ECONOMY

CBO, Biden Administration, IMF and Other Forecasts

CBO released its ten year outlook today (as did the IMF in the WEO January update). Continued but decelerating growth,

ECONOMY

*Open Socrates: The Case for a Philosophical Life*

That is the new Agnes Callard book, very good, self-recommending. I would say my views on some of these issues

ECONOMY

Canada’s missing entrepreneurs

From John Ruffalo. The post Canada’s missing entrepreneurs appeared first on Marginal REVOLUTION. Source link

ECONOMY

Congestion Tolls versus Congestion Pricing

New York’s new congestion fee appears to be reducing commuting times on key routes (see Tyler and this thread from

ECONOMY

Term Spreads in Advanced Economies One Year Ago, and Conditions Today

A year ago, Laurent Ferrara and I documented the explanatory power of the term spread for recessions across countries. Here’re

ECONOMY

How to Visit India for Normies

In the comments to my post, India has Too Few Tourists, many people worried about the food, the touts and

ECONOMY

Year End Disinversion: Bull or Bear Steepening?

With December 31 data, here’s the picture of term spreads:     Figure 1: 10yr-3mo Treasury spread (blue), 10yr-2yr Treasury

ECONOMY

“Revisiting the Relationship Between Debt and Long-Term Interest Rates”

From CBO, a working paper by Andre R. Neveu (FDIC) and Jeffrey Schafer (CBO) on the debt sensitivity of the

ECONOMY

Merry Christmas!

Wishing all our readers a wonderful day and New Year! The post Merry Christmas! appeared first on Marginal REVOLUTION. Source

ECONOMY

AI is Not Slowing Down, Except for Stop Lights

After 25.3 million fully autonomous miles a new study from Waymo and Swiss Re concludes: [T]he Waymo ADS significantly outperformed