fmontag.bsky.social - Profile | ThreadSky | a Reddit-style client for Bluesky

Worth a read. DOGE not really interested in efficiency. #EconSky

submitted 12 hours ago • 3 comments

The EU’s Clean Industrial Deal is out. While the communication is mostly a grab bag of announcements for future legislative proposals, it still marks a real shift in how the EU approaches industrial policy—and, for the most part, a positive one. Three key takeaways: ec.europa.eu/commission/p...

submitted 22 hours ago • 1 comment

NY Fed: US imports from China have decreased by much less than has been reported in official statistics. As a result, the recent tariff hike could have a larger impact on the US economy than suggested by official data on the China import share libertystreeteconomics.newyorkfed.org/2025/02/u-s-...

submitted 21 hours ago • 1 comment

NEW: Trump signs another executive order, this one directing Commerce to investigate whether foreign production of copper and imports are a threat to US national security under Section 232. It could result in tariffs. by Ana Swanson & Shawn McCreesh www.nytimes.com/2025/02/25/u...

submitted 1 day ago • 0 comments

I don't even know what to say. So much vital, lifesaving research has come from this data.

submitted 4 days ago • 1 comment

Shutting down already installed infrastructure isn't "efficiency," it's sabotage electrek.co/2025/02/21/t...

submitted 5 days ago • 19 comments

same here. quite frustrating. taking bets of whether they will arrive before or after a new government is formed.

submitted 5 days ago • 1 comment

People are paying a lot more attention to US government procurement data. The raw entries you get from usaspending.gov [or "FPDS"] are not very accurate. They are often off by an order of magnitude. Here's a procedure to get a better measure. alexandermackay.org/files/Append...

submitted 5 days ago • 1 comment

The FTC is launching a public comment period on censorship by tech platforms. The request for information solicits comments from users who have been “banned, shadow banned, demonetized, or otherwise censored.” 1/ www.ftc.gov/news-events/...

submitted 6 days ago • 8 comments

BlueSky thematically grouping @soumayakeynes.ft.com joke on uncancelability of subscriptions with new @aeajournals.bsky.social paper studying remedies when consumers struggle to cancel subscriptions. Who says BSky has no algo?

submitted 7 days ago • 0 comments

"Germany’s #rail problems have become so bad that Deutsche Bahn’s intercity service is less punctual than even the worst operator in Britain." There were lots of people doubting on here that Germany's trains are worse. Voilà, FT has done the numbers. www.ft.com/content/d3b6...

submitted 7 days ago • 9 comments

It seems almost unavoidable at this point that we are headed for a deep, deep recession. Just based on 200K+ federal firings & pullback of contracts, the March employment report (to be released April 4) seems certain to show bigger job losses than any month ever outside of a few in 2008-9 and 2020.

submitted 8 days ago • 1055 comments

Some groups are working to archive and save government websites and data right now. Among them: WayBack Machine (my screengrab below is from) End of Term Crawl Harvard Law Library Innovation Lab ICPSR 19th News PolicyMap Public Environmental Data Partners Environmental Data & Governance Initiative

submitted 10 days ago • 14 comments

Reciprocal trade replaces trade based on comparative advantage — in that case, why trade at all? Great explainer on the usefulness of reciprocal tariffs by @douglasirwin.bsky.social wsj.com/opinion/reci...

submitted 13 days ago • 0 comments

Excellent piece form the excellent @douglasirwin.bsky.social . (Also, along the way, makes the important point that VATs are not discriminatory taxes.) “Reciprocal” Tariffs Make No Sense wsj.com/opinion/reci...

submitted 13 days ago • 1 comment

A pair of Bluesky users filed a lawsuit against the NFL for not letting its teams create individual accounts on the platform due to its partnership with X/Twitter. frontofficesports.com/fans-sue-nfl...

submitted 14 days ago • 7 comments

Tariffs on intermediate inputs have downstream repercussions

submitted 13 days ago • 0 comments

Guess who’s back…

submitted 15 days ago • 1 comment

Die Geister, die ich rief.

submitted 19 days ago • 1 comment

Why are tech people talking about the idea that as something (compute) gets more efficient/cheaper people will use more of it as a paradox? Is it just that “jevons paradox” is sexier than “downward sloping demand curve”? www.npr.org/sections/pla...

submitted 22 days ago • 11 comments

New NBER paper out with awesome trade shock team (Autor, Dorn, Hanson, Setzler): www.nber.org/papers/w33424

submitted 24 days ago • 3 comments

The new OpenAI model announced today is quite wild. It is essentially Google's Deep Research idea with multistep reasoning, web search, and the o3 model underneath (as far as I know). It sometimes takes a half hour to answer. Let me show you an example. 1/x

submitted 24 days ago • 8 comments

If there is any doubt that tariffs are passed through to consumers, the cost of propane to heat my house just went up by the amount of the tariff

submitted 24 days ago • 203 comments

Modern supply chains don't look like trade theory 101! They involve constant border crossings, each now hit by tariffs. Tariffs raise prices, but the more important thing they do is disrupt supply relationships. 1/

submitted 24 days ago • 37 comments

🚨 New data alert! Curious about how people really understand inflation—its causes, impacts & what governments should do about it? 📊 You can dive into the data from our project "People's understanding of inflation" here: socialeconomicslab.org/research/pub... Excited to see new analyses!

submitted 30 days ago • 0 comments

Some media characterizing Trump's exec order to end birthright citizenship as being about children born to undocumented immigrants That understates how extreme this EO is. It also denies citizenship to kids born of immigrants here legally, but without green cards (on H1Bs, student visas, etc.)

submitted 36 days ago • 37 comments

New paper with @adam-n-smith.bsky.social papers.ssrn.com/sol3/papers.... Our paper develops a new approach for estimating demand nonparametrically while imposing economic constraints and comes with a new package, NPDemand.jl! Some things we do in the paper 1/

submitted 40 days ago • 3 comments

Pls share: Davide Cantoni and me are looking for pre-doc research assistants to work on projects in international economics and econ history! For details, see: bit.ly/4gSNIVh

submitted 43 days ago • 0 comments

DOJ sues KKR for serial violations of federal premerger review law “KKR’s rinse-and-repeat failures to provide complete and accurate information about its mergers and acquisitions were systemic [and] obscured the market impact of its deals and serial acquisitions.” www.justice.gov/opa/pr/justi...

submitted 43 days ago • 0 comments

Sounds familiar? After Haier (foreign entrant) withdrew its bid for Maytag, which was unpopular out of a concern for US jobs, Whirlpool (domestic rival) bought Maytag. Result: fewer domestic jobs lost, but at great harm to consumers. Link to paper: www.chicagobooth.edu/-/media/rese...

submitted 43 days ago • 1 comment

After Pres Biden prohibited the acquisition if US Steel by the foreign entrant Nippon Steel on nat sec grounds (read: to protect domestic jobs), Cleveland-Cliffs, a domestic rival is preparing a bid for US Steel. www.pbs.org/newshour/amp...

submitted 43 days ago • 0 comments

This holiday week the Port of LA will handle ~129k inbound containers, a 73% increase from the comparable week a year ago, as companies try to beat Trump’s tariffs on Chinese goods and a strike that threatens to shut trade gateways on the eastern half of the country www.bloomberg.com/news/newslet...

submitted 58 days ago • 7 comments

So… from someone who actually took the time to read the AFD’s election manifesto… AFD in its foreign policy choices is anti-American. Wants to put Nordstream II to use. Wants to join the Chinese belt-and-road initiative. #justsaying

submitted 69 days ago • 83 comments

👀 A 10 page paper caused a recent panic because of a math error. I was curious if AI would spot the error by just prompting: “carefully check the math in this paper” especially as the info is not in training data. o1 gets it in one shot. This feels like a big capability gain for scientific work

submitted 73 days ago • 17 comments

👇 Students will be using AI (heavily) whether you like it or not. The challenge for us as educators is to incorporate AI responsibly into our classroom to facilitate learning. We can have a debate on what method is best, but the response "AI is bad, don't use it" doesn't engage with reality.

submitted 73 days ago • 18 comments