Zach Liscow
@zliscow.bsky.social
6.8K followers 350 following 87 posts
Economist & lawyer. Professor at Yale Law School: economic and tax policy, infrastructure costs. Formerly OMB Chief Economist. https://law.yale.edu/zachary-liscow
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zliscow.bsky.social
🚨NEW RESULTS (w/ Slattery & Nober)
- When gov't engineers retire, highway projects cost more: the engineers pay for themselves 6 times over
- Improving gov’t engineer quality from the 25th to 75th percentile reduces costs by 14%, equal to 3x avg. engineer pay

Paper: papers.ssrn.com/sol3/papers....
Reposted by Zach Liscow
arpitrage.bsky.social
Connecticut is going to spend $1 billion on a moveable bridge to serve *one* boat that goes up and down the river.

The Army Corps of Engineers was inflexible on this issue despite the cost bloat. Should be a go to example for “marble cake federalism.”

By @zliscow.bsky.social interviewed by Ruiz
Reposted by Zach Liscow
davidgamage.bsky.social
On Sep 24 (Wednesday), Ed Fox (Michigan), Zach Liscow (Yale) and Michael Love (Columbia), will present the draft paper, “Corporate vs. Pass Through Taxation: the Role of Economic Rents and Legibility”, at the Mizzou Law Tax Policy Colloquium, from 2:00 to 3:15 pm Central Time. 1/
zliscow.bsky.social
🚨New paper! I propose specific actions to reform permitting, balancing a reduction in back-end litigation with more robust and inclusive front-end planning, preserving core values while adapting to modern needs.

www.brookings.edu/articles/ref...
Reforming permitting to build infrastructure | Brookings
This paper proposes legislative actions to reform environmental policy regulations which made building U.S. infrastructure expensive and slow.
www.brookings.edu
Reposted by Zach Liscow
zyudhishthu.bsky.social
The US has a lot of lawyers per capita, and unsurprisingly it has a lot of lawsuits per capita, which probably matters for our ability to build things. Info by way of @zliscow.bsky.social
pubs.aeaweb.org/doi/pdfplus/...
Reposted by Zach Liscow
ronpdavis.bsky.social
Fantastic talk on cutting transit construction costs and getting lots more great transit with @zliscow.bsky.social, @stephanie-pollack.bsky.social and @egoldwyn.bsky.social at @yimbytown.bsky.social.
Reposted by Zach Liscow
jeffrlin.bsky.social
Check out our conversation on Densely Speaking with Zach about this research from earlier this year. @gregshill.com

open.spotify.com/episode/6HcN...
Reposted by Zach Liscow
econcunningham.bsky.social
This is a really important paper. American infrastructure is expensive because we outsourced the capacity design (or perhaps even bid) effectively.
zliscow.bsky.social
🚨NEW RESULTS (w/ Slattery & Nober)
- When gov't engineers retire, highway projects cost more: the engineers pay for themselves 6 times over
- Improving gov’t engineer quality from the 25th to 75th percentile reduces costs by 14%, equal to 3x avg. engineer pay

Paper: papers.ssrn.com/sol3/papers....
Reposted by Zach Liscow
kmthurman.bsky.social
The implication of the outsourcing of state capacity loom large over this paper. The results are clear but it’s more impactful if you read between the lines
zliscow.bsky.social
🚨NEW RESULTS (w/ Slattery & Nober)
- When gov't engineers retire, highway projects cost more: the engineers pay for themselves 6 times over
- Improving gov’t engineer quality from the 25th to 75th percentile reduces costs by 14%, equal to 3x avg. engineer pay

Paper: papers.ssrn.com/sol3/papers....
Reposted by Zach Liscow
natanael.bsky.social
Investing in competence pays off, another result "cost cutting" conservatives don't understand
zliscow.bsky.social
🚨NEW RESULTS (w/ Slattery & Nober)
- When gov't engineers retire, highway projects cost more: the engineers pay for themselves 6 times over
- Improving gov’t engineer quality from the 25th to 75th percentile reduces costs by 14%, equal to 3x avg. engineer pay

Paper: papers.ssrn.com/sol3/papers....
Reposted by Zach Liscow
ndhapple.bsky.social
Hello!
zliscow.bsky.social
🚨NEW RESULTS (w/ Slattery & Nober)
- When gov't engineers retire, highway projects cost more: the engineers pay for themselves 6 times over
- Improving gov’t engineer quality from the 25th to 75th percentile reduces costs by 14%, equal to 3x avg. engineer pay

Paper: papers.ssrn.com/sol3/papers....
Reposted by Zach Liscow
cfcamerer.bsky.social
Tl;dr Engineers print money
zliscow.bsky.social
🚨NEW RESULTS (w/ Slattery & Nober)
- When gov't engineers retire, highway projects cost more: the engineers pay for themselves 6 times over
- Improving gov’t engineer quality from the 25th to 75th percentile reduces costs by 14%, equal to 3x avg. engineer pay

Paper: papers.ssrn.com/sol3/papers....
Reposted by Zach Liscow
stevecicala.bsky.social
Wow, this is fantastic.
zliscow.bsky.social
🚨NEW RESULTS (w/ Slattery & Nober)
- When gov't engineers retire, highway projects cost more: the engineers pay for themselves 6 times over
- Improving gov’t engineer quality from the 25th to 75th percentile reduces costs by 14%, equal to 3x avg. engineer pay

Paper: papers.ssrn.com/sol3/papers....
Reposted by Zach Liscow
bikepedantic.bsky.social
Rhetorical question: What do we think is going to result from the culling of experienced engineers (and other subject matter experts) at the Fed level too?
zliscow.bsky.social
🚨NEW RESULTS (w/ Slattery & Nober)
- When gov't engineers retire, highway projects cost more: the engineers pay for themselves 6 times over
- Improving gov’t engineer quality from the 25th to 75th percentile reduces costs by 14%, equal to 3x avg. engineer pay

Paper: papers.ssrn.com/sol3/papers....
Reposted by Zach Liscow
robertcruickshank.com
Key point for those of us trying to figure out ST3 costs. State capacity is a key piece of the puzzle.
zliscow.bsky.social
🚨NEW RESULTS (w/ Slattery & Nober)
- When gov't engineers retire, highway projects cost more: the engineers pay for themselves 6 times over
- Improving gov’t engineer quality from the 25th to 75th percentile reduces costs by 14%, equal to 3x avg. engineer pay

Paper: papers.ssrn.com/sol3/papers....
Reposted by Zach Liscow
dawe.bsky.social
Probably true in Canada and for more than just highways I would reckon
zliscow.bsky.social
🚨NEW RESULTS (w/ Slattery & Nober)
- When gov't engineers retire, highway projects cost more: the engineers pay for themselves 6 times over
- Improving gov’t engineer quality from the 25th to 75th percentile reduces costs by 14%, equal to 3x avg. engineer pay

Paper: papers.ssrn.com/sol3/papers....
Reposted by Zach Liscow
spokanerising.com
Hmmm, maybe we should hire in-house civil engineers instead of relying on massive multinational consulting firms to do our work for us?

Imagine that!
zliscow.bsky.social
🚨NEW RESULTS (w/ Slattery & Nober)
- When gov't engineers retire, highway projects cost more: the engineers pay for themselves 6 times over
- Improving gov’t engineer quality from the 25th to 75th percentile reduces costs by 14%, equal to 3x avg. engineer pay

Paper: papers.ssrn.com/sol3/papers....
zliscow.bsky.social
🚨NEW RESULTS (w/ Slattery & Nober)
- When gov't engineers retire, highway projects cost more: the engineers pay for themselves 6 times over
- Improving gov’t engineer quality from the 25th to 75th percentile reduces costs by 14%, equal to 3x avg. engineer pay

Paper: papers.ssrn.com/sol3/papers....
Reposted by Zach Liscow
erikamcentarfer.bsky.social
It has been the honor of my life to serve as Commissioner of BLS alongside the many dedicated civil servants tasked with measuring a vast and dynamic economy. It is vital and important work and I thank them for their service to this nation.
zliscow.bsky.social
🚨NEW PAPER🚨 w/ Elmendorf & Hubbard. We find:
- Growth-enhancing policies almost certainly cannot stabilize federal debt on their own
- But such policies can reduce the tax hikes/spending cuts needed to stabilize debt
- We need more research here

Paper: papers.ssrn.com/sol3/papers....
Reposted by Zach Liscow
gregshill.com
🚨 New episode of Densely Speaking pod! @jeffrlin.bsky.social and I interview Yale Law prof & former Chief OMB Economist @zliscow.bsky.social about his paper, Procurement and Infrastructure Costs.

Spotify: open.spotify.com/episode/6HcN...

Apple: podcasts.apple.com/us/podcast/d...
S4E6 - Procurement and Infrastructure Costs (Zach Liscow)
Densely Speaking · Episode
open.spotify.com