The equilibrium impact of credit frictions: evidence from default risk using firm-level data By Timothy Besley, Peter John Lambert, Isabelle Michalski-Roland and John Van Reenen Read at: https://ow.ly/T8hh50ZuJta
Nathan Converse
@nathanecon.bsky.social
Economist living in DC. CEA alumn. Working on international macro and finance, capital flows to emerging markets. Dabble in applied econometrics. I go to shows and bike to work.
I was absolutely floored by this @economeager.bsky.social essay. Very few people even attempting this kind of thinking and writing these days, and even even fewer doing it this well
Rafe Meager (they/them)@economeager.bsky.social · 5d agoHappy friday! open.substack.com/pub/rottenan...
Higher immigration rates predicted higher labor productivity growth across OECD countries over the period 1990–2024, from Gaetano Basso, Mitali R. Mathur, and Giovanni Peri www.nber.org/papers/w35523
How often do NBER Summer Institute organizers put their own papers on the program? open.substack.com/pub/jasonmfl...
How often do NBER Summer Institute organizers put their own papers on the program?
Peter Hull asked, so...
open.substack.com
Gas stoves poison children. The GOP is a death cult. (specifically, Moloch worshippers)
James Downie@jamescdownie.bsky.social · last wk."Unlike many others forced to halt their research [due to Trump cuts], Sehgal and his co-authors released their study anyway...with a fraction of the intended sample size. Still, removing the gas stoves relieved the participants’ asthma so much that the results were clear even with only 85 of them."
More evidence that Ivy League athletics contribute to intergenerational class reproduction Not only is it a way to get your kid into an Ivy--it's also a way to get them their first job
James S. Murphy@jamessmurphy.bsky.social · last wk.Lets hear it for the meritocracy! If you think this is bad, don't forget that athletics is one of the three big reasons that the 1% is so overrepresented at elite institutions.
Is this a good time to mention that in college my History of Translation lecturer (Michael Cronin) told us that one of the first vernacular translations of The Illiad was into Irish, and the translator had to give the main characters dogs because in Gaelic society a free man had a dog
Shocking surprise: Nick Adams is a grifting fraud. www.propublica.org/article/trum...
This MAGA Influencer Runs a Charity to Teach Kids Civics. Much of the Money Goes to Him Instead.
Nick Adams’ Foundation for Liberty and American Greatness has brought in millions in donations and helped him land a State Department appointment, but records show there is almost no indication FLAG w...
propublica.org
How does subsidized childcare impact the long-run careers of mothers? Evidence from Quebec's universal childcare program shows an enduring and growing impact with higher earnings, from Michael Baker, Jonathan Gruber, and Kevin S. Milligan www.nber.org/papers/w35514
douthat no longer having an NYT podcast and jumping to a sinking ship is net positive for society. bye, ross.
but if i'm not allowed to feed artists into my artist killing machine it's going to be basically impossible for the machine to keep killing artists. is that what you want?? and before you answer keep in mind this is a very expensive machine
Assaf Razin, who passed away in July 2026, had a distinguished career that spanned more than five decades. Gene M. Grossman & Elhanan Helpman highlight his influential research on international trade, the welfare state, migration, fiscal policy, and more. cepr.org/voxeu/column... #EconSky
Topical
VoxEU @ CEPR@voxeu.org · 2w agoIn countries & states with career civil-service protections, the usual drag of populist governance largely vanishes. Without those institutional cushions, the economy takes a hit. What matters is that bureaucracy is professional & insulated. Massimo Morelli et al. cepr.org/voxeu/column... #EconSky
the whole "women's sports exist to protect women from men" framing is hilarious, given that a lot of these divisions were initially formed because men were deeply embarrassed any time a woman beat them at a sport olympic shooting was mixed gender right up until a woman won the gold
I was afraid this was going to happen…
The 51st@51st.news · 2w agoNEW: A year after WMATA reconfigured its entire bus network with the goal of improving service, ridership is down and buses are actually moving slower than they were before — frustrating both riders and Metro officials. @rachelweiner.bsky.social reports:
The fact that in America our kids must be professionally programmed each summer day instead of waking up and roving about with their pals is a tragic result of building the entire nation around cars. Cars have stolen American childhood. Wake up.
“Excessive speed is believed to be a contributing factor in the collision."
Godzilla Actress Kaylee Hottle’s Cause of Death Revealed
Kaylee Hottle’s cause of death was confirmed as multiple blunt force injuries after a July 21 car accident, authorities said.
people.com
Someone in DC set up a “little free blockbuster” with DVDs inside instead of books lol
Multiple analysts estimate that DC needs to build much more: 15,300 new homes just to adequately accommodate existing residents; 34,000 new homes to house people who want to move here today but can't; or *170,000* to get house prices down to a nationally reasonable level.
Greater Greater Washington@ggwash.org · 2w agoDC has been building far too little, for far too long, and the shortfall runs into the tens or even hundreds of thousands of homes.
the most realistic scene in Jurassic Park is when two scientists make a questionable decision — traveling to an undisclosed location with a strange man — on the promise of three years of modest funding
„I get it, the government was heading in the wrong direction and we need a fresh start. That’s why I’m leaving the Reform-pandering Home Secretary in her job”
I know people have kids that need to go to college or whatever, but damn this looks gross.
Brad Johnson@climatebrad.hillheat.com · 2w agoDante would have had a special circle for Congressional staffers who jump ship to a K Street "oversight and investigations practice" (specifically, the Eighth Bolgia, reserved for the Counselors of Fraud of the Malebolge, the Eighth Circle)
Dante would have had a special circle for Congressional staffers who jump ship to a K Street "oversight and investigations practice" (specifically, the Eighth Bolgia, reserved for the Counselors of Fraud of the Malebolge, the Eighth Circle)
Sometimes I think about how few places in the US have infrastructure designed to support car-free living - just some college campuses and a handful of city centers, basically - and what a disservice this is to people who can't safely drive, including everyone under 16 and many of our beloved elders.