Not to toot my own horn, but I've acquired an absolute S-tier dad hat
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
The ghost of my dead plant watching me go to Lowe's gardening section
Another rosy day flying American Airlines at O'Hare
This morning my “The Monopoly Problem” substack posted about a promising new appellate decision on anticompetitive algorithmic pricing. The decision creates a conflict in the federal circuit courts, which may motivate the Supreme Court to review it. substack.com/home/post/p-...
A Promising Decision on Algorithmic Price Fixing
And a Circuit Split; Is Supreme Court Review Likely?
substack.com
Jennifer Roback, Wages, Rents, and the Quality of Life, 90 J. Pol. Econ. 1257 (1982)
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
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
My paper is out today in PNAS documenting how ICE activity in Trump 2.0 compares to the last 10 years and the mismatch between the action and the rhetoric. Joint with the fabulous @caitlinpatler.bsky.social and @elizabethacox.bsky.social www.pnas.org/doi/10.1073/...
Whenever I visit my hometown area, I get that standard "things ain't the way they used to be" disappointing feeling, but about 95% of it is due to suburban sprawl.
I'm in the cheese aisle at Woodman's, invoking Zeus's Law
And honestly I'm not convinced that the movie agrees with Odysseus that the old ways were all that great. Odysseus grapples with violating "Zeus's law" but we see that he used Zeus's law as an excuse to ransack villages and steal the Cyclops's cheese.
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
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
I tried to block this, and I ended up in the hospital for a week.
An account with this avatar was just blocked.
"I wonder if visiting Québec City would fix me." Literally has a boulangerie called "Baguette & Chocolat"
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
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
Congrats we just made it impossible to come here for a PhD www.bostonglobe.com/2026/07/16/m...
Trump administration limits student visas to four years, changing longstanding policy - The Boston Globe
The new rule, which also restricts the international students’ ability to transfer schools or change majors without approval in their first year, will go into effect in mid-September.
bostonglobe.com
I regret to inform you that JD Vance has gotten another thing wrong about economics (and economists): www.cato.org/blog/jd-vanc...
Paul Verhoeven's Scarlett Letter, set in the Starship Troopers universe
Chris Nolan has just made The Odyssey, but what other classical works should be made into films, and who should direct them? Greta Gerwig’s Antigone The Coen Brothers’ Metamorphoses Alfonso Cuarón’s Iliad
"We can not have free government without elections; and if the rebellion could force us to forego, or postpone a national election it might fairly claim to have already conquered and ruined us."--Abraham Lincoln (1864) www.nps.gov/liho/learn/h...
Lincoln on the 1864 Election - Lincoln Home National Historic Site (U.S. National Park Service)
nps.gov
Ingesting something labeled "viral" is not really appealing to me.
I WAS TOLD WE'D CRUISE THE STRAIT FOR IRANIAN TOLLS, WE'D FIRE NO GUNS, SHED NO TEARS! NOW I'M A BROKEN MAN ON A FIFTH FLEET PIER, THE LAST OF HEGSETH'S PRIVATEERS!
The President just announced a 20% toll on all cargo shipped through Hormuz, payable...to the US>
To be a historian is to speak ill of the dead and the rest of you should take more history classes and join us.
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.
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
CHOTINER: "So you identify yourself as an economist, advocating for ways in which society can become more economically efficient." ME: "That's right, trying to best utilize our resources." CHOTINER: "But a look at your personal work habits suggests--" ME: "Hold on."