ECONOMY

Why LLMs make certain mistakes

Via Nabeel Qureshi, from Claude 4 Sonnet, from this tweet. The post Why LLMs make certain mistakes appeared first on…

9 months ago

You Can See the End of the Great Stagnation Everywhere but in the Productivity Statistics

Eli Dourado continues to keep his eye on the most important number in the world, total factor productivity. It continues…

9 months ago

Glow in the Dark Flowers!

I love these glow-in-the-dark petunias. Aside from the novelty, they speak to science and progress! The petunias were genetically modified…

10 months ago

This is Vindication???

Joe Nocera has a strange piece in the Free Press arguing that the “godfathers of protectionism” have been vindicated. It…

10 months ago

Lady Liberty of the Pacific

Instead of re-opening Alcatraz as super-max prison we should build a statue to America. I suggest “Lady Liberty of the…

10 months ago

The Public Choice Outreach Conference

There are just a few spots left for the Public Choice Outreach Conference! Do encourage your students to apply!  …

10 months ago

The Decline of Manufacturing

Look at the incredible decline of manufacturing across a wide variety of industries in the figure below. Nearly 7.5 million…

11 months ago

Manufacturing share vs. GDP

Via Basil Halperin.  This is not a question of confusing causation and correlation, if anything it is the protectionists who…

11 months ago

Sell Floyd Bennett Field!

I’ve been shouting Sell! for many years. Perhaps now is the chance to do it. Here’s a recap: The Federal…

11 months ago

The Madmen and the AIs

In Collaborating with AI Agents: Field Experiments on Teamwork, Productivity, and Performance Harang Ju and Sinan Aral (both at MIT)…

11 months ago