Justin Wolfers
@justinwolfers
Economists call this diminishing marginal utility. The first dollars change your life. The billionth doesn't. So the argument stops being about consumption and starts being about power.
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Some simple economics of the Met Gala: $42 million raised sounds enormous. It is. But economics is about compared with what? If the Met Gala creates far more value for fashion brands than for the museum, then the ticket price is probably too low.
If men's job growth is lagging, one response is straightforward: move toward the occupations that are growing. Labor markets change. Successful workers and societies adapt to those changes. Check out the full analysis: https://newsletter.platypuseconomics.com/p/the-pink-collar-economy-is-here
The problem with a gas tax holiday? Lower gas prices encourage more driving. If the goal is relief, send checks based on last year's gas spending instead. Similar help for households, without increasing demand.
The striking claim here isn’t just that AI is useful. It’s that it may be ‘industrial revolution’ scale. If that’s even half right, the issue isn’t one occupation. It’s how work gets reorganized across the economy.
Fed chair: one of the rare jobs where a bad call can echo through the entire world economy. So yes, I am old-fashioned enough to think boyish good looks and "no regrets" might be underqualified.
Debt by itself is a lousy guide. A $500,000 mortgage can be manageable or terrifying depending on salary, rates, and future earnings. Same with countries: the real question isn’t “how much debt?” but “can they carry it?”
Social Security isn't a lockbox problem — it's a demographics problem. Fewer young workers, more retirees. That's the math. Simple, but not easy to fix.
Why do economists obsess over uncertainty? Because waiting is easy. If the news might clear soon, firms delay big irreversible decisions. Multiply that across the economy and growth softens.
Deficits aren’t automatically virtuous or villainous. They’re a tool. The sensible question isn’t “deficit: good or bad?” It’s “what problem is it solving?” Econ is annoyingly context-dependent like that.
"If we don't have immigration and population growth, the number of people who can pay off that debt just went down." That's the key mechanism.
Hawks center Jock Landale (high right ankle sprain) will miss at least two weeks against the Knicks in the playoffs. Landale was injured by Magic center Goga Bitadze on April 1. He averaged 10.6 points on 52% from the field and 38% from 3-point range with 5.7 rebounds this season.
93% of Frontline NHS staff Report Abuse! If you’ve been targeted, don't stand alone. ✊ https://www.workersofengland.co.uk/news/violence-against-nhs-workers-pt-1 #NHS #WorkplaceSafety #WorkersRights #WEU #Violence #FrontlineWorkers #TradeUnion
For this #InternationalDayofEducation, take advantage of Wolfram U's interactive courses, training and certifications in a wide range of computational fields. From Data science, to machine learning, LLMs to mathematics... we have your learning journey covered! https://www.wolfram.com/wolfram-u
Today marks 77 years of the Council of Europe 🎉 Since 1949, it has united 46 countries around human rights, democracy and the rule of law, creating a common legal space for 700+ million people. 77 years of human rights in practice.
Sen. Kennedy asks if Europe should give Ukraine the $300B in frozen Russian assets and whether America should sell weapons to Taiwan. Yes. Democracies cannot survive by hesitating while authoritarian regimes invade neighbors, threaten allies, and test the limits of our resolve. Vote Democrat.💙
comprendre les expressions françaises : prendre un râteau tags : appropriation culturelle, jardin japonais, calligraphie éphémère, #gardening #art #geometry #drawing #philosophy
It gotta be some of the craziest things I’ve seen this playoffs. Danault saved the game right here. 🤯 Subscribe 👉 @funny_as_puck #Hockey #NHL
I got called a "foid" for the first time today 💔 twitch.tv/salpo_nolobio
Some jokes only make sense once the future catches up. #AllEyesonIran
Zelenograd’s Elma Technopark, home to the highly restricted "Mikron" microelectronics plant, was also targeted. Mikron is Russia’s top manufacturer of domestic microchips for military optics and smart circuitry. Geolocated footage shows a massive blaze inside the tech zone.
QChiseled dudes are raising money by crushing watermelons with their thighs. If they hit $200k, Dr. Rubin has to try it too! Heart disease is the #1 killer of women, but symptoms like fatigue, nausea, & back pain are often ignored. Share widely to improve lives everywhere!
Exponent Edge Flex Wedge Preview (Adjustable Calf Block) #homegym #garagegym #exponentedge
2/2 Wo bleibt unsere Wut und Solidarität? Sonntag neue Folge She Drives Mobility u. a. mit @raulkrauthausen.bsky.social und Arne von Via, die diesen Service technisch organisiert hatten. Schon abonniert?
Zeldin said Gore declared "global freezing." The host, an actor, said that. Gore immediately said No. No. No. Zeldin put the actor's words in Gore's mouth. That's not a mistake. That's a paid service for Big Oil. #ClimateScience #AMOC #EPA
Do you have time to look at some retro gadgets? Well, another way of saying it is, do you have time to.... inspect a gadget? I absolutely LOVED making this one. I hope you like it. Go, gadget, go!
Ana Kasparian points out that Democratic Senators Rosen ($7.6M), Schumer ($6.4M), and Cortez Masto ($3.2M) voted against blocking military sales. She demonstrates that the financial influence of donor groups is the primary driver of 2026 foreign policy. 📉⚖️
When the time came for Manuel and his wife to start transitioning into retirement, they reached out to their local TWO MEN AND A TRUCK professionals for help with the heavy lifting into their new dream home! #twomenandatruck #newhome #moving
“You did it… Champions go on, when others stop. This is your time…. Now go on, and enjoy every moment” (Arsene Wenger) (Via official David Seaman) #Arsenal #Gunners #AFC #Champions #EPL #PremierLeagueChampions @arseblog.com @gunnerblog.bsky.social @arsenalvisionpodcast.com @dailycannon.com
Video shows a seaplane making an emergency landing on a Phoenix roadway after engine trouble. The pilot managed a fairly smooth landing, missing utility lines and traffic lights.
Iran claimt dat er een deal in de maak is waarbij Iran en Oman de controle over de Straat van Hormuz krijgen en de VS hun militaire aanwezigheid terugtrekt. Is dat volgens voormalig diplomaat Ron Keller een realistische uitkomst van de vredesonderhandelingen? #pauwendewit
That Gretzky quote "You miss 100% of the shots you don't take" is so true for career pivots. 🤔 It inspired my latest Content Mavericks Club ep after chatting with @ellieknowler.bsky.social about her courageous career change: https://youtu.be/KOCdIL6DKg4 #CareerChange #ContentMavericksClub
Copiei da Ju cerasoli kkkkkkkkkkk Russell falando na coletiva agora, do lado do Kimi, que não se ultrapassa por fora naquela curva em que o Antonelli tentou. "Parabéns por ele por ter tentado". "Nem foi investigado e isso diz tudo". Imagina a cara do italiano. Amooooooooo
Its rare to hear a perspective about the way Australian foreign policy conflicts with the shared values of our region. Ambassador Geoff Raby joins @Boganintelpod to discuss this and other unique perspectives you wont find on @abcnews 'Insiders'. Full episode in comments 👇
Start-Fiasko bei #24hNürburgring! Abt-Lamborghini verliert trotz Doppelpole, doch Bortolotti & Co. holen sich spektakulär Platz zwei! 🔥 Aber was passierte im Team? Hat ein Kollege das Chaos verursacht? 🤔 #Lamborghini #Motorsport Deine Gedanken? 💬👇
NAME THIS PERSON, YOU MAY HAVE SEEN HER IN VIRAL SHORTS & CONTENT VIDEOS #GuessWho #ViralShorts #NameThisPerson #Trending #CreatorChallenge
#indiegame #indiedev #godot have been working on different functionalities of the game.
Qual o soulslike que mais se afasta de Dark Souls que você já viu? Temos inúmeros clones do jogo da FromSoftware em tudo quanto é videogame. A fórmula de fantasia medieval sombria em terceira pessoa super exótica é a mais usada. Esse aqui apresenta um estilo BEEEM diferente!
Speaking of, yesterday was his husband Jaymes's birthday. Jonathan posted this to IG. Caption and reply in the next post. 🤭 (1/2)
Ivanti Neurons is now live. This upgrade to the National Service Desk Self Service platform brings a more user-friendly experience, improved knowledge resources, and better ways to log and track IT support requests. Read more bit.ly/4sP9Ea0 #DigitalForCare
At both the state and local level, it's time to phase out honors for Cesar Chavez and replace them with honors for Dolores Huerta, a true hero of the labor and human rights movements. Kudos to State Reps. Angie Cuellar and Edgar Gonzalez, Jr., for starting this effort.
Every step you take helps build the future of the InterLink ecosystem. In Web3, trust is earned through real participation. By completing missions, verifying your identity, and staying active in the community, you strengthen the Human Network and unlock new opportunities. #InterLink #ITLG #ITL
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We have Bryde’s whale action in Australia! 9/12/25 Fabulous sightings from yesterday. The Australian Bryde’s Whale Catalogue is in full swing and so is citizen science effort to learn more about this species in Australian waters! #scicomm #brydeswhale #australia #abwc
BLOCK off your Wednesday and Saturday nights because we've got two more at home this week 😏
With @jackslackmma.bsky.social talking about Phil Davis' hammerlock finish of Tim Boetsch but not remember the exact opponent, figured I'd show it off. Davis was a very frustrating fighter to watch, but I loved his ground work so much.
In a now-deleted video, Trump made his priorities clear: He'd rather spend money on bombs than taking care of Americans.
Just repotted and tended to all my plants. I’m SWEATING in this FL devil’s heat 🥵