**NEW WORKING PAPER**
Enlightenment Ideals and Belief in Progress in the Run-up to the Industrial Revolution: A Textual Analysis
w/ Ali Almelhem, Murat Iyigun & Austin Kennedy
Available at: https://t.co/NzFHBHkOBb
Short 🧵 below…
1/7
WE ARE HIRING!! Up to three post docs @PPE_Center@BrownUniversity for up to two years, able to sponsor J-1 visa, if necessary. Please circulate widely, happy to answer questions about it.
https://t.co/2ovStZvcry
Must read of the day:
The US committed $140 billion to post-Katrina recovery--more than Marshall plan--Today, New Orleans is smaller, poorer and more unequal than before...It hasn’t rebuilt the middle class & lacks basic services outside of tourism.
https://t.co/J05W5LK6jw
BIG NEWS: My book, The Land Trap, is coming out on Nov 4! I've been fascinated by this topic for years. The book tells the story of why land still occupies such a huge role in finance, economics and politics globally, and why that's a source of huge risk. You can preorder NOW!
🚨 Are you interested in Historical Political Economy (HPE)? 🚨
At the Virtual Workshop in HPE (VWHPE) we discuss state-of-the-art research in the field on a regular basis.
‼️ We have just issued a new call for papers. ‼️
Please see the link in tweet #2 if you’d like to join.
This bill is more budget busting than big and beautiful. We helped balance the budget but Trump’s plan unbalances our finances and our country.
Read my @nytopinion piece with Bob Rubin.
We were members of Bill Clinton’s economic team when the federal budget was balanced, the only time that has happened in more than half a century. In nearly every respect, the Trump administration’s approach is the opposite of what worked in the 1990s — and it poses huge risks to our economy.
There are important parallels between the two moments. Mr. Clinton then and Mr. Trump now face serious fiscal problems and an economy that is being rapidly changed by new technology; then it was the internet, now it’s artificial intelligence.
In that earlier era, we followed a strategy of hoping for the best, while planning conservatively. We paired policies that reduced the deficit with others that stimulated investment. That set off a virtuous economic cycle of growth, deficit reduction, lower interest rates and thus more investment and growth. Fiscal responsibility helped contain inflation because it was accompanied by respect for the independence of the Federal Reserve and recognition of the importance of a strong dollar.
This current administration risks putting this cycle in reverse by undermining the Federal Reserve, imposing tariffs and passing a tax and policy bill that is more budget busting than big and beautiful.
https://t.co/oAqO6OB4Ut
Bonkers op-ed by Lina Khan in NYTimes. She argues that we must break up US firms like Google, Apple, and Meta to compete with China’s more open and more competitive system. Unreal.
The U.S. is by far the wealthiest major country—wealthier than Canada, far wealthier than Mexico or China.
Yet Trump claims we are the ones who have been cheated by the global order???
Bonkers. Loser thinking that will make losers of us all.
Why do prison gangs exist? In our latest interview, @DavidSkarbek explains how they emerged as a solution to the problem of prison organization as California's incarcerated population exposed in the 50s and 60s
**POST-DOC OPPORTUNITY**
We are hiring a 2-year post-doc at Chapman in the economics of religion. Recent PhDs studying religion from any social science discipline should apply!
Application deadline: 24 Jan 2025
For more: https://t.co/Y7vLZJcriF