Sometimes the most revealing thing about an award is not who receives it, but who gives it. The new FIFA Peace Award is a case in point. When an organization mired in corruption scandals and complicit silence on human rights abuses suddenly crowns itself as a champion of peace,

In 1992 Peter Ratcliffe received this rejection letter from Nature. His findings were not "a sufficient advance in our understanding". 27 years later he won the Nobel Prize for the same discovery. Don't lose faith in the things you believe in.

A big leap forward for our department! I am so thankful to Florian Scheuer and everyone else who contributed to making this transformational hire for UZH.

I don't understand why some working papers still place tables and figures at the very end. Back in the typewriter era, this made sense. But today, embedding them directly in the text is almost costless, and it makes papers far easier to read, especially on a screen. Instead of

Here’s a new New York Times story on the rise of long-term unemployment among college graduates. Grateful to have been quoted in the piece! https://t.co/x7V7pwk78j #LongTermUnemployment #AI #Restructuring

Reflecting on the close of an inspiring week: I had the pleasure of attending two honorary conferences at Monte Verità in Switzerland and at Stanford University, celebrating the remarkable contributions of my co-authors Josef Zweimüller and Robert E. Hall. Both have shaped

Thrilled to share that my paper “The Nature of Long-Term Unemployment” (with Johannes Spinnewijn) is forthcoming in the Journal of Political Economy. We challenge the view that long-term unemployment is simply a trap. Instead, we show that the long-term unemployed are distinct

Trump is silencing the messenger. The Bureau of Labor Statistics is one of the most respected and reliable statistical agencies in the world. So why remove its chief statistician? When the data starts to reflect the uncomfortable reality of a cooling labor market—amid tariff

Firing the head of a key government agency because you don’t like the numbers they report, which come from surveys using long established procedures, is what happens in authoritarian countries not democratic ones. This is surely not the most serious threat to our democracy that

It was a great pleasure to present our paper “The Ins and Outs of Vacancies” (with Damian Osterwalder and Josef Zweimüller) at the NBER Summer Institute. One of our key findings: replacement vacancies—those posted to refill jobs after workers quit—fluctuate strongly over the

What drives fluctuations in the job vacancy rate? It was a real pleasure to present my joint work with Damian Osterwalder and Josef Zweimüller today at Copenhagen Business School. In our paper, “The Ins and Outs of Vacancies”, we use exceptionally detailed vacancy data from

Is a retirement age of 65 still sustainable? Today, the Swiss Council of States (Ständerat) voted to raise taxes while keeping the retirement age fixed at 65 in order to finance the benefit increases approved last year. But this decision risks ignoring long-term demographic

Harvard University is doing just the right thing. This is extortion. It's a vendetta using all powers of the government because of a political argument with Harvard. It is violating the First Amendment. It is also violating all the laws we have regarding administrative

Poland really is a miraculous economic success story.

I stand with Harvard. More than Harvard, more than universities, more than science lie in the balance. This is an abuse of power the kind the US so uniquely avoided for so long.

Does UI generosity raise the aggregate unemployment rate? It was a great pleasure to deliver a keynote at this year’s Bristol Macroeconomics Workshop, where I presented joint work with @migacosta, Emi Nakamura, and @JonSteinsson. Our findings show that, in the United States, a

Co-director @DAcemogluMIT explains why the centralized nature of the social media ecosystem, which puts an enormous amount of power in the hands of a few platforms, is a threat to democracy — and why AI may be headed in the same direction.

The SaM conference 2025 in Vilnius was a great success! Many thanks to Linas Tarasonis and the other local organizers for hosting us and the many memorable events and dinners. Special thanks also to our wonderful keynote speakers Robert Shimer and Ayşegül Şahin, and to Carlos