The 4 new labor laws change a lot. But why are they important? I give you a crash course of the entire labor economics behind these reforms. That includes: 1. Productivity of labor 2. Jobless growth 3. Lewis turning point 4. Labor misallocation 5. and much more! <link below>

Riding on the wave of birthday-weekend excitement, I am thrilled to share that I will be releasing two new papers next month — one offering a fresh lens on post-shock misallocation, and another tracing inefficiencies across electricity distribution infrastructure. In picture:

Hey #econtwitter I am an applied microeconomist on the academic job market! I work on information, inequality, and mobility in labor and development economics. My JMP addresses a source of misallocation: a mutable, class-linked trait (oral appearance) becoming a barrier to

“The large-scale misallocation of resources into loss-making businesses whose profits exist in Never-Never Land is a sign that the cost of capital is too low. Bring down interest rates low enough and even unicorns can fly and, soaring too high, they inevitably crash."

The consequence of treating the IPO as a mere exit strategy is more profound than just individual wealth loss. It creates a critical macro-economic risk: misallocation of capital Read more: https://t.co/GQ2AaFcOqk Written By: @iPravinKaushal @anuragbatrayo I @NFWarsia I

Purely from a raw economics perspective, billionaires are a misallocation of precious resources … a misallocation, along with a perversion of the economy & government, that humanity & the planet can ill afford. It’s an existential crisis.

Eli Lilly's Price Cut on Weight Loss Drug: A Strategic Game Changer or Resource Misallocation? #DrugPricing #AffordableMedicine https://t.co/GLJIY2UeTm

While schools struggle to buy textbooks or maintain buildings, government waste and lavish spending continue unabated. The problem is misallocation, not lack of funds. #StopEducationPrivatization Education For All

"In short, financialization, greed, hoarding, engineered monopolies, oligarchy, and private equity are a gross misallocation of resources."

this Ilya interview will be compulsory viewing for any future student trying to understand what misallocation of capital looks like in real life

@yieldsearcher Here’s an easier way to say your post: Energy is primary money Oil is the densest storage of energy that isn’t radioactive. Oil rises in price is same thing as rates rising it tightens everything. Energy rising isn’t inflationary as they tell you on CNBC and Bloomberg and

If the price system is a communication network, rent control turns down the volume and adds static. The result is miscommunication, misallocation, and frustration on both sides of the market. See my latest piece for FEE on rent control 👇🏻 https://t.co/VifryK2eSo

@DavidSacks If half of GDP growth is coming from one theme, that is not just strength, it is concentration risk. Yes, a reversal would hurt, but blindly forcing AI capex to keep going just to avoid a downturn is how you turn a boom into misallocation. What we really cannot afford is fake

Everyone likes to make calls on this site so here is one: PACK SUPE - Book It

Okay, let me try. Karthik Muralidharan is mainstream, so won't mention him. I really like Chang-Tai Hsieh for his work on resource misallocation. And he's done work specifically on India and China. Pete Klenow is often Hsieh's co-author and he's done some great work on Total

Benny & The Squirrel Ep. 6: Assessing the Collateral Damage from the Recent Deleveraging To Date YT Link Posted in the Comments Section H/T: @SquirrelMacro

What Kills the Story (Risks) 🟥 In investing, risk is what you don't see coming. But here are the ones we do see: 1. Capital Misallocation: They are spending ₹757 Cr on cement expansion & its making investors sweat. Their logic is - we're upto our eyes in debt, would you

🚨 Job Market Highlight! My friend @scott_sommers56 is on the econ job market this year, and his JMP tackles an increasingly urgent issue: how climate risk amplifies land misallocation in developing economies. 🌾🔥

Scott is a JMC at UMN this year. His JMP shows how bad land institutions make droughts far more damaging, using rich Indian data and a structural model to reveal how rental barriers worsen misallocation. Check him out 👇