Justin Wolfers
@justinwolfers
Pete Hegseth’s focused on the cost of the bomb. I’m more interested in the size of the economic crater. And that crater may be 10 to 100 times larger. For many families, that translates into thousands — perhaps tens of thousands — of dollars.
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More from Justin Wolfers
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Here’s the thing—especially on April 15: cutting the IRS isn't some abstract budget trim. It's a tax cut delivered through weaker enforcement. And it mostly goes to people with the...
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Sen. Warren: "Did Donald Trump lose the 2020 election?" Handsome Kevin: "ummm... errr... " His response raises real questions about whether Warsh is independent of the President a...
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"You can't say the cost of a puppy is $200 because that was the adoption fee." The Pentagon's $25B price tag does exactly that — it ignores veterans' care, disability payments, and...
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Announcing: Platypus Economics — a Substack, YouTube channel, and podcast built around one idea: Economics is one of the most useful, surprising, and weirdly beautiful subjects in...
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Optimism is not a policy tool. If there’s no clear timeline for resolution, energy markets will price in uncertainty. And uncertainty is costly because firms can’t plan and househo...
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I am a very serious economist with very serious thoughts about the future of the United States.
Care work is often treated as somehow less "real" than making tangible goods. Nonsense. It's physically demanding, emotionally demanding, and often highly skilled. That's real work, mate. Check out the full analysis here: https://newsletter.platypuseconomics.com/p/the-pink-collar-economy-is-here
A windfall profits tax sounds great as a one-off. But once investors expect it to happen again, it's no longer a windfall tax—it's just a profits tax. And that can discourage the investment you actually want.
Sen. Warren: "Did Donald Trump lose the 2020 election?" Handsome Kevin: "ummm... errr... " His response raises real questions about whether Warsh is independent of the President and if he has the courage to tell hard truths.
Private credit now wants retail money: because apparently the lesson from finance was, 'What if we made shadow banking available in family size?'
Even if Middle East tensions ease, futures markets are signaling oil prices will stay elevated for months — maybe years. That's the "Iran tax." And it's not going away anytime soon, regardless of what the White House says about prices coming down.
"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.
As incomes rise, spending patterns change. People don't keep buying more wheat or endless washing machines. They spend more on health care, education, child care, and aged care. Check out the full analysis here: https://newsletter.platypuseconomics.com/p/the-pink-collar-economy-is-here
A B+ economy with a recession-sized deficit is like showing up to a Sunday barbecue in full scuba gear. Technically you’re dressed, but something doesn't add up.
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.
Grant @markhamillofficial.bsky.social TV Show: The Boondocks Episode: Mr. Medicinal Year: 2010 This was a cameo voiceover by Mark Hamill in Adult Swim's The Boondocks. #TheBoondocks #AdultSwim
Nicholas Winton helped 669 Jewish children escape the Nazis and his efforts went unrecognised for 50 years. Then, in 1988, while sitting as a member of a TV audience, he suddenly found himself surrounded by the kids he had rescued, who were now adults. Original post
CORE Rules! ChimeraSHOCK! TTRPG in a world of Steam Engines, Bi-Planes, Airships, Black Powder, Super Science, Swords, and Majhic... Evolution on each world like ours doesn't happen all at once. Technology doesn't propagate at an equal rate. Cultures collide. #dnd #steampunk
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
Open Source, Not Corporate AI! AI should belong to everyone—or to a select few! 🤖 Open technology = Innovation for all. ❌ Closed systems = Control by a handful of corporations. Europe must decide now: Do we create or just consume? Wake up, Europe! The future won’t wait! #AI #Art #NFT #AIForGood
Ramping at Queensland hospitals is still an ongoing problem 18 months into the Crisafulli government. The problem of hospital overload is complex & requires much more work from the parliament than an opposition simply winning government. #qldpol
A major water line on Utah Street was struck in the town of Livingston, affecting both wells that supply the entire town, officials said. Read more: https://www.wbrz.com/news/major-water-line-struck-on-utah-street-in-town-of-livingston-all-government-offices-closed
comprendre les expressions françaises : prendre un râteau tags : appropriation culturelle, jardin japonais, calligraphie éphémère, #gardening #art #geometry #drawing #philosophy
"We’ve got a faithless president who plays CHRIST while starting WARS of choice and raking in billions from foreign princes. Meanwhile: rent, power, groceries, healthcare — all record highs." "You pay more. The First Family gets billions more. They’re crooks, and everybody knows it."
music to BOOK, a flight to an alien planet to📚⚡️'s #boombapbeats #boombap #beats #hiphop #madewithni #music #instrumental
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
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
“We don’t know who’s winning, but Europeans are collectively losing.” Bernard Benhamou urges Europe to ‘protect, develop, fund’ its own AI ecosystems and R+D to keep up with competing infrastructures. More on #F24Debate ➡️ https://go.france24.com/TTKC
Cool video of the Artemis II Orion capsule separating from the European Service Module. This footage is from the GoPro HERO4 Black cameras installed on the ESM's solar arrays. The wobble in the second shot is from the jolt imparted to the ESM as Orion separates. Credit: NASA
This representative is full of crap and maybe just maybe her constituents are catching on to the corruption and who is winning is Washington Tony
The co-main event of Saturday's MVPW-03 fight night features Amanda "The Real Deal" Serrano against challenger Cheyenne Hanson, who promise a "heavy-hitting" bout. More: https://www.ktsm.com/sports/local-sports/amanda-serrano-excited-to-be-part-of-mvpw-03-in-el-paso/
Analysts project oil won't fall below $70/barrel until 2032, meaning sub-$3 gas prices are at least 6 years away.
Our Monthly FLAMINGO BINGO EDITION is this Thursday April 16 w/ special Bonus Prizes, Event Tix & More from FLOCKFEST, FAB SCOUT ENTERTAINMENT & JUST FOR FANS.. it all starts at 8pm with Hostess DAISY D. WEAR YOUR FLOCK FEST GEAR for 15% Off Drinks 8-Close. 241 for ALL 10-Close. #getlitwithus
Web3 is evolving fast - the real conversations happen on the ground. @whyscripted.bsky.social is heading to Hong Kong Web3 Festival 2026. Capturing founder stories, insights & raw Web3 convos. 📅 Apr 20–23 | Booth J12 Let’s connect 🤝 #WhyScripted #HKWeb3Festival #Web3 #Blockchain
Encore une séquence raciste qui n’intéressera pas l’Arcom. Qu’est-ce que les musulmans viennent faire dans les débordements de jeunes gamins mal élevés hier soir après le match Bayern - PSG ? Il a vérifié si tous ces gamins étaient croyants ou pratiquants ?
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? 💬👇
WERE YA EXPECTING ANYONE ELSE, MELVINS??? BARZY’S GOT COMPANY IN THE CALDER KID CLUB BECAUSE HE IS HIM AND HIM IS HE AND HEEEEEEEEEEEEEEEEEEEE’S…MATT SCHAEFER
Trump has openly stated that he doesn’t give a damn that Americans are struggling financially. Compounding THAT insult, he makes it even harder for the people with a scam so revolting that it beggars belief. By fleecing the American People of billions of dollars, he’s laughing at you all.
Ah, I love the gardening style (it closely resembles mine 😎) We too have cats and hedgehogs, one visited just now and entitled some of the cat food I leave out for it. Once upon a time we even had a nest!
Silviana: Ai Ippai no Boukensha (1988) | action RPG | Nintendo Famicom Disk System | Pack-In-Video Instead of saving the world, Silviana just wants to find medicine for her mom! And even after living the adventurer's life, she can still come home to visit, giving her the strength to keep fighting.
Any kid was hit&run by vehicle&say they're bad 1&let vehicle hit them by running fast&made everyone worry in Netflix ATLA, Marvel, DC, Fast& Furious, Wednesday, Squid Game, Last of Us, GTA, Star Wars, One Piece? Kid:It's was me who's bad. Run so fast&only then let car hit me. It made everyone worry.
El PSG reedita la Copa d'Europa a la tanda de penals Fabián Ruiz: "Qui ens ho havia de dir que faríem història aconseguint dues Champions consecutives..." #ZonaChampionsE3 https://som3cat.video/directeEsport3
Collectibles & Videogames Part 253 Shinobi Art of Vengeance (PlayStation 5, 2025) Grid Studio DualSense Controller Frame (202?) #fyp #POV #Gaming #Collectibles #GamingRoom #Sega #Sony #PlayStation #Shinobi #GridStudio #Samsung #Divoom #Paladone
Collectibles & Videogames Part 239 Resident Evil Requiem (PlayStation 5, 2026) Funko Pop! Leon S. Kennedy (2016) #fyp #POV #Gaming #Collectibles #GamingRoom #Sony #PlayStation #Capcom #ResidentEvil #LeonSKennedy #Funko #Samsung #Divoom #Paladone
A stroll through my local Swedish Supermarket this morning, part 1. 1 kilo equals 1000 gram and is around 2.2 pounds. #sweden #prices
US-202 @ US-1 🕒 7:12 PM - 7:14 PM ET (6x speed) 🌡️ 71°F | Clear 📍: 39.891450,-75.555350
whichllm automatically detects your hardware and ranks the best local LLMs from HuggingFace that actually run on your system. - Evidence-based ranking from merged benchmarks, not just VRAM size - Simulate any GPU before buying hardware with `--gpu "RTX 4090"`
In a now-deleted video, Trump made his priorities clear: He'd rather spend money on bombs than taking care of Americans.
Jill Biden: Doctors told me Joe Biden was fine For daily global news videos, please visit Ranked.News/videos
Today I asked the Prime Minister, Keir Starmer how The #Labour Government would be supporting people like my constituent, Medina, who are disabled and searching for paid employment. #pmqs #PrimeMinistersQuestions
I want it. #dopedevice #dabsky #stonerfam mjarsenal.com/products/pha...
Who wants to see Die Hard Trilogy re-released on modern consoles. I will pay money to see this game back on whatever platform it's available on for newcomers to witness this masterpiece! @20thcenturystudios.bsky.social #RetroGaming #PS1Classics #FreeDieHardTrilogy
UK: HENRY NOVAK CASE... ...THIS NEWS WAS CABLED AROUND THE WORLD... THIS VIDEO HAS CAUSED POLITICAL CHAOS IN ENGLAND Outrage grows after police handcuff dying student FRANCE24 / WOW MEDIA CHANNEL Issued on: 03/06/2026 - 13:31 Modified: 03/06/2026 - 13:33
Ever dreamt of being tentacle-smote by a world-ending bioweapon? Now you can, in my retro adventure game, Neofeud 2: where your wildest dreams come true! https://store.steampowered.com/app/4611140/Neofeud_2/ Itch: https://silverspook.itch.io/neofeud2 […] [Original post on mastodon.social]
Parody Jeff @Parodyjeffx JUST IN: Albania is on fire right now. Over 300,000 people are shutting down the capital. They refuse to hand their land to Jewish billionaires. x.com/Parodyjeffx/...