have to be built about 10 miles away from the city.

@cambridgeppf.org@cambridgeppf.bsky.social · 8mo ago

Cambridge could see 50,000 new homes and 73,000 new jobs in the next 20 years. Growth is coming — but how we protect green spaces, heritage, and livability matters. Now’s the time to speak up 👇 https://cambridgeppf.org/the-future-of-greater-cambridge/

In a NEW JI WP Fergal Hanks @fhanksalot.bsky.social studies the temporary employment effects of shifts in labour demand across industries and the role of industry specific skills. #econtwitter #econsky Read the paper: www.janeway.econ.cam.ac.uk/publication/...

One of the biggest drivers of high housing costs is that a small, highly motivated group of incumbent homeowners block new housing in their neighborhoods and almost no one is organized to push back. Young people bear the brunt of that imbalance. Be a housing fan.

NEW JI WP: F. Bilbiie, F. Hanks & S. Lavender (Cambridge) study how consumption-hours complementarity makes HANK models deliver plausible fiscal multipliers while resolving two puzzles; it also proposes two functional forms for utility that feature arbitrary complementarity bit.ly/47qTXxx

New JI Video: Does shifting labour demand across industries cause aggregate unemployment? Fergal Hanks @econcam.bsky.social discusses how industry-specific skills + imperfect substitutability can raise unemployment by up to 0.5pp #econtwitter www.youtube.com/watch?v=Sp_G...

Unemployment Consequences of Labour Re-allocation over Industries – Fergal Hanks

YouTube video by Faculty of Economics, University of Cambridge

youtube.com

Get in loser we’re urbanizing California

Jordan Grimes@cafedujord.bsky.social · last yr.

BIG news: The California Democratic Party just endorsed @scottwiener.bsky.social’s landmark housing bill #SB79, which legalizes multifamily homes near major public transit statewide! This marks a major shift in state politics: California Dems are *finally* embracing a party that builds!

Great article in the FT today— shows exactly why @camyimby.bsky.social exists. Cambridge has world-class ideas. But can we make space for the people who build them? We desperately need infrastructure, housing, and labs in Cambridge to power growth and innovation in the UK on.ft.com/4hJOOT9

Can Cambridge be a model for kick-starting the British economy?

An ambitious plan aims to double the size of the city and make it a hub for growth and innovation. But will its infrastructure cope?

on.ft.com