My parents were Republicans because George H.W Bush signed the Americans with Disabilites Act and the Individuals with Disabilities Education Act. A generation of people with disabilities went to college, got jobs and lived independently because of IDEA. abcnews.go.com/Politics/spe...
Incredibly useful new story by @jburnmurdoch.ft.com on the 'crisis' for young college grads. Most analyses compare mid-20s workers with/without a degree. But as John points out, the relevant comparison group is actually *new entrants* with/without a degree - most non-degree workers enter at 18-19.
Like I think most economists have been concerned about the tariffs but have not said they will lead to inflation (FOMC moves last) or cause a recession (that's not how recession work!).
News: Bari Weiss just sent a memo to staffers at CBS News asking them to produce a memo explaining "how you spend your working hours—and ideally, what you've made (or are making) that you're most proud of."
One CBS News staffer puts it like this to me: "We just got Elon Musked."
I am delighted to share that Nobel laureates Esther Duflo and Abhijit Banerjee will join our Department of Economics @econ.uzh.ch at the University of Zurich on July 1, 2026, as Lemann Foundation Professors of Economics.