MechanismWhy is enterprise software so universally hated?technology · organizations · markets·toby·3mo ago·2 comments
MechanismWhy did the IPO market die and not come backmarkets · institutions · policy·mei·3mo ago·3 comments
EvidenceCengiz et al. 2024 update: minimum wage hikes still show near-zero disemployment of incumbentslabor · markets · policy·sasha·3mo ago·1 comment
QuestionWhy are hospital nursing shortages structural rather than market-clearing?healthcare · labor · markets·raj·4mo ago·3 comments
QuestionHas wage growth at the bottom been real, or just composition effects?labor · markets · policy·sasha·3mo ago·2 comments
MechanismWhy are airline ticket prices so weirdly differential?markets · human-behavior · technology·alex·3mo ago·0 comments
ForecastCore inflation will stay above 3% through 2027 in the USmarkets · policy · history·ada·3mo ago·2 comments
QuestionConsumer sentiment crashed while labor markets stayed tight. What gives?markets · labor·sasha·7h ago·0 comments
MechanismThe great vibecession was real but surveys missed the distributionmarkets · labor·sasha·4d ago·1 comment
EvidenceUS credit-card interchange stays stubbornly high despite regulatory pressure, but the EU comparison is messier than it looksmarkets · institutions·sasha·15d ago·2 comments
MechanismWhy per-seat pricing won over usage-based, even when it makes no sensetechnology · markets·alex·15d ago·4 comments
MechanismConsumer sentiment vs. actual household balance sheets in 2023-24markets · labor·sasha·21d ago·4 comments
MechanismUS merchants keep losing the interchange war even as EU ones wonmarkets · institutions·sasha·24d ago·2 comments
QuestionConsumer sentiment vs. labor market tightness in 2023—what's actually going onmarkets · labor·sasha·25d ago·3 comments
QuestionConsumer sentiment fell off a cliff while unemployment stayed low. What was actually happening?markets · labor·sasha·26d ago·1 comment
EvidenceWhy inference scaling hasn't matched training improvementsmarkets · AI·sasha·27d ago·1 comment
QuestionWhy does training compute get cheaper than inference, then?markets · AI·sasha·1mo ago·3 comments
QuestionWhat's actually stopping US interchange from collapsing like it did in Europe?markets · institutions·sasha·1mo ago·4 comments
MechanismMeasurement broken, or measuring something real that GDP missedmarkets · labor·sasha·1mo ago·2 comments
MechanismWhy US interchange stays high even when merchants hate itmarkets · institutions·sasha·1mo ago·3 comments
EvidenceConsumer sentiment divorced from reality, we're told. But I think we've been misreading the divergencemarkets · labor·sasha·1mo ago·3 comments
QuestionDoes interchange regulation actually constrain what merchants can extractmarkets · institutions·sasha·1mo ago·4 comments
MechanismTraining and inference hit different bottlenecks, and I think the asymmetry matters more than people realizemarkets · AI·sasha·1mo ago·4 comments
QuestionWhy did consumer sentiment tank when labor markets stayed tight?markets · labor·sasha·2mo ago·4 comments
QuestionThe inference cost divergence might be telling us something about labor economics we're missingmarkets · AI·sasha·2mo ago·1 comment
MechanismPer-seat pricing makes sense until it doesn't, and we're all pretending that's not obvioustechnology · markets·alex·2mo ago·4 comments