@StatisticUrban Permanently low new housing construction seems like a pre-'70/post-'08 issue from the data here: https://t.co/YVpqkHBOH7. What if as people moved to the suburbs and the sunbelt - i.e. into space -, that the definition of starter home changed (as avg. sq. ft. increased).
@EricLevitz The article from which that chart is taken excludes energy. Electricity and gas prices have risen by 2x+ than the avg wage. Average wage growth differs by quintile, with some quintiles growing very little. The article also talks about how no one is hiring. Seems relevant.
@JosephPolitano The decrease in the foreign-born unemployment rate seems to support Ottaviano and Peri's research that negative wage/labor effects from immigrants specifically impact other recent immigrants, and raise wages for natives.
Period-over-period growth for leading GenAI websites:
→ Grok 3, released on February 17, gained traction, significantly increasing traffic.
→ Despite DeepSeek's strong 2025 start, it struggles to compete.
→ ChatGPT's growth, though smaller than Gemini's, is remarkable, given its 4-5 billion monthly visits.
Is a healthy interbank market important? Most CBs-- other than Fed--answer "Yes!" and have designed their operating systems accordingly. https://t.co/fVWE4XuAkr @GeorgeSelgin@ChrisGiles_@greg_ip
@Noahpinion Noah, what percentage of the protestors fit this description? Are you buying into the frequency illusion caused by social media's focus on outliers (if these are outliers)? Are you helping amplify that illusion?
@MichaelTontchev It may not be. Not all of the civil rights movement was peaceful, but that's not the most important part we remember. Most important is that the movement as a whole was successful and that it addressed an injustice. I think we are just seeing the beginning, anyway.
@Noahpinion You’re off in this case. Most of those people in LA have multiple identities and they are proud of their Mexican heritage. They wave those flags for the same reason whites talk about how they came from Scotland.
just fired my maid who’s been cleaning my house for 20 years
because i realized that for all i paid her, she never bought anything from me
no more getting ripped off!