Yoni Appelbaum

yappelbaum.bsky.social

16 June 2025 21:46

The most important graph you'll see today. As large blue-state metros choked off growth with zoning, red-state metros kept building cheap suburban housing. But now, that's changed, as homeowners in those states have mastered the art of blocking development, too. The result? Prices are spiking.

Catherine Rampell

crampell.bsky.social

26 November 2024 18:30

Tfw you forget you’re the one who signed the USMCA (oops!) www.reuters.com/world/us/tru...

Adam Gurri

adamgurri.liberalcurrents.com

25 November 2024 20:20

Translation: 1. Tariffs make everyone poorer 2. Poorer people spend less money 3. Spending more money is what causes prices to go up 4. Therefore tariffs will not cause prices to go up (except on the things the tariffs are on)

Paul Goldsmith-Pinkham

paulgp.com

23 November 2024 21:30

In order to add some clarity on why the answer is just "use robust SE", here's a simulations that follow Abadie et al.'s paper "When Should You Adjust Standard Errors for Clustering?" This is pure random assignment of treatment. Cluster SE are way too big, and robust SE are close.