Graham Macklin
@gmacklin.bsky.social
PhD student at TSE studying renewable energy
National park enthusiast
National park enthusiast
Reposted by Graham Macklin
Everyone was complaining that the Thucydides Trap between the US and China wasn't real but the Trump 2.0 policy will be to demand endless tribute from *allies* and destroy his own position of power, which was also the exact same playbook of the Athenians
January 7, 2025 at 6:27 PM
Everyone was complaining that the Thucydides Trap between the US and China wasn't real but the Trump 2.0 policy will be to demand endless tribute from *allies* and destroy his own position of power, which was also the exact same playbook of the Athenians
Reposted by Graham Macklin
What is an important fact about the world that you wish more people would know?
Here is my answer: If we rely on the best data, many of us can save a child's life.
And here is my article about it.
ourworldindata.org/cost-effecti...
Here is my answer: If we rely on the best data, many of us can save a child's life.
And here is my article about it.
ourworldindata.org/cost-effecti...
Many of us can save a child’s life, if we rely on the best data
There are many ways to improve the world, but their cost-effectiveness varies immensely. You can achieve a lot more if you rely on the best data on where to donate.
ourworldindata.org
December 24, 2024 at 5:30 PM
What is an important fact about the world that you wish more people would know?
Here is my answer: If we rely on the best data, many of us can save a child's life.
And here is my article about it.
ourworldindata.org/cost-effecti...
Here is my answer: If we rely on the best data, many of us can save a child's life.
And here is my article about it.
ourworldindata.org/cost-effecti...
Reposted by Graham Macklin
Say what you will about MattY, but he absolutely cooked here
www.vox.com/2015/3/2/812...
www.vox.com/2015/3/2/812...
American democracy is doomed
Vox is a general interest news site for the 21st century. Its mission: to help everyone understand our complicated world, so that we can all help shape it. In text, video and audio, our reporters expl...
www.vox.com
December 3, 2024 at 6:58 PM
Say what you will about MattY, but he absolutely cooked here
www.vox.com/2015/3/2/812...
www.vox.com/2015/3/2/812...
Reposted by Graham Macklin
we should fire every single American transit profesional and replace them with Spaniards
December 1, 2024 at 2:38 AM
we should fire every single American transit profesional and replace them with Spaniards
Reposted by Graham Macklin
Happy thanksgiving everyone
November 28, 2024 at 6:12 PM
Happy thanksgiving everyone
Reposted by Graham Macklin
it's gonna turn out that people maximize the utility of making a decision subject to the cost of the decisionmaking itself and we'll all just be back at neoclassical micro 101 but with a turducken of utility functions
These two papers, taken together, really cause a rethinking of behavioral economies.
Rather than having anomalous risk preferences; it looks like people have complexity aversion to "hard" decisions, especially on valuation, which drives behavioral anomalies. Herbert Simon ftw.
Rather than having anomalous risk preferences; it looks like people have complexity aversion to "hard" decisions, especially on valuation, which drives behavioral anomalies. Herbert Simon ftw.
November 27, 2024 at 4:36 PM
it's gonna turn out that people maximize the utility of making a decision subject to the cost of the decisionmaking itself and we'll all just be back at neoclassical micro 101 but with a turducken of utility functions
Reposted by Graham Macklin
People have been puzzling over Scott Bessent's claim that tariffs can't be inflationary — which is, by the way, completely different from Trump's claim that foreigners will pay. The thing is, there is a kind of model here — one that is clear, consistent, and totally false 1/
November 26, 2024 at 1:23 PM
People have been puzzling over Scott Bessent's claim that tariffs can't be inflationary — which is, by the way, completely different from Trump's claim that foreigners will pay. The thing is, there is a kind of model here — one that is clear, consistent, and totally false 1/
Reposted by Graham Macklin
This is important: Trump's "across the board tariffs" will not be across the board. Companies and industries will besiege the administration asking for exemptions and carve-outs, which will be granted to the ones who find favor with the toddler emperor.
Good to see the Times picking up on a theme some of us have been hammering for a while: Trump's tariffs, and especially an opaque exemption process, will be an engine of massive crony capitalism 1/ www.nytimes.com/2024/11/23/u...
Trump’s Trade Agenda Could Benefit Friends and Punish Rivals
Donald Trump has a record of pardoning favored companies from tariffs. Companies are once again lining up to try to influence him.
www.nytimes.com
November 23, 2024 at 4:09 PM
This is important: Trump's "across the board tariffs" will not be across the board. Companies and industries will besiege the administration asking for exemptions and carve-outs, which will be granted to the ones who find favor with the toddler emperor.
Reposted by Graham Macklin
I wrote an intro to the literature on simple mechanisms. Out now in the JEP.
It’s a short (14-page) plain-language summary, designed to get students to the research frontier. 📈📉
pubs.aeaweb.org/doi/pdfplus/...
It’s a short (14-page) plain-language summary, designed to get students to the research frontier. 📈📉
pubs.aeaweb.org/doi/pdfplus/...
pubs.aeaweb.org
November 16, 2024 at 3:33 PM
I wrote an intro to the literature on simple mechanisms. Out now in the JEP.
It’s a short (14-page) plain-language summary, designed to get students to the research frontier. 📈📉
pubs.aeaweb.org/doi/pdfplus/...
It’s a short (14-page) plain-language summary, designed to get students to the research frontier. 📈📉
pubs.aeaweb.org/doi/pdfplus/...
Reposted by Graham Macklin
Insightful and important analysis of the returns and costs of tax audits across the income distribution by Boning, Hendren, and Sprung-Keyser (@bsprungkeyser.bsky.social) now in the QJE (@qjeharvard.bsky.social)
Recently accepted by #QJE, “A Welfare Analysis of Tax Audits Across the Income Distribution,” by Boning, Hendren, Sprung-Keyser (@bsprungkeyser.bsky.social), and Stuart: doi.org/10.1093/qje/...
A Welfare Analysis of Tax Audits Across the Income Distribution
Abstract. We estimate the returns to IRS audits of taxpayers across the income distribution. We find an additional ${\$}$1 spent auditing taxpayers above t
doi.org
November 16, 2024 at 4:42 PM
Insightful and important analysis of the returns and costs of tax audits across the income distribution by Boning, Hendren, and Sprung-Keyser (@bsprungkeyser.bsky.social) now in the QJE (@qjeharvard.bsky.social)
Reposted by Graham Macklin
Recent work by Stefanie Stantcheva confirms an old argument by Robert Shiller: people don't think of wage rises and price increases as part of a common process, they attribute wages to their own efforts and prices as an external imposition.
No doubt linked to downward nominal wage rigidity
No doubt linked to downward nominal wage rigidity
Alright here’s my first attempt at using #econsky for actual questions… I have seen the claim below in other places (eg ezra Klein).
What econ research, if any, provides evidence for this claim? Not now, just the idea in general that attribution works differently for wage increases and inflation?
What econ research, if any, provides evidence for this claim? Not now, just the idea in general that attribution works differently for wage increases and inflation?
It looks as if this place is becoming what Twitter used to be; for now, at least, we can post stuff to a sigificant audience without being overrun by trolls and bots.
For starters, here's my complete theory of the election, and probably my last word on the subject
For starters, here's my complete theory of the election, and probably my last word on the subject
November 15, 2024 at 2:11 PM
Recent work by Stefanie Stantcheva confirms an old argument by Robert Shiller: people don't think of wage rises and price increases as part of a common process, they attribute wages to their own efforts and prices as an external imposition.
No doubt linked to downward nominal wage rigidity
No doubt linked to downward nominal wage rigidity
Reposted by Graham Macklin
It is no exaggeration to say that the smearing of Adeel Mangi radicalized me. If this man doesn’t represent the best of America then I don’t know who we are. He must be confirmed. www.nytimes.com/2024/04/05/o...
November 12, 2024 at 10:59 PM
It is no exaggeration to say that the smearing of Adeel Mangi radicalized me. If this man doesn’t represent the best of America then I don’t know who we are. He must be confirmed. www.nytimes.com/2024/04/05/o...
Reposted by Graham Macklin
The conscious embrace and enabling of anti-vax by the GOP leaders, the ones who know better, is probably one of the most unambiguously evil things I’ve seen in my lifetime.
November 12, 2024 at 4:38 AM
The conscious embrace and enabling of anti-vax by the GOP leaders, the ones who know better, is probably one of the most unambiguously evil things I’ve seen in my lifetime.
Reposted by Graham Macklin
I’m in @tnr.bsky.social arguing for a full, alternate, message-disciplined competing vision of immigration pushed forcefully and cohesively by national Dems
The Democrats’ Shameful, Foolish Surrender on Immigration
Kamala Harris apparently believes—wrongly—that she has no influence on anti-immigrant sentiment in America, because she has effectively capitulated to MAGA messaging.
newrepublic.com
September 30, 2024 at 1:06 PM
I’m in @tnr.bsky.social arguing for a full, alternate, message-disciplined competing vision of immigration pushed forcefully and cohesively by national Dems
Reposted by Graham Macklin
water supplies are a) not a problem in the east b) a big problem in the west that could be more or less solved overnight by cutting livestock feed agriculture by like a fifth. data centers are a rounding error
September 18, 2024 at 1:35 PM
water supplies are a) not a problem in the east b) a big problem in the west that could be more or less solved overnight by cutting livestock feed agriculture by like a fifth. data centers are a rounding error
Reposted by Graham Macklin
So US taxpayers can send their subsidy money abroad instead of letting Chinese subsidy money put cheap solar panels on American rooftops.
The obsession with spending gov money to manufacture solar panels is nonsensical.
The obsession with spending gov money to manufacture solar panels is nonsensical.
"The U.S. solar manufacturing boom could be big enough to allow the country to soon become a net exporter of solar panels for the first time in decades." www.canarymedia.com/articles/sol... via Eric Wesoff
US solar manufacturing capacity has quadrupled thanks to climate law
The Inflation Reduction Act has sparked a boom in domestic solar panel manufacturing, though the U.S. still depends on China for certain steps of the supply chain.
www.canarymedia.com
September 10, 2024 at 12:43 AM
So US taxpayers can send their subsidy money abroad instead of letting Chinese subsidy money put cheap solar panels on American rooftops.
The obsession with spending gov money to manufacture solar panels is nonsensical.
The obsession with spending gov money to manufacture solar panels is nonsensical.
Reposted by Graham Macklin
Here is Vol. 1 of the Bluesky Energy & Environmental Economics starter pack.
If your account is still active at the Nazi Bar, feel free to share there to help get new feeds primed--there are a lot of people here!
Let me know if you'd like to be included in the next batch!
bsky.app/starter-pack...
If your account is still active at the Nazi Bar, feel free to share there to help get new feeds primed--there are a lot of people here!
Let me know if you'd like to be included in the next batch!
bsky.app/starter-pack...
August 22, 2024 at 2:38 PM
Here is Vol. 1 of the Bluesky Energy & Environmental Economics starter pack.
If your account is still active at the Nazi Bar, feel free to share there to help get new feeds primed--there are a lot of people here!
Let me know if you'd like to be included in the next batch!
bsky.app/starter-pack...
If your account is still active at the Nazi Bar, feel free to share there to help get new feeds primed--there are a lot of people here!
Let me know if you'd like to be included in the next batch!
bsky.app/starter-pack...
Reposted by Graham Macklin
Of all the examples to choose! A major contributor to the crisis was that utilities could not raise retail rates when their input costs went up.
Anticipating they were not going to be paid for their output, generators shut down.
Market power raised prices, but a *PRICE CAP* turned out the lights!
Anticipating they were not going to be paid for their output, generators shut down.
Market power raised prices, but a *PRICE CAP* turned out the lights!
Harris’s gouging proposal looks mild compared with the price-control hysteria. But some are writing as if gouging never happens. Has everyone forgotten about the California electricity crisis of 2001, in which power operators deliberately cut production to raise prices?
August 17, 2024 at 6:23 PM
Of all the examples to choose! A major contributor to the crisis was that utilities could not raise retail rates when their input costs went up.
Anticipating they were not going to be paid for their output, generators shut down.
Market power raised prices, but a *PRICE CAP* turned out the lights!
Anticipating they were not going to be paid for their output, generators shut down.
Market power raised prices, but a *PRICE CAP* turned out the lights!
Reposted by Graham Macklin
My blog post today digs deep on California's $4 billion rooftop solar cost shift, up more than 100% since 2020. Households now get ~20% of their electricity from tooftop PV. Those kWhs don't pay for most fixed costs of the grid and climate policies. energyathaas.wordpress.com/2024/04/22/c...
California’s Exploding Rooftop Solar Cost Shift
In 2024, residential PV will shift nearly $4 billion onto others’ bills, more than double the 2020 amount. There’s a lot of anger in California right now about rising electricity prices. Since 2020, r...
energyathaas.wordpress.com
April 22, 2024 at 11:26 AM
My blog post today digs deep on California's $4 billion rooftop solar cost shift, up more than 100% since 2020. Households now get ~20% of their electricity from tooftop PV. Those kWhs don't pay for most fixed costs of the grid and climate policies. energyathaas.wordpress.com/2024/04/22/c...
Reposted by Graham Macklin
“If we had been applying Leahy...like we do in other countries, maybe you wouldn’t have the IDF filming TikToks of their war crimes now because we have contributed to a culture of impunity,” said Josh Paul, a former director in the State Department"
www.propublica.org/article/isra...
www.propublica.org/article/isra...
Blinken Is Sitting on Staff Recommendations to Sanction Israeli Military Units Linked to Killings or Rapes
A special State Department panel told Secretary of State Antony Blinken that the U.S. should restrict arms sales to Israeli military units that have been credibly accused of human rights abuses. He ha...
www.propublica.org
April 17, 2024 at 10:28 PM
“If we had been applying Leahy...like we do in other countries, maybe you wouldn’t have the IDF filming TikToks of their war crimes now because we have contributed to a culture of impunity,” said Josh Paul, a former director in the State Department"
www.propublica.org/article/isra...
www.propublica.org/article/isra...
Reposted by Graham Macklin
old school political liberalism: still hits
February 23, 2024 at 11:51 PM
old school political liberalism: still hits
Reposted by Graham Macklin
wow, substantive reporting on this can be done! www.washingtonpost.com/politics/202...
Inside Biden’s five-hour face-off with the special counsel
The president’s attorneys felt the early October interviews went well, only to be stunned later by Hur’s disparagement of Biden’s memory
www.washingtonpost.com
February 11, 2024 at 12:06 AM
wow, substantive reporting on this can be done! www.washingtonpost.com/politics/202...
Reposted by Graham Macklin
NYPD allegedly punishes an officer for failing to excuse traffic violations by drivers with PBA cards—a corrupt practice. www.nytimes.com/2024/01/16/n...
An Idealistic Cop, a Forbidden Ticket and a Police Career on the Brink
Mathew Bianchi took routine traffic stops seriously and handed out tickets regardless of people’s connections within the Police Department. He says he was punished for it.
www.nytimes.com
January 16, 2024 at 5:57 PM
NYPD allegedly punishes an officer for failing to excuse traffic violations by drivers with PBA cards—a corrupt practice. www.nytimes.com/2024/01/16/n...
Reposted by Graham Macklin
People keep neglecting this point - one party winning forever is not a solution to the threats American democracy faces (it's both unrealistic and undemocratic in its own right). Absent dramatic change in the GOP, we need a credible path to a multi-party system protectdemocracy.org/work/the-tri...
January 11, 2024 at 1:02 AM
People keep neglecting this point - one party winning forever is not a solution to the threats American democracy faces (it's both unrealistic and undemocratic in its own right). Absent dramatic change in the GOP, we need a credible path to a multi-party system protectdemocracy.org/work/the-tri...