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steveberry.bsky.social
Empirical study of firms and markets, including models used for policy analysis. Yale Econ, Cowles, and faculty director of the Tobin Center.
5 posts 1,588 followers 840 following
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Paper🧵! We.... 1) develop a framework for identification w/ multiple treatments in a judge IV design 2) find that felony conviction (without incarceration) increases recidivism relative to dismissal with @johneric.bsky.social Aurelie Ouss @winnievd.bsky.social and Kamelia Stavreva 1/

I got laid off today, with the rest of 18F. 18F was an elite federal software shop. We made gov't websites work better, more efficiently for the American people. We saved taxpayers from getting screwed over by contractors. And were fired for it. We made this website to tell our story: 18f.org

With new bills aimed at reforming the Jones Act, its economic impact is back in the spotlight. The truth? The Jones Act does more harm than good—raising prices and hurting American businesses. It’s time to rethink this outdated law.

Correct. Meeting the US government’s 2050 “sustainable” aviation fuel target using corn ethanol would require ***120%*** of the amount of US land that currently grows corn for all purposes (food, feed, fuel). (In other words, more than doubling the amount of US farmland under corn.)

THIS IS HUGE! A cancer vaccine developed by Yale University and DFCI shows MAJOR promise. Results of an early-phase trial reveal ALL patients with ADVANCED stage kidney cancer had successful anti-cancer immune responses AND have remained CANCER-FREE approximately THREE years after treatment. 🧪🧵⬇️

Dean Karlan's job at USAID was LITERALLY to improve the efficiency of its programs. DOGE is clearly not actually after cutting fraud and waste. And its actions will clearly make the US weaker while also making the world a worse place. www.npr.org/sections/goa...

Jason Abaluck and I are organizing the Cowles Labor and Public Economics Conference at Yale, June 2-3. Submit your papers by March 24: cowles.yale.edu/conferences/... @jabaluck.bsky.social

There are so many reasons university endowments can't make up for the dramatic cuts the Trump administration has planned for science. Here are a few. Thanks to @donmoyn.bsky.social for the platform.

đź‘‹ Hello BlueSky! đź‘‹ Yale Economic Growth Center & @yaleeconomics.bsky.social launch our accounts today. We join #EconSky #GlobalDev community @cgdev.org @theigc.bsky.social @j-pal.bsky.social @princetondevo.bsky.social @voxdev.bsky.social @worldresources.bsky.social & others to come. egc.yale.edu

The NAEP 2024 -2025 Long Term Trend Age 17 assessment will not be administered in the upcoming weeks Unbroken testing series since early 1970s Nothing like ignorance to keep our country moving forward

Investing in school HVAC systems is very good —>

Powerful statement from the Data Foundation. “"These abrupt changes to data and evaluation systems across government take away the very tools we need to understand program effectiveness and ensure public dollars are well spent," datafoundation.org/news/press-r...

I lost my job at the National Science Foundation yesterday, along with 167 of my colleagues, including some dear friends. This was the best job I've ever had, and I thought it would be my last. The PI community has been sympathetic and supportive, without exception. I will miss working for you.

Phillip Strack celebrated in the Journal of Economic Perspectives. #Econsky marketdesigner.blogspot.com/2025/02/phil...

First Cows, Now Cats. Is Bird Flu Coming for Humans Next? www.wsj.com/health/bird-...

🛟 That last-ditch chemo trial your family member was hoping to be in 🥙 The investigation of a food-borne illness outbreak in the next town over 🧠The study looking for preventable causes of Alzheimer’s 🧪The assurance that TAXPAYER-PAID-FOR studies & data collection see the light of day

This year's Econ job market has, by all accounts, been brutal. If you're still not sure what you're doing next year, applying for external funding to continue your work is a great way to buy yourself time & options. It's a way to "build your own post-doc." Check out AV's open RFPs!

The US federal government is—today—firing thousands of scientists. The short-term impact will be terrible; the long-term impact will be devastating.

I moved across the country, uprooting my family, for the promise of a stable future and the chance to serve the country and make weather forecasts better. I don’t even know what else to say.

The CFPB has shifted banks away from fees, reduced the burden of medical debt, and stopped countless financial scams My piece on why the CFPB has been a major force for good and why Trump’s attempt to dismantle it is bad policy and could provoke a backlash nealemahoney.substack.com/p/the-folly-...

Science FTW

Turns out that centuries of economic thought are correct: increasing the supply of a good will, all things being equal, lower the price of the good. Weird that people talk themselves out of this obvious insight when it comes to housing.

At a time when science is being pummeled it seems critical to heed Chuck Manski's urging if we hope to rebuild trust in and support for scientific work— "if scientists want people to trust what we say we know, we should be up front about what we don’t know." www.cambridge.org/core/journal...

I can’t believe it - after years of advocacy, exclusionary zoning has ended in Cambridge. We just passed the single most comprehensive rezoning in the US—legalizing multifamily housing up to 6 stories citywide in a Paris style Here’s the details 🧵

Hearing from a govt contractor that Dept of Education is terminating What Works Clearinghouse (WWC) contracts. WWC is a website that rigorously evaluates education policies, programs, and products to determine what's effective and not. It's an invaluable tool for school, district, state leaders

I have a new piece in @ForeignAffairs titled, "The Post-Neoliberal Delusion and the Tragedy of Bidenomics". They were generous about giving me a lot of words but were less generous with charts--so this long thread partially rectifies that. (And links to the piece at the end.)

Pro tip: when explaining the NIH cuts to friends and family, use "research infrastructure" rather than "indirect costs" or, godforbid, "overhead." DOGE just slashed the budget for research infrastructure. It's accurate and it drives home that the fight is over jobs and facilities, not "waste."

Hard to come up with a better example of one whose research made this world better. When you ride a bike over what used to be a parking lane, when your kids play without fear of being killed by a motorist or when you breathe cleaner air in your city, give Donald Shoup a small silent thanks.

Gary Becker and James Heckman in 2012 on the case for federal government funding of basic research www.wsj.com/articles/SB1...

NIH cuts billions of dollars in biomedical funding, effective immediately. The move halts a large slice of money for most universities and research institutions virtually overnight, imperiling vital research in everything from cancer to heart disease. www.washingtonpost.com/health/2025/...

is it woke to want to end cancer?

AND IT’S ILLEGAL FOLKS: “None of the funds appropriated in this title may be used to modify or implement any change to the indirect cost rates applied to grants & contracts funded by the NIH w/o the prior approval of the Committees on Appropriations of the House of Representatives & the Senate.” 1/

New report: "The cost of clean power technologies such as wind, solar & battery technologies are expected to fall further by 2-11% in 2025, breaking last year’s record. ... new wind and solar farms are already undercutting new coal and gas plants on production cost in almost every market globally."

This isn't hype: My colleagues have created an amazing @epi.org Data Library that's super easy to use but very flexible. It covers wages, inequality, and economic trends across demographic groups and states, including fairly detailed subgroups. Brand new--here it is!! data.epi.org

I heard from someone at a major government contractor, whose job is providing nonpartisan policy analysis, that employees are now prohibited from sharing any policy-related content on social media channels. The order specifically includes the company's own *internal* communication channels.

This is a five-alarm fire if true. And if BLS specifically is in the cross-hairs markets should flip out

Conservative budget wonks (Manhattan Instiutte, Tax Foundation) confirming that this is a consittutional crisis. Not liberal hysteria. Happening right now.

www.nytimes.com/2025/02/02/o...

Hard to argue with the WSJ editorial page.

reject McKinley, embrace George

This is not a good sign www.npr.org/2025/01/30/n...

The Southern Environmental Law Center attorney quoted in this article is correct. Burning trees for power *increases* CO2 in the atmosphere for *decades* relative to burning fossil fuels. Cutting down trees in the US, shipping the wood to Europe, and burning it there accelerates climate change. 🧪

Americans are watching an inflation bait-and-switch wapo.st/3Ef4uzC