Will U.S. cities face a knock-on fiscal crisis from the feds?
Federal money flows to cities in three flavors: direct transfers, indirect transfers, and what we call fiscal dark matter. Direct transfers are exactly what they
*Rome’s Age of Revolution* – Marginal REVOLUTION
The author is Tim Whitmarsh and the subtitle is Augustus, Empire and the Making of Christianity. This is the most important book on the history
The wisdom of Eli Dourado
How do “international efforts” work? Unlike most of the signatories of the letter, I have been a State Department advisor and have participated in multiple
The AEA presidential election – Marginal REVOLUTION
AEA is the American Economics Association, and a new president is needed, here is the candidate and likely winner: PINELOPI (PENNY) KOUJIANOU GOLDBERG, William Nordhaus
A natural experiment in economics
To study whether and how academics respond to political pressure, we exploit a natural experiment: the publication in early 2025 of a “blacklist” of words
Alec Stapp on the new Science report from Michael Kratsios
Major new report from the White House Office of Science and Technology Policy. Five things in the report I really liked: 1. Proposes metascience units
Cross-ethnic casting – Marginal REVOLUTION
I complained about the casting of The Odyssey per se (the blind beggar was best), but in general I do not mind cross-ethnic casting. I
My excellent Conversation with Chase Koch
Here is the audio, video, and transcript. Here is part of the episode summary: Chase and Tyler discuss if any of his father’s lessons never
My talk at DeepMind – Marginal REVOLUTION
Here is a transcript of my remarks, anything from the audience (Q&A with comments) has been cut out. Excerpt: The problem will not be how
My Conversation with the excellent Joel Mokyr
Here is the audio, video, and transcript. Here is part of the episode summary: Tyler and Joel discuss European corporations vs. Chinese clans, why the