Econ Blog

your daily dose of economic commentary

5601. Weekly Collection of Interesting Things

Paul Goldsmith-Pinkham shares a collection of interesting links and papers related to economics and finance, highlighting recent developments and research in the field.

Thoughts on a Crazy Week in AI News

5602. Thoughts on a Crazy Week in AI News

Melanie Mitchell discusses recent AI news, focusing on misconceptions from politicians and public reactions to advancements in AI technologies like ChatGPT and GPT-4.

Ordinary Least Squares, Translated into English

5603. Ordinary Least Squares, Translated into English

Nick HK explains Ordinary Least Squares (OLS) in simple terms, translating complex mathematical concepts into accessible language for better understanding.

Overdebunked! Six Statistical Critiques That Don’t Quite Work

5604. Overdebunked! Six Statistical Critiques That Don’t Quite Work

Nick HK discusses common misconceptions and critiques regarding statistical analyses, emphasizing the importance of skepticism while cautioning against unfounded criticisms.

Robustness Tests: What, Why, and How

5605. Robustness Tests: What, Why, and How

Nick HK discusses the importance and purpose of robustness tests in econometrics, emphasizing their role in validating assumptions and ensuring reliable results in data analysis.

Supercore Inflation is Worth Watching, but it is Probably Not a Good Policy Target

5606. Supercore Inflation is Worth Watching, but it is Probably Not a Good Policy Target

Ed Dolan discusses the implications of supercore inflation on Federal Reserve policy and questions its suitability as a target for monetary policy decisions.

Why the Abstraction and Reasoning Corpus is interesting and important for AI

5607. Why the Abstraction and Reasoning Corpus is interesting and important for AI

Melanie Mitchell discusses the challenges AI faces in forming concepts and abstractions, highlighting the significance of the Abstraction and Reasoning Corpus for advancing AI research.

Did ChatGPT Really Pass Graduate-Level Exams?

5608. Did ChatGPT Really Pass Graduate-Level Exams?

Melanie Mitchell discusses ChatGPT's performance on various graduate-level exams, highlighting its passing grades and the implications for AI's understanding and capabilities.

Did ChatGPT Really Pass Graduate-Level Exams?

5609. Did ChatGPT Really Pass Graduate-Level Exams?

Melanie Mitchell discusses the performance of ChatGPT on graduate-level exams, questioning the implications of AI's test results compared to human capabilities.

Why the Inflation of 2021-22 Did Not Spiral Into Stagflation and Implications for Policy Going Forward

5610. Why the Inflation of 2021-22 Did Not Spiral Into Stagflation and Implications for Policy Going Forward

The discussion highlights key differences between the 2021-22 inflation and past stagflation episodes, emphasizing implications for future economic policy.

On Detecting Whether Text was Generated by a Human or an AI Language Model

5611. On Detecting Whether Text was Generated by a Human or an AI Language Model

Melanie Mitchell discusses the challenges of detecting machine-generated text and highlights recent research on methods for distinguishing between human and AI-written content.

No, Prof. Mankiw, Better Social Insurance Would Not Kill American Prosperity

5612. No, Prof. Mankiw, Better Social Insurance Would Not Kill American Prosperity

An argument that better social insurance can coexist with prosperity, challenging the notion that social protections undermine economic growth and emphasizing median income over GDP.

The prospects for war with China: Why I see a serious chance of World War III in the next decade

5613. The prospects for war with China: Why I see a serious chance of World War III in the next decade

Chris Blattman discusses the potential for a Chinese invasion of Taiwan and its implications for global conflict, particularly the risk of World War III.

5614. High school

The discussion focuses on teaching high school students about conflict through a book, emphasizing clarity, engagement, and reflective learning activities.

Fighting Poverty in America: What Can We Do Better?

5615. Fighting Poverty in America: What Can We Do Better?

An argument that current poverty programs are ineffective due to fragmentation, high benefit reduction rates, and strict work requirements, suggesting policy changes to improve outcomes.

Guaranteed Income for the 21st Century Aims to End Poverty As We Know It

5616. Guaranteed Income for the 21st Century Aims to End Poverty As We Know It

Ed Dolan discusses a welfare reform proposal aimed at abolishing poverty through a guaranteed income system, highlighting its costs and structure compared to other proposals.

Is the Phillips Curve Back?

5617. Is the Phillips Curve Back?

Ed Dolan examines the Phillips curve's relevance today, contrasting historical inflation-unemployment dynamics with current economic conditions and expectations.

America's Social Protection Gap and What to Do About It

5618. America's Social Protection Gap and What to Do About It

Ed Dolan discusses the social protection policies in the U.S. compared to its liberal-democratic peers and suggests ways to improve them.

What Does Vaccination Have To Do with Freedom?

5619. What Does Vaccination Have To Do with Freedom?

The post explores differing interpretations of freedom in the context of vaccination debates, contrasting individual rights with communal responsibilities and referencing Russian concepts of freedom.

The Best Opening for a New Third Party is the Liberal Center

5620. The Best Opening for a New Third Party is the Liberal Center

Ed Dolan discusses the need for a centrist liberal party in America, emphasizing the importance of government size in supporting democracy and social welfare.