Month: August 2024

I suspect that the average American assumes that low-income countries have a competitive advantage in international trade. Economists often counter that argument using Ricardian trade […]

EJ Antoni (Inheritance) is skeptical about GDPNow’s (and other current coverage) Q3 growth. From X aka Twitter today: Latest Q3 Nowcasts: ATL 2.5% (2.0% prev) […]

When people criticize cars, you hear that many people die in road accidents, many are injured and so on. All true, dangerous driving represents a […]

Actually, no – but maybe it’s a fast food country in a recession. Arguing that the output has not been measured properly, so much so […]

Market efficiency is a central issue in asset pricing and investment management, but while the level of efficiency is often discussed, changes to that level […]

Schrödinger’s Neighbor Says The Thought Experiment Is Very Interesting But He Would Really Like An Exact Answer Where His Cat Is The Babylon Bee (Li) […]

Yves here. Richard Murphy provides a good, comprehensive treatment of some of the inherent limitations of AI, particularly in practice (he focuses on accounting and […]

1. FT lunch with Eugene Fama. 2. Alexa will be powered by Claude. And ChatGPT goes to church? 3. In praise of reading reference books. […]

I am happy and honored to be sending you a copy of Daylight Computer. It performs the same functions as the iPad and Kindle, but […]