Ben Lockwood
@benlockwood.com
1.6K followers 550 following 62 posts
Business Economics and Public Policy prof at Wharton. Optimal taxation, inequality, and behavioral economics. benlockwood.com bepp.wharton.upenn.edu/profile/benlo/
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Reposted by Ben Lockwood
jpube.bsky.social
What’s hot in public econ?

Here are some of the most popular @jpube.bsky.social papers from the past 90 days.

Free to read: www.sciencedirect.com/journal/jour...
benlockwood.com
25 First Dates

Slumdog Half-millionaire

Three-and-a-half Pounds

Vicky or Cristina Barcelona
orenziv.bsky.social
Guys, come on, the Q effects of a tariffs are negative. Also, in the spirit of the CEA, you can assume a trade elasticity of 4 and then divide that by 4 for no reason, so assume a pass-through rate of 100%. So 50.5 Dalmatians.
benlockwood.com
That really does ruin it. Especially the 0.5.
benlockwood.com
What do you think of this exercise as a commentary on whether the methods are trustworthy, rather than on the truth of the implied conclusion? (This reminds me a bit of the height tax paper and its authors’ differing interpretations of it.)
benlockwood.com
Watching March Madness, it sure feels like this would be a good venue for an ad campaign from universities about how America’s higher ed system is one of its greatest strengths.
Reposted by Ben Lockwood
eortizospina.bsky.social
Ever start taking a screenshot on Mac (Cmd-Shift-4), then panic because you anchored in the wrong place? Hit Spacebar—you can reposition the selection anywhere.

I repost this every now and then to pay it forward. Changed my life when I found out 😄
benlockwood.com
Glad to see this getting some attention! (gift article) #EconSky
Reposted by Ben Lockwood
adamgrant.bsky.social
You shouldn’t finish every book you start.

Abandoning a book is not an admission of failure—it’s a sign of wisdom. You’ve decided to let go of sunk costs.

The purpose of reading is to be entertained and informed. If a book doesn't bring joy or insight, it’s time to move on.
benlockwood.com
Direct File’s future is in doubt as this administration evaluates whether the renew it. I hope they do. Taxpayers say it makes filing easier and more efficient. If the administration allows the program to scale up, it will get credit for that improvement. (Not to mention the boost to GDP.)
benlockwood.com
Some say that the free filing options from private sources, like TurboTax, are enough. But this is one area where government is well placed to be more efficient—it has the information necessary to pre-fill tax returns. There’s a reason other countries do this in-house.
benlockwood.com
Direct File has been a big step toward making tax filing easier and more efficient. It has started small, with 12 states in 2024, and has expanded in scale (up to 25 states this year) and scope (supporting more tax situations, with plans to have more pre-filled information).
Direct File: IRS Successfully Piloted Online Tax Filing but Opportunities Exist to Expand Access
IRS is offering a new, free service to help taxpayers prepare and file tax returns electronically. It piloted Direct File in 2024 for taxpayers with...
www.gao.gov
benlockwood.com
In contrast, the average American spends an estimated $210 and 11 hours to file their 1040 personal income tax return. Those are real costs—that time could be spent producing real goods and contributing to GDP. www.irs.gov/pub/irs-prio...
Table showing the time and money burden of tax filing for Americans
benlockwood.com
Americans are often jealous (or incredulous) to find out that in many other countries it is trivially easy to file taxes—you receive a form pre-filled with info the government already knows about your tax situation. Denmark adopted this in the 1980s, and by 2020 most OECD countries had as well.
What are prepopulated tax returns?
taxpolicycenter.org
benlockwood.com
A bright spot in recent tax policy has been the success of the IRS's in-house Direct File program, which allows many taxpayers to file taxes for free online through a simple interface, even on their phones. Let me tell you why I think so, and why Direct File’s future is at a crossroads. #EconSky
A government program made tax filing free and more efficient. Musk and DOGE may get rid of it anyway
The fate of the IRS Direct File program is unclear as Elon Musk and the Department of Government Efficiency cleave their way through the federal bureaucracy. Republicans and commercial tax preparation...
apnews.com
benlockwood.com
Congestion pricing targets even more externalities than I realized.

From the Jan. 5 start of congestion pricing to March 6, complaints about honking were down 69% relative to last year (via NYC's 311 portal).
benlockwood.com
Great piece on the mechanics of achieving PA’s recent success in promoting reform.

“The visibility of the initiative also encouraged a sense of competition among cabinet officials. The mantra of “moving at the speed of business” was widely adopted among those working with the governor.”
donmoyn.bsky.social
New, from me: I’ve been writing about the damage done at the federal level, but am also looking for positive examples.

Permitting reform in PA is one such case.

Rapid and positive change is possible by improving state capacity rather than destroying it.
donmoynihan.substack.com/p/permitting...
Permitting Reform in Pennsylvania
Some good news on the nuts and bolts of making government work better
donmoynihan.substack.com
Reposted by Ben Lockwood
econsandy.bsky.social
Ok, following on that last thread, here are my suggestions about how to be a good mentor (though this is still a work in progress!)

(And others should feel free to add to my list!)

A🧵
Reposted by Ben Lockwood
rosemarymosco.com
Another thing I made this year: Real and implied birds.
A six-panel cartoon titled "real and implied birds". In the two panels in the top row, there's a rough legged-hawk sailing through the sky, next to a smooth legged hawk, which has smooth human legs. In the second row, there's a great-crested flycatcher looking dapper, next to an ok-crested flycatcher that has just a slightly less nice crest. In the third row, there's a mountain chickadee standing up on stones, next to a valley chickadee peeking out from a dip between stones. In the fourth row, there's a least bittern standing in some reeds, next to a most bittern that is enormous and stomping through a city, with people running in fear, helicopters overhead, and an overturned car on fire.
Reposted by Ben Lockwood
s-stantcheva.bsky.social
Zero-sum thinking is a key mindset that shapes how we view the world. A little thread to highlight our work on its roots with @sahilchinoy.bsky.social,
@nathannunn.bsky.social, Sandra Sequeira.🧵1/23 scholar.harvard.edu/files/stantc...
Reposted by Ben Lockwood
newseye.bsky.social
An incredible photo posted today by French President Emmanuel Macron.

The floor of Notre Dame Cathedral is filled with the workers involved in the 5 year project to restore the building following the devastating fire in 2019.

1/2
Hundreds of workers, some in high viz vests, cover the floor of Notre Dame cathedral with a photo taken from above, looking down the length of the restored building.
Reposted by Ben Lockwood
florianscheuer.bsky.social
Submit your papers to the next @cepr.org Public Economics Annual Symposium, taking place in Cologne on June 5-6, 2025. Co-organized with @sigginho.bsky.social and Johannes Spinnewijn, keynotes by Cecile Gaubert and @omzidar.bsky.social!

cepr.org/events/cepr-...
CEPR Public Economics Annual Symposium 2025
PDF document / 207.07 KB
cepr.org
benlockwood.com
Am I the only one longingly googling “bluesky app tapbots” [date filter = last 2 weeks] on a regular basis?
Reposted by Ben Lockwood
benlockwood.com
I like the urgency and thrill story. Not sure I believe discounts are simpler than stable prices. I can also believe this is highly heterogeneous—Johnson’s strategy came from his success at Apple retail, which has stable prices, but it fared terribly at JCP.