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  • Marginal Revolution Read

    Alvin Roth to the rescue, the polity that is Singapore

    Singapore has launched a dating platform, the latest social-engineering experiment by the city-state’s government to tackle its fast-declining fertility rate. The initiative, known as FirstDate, opened under a pilot scheme this month for public sector employees aged 21-35 and uses a Nobel Economics Prize-winning matchmaking algorithm. An additional tool suggests date activities and allows users

  • Marginal Revolution Read

    Thursday assorted links

    1. Cato’s Vision for Liberty award for 50k. 2. Gross output signals an economic surge (WSJ). 3. Echo, a new AI site to mimic the styles of particular writers or writing styles. Thread on it here. 4. “Open USD (OUSD), the new stablecoin from Coinbase, Mastercard, Stripe, Visa and others launches…” 5. Are men or

  • Marginal Revolution Read

    What should I ask Moxie Marlinspike?

    Yes I will be doing a Conversation with him, live at the Roots of Progress event next week. From Wikipedia: Moxie Marlinspike is an American entrepreneur, cryptographer, and computer security researcher. Marlinspike is the creator of Signal, co-founder of the Signal Technology Foundation, and served as the first CEO of Signal Messenger LLC. He is

  • Marginal Revolution Read

    The top private sector employers of economics graduates

    Here is the link.

  • Marginal Revolution Read

    Merging LLMs and economics research

    We introduce an open-source workflow that enables an LLM to reproduce, improve, and extend an economics article using the article’s published replication package. First, the workflow attempts to reproduce the original calculations, checks for discrepancies with published findings, and performs automated sensitivity analysis. Across 4,452 published replication packages for five economics journals, the workflow flags discrepancies in 3,460 articles or their appendices.

  • Marginal Revolution Read

    The polity that is Singapore

    Police in Singapore have charged a man who is accused of posting an AI-generated image of a saltwater crocodile in a popular reservoir. Ye Lin was charged with communicating a false message and obstructing the course of justice for allegedly deleting the picture and the application he used. The fake image caused public concern, authorities

  • Marginal Revolution Read

    Wednesday assorted links

    1. It seems there is no evidence for the concept of a fertility rebound. 2. We will tell children nasty stories, but mostly only show them positive images. 3. Deregulation in Idaho. 4. Weather risk is reflected in Florida home prices. 5. Have we discovered where Aristotle taught Alexander the Great? 6. How to keep an agent swarm on track? 7. What the mathematicians want. The post

  • Marginal Revolution Read

    Trump Administration Limits Predatory Lending in Education

    The New Republic writes “President Trump is banning students majoring in degrees that don’t make enough money from taking out college loans.” Yes, but do note that no student is banned from any major and the lending rule is mild. Undergraduate programs must show: that their graduates earn more than the typical high school diploma

  • Marginal Revolution Read

    *Shade* - Marginal REVOLUTION

    The author is Sam Bloch, and the subtitle is The Promise of a Forgotten Natural Resource. An interesting book on a neglected topic, here is one excerpt: Shade is not part of L.A.’s modern identity. In the 1930s, the city was rezoned to Federal Housing Administration design standards and banned high-density developments like row houses.

  • Marginal Revolution Read

    Don’t let AI make you dumber

    That is the topic of my latest Free Press column, here is one excerpt: I do not think the skeptics would put it this way, but as I read Conti, I find he has a pretty bleak fundamental view of humanity. Are we all really just looking to veg out and abandon curiosity and inquiry,

  • Marginal Revolution Read

    Shipping to America

    The vulnerability of our shipping routes remains underdiscussed, perhaps that is in some ways a good thing: We study the macroeconomic and trade-policy implications of disruptions to U.S.-bound shipping routes. Standard models treat them as iceberg-cost shocks, conflating the shock with the response to it. Using satellite vessel-tracking data, we construct route-level measures of potential

  • Marginal Revolution Read

    Tuesday assorted links

    1. Comment section arbitrage.  This is what the AIs do too, right? 2. Claims about New Zealand. 3. Good Bryan Caplan post on Effective Altruism. 4. Reported female bisexuality is in retreat? 5. Sadly, now a fringey view, yes.  But not with me. 6. Fewer and fewer are defecting from North Korea. The po

  • Marginal Revolution Read

    Accounting for Cross-Country Income Differences Revisited

    Also known as Why I Do Not Believe in the Housing Theory of Everything: Development accounting is the search for proximate sources of cross-country income differences. This article describes how knowledge in this field has evolved over the two decades since the influential work of Caselli (2005). There have been large advances in the measurement of production inputs (labor, physical capital, and human capital). These advances have raised the estimated contribution of inputs, mostly human capital, in development accounting.

  • Marginal Revolution Read

    The Macroeconomic Effect of AI through software engineering

    We measure how artificial intelligence (AI) affects the economy through its impact on software engineering productivity. We use information from financial markets to develop a forward-looking measure that is available in real time. We estimate the sensitivity of each firm’s stock return to an AI stock market index, and how this sensitivity depends on the

  • Marginal Revolution Read

    Man’s best friend?

    When it comes to bear encounters in or near the wild, dogs are the aggressors in 54 percent of incidents, according to a recent study conducted by bear experts at Brigham Young University and other institutions, and published in the Journal of Wildlife Management. In approximately 36 percent of the encounters, dogs did not come to their owners’ defense. And they only successfully alerted their owners to the presence of a bear in about 9 percent of cases.

  • Marginal Revolution Read

    Monday assorted links

    1. Should more men move to Alaska? 2. The world’s oldest known peace treaty found. 3. In praise of Joyce, Whitman, and Crane. 4. Background explainer on the Chinese AI ecosystem. 5. YIMBY working in Portland (WSJ). 6. Profile of Helen DeWitt. 7. Human frailty.

  • Marginal Revolution Read

    Mighty Sparrow, RIP

    Here is the NYT obituary.

  • Marginal Revolution Read

    Defining the Unemployment Rate

    An updated version of our Marginal Revolution University (MRU) video on defining the unemployment rate. Free to use for anyone but goes best, of course, with Modern Principles of Economics, the best principles of economics textbook.

  • Marginal Revolution Read

    Bundesrepublik Deutschland

    At times we forget what an amazing wonder the Bundesrepublik Deutschland was. At the end of the World War II, Germany was one of the sickest and cruelest human societies in history, ever. Not too many years later, it was one of the best and most successful societies ever. By the 1980s, living standards had

  • Marginal Revolution Read

    AI in science

    Scientific progress is a key driver of economic growth and prosperity. There is great excitement- but also concerns- about the impacts of AI on science, but so far little data. We provide early insights on this from three data sources: a sample of 15 million Gemini interactions, an inventory of over 2,600 specialized AI models

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