🧵 (1/12) My new paper, “Capital Taxation and Market Power”, https://t.co/x2N6800jSG, argues that market power makes the entity level of tax especially important, that we should consider graduated corporate rates, and that intl. tax reform is essential to that vision.
Indeed! It has been an amazing workshop! Thanks to @JosephEStiglitz for opening remarks and to presenters and discussants who have done an incredible job explaining their work.
Including the perspectives of workers is a crucial step for AI systems in the workplace to avoid harms and benefit society, argues an excellent new @PartnershipAI report by @the_sbell on
"AI and Job Quality" https://t.co/xkIhUSsYpa - check it out!
It's that time of year again when I am looking for Econ PhD candidates who would like to do a post-doc at Columbia University under my supervision. Please apply by November 24, 2022. https://t.co/Itn7m2gw9G
Check out the program for the 3rd workshop on International Capital Flows & Financial Policies! To be held in person at IMF on Oct. 17. Please RT if interested! Registration link:
https://t.co/w3LrfWIX9p
Virtual attendees need to register too.
The crisis in economics is the persistent view that the economy is overheated when it lowers Black unemployment. This characterization rests on the assumption that Black workers are lower quality and raise unit labor costs. Not that discrimination is the cost being taken out.
New: "Reserve accumulation, growth and financial crises" by @BenignoGianluca, @LucaFornaro3 & @mw_econ. Fast-growing emerging countries run current account surpluses and accumulate foreign reserves. This article presents a theory of export-led growth. https://t.co/bJJmZrNWcu 1/4
John Kenneth Galbraith (in Affluent Society, 1958) about the reception of those who challenge the conventional wisdom in economics. This is evident every time someone who isn’t an economist tries to criticize economics. The more things change, sadly, the more they stay the same.
Ready to learn something new this August? Sign up for my free 6-week online course on the Economics of AI #EconOfAI - highly recommended for econ grad students interested in macro/labor/governance/etc
https://t.co/8VJ3HM1RIq
@Coursera@UVAEcon@BrookingsEcon#econtwitter
What @arjun_jayadev @amitbasole and colleagues are doing through this workshop in mentoring, pedagogy and creating an international and supportive community of researchers is truly special.
Neoclassical theory: labor market determines the real wage (division of surplus b/w worker and firm).
Central banker: labor market determines price-inflation.
I’m Josh Shapiro — and I’m the Attorney General who stopped Donald Trump from undermining Pennsylvania’s 2020 election.
Now I’m running for Governor, and I need your help to win this race.
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