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utopiayouarestandinginit.com
How much redistribution will AI require? A common scenario is that AI raises output enormously, but labor's share of income collapses. GDP per capita goes up but workers get poorer, and making workers whole requires massive redistribution. In my latest paper, I run the numbers and conclude that this is probably incorrect. The idea is...How... |
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utopiayouarestandinginit.com
Tweet... is from page 213 of Menzie Chinn's and Douglas Irwin's superb 2025 textbook, International Economics: The past few decades have been an era of globalization. Most countries have moved to reduce trade barriers and take advantage of growing world trade. How have they done so? One way a country can reduce its tariff and...Quotation... |
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fabiusmaximus.com
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keelingcurve.ucsd.edu
Researchers at UC San Diego's Scripps Institution of Oceanography have created a more accurate model of global carbon cycling. The model better accounts for the contributions of Earth's terrestrial ecosystems to atmospheric concentrations of the greenhouse gas carbon dioxide, a major source of un |
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