With Outlook servers down, I’m holding out some hope that all my incoming emails with the usual requests and useless updates are lost forever.
Jonathan A. Parker
@ProfJAParker
Economist. See my MIT webpage to verify that this is me. Evidence-based economics and finance and humor. I do not endorse any cryptocurrency investment.
303 Following 12K Followers 11K Posts
Latest posts 5
We have to roll back Trump’s advancing socialist agenda
Wild to me that every week, the US sovereign wealth fund is buying up chunks of private companies with my tax dollars and there’s zero coverage or fanfare. As far as I know @CatoInstitute is the only place you can even find out what we bought this month. cato.org/restoring-free…View quoted post on X
Is private credit a financial-stability menace, or just banking in nicer clothes? Two excellent new JEP papers suggest: it is important, growing, useful, and -- as I read it -- reasonably safe despite frothy markets these days.
I care about affordability & our planet. We need much more reform than BAAJA, but it’s a good start.
“… under our status quo laws, a transmission line that started permitting in 2006 to connect wind power in New Mexico to customers in California was finally completed *in 2026.*”
“… under our status quo laws, a transmission line that started permitting in 2006 to connect wind power in New Mexico to customers in California was finally completed *in 2026.*”
Stopping climate change requires massive increases in clean energy by the 2040s.
That will take electrical transmission lines connecting places with the best sun, wind, and geothermal to population centers.
But under our status quo laws, a transmission line that started permitting in 2006 to connect wind power in New Mexico to customers in California was finally completed *in 2026.*
17 years of permitting and lawsuits, 3 more years to build. And that was under the federal government's "fast-track" process.
If we don't pass BAAJA, the clean power infrastructure we start today won't get done until it's too late. If we pass BAAJA now, it'll be done during the next administration.
If we can't stop climate change because we have to preserve every lawsuit, paperwork and procedure, we've lost the plot.View quoted post on X
Consumers recently say one thing and do another (from Torsten Slok at Apollo )
