Dollars and Jens

Financial and economic wealth are largely a function of expectations. A factory is valuable because I expect that it will help produce som...

 There's been inflation, and there have been calls for price controls, and so I've been reading a bit about price controls in histor...

Most of the cost-benefit analysis I've seen of non-medical measures to reduce the contagion of covid have been treating them as an all-o...

The recent COVID relief bill that passed congress has been reported, variously, as being $2.2 trillion in size, or, in some cases, as being ...

I have a lot of work I should be doing, but someone is wrong on the internet : The chart makes a lot of assumptions, including that each i...

This might be in part because I'm teaching game theory this semester, but I look at this working paper suggesting that investment has go...

If you don't read Matt Levine, I don't understand why not; if you do, then you probably have some awareness of Saudi Arabia's bu...