ECONOMY

Sunday assorted links

1. Why AI can simulate but not instantiate consciousness. 2. Why you should start a company instead of working in

ECONOMY

Thomas Gresham is underrated – Marginal REVOLUTION

While northern professions in 1600 did not require lengthy training in mathematics or science, there was popular interest in these

ECONOMY

Zimbabwe facts of the day

Zimbabwe, often considered an economic basket-case because of its history of farm seizures and hyperinflation, is enjoying an idiosyncratic boom.

ECONOMY

That was then, this is now

From 1857: The Persians were great sticklers for ceremony, it turned out, and now that the treaty was ratified, they

ECONOMY

The WEO Wartime Economic Outlook

Out today; first, the IMF’s reference scenario: This is the reference scenario, invoking a short war. Here are revisions preconflict,

ECONOMY

Financial Regulation and AI: A Faustian Bargain?

Important work is just flowing these days, and much of it (of course) concerns AI: We study whether AI methods

ECONOMY

Greg Mankiw’s Blog: Thank you, AEA

About Me Name: Greg Mankiw Location: United States I am the Robert M. Beren Professor of Economics at Harvard University.

ECONOMY

Trump Credibility Measured | Econbrowser

From TruthSocial, 5AM ET:   Kalshi betting odds on number of ships through Strait of Hormuz through April 5: Source:

ECONOMY

Nowcast, Tracking of Private Domestic Final Demand (aka “core GDP”)

From Atlanta Fed and Goldman Sachs, today: Figure 1: Final sales to private domestic purchasers (bold black), 2023-24 stochastic trend

ECONOMY

113 Years of the Real Oil Price (WTI)

Tyler Godspeed (former acting CEA Chair Trump 1.0; chief economist ExxonMobil) observes that shocks as determinants of recessions means they