James Bailey

Professor @ProvidenceCol, Health Economist, two-bit hedge wizard. Formerly @1ArmedEconomist

[James Bailey @jbailey]

I have lots of ideas for economics papers I'd like to write but not so much time to write them. So I decided to just post many of them publicly to see if anyone else wants to write them:
https://t.co/jeVM7ZgLOb

[James Bailey @jbailey]

Money market balances have more than doubled since interest rates lifted off in 2022:

[James Bailey @jbailey]

We're about to get 3 IPOs- SpaceX, OpenAI, and Anthropic- that could each raise more than every US IPO last year combined. Will that come at the expense of other stocks?https://t.co/11e2invn5p

[dylan matthews 🔸 @dylanmatt]

One of the funniest sentences I’ve read in a while

[James Bailey @jbailey]

This is how you write an opening:

"ETHEL, La.—There is a Nile crocodile loose somewhere in central Louisiana.

It’s in good company.

A private zoo here has also misplaced a Marabou stork, a lynx, two Indian crested porcupines, a family of capybaras, a mob of kangaroos, a flock of flightless Rheas, a herd of water buffalo and an entire safari exhibit of bison, zebras and antelope.

Now even the founder wants out."

https://t.co/hTceJCZCss

[James Bailey @jbailey]

-Marc Seidner of PIMCO https://t.co/1OPRHoOi4W

[James Bailey @jbailey]

"Emerging market policymakers whether it be fiscal or monetary have actually been behaving more in a more disciplined fashion than their developed market counterparts. And as a result, emerging market inflation is actually today on average less than developed market inflation."

[Steven Medema @spydermed]

Incredibly creative work, plus a nice history of economics lesson. It is great to see people taking big swings at vexing theory problems.

[Noah Williams @Bellmanequation]

AEA meeting is a different object now. Registrations still declining, but more slowly.

[James Bailey @jbailey]

@ben_j_todd @notanastronomer My take on why: https://t.co/s48uE1gUGn

[James Bailey @jbailey]

On the @MebFaber show, @WGoetzmann says it is still possible to buy shares in the world's oldest joint stock company, Bazacle. But it looks like its successor company, Électricité de France, was re-nationalized in 2023 and no longer trades?

[James Bailey @jbailey]

Source: https://t.co/JzkNUT47Af

[James Bailey @jbailey]

We're near Great Recession levels of delinquency on everything except, importantly, mortgages

[Ephie Bernstein @EphieBernstein]

@TheHistoryOfTh2 I have found that whenever people dig into the man in any detail, they come away impressed.
I thought of that reading this piece by @jbailey this morning.

Read Grant’s Memoirs

https://t.co/cnvpLKnDCf

[James Bailey @jbailey]

Antitrust is one area where economics is actually relevant to AI safety:

[Will Rinehart @WillRinehart]

Yesterday I filed comments with the DOJ & FTC arguing for an AI safety safe harbor.

The core problem: @OpenAI and @AnthropicAI ran a joint safety evaluation last summer. It was valuable but antitrust law makes deeper collaboration legally risky, especially on unreleased models.

My draft proposal sets out terms for structured safety collaboration while keeping prices, customers, and commercialization off the table. Screenshots of that proposal are attached.

The full filing is here: https://t.co/Y2i11D1gL7

As always, let me know what you think!

[Chris Olah @ch402]

https://t.co/udIVxLdid5

[James Bailey @jbailey]

Lots of accounts I don’t follow showing up in the following tab today with no indication they were retweeted by anyone I do follow.
Good sign it’s time to log off and read a book

@Support

[James Bailey @jbailey]

From: https://t.co/wRd3OuTRar

[James Bailey @jbailey]

How to write books that deserve to be read (from @bryan_caplan):

[James Bailey @jbailey]

How do these measures look now?
Levels are fine but they are rising

[James Bailey @jbailey]

What is the best labor market measure of the business cycle? Former BLS Commissioner @BeachWW453 says either "Part Time For Economic Reasons" or "Discouraged Workers"

[James Bailey @jbailey]

Source: @Macro_Musings https://t.co/BLJ1ST6Zmc

[James Bailey @jbailey]

What is the best labor market measure of the business cycle? Former BLS Commissioner @BeachWW453 says either "Part Time For Economic Reasons" or "Discouraged Workers"