ECONOMICS
Economy – The Conversation
The tightly integrated North American beef market, under pressure from drought and the spread of the screwworm, could get further roiled by trade uncertainty.
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ECONOMICS
Marginal REVOLUTION
The consequences of online regulations depend on the extent to which users can circumvent restrictions or substitute toward noncompliant platforms. Since 2023, 25 U.S. states have implemented age verification laws tha...
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ECONOMICS
Marginal REVOLUTION
1. On trading with AIs. 2. A treasury of book dedications. 3. Abdullah Ibrahim, RIP (NYT). 4. One part of the Iran equilibrium. 5. Economists report on Fable 5. 6. Another estimate of the productivity gains from AI. 7...
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ECONOMICS
Marginal REVOLUTION
In 2024, China’s NMPA approved 83 new drugs, the FDA approved 50. China’s share of new commercial clinical trials jumped from 8% globally in 2013 to 30% in 2024, just behind the US at 35%. Last year, China-based Jiang...
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ECONOMICS
Marginal REVOLUTION
Is it really all about the networking? Some people think so, and they are taking action: Justin Helman didn’t get his dream acceptance from the University of Florida. But that isn’t stopping him from pursuing the...
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ECONOMICS
Marginal REVOLUTION
Most of my Free Press column deals with Mythos, but here are some remarks on Europe: There is yet another huge problem behind all these first-order problems. Let us say, for instance, that France’s Mistral AI develops...
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ECONOMICS
Marginal REVOLUTION
Perhaps rewatching The Omen is better prep for this movie than thinking about UFOs? In this regard Disclosure Day is somewhat more interesting than I had been expecting. Peter Thiel, Ross Douthat, telephone! And...
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ECONOMICS
Marginal REVOLUTION
Champions of a European AI model should ask themselves if a European effort would be more effective than Meta, which this year will spend more on chips ($125 billion) than Germany spends on defense ($114 billion) and ...
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ECONOMICS
Economy – The Conversation
A key challenge for the Federal Reserve is that higher gas prices are inflationary, but they also reduce households’ spending power and dampen growth.
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