Private Equity Becomes a Roach Motel as State Pension Funds and Other Investors Borrow as Funds Remain Bonded
The Wall Street Journal had an important article over the weekend on how private equity has become and is set to remain a money pit, […]
Month: June 2024
Are we overestimating the foreign-born population by nearly two million?
Apparently so, here’s one study from the Chicago Fed, by Kristin Butcher, Lucas Cain, Camilo Garcia-Jimeno, and Ryan Perry: Standard estimates based on the main […]
Land Grabs Oppress the Rural Poor Around the World
Yves here. Yesterday, we featured Michael Hudson’s post about how the US has used agriculture, especially grain control, to strengthen its power. Here we see […]
Unusual Labor Market Developments and Inflation for 2022-23
From a new NBER working paper by Steven J. Davis: A dramatic improvement in the US labor market has produced a sharp drop in inflation […]
Real GDP as an indicator
Many of my opposing views stem from my focus on a single macroeconomic variable—NGDP. Consider the recent period of high inflation. Almost all economists believe […]
Meta is delaying the launch of Meta AI in Europe due to disagreements with regulators
“We are disappointed by the request from the Irish Data Protection Commission (DPC), our lead regulator, on behalf of European DPAs, to delay training our […]
Claude 3 of SCOTUS? – Sideline REVOLUTION
I will vote to confirm: I decided to do a more empirical test of the legal ability of AI. Specifically, I downloaded summaries of all […]
Guest Contribution: “Federal Funds: FOMC Projections, Policy Action Instructions, and Futures Market Opportunities from the June 2024 Meeting”
Today, we present a guest post written by David Papell and Ruxandra Prodan-Boul, Professor of Economics at the University of Houston and Lecturer in Economics […]
The CSO 2024 Awards showcase world-class security strategies
For more than a decade, the CSO Awards have recognized security projects that demonstrate outstanding thought leadership and business value. This award is a recognized […]
Different links for Monday
1. The publishing world is following in the footsteps of the GOAT (NYT). 2. “most of the evangelists I spoke to did not see ethicists […]