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Trump announces that a dividend could be dispersed to the American people from tariff revenue.
Read more: https://t.co/GrQBBMtOKm
Trump’s trade war is hurting most sectors of the economy https://www.bocvip.com/1001241/trumps-trade-war-is-hurting-most-sectors-of-the-economy/ #economics
BOCVIP · Trump’s trade war is hurting most sectors of the economy - BOCVIPTrump’s trade war is hurting most sectors of the economy
What are the primary drivers that are increasing the gap between capital income and wage income inequality in the US? https://www.bocvip.com/1001239/what-are-the-primary-drivers-that-are-increasing-the-gap-between-capital-income-and-wage-income-inequality-in-the-us/ #AskEconomics #economics
BOCVIP · What are the primary drivers that are increasing the gap between capital income and wage income inequality in the US? - BOCVIPI was discussing this on a recent post and RobThorpe gave me a very convincing writeup that the productivity-wage gap is primarily a measurement artifact, and
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Trump has said there was "sufficient reason" to believe Cook had made false statements on her mortgage.
Read more: https://t.co/ac4sc5DRd6
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The median age of first-time homeowners is now 38 years old, an all-time high.
Read more: https://t.co/SubCItCUxn
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Uber currently operates dozens of autonomous vehicles in Atlanta via the Uber app through its Waymo partnership and plans on expanding its fleet in the future.
Read more: https://t.co/0cB7e4ASRX
Trump tampering with Fed independence is risky for the economy, experts say https://www.bocvip.com/1001177/trump-tampering-with-fed-independence-is-risky-for-the-economy-experts-say/ #economics
BOCVIP · Trump tampering with Fed independence is risky for the economy, experts say - BOCVIPTrump tampering with Fed independence is risky for the economy, experts say
If we didn’t have rich people, would that eliminate a lot of non-essential services in the economy? https://www.bocvip.com/1001175/if-we-didnt-have-rich-people-would-that-eliminate-a-lot-of-non-essential-services-in-the-economy/ #AskEconomics #economics
BOCVIP · If we didn't have rich people, would that eliminate a lot of non-essential services in the economy? - BOCVIPMaslow's heirarchy of needs dictates that there is an order in which people seek out things to buy. Sustenance and security stand a top that list, while
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Employers are buried in AI-generated resumes.
Read more: https://t.co/VaSVqHxnKc
Unusual Whales - News · Employers are buried in AI-generated resumesEmployers are seeing a significant increase in AI-generated job applications, with LinkedIn currently processing around 11,000 applications per minute—a 45% increase compared to the previous year, according to new data reported by The New York Times.
The use of AI has introduced new challenges to the traditional hiring process, as large volumes of applications can now be generated automatically. Tools like ChatGPT have made it easier for job seekers to quickly tailor résumés to job descriptions
Fed governor Lisa Cook sues Trump over 'unprecedented and illegal' effort to fire her
lemmy.worldFed governor Lisa Cook sues Trump over 'unprecedented and illegal' effort to fire her - Lemmy.WorldFederal Reserve governor Lisa Cook sued Donald Trump on Thursday, the beginning
of a landmark legal battle over what she calls Trump’s “unprecedented and
illegal” efforts to remove her from the central bank and the committee that
makes decisions about the nation’s interest rates. Cook also seeks an emergency
temporary restraining order that would remain in effect “until such time as the
Court can further consider the merits of her claims.” In her lawsuit, Cook seeks
a “declaration that President Trump’s August 25, 2025 purported firing … is
unlawful and void and that Governor Cook remains an active member of the Board
of Governors of the Federal Reserve.”
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"I think that the conversation will take a while, but President Trump understands that having the world build AI on American tech stack helps America win the AI race," Huang said.
Read more: https://t.co/fbPNA3yPQp
Chief Economist is Now Warning A Third of The U.S. is Already in A Recession https://www.bocvip.com/1001117/chief-economist-is-now-warning-a-third-of-the-u-s-is-already-in-a-recession/ #economics
BOCVIP · Chief Economist is Now Warning A Third of The U.S. is Already in A Recession - BOCVIPChief Economist is Now Warning A Third of The U.S. is Already in A Recession
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Florida homeowners are experiencing high and increasing costs for homeowners insurance and HOA fees, making homeownership less affordable, especially in hurricane-prone areas.
Read more: https://t.co/CvsbklUb4i
What is the relationship between interest rates and inflation? https://www.bocvip.com/1001115/what-is-the-relationship-between-interest-rates-and-inflation/ #AskEconomics #economics
BOCVIP · What is the relationship between interest rates and inflation? - BOCVIPHey there guys. I’m just a 15 year old teenager who so happens just to like economics and politics about. During my research in macroeconomics, something that
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AI is breaking entry-level jobs that Gen Z workers need to launch careers, per NYT
Read more: https://t.co/szSC0DhSNK
Unusual Whales - News · AI is breaking entry-level jobs that Gen Z workers need to launch careersAs millions of students prepare to graduate this spring, their chances of landing that crucial first job—the one that kickstarts a career—appear increasingly uncertain.
Beyond a cooling economy burdened by tariff-related uncertainty, the rise of artificial intelligence is now threatening the entry-level roles that have long functioned as gateways into the workforce, according to Aneesh Raman, LinkedIn’s chief economic opportunity officer. In a recent op-ed for The New York Times, Raman compared
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ChatGPT usage linked to cognitive decline, according to MIT research quoted in the Hill
Read more: https://t.co/7ClAPzIwnc
Unusual Whales - News · ChatGPT usage linked to cognitive decline, according to MIT research quoted in the HillRelying on artificial intelligence tools like ChatGPT to write essays may weaken brain function, according to a new study from the Massachusetts Institute of Technology’s Media Lab.
The researchers divided participants into three groups: one that used ChatGPT, another that used search engines, and a third group that wrote unaided. Participants were then asked to write essays, while their brain activity was tracked using electroencephalography (EEG).
The findings were clear: those who leaned on
@economics-that-works
@academicchatter
15 min
I’m going to fast-forward to the short form on this. Steve Keen has thoroughly debunked the economic models developed by Nordhaus and others as mathematical and empirical garbage. In other words, the economic models are groundless junk.
Academics of all stripes need to understand the destructiveness of the orthodox economic department
Lisa Cook hints ‘clerical error’ to blame for any mortgage application discrepancy https://www.bocvip.com/1001041/lisa-cook-hints-clerical-error-to-blame-for-any-mortgage-application-discrepancy/ #economics
BOCVIP · Lisa Cook hints 'clerical error' to blame for any mortgage application discrepancy - BOCVIPLisa Cook hints 'clerical error' to blame for any mortgage application discrepancy
JUST IN: Uh oh?
Fed’s Waller has said: 'I am back on team transitory' regarding inflation
What if the US had Germany’s codetermination laws? https://www.bocvip.com/1001039/what-if-the-us-had-germanys-codetermination-laws/ #AskEconomics #economics
BOCVIP · What if the US had Germany’s codetermination laws? - BOCVIPParticularly the One-third representation act and the Co-determination act ?