Paul Krugman

Lots of people suddenly writing about dismal US life expectancy. Glad to see focus on the geography, as in this good piece by Jeremy Ney 1/

This is a very good summary of where the labor market seems to be. On every measure except JOLTS job offerings, it basically looks just like the market on the eve of the pandemic. 1/

This is very interesting and reminds me to post something about an issue that's been on my mind: parallels between shelter and wage inflation 1/

This is a very good article about US traffic deaths, which are now far above comparable nations. But it doesn't mention huge variation among US states 1/

A very helpful article. Bottom line: the subway used to be extremely safe. Now it's only very safe

A really good essay.

This is a really informative, well-reported article. But I wonder about the framing. Is the problem really that coastal Florida real estate will become unaffordable, or is it that people shouldn't be building there at all? 1/

Finally, rent. Excellent new paper from the BLS shows that the CPI rent index lags a full year behind rents paid by new tenants, which means that core inflation likely to stay high bc of big rent rises in the past 8/

Anyway, a richly deserved prize. As usual, a number of other people besides Bernanke deserved to share. (Would I say that about my own? Yes!) But this is a prize for work that really did contribute in an important way to understanding 15/

Interesting stuff, but also odd to read it spelled out so explicitly. Obv not my field, but 20th-century war was full of elaborate efforts to conceal the planned direction of attack 1/

Obligatory self-promotion: I invented currency crises in 1979 — not the thing itself, but the academic literature. Business has been good ever since. Also, an excellent article.

Good article. "stablecoins start with a convoluted and inefficient base technology in order to avoid intermediaries, and then add intermediaries (often with apparent conflicts of interest) back in." But doesn't the argument apply to crypto in general?