Profile avatar
bengolub.bsky.social
economics and computer science professor at Northwestern bengolub.net social and economic networks originally from Ukraine
1,011 posts 14,938 followers 1,141 following
Regular Contributor
Active Commenter

Congratulations, @s-stantcheva.bsky.social !!!

Star Wars As A Service

In September 2021, Texas banned nearly all abortions. A JAMA Pediatrics study found that, between 2021 and 2022, infant deaths in Texas surged 12.9%, compared with a much smaller increase in the rest of the US of 1.8%. Infant mortality rates rose 8.3%. www.cnn.com/2024/06/24/h...

Really enjoying the Network Science in Economics Conference at Stanford. Spoke about network experiments, including regarding manipulating social contagion and social connection. Hanging with @jacksonmatthewo.bsky.social and Mark Granovetter. :-)

"She's a supermodel but she lives in Canada."

The problem with most machine-based random number generators is that they’re not TRULY random, so if you need genuine randomness it is sometimes necessary to link your code to an external random process like a physical noise source or the current rate of US tariffs on a given country.

I don't think people realize that in important respects tariffs are now higher & more inflationary than what was announced on last Wednesday. Since then we've gone from 54% to 125% on China, our 3rd largest trading partner. That outweighs delaying the increases on 70+ others.

Doob in distress

Macroeconomics is the natural predator of foolish regimes.

supply network volatility (caused by Trump tariff) tipping into sharp increases in US costs of borrowing more signs pointing to a broad crisis

The zero-sum mindset seems more and more relevant in the current environment. Thank you @harvardmagazine.bsky.social for the video where I explain our research on why zero-sum thinking is so important and where it comes from. www.youtube.com/watch?v=e16o...

I've been posting about shutdowns and rippling "severe" supply chain effects theoretically -- here's a more practical view which is in line with that.

Google searches for "filing for unemployment": 1/ This thread is inspired by the great @aaronsojourner.org , who is a pioneer (along with @paulgp.com and Elizabeth Pancotti) in nowcasting unemployment insurance claims using Google Trends data.

This is a cry of help to Congress "Save us, because he won't reverse course"

If you'd like to teach about the new economics of supply networks and their fragility this spring (see thread below for an application), here's a short list of broadly accessible resources you might find useful.

interesting bug @support.bsky.team - i keep trying to delete this post, but am unable bsky.app/profile/beng...

The main effect of tariff insanity: Uncertainty poisoning supply networks, degrading a lot of relationships at once. That scar tissue will linger for a long time. 1/

Good question - what focal point, out of many many candidates, ignites coordination? 👇 Altogether different from building the movement slowly, and using the movement itself as coordination device. (With reciprocal preferences: you join when you see that others join.)

This enormous market crash can be a focal point (also known as a Schelling point) for opposition Trump's chaos and lawlessness broadly. Would be great not to waste it.

was just thinking that it's weird that the undergrads I teach have no memory of the most recent financial crisis. No longer a problem.

to save the Republic, a path - what do we think? Democrats nominate 2026 House candidates in red and purple districts as center-right as they can realistically run (with zero ties to unpopular D cultural issues) make it is easy to have a purple wave on a single-issue election: end Trump chaos

This is what happens when you ask me to indulge your false equivalencies about the Trump tariffs.