Mark Huberty

@ChrisDiehl Not so. theguardian.com/science/2016/d…

@ChrisDiehl No, they're working on that. arxiv.org/pdf/1702.06683…

@gutelius yep.

@beaucronin dunno, longer conversation needed. But I think incidence, severity likely very noisy, and TFP measurement hard to begin with

@beaucronin I think it's real but not measureable. Too many other factors (ai/automation, bad econ policy, health) with big effects

@treycausey always wondered how long they'd play that game. Rode the culture war tiger to victory for awhile, but now it's bit them (and us)

@beaucronin nationalpriorities.org/interactive-da…

@beaucronin FYI you might want to look at the irs receipt proposal, trying to get people to see how tax dollars spent.

@beaucronin oh no.

@beaucronin lack of preparation astounding. Then again, D's lost states for 30 years running and did nothing, so not sure why I'm surprised

@beaucronin And it's not like it would have been radically better in a different R admin. Current admin = same policies with less shame

@beaucronin Yeah, it's unreal to me. Everything about this is so far off the rails.

@beaucronin no, sorry. Had an EPA grant, allowed me to do my research and finish. Can't imagine what current grantees are going through

@beaucronin yeah. Also, this was me four years ago. EPA star Grant. Lots of good work there. Stupid. Rounding error on the budget.

Keynes, on pre-WWI Europe. Could be talking about today. Not a pleasant thought. fee.org/articles/quote…

@treycausey yes, all of this.

9. @dsquareddigest By 70s, cycle has undermined UK capital investment/firm restructuring too long, industry highly uncompetitive.

9. @dsquareddigest Labor (and, occassionally, Tories) try Keynesianism ("go") like French, run into BoE ("stop") and exchange rate policy.

8. @dsquareddigest Postwar this means mgmt, labor badly organized for major recapitalization. BoE favors foreign debts and sterling.

7. @dsquareddigest And residual empire through WWII provides market insulated from other major industrial powers, esp. Germany.