How leaders allocate their limited time and attention is an important question in economics. This paper constructs and analyzes a novel data set covering the daily calendars of three Federal Reserve Chairs, Ben Bernanke, Janet Yellen, and Jerome Powell, containing more than 20,000 calendar entries. We document several patterns. First, all Fed Chairs spend more […] The post How central bankers...
Topic
#Policy and ideas
Economics, markets and the arguments behind them.
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Minimum lot sizes, Boeing’s next 737 MAX, Fervo short sellers, Figure AI’s training data, and more.
No surprise to me but a new paper looks at the forecast accuracy of over one million prediction questions from Polymarket, Kalshi, Manifold and the forecasting platform Metaculus. A virtue of the new analysis is that it covers many different areas from business to elections to geo-politics. An event predicted to happen p% of the […] The post Prediction Markets Are Accurate appeared first on...
Here is their episode summary: Economist Tyler Cowen joins David Wolpe for a conversation about AI, religion, and what makes us human. Tyler makes the case that AI’s biggest impact may be on status: who gains it, who loses it, and what happens to experts like rabbis when anyone can ask ChatGPT all their questions. […] The post Podcast with Rabbi David Wolpe appeared first on Marginal REVOLUTION .
If you are teaching economics Modern Principles is the book to use! Great and original writing, over one hundred videos, iClicker, Achieve and lots of additional support. Contact Mike Krotine to get an examination copy. https://alextabarrok.com/video/modern-principles.mp4 The post Modern Principles of Economics! appeared first on Marginal REVOLUTION .
From GPU trading to physical settlement, independent markets, and programmable compute
Icon’s fundraising, employment in China’s solar industry, grid-scale battery reliability, Tesla’s flying roadster, and more.
A Co-Written Essay with Runway Co-CEO Anastasis Germanidis
Propane in air conditioners, Anduril making submarine parts, nuclear reactors on the moon, the robotic hand landscape, and more.
Rule of 40 Ain’t What It Used To Be; Atoms keep winning, but what about everyone else?; AI Has Come For Call Centers, After All?
A Senate permitting reform bill, the potential of Tesla’s Cybercab, the Navy’s $200 billion worth of shipyard renovations, returning a SR-71 to service, and more.
Federal Reserve Board announces it will extend, until November 4, the comment period on its proposal to modernize Regulation O
ASML’s lack of European sales, a California distributed power plant, Starlink as a planetary barometer, and more.
AirBnB’s housing accelerator, rising steel prices, a resurgence of US coal power, low-head dams, and more.
City permitting speeds, more efficient ground source heat pump drilling, an Amazon Air crash in Miami, cooling paint, and more.
The $11T AI Buildout, Nvidia’s Backstop Economics, and the Limits of Nvidia’s Balance Sheet
SpaceX’s turbine blade factory, Fervo’s deal with Google, Delhi’s cheap metro, why recycling is overrated, and more.
This is my third and final essay looking at the 21st Century ROAD to Housing Act, and how it’s likely to affect housing supply.
Sinking London homes, US magnesium manufacturing, the World Humanoid Robot games, catastrophic flooding in Nepal, and more.
