Associate Marshallian Spillover Coordinator

@stevenlandgraf.com

Econ prof, views 100% my own. "Go back to your command, and try to think what we are going to do ourselves, instead of what Lee is going to do." www.stevenlandgraf.com

Can't vouch for the validity of the $375; the article doesn't detail the methods nor link to the study (what counts as "AI" is critical unknown assumption, for exampe). Nonetheless, this mention of Office 365 exemplifies a classic concern about market power distorting resource allocation. 🧵 1/7

Adding AI features in business applications also affects the price of software. For example, Microsoft raised personal Office 365 prices by 43% in February (30% for a family plan) after keeping them steady for a decade. The new feature: Copilot, Microsoft’s new AI tool.
More Perfect Union@moreperfectunion.bsky.social · last wk.

AI is making everyone's life more expensive, according to CNN. "Households must spend just over $375 more to purchase the same goods and services as they did this time last year due to AI’s inflationary impact,” Mark Zandi, chief economist at Moody’s Analytics, says. www.cnn.com/2026/07/28/e...

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

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There is no reason for the President to have any tariff powers after this and something I believe Dems and libertarian think tanks can unite to pursue as a long term project is utterly denuding the presidency of tariff powers

Bloomberg News@bloomberg.com · 2w ago

Brazil’s government unveiled a relief package worth 18.5 billion reais ($3.7 billion) in credit for exporters hit by new US tariffs, as President Luiz Inácio Lula da Silva seeks to shield key sectors from damage ahead of October elections

We have ourselves a classic cartel that ticks many of the textbook characteristics: ✅ Commodified good ✅ Few firms ✅ Coordinated through a trade association With a twist that modern theory is increasingly appreciating: ✅ Used exogenous price shocks to mask their cartel price increases #EconSky

The Wall Street Journal@wsj.com · 2w ago

Ten chemical groups and three trade bodies operated a cartel to raise prices following the Covid-19 pandemic and Russia’s invasion of Ukraine, the commission said it provisionally found. www.wsj.com/business/ret...

Inside Higher Ed covered it on Thursday when the regime announced they would publish the final rule on Friday, and I thought their reporting was good (although there are still some giant unanswered questions about matters for undergrad students). www.insidehighered.com/news/governm...

Trump Administration Finalizes Limits on Student Visas

International students previously could stay as long as their program lasted. The Trump administration is ending that 1978 policy.

insidehighered.com

In a similar way, this is one of the most valuable aspects of Costco to me. You can search through 50 options elsewhere or just rely on Costco's solid reputation for pre-selecting 1 or 2 high-quality options they'll stand behind with their return policy.

Jay Willis@jaywillis.net · 4w ago

You guys are never gonna believe this, but going to a brick-and-mortar running store and getting sized by employees who know what they're doing and can recommend brands and models for you is a WAY better strategy than Googling "Nike running shoes" and buying whatever's on sale