By: Lizard Man
Noah Smith refers to the immigrants showing up and claiming asylum in spite of the low odds that they have a valid claim “asylum spammers”. We need some sort of short phrase to describe the large...
View ArticleBy: ssumner
dtoh, Why would wages impact productivity? Edward, Well, I do follow Razib Khan, so you got that right. JT, Wouldn’t seasonal adjustment mostly handle that? Lizard, Good point.
View ArticleBy: TravisV
Prof. Sumner, Compared to most Americans, your foreign policy view is relatively dovish re: China. So I’m curious what you make of this argument:...
View ArticleBy: Junio
I’m not Scott (sorry!) but the relevance of whether war in Taiwan could be more likely due to US failure to fund Ukraine, less so Israel, has some merit I suppose. If China’s expectations changes, in...
View ArticleBy: dtoh
Scott, If real wage costs have risen relative to the cost of investment in labor saving equipment and processes, won’t firms accelerate their investment in those equipment and processes. And… depending...
View ArticleBy: ssumner
Travis, You said: “US failure to fund Ukraine and Israel could make war in Taiwan more likely”” I agree, and I’d add that Ukraine is more important, as Israel is capable of taking care of itself....
View ArticleBy: Michael Sandifer
Why is it that so many pro-Russia, anti-China right-wingers fail to realize that Russia and China are allied, along with Iran and North Korea, against US interests in many respects? Weapons from...
View ArticleBy: Junio
“That’s certainly true of the GOP, and it’s obviously not justified.” I’m not too confident on the last part. I’ve become more ambiguous, partly thanks to you. Perhaps as time passes, I’ll come to...
View ArticleBy: Matthias
Scott, that harvard.edu email address could at most fool you, because the email addresses are hidden from the public. Btw, I wish you would go the way of the other Scott, Scott Alexander, and just ban...
View ArticleBy: Ken V
Another great post. You were one of my favorite professors at Bentley and I too have thought for years that Sam Harris is the only person who represents my political views. You saying the same makes me...
View ArticleBy: dtoh
Scott, >You’d want to consider why wages rose—was it due to productivity or government mandate? Maybe there was a lot of stickiness at the low end of the wage scale. And maybe Covid loosened it up.
View ArticleBy: Effem
Off topic but it’d be great to get your thoughts on David Andolfatto’s recent blog post re: whether higher rates can be stimulative.
View ArticleBy: Scott Sumner
Junio, I blame nationalism. But I suppose that just pushes the question back one step—what caused nationalism? Matthias, I do ban some people. I agree there’s a good argument for Scott’s approach, but...
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