Stanford Institute for Economic Policy Research

Why is buying heroin easier than hiring a hitman? @TheEconomist this week wrote about a new book, Moral Economics, by Alvin Roth, Nobel laureate and SIEPR senior fellow, that looks at markets for "repugnant transactions." Here, Roth explains all: youtube.com/watch?v=hrE6vi…

Kevin Warsh, longtime @HooverInst fellow, will take over as Federal Reserve chair tomorrow. SIEPR's @JohnHCochrane has a terrific piece on all that Warsh is up against in his new role (#stagflation, anyone?). Link👇

Roth and Mahoney explore several key themes, including: → How morality & religion influence markets → Incongruent laws: Germany vs. the U.S. → The economics of kidney exchange → When bans don’t work → Designing markets — from prostitution to Uber

Sex, drugs & surrogacy: Nobel Prize-winning Stanford economist Alvin Roth explains markets for “repugnant transactions” and how morals and religious beliefs shape them, for good and bad, in this episode of Econ To Go w/ host @NealeMahoney: siepr.stanford.edu/av/Econ-To-Go-…

🆕 Declines in student math and reading scores aren't just a pandemic phenomenon. Students started struggling long before 2020, according to a new report by SIEPR's Sean Reardon and others. Free link: nytimes.com/2026/05/13/ups…

Turns out, America's streets aren't paved with gold. This and other myths about U.S. immigration, from Stanford economist Ran Abramitzky: tinyurl.com/43m6uvnx #ImmigrationDebate

(3/3) Bernstein and Posthumus present the evidence: The #vibecession isn't just about rising inflation. It's also about #affordability and consumers' memories of sharp rise in prices during the pandemic.

(2/3) siepr.stanford.edu/publications/p…

🆕 The missing piece of the puzzle as to why negative #consumersentiment persists and how to revive it, from Jared Bernstein (@econjared), former chair of White House Council of Economic Advisers, and @danielposthumu2. Link ⬇️

Does AI's disruption call for a #computetax to offset job losses and slow the technology's growth? @WSJ explores why the idea is gaining traction. SIEPR's @erikbryn, also @DigEconLab, notes the current tax system rewards employers' AI adoption. Free story link👇#FutureofWork

📺Just about everything you need to know about the #economy's mixed signals is in the short video below. SIEPR's @nealemahoney weighs in on the AI-fueled stock market, jobs, groceries, childcare, healthcare and more. ⬇️ #AI #Jobs #Childcare #Affordability #Healthcare

@MakeUSAVAT I put together a qualitatively similar reform with John Shoven of @SIEPR, although I prefer how we did it (a smoother transition in the effective retirement age across income levels). siepr.stanford.edu/publications/p…

Mark your calendars! #StanfordDayofGiving is May 13–14, when gifts to SIEPR will be matched dollar for dollar up to $5,000. Help support our groundbreaking economics research and next-generation programs. Learn more: tinyurl.com/5n8ttrn7 #CardinalGives

⚠️Trump policies will squeeze average household budgets by more than $1,100 this year, per @SIEPR researchers👇. Middle-class hit hardest by #gasprices & #tariffs despite #OBBBA tax refunds.

Host @NealeMahoney and Abramitzky explore several key themes, including: → The top myths around immigration → The surprising upward mobility of immigrants and their children → Ways of measuring cultural assimilation → Facts on immigrant crime → Lessons for policymakers → Sushi and pizza as signals

Do immigrants commit more crimes? Separating fact from fiction in the immigration debate is tricky, but not for @StanfordEcon's Ran Abramitzky. In a new episode of SIEPR's Econ To Go, he discusses what 100+ years of data actually say about immigrants past and present: siepr.stanford.edu/av/Econ-To-Go-…