Former teammates of athletes who died of CTE would require $6 million to offset this disamenity and $1 million to be indifferent between exiting and staying in the profession. So concludes a paper …| Economist Writing Every Day
The subjects of two of our posts from 2023 are suddenly big stories. First, here’s how I summed up New Orleans’ recovery from hurricane Katrina then: Large institutions (university medi…| Economist Writing Every Day
The Affordable Care Act was supposed to make it easier for American workers to switch jobs by making it easier to get health insurance from sources other than their current employer. Mostly it didn…| Economist Writing Every Day
When the state makes decisions for the individual regarding consumption and production, the rational utility optimization model goes out the window. The individual consumes what they’re allotted, w…| Economist Writing Every Day
When every frontier AI model can pass your tests, how do you figure out which model is best? You write a harder test. That was the idea behind Humanity’s Last Exam, an effort by Scale AI and …| Economist Writing Every Day
In 2023, we gathered the data for what became “ChatGPT Hallucinates Nonexistent Citations: Evidence from Economics.” Since then, LLM use has increased. A 2025 survey from Elon Universit…| Economist Writing Every Day
The most recent (published in 2025) is this piece about doing data analytics that would have been too difficult or costly before. Link and title: Deep Learning for Economists Considering how much o…| Economist Writing Every Day
Kalshi just announced that they will begin paying interest on money that customers keep with them, including money bet on prediction market contracts (though attentive readers here knew was in the …| Economist Writing Every Day
As I was reading through What is Real?, it occurred to me that I’d like a review on an issue. I thought, “Experimental physics is like experimental economics. You can sometimes predict what groups …| Economist Writing Every Day
Ray Fair at Yale runs one of the oldest models to use economic data to predict US election results. It predicts vote shares for President and the US House as a function of real GDP growth during th…| Economist Writing Every Day
