Platypus Economics with Justin Wolfers
@platypuseconomics
Think of an oil shock like a stone tossed in a pond. First splash: gasoline. Then the ripples: airfares, delivery costs, packaging, groceries, construction materials. The ripples are real. Just give them a moment to spread.
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Economics. Explained. Clearly. That's the mission of Platypus Economics. We’re launching today with big ideas, full hearts, and a lot of hope. Join us on our journey to see the wo...
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"If what you want is rate cuts, here's the thing you don't do. You don't go and bomb a country in the Middle East upsetting global energy markets and pushing prices up across the b...
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A 60-year low in sentiment is a big deal because the baseline is already tough: this survey has lived through recessions, inflation, wars, and financial crises. And yet this is wor...
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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...
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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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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
"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.
$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.
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.
“There is no price tag in the economy as tall as gas prices, and that you pass as often.” Visibility matters. Economics isn't just about prices; it's about attention. Gas prices shape how people feel about the economy because they're impossible to ignore.
The lesson here isn’t just about phones in schools. It’s about human behavior: Take something away, and people usually replace it with something else. Economists call this substitution.
A 60-year low in sentiment is a big deal because the baseline is already tough: this survey has lived through recessions, inflation, wars, and financial crises. And yet this is worse. Read the full analysis on Substack: https://newsletter.platypuseconomics.com/p/consumer-sentiment-hits-a-record
Politicians love visible gestures. Economists ask the annoying follow-up: does it work? On gas tax holidays, the answer was basically no then, and no now.
Short-run discomfort ≠ long-run harm. Phone bans make students feel worse at first — then better. By year two, well-being rebounds above baseline. Turns out kids (like all of us) just needed time to adapt.
Deficits aren’t inherently good or bad. They’re a tool. The real question is: what problem are they solving? Econ is annoyingly context-dependent like that.
Check out @wretchedhivecomics.bsky.social #NCBD video review of Seven Wives #1 from @idwpublishing.bsky.social #comics #review
💪Jasmine Crockett(OUR ‘28 VP) in a Judiciary hearing: “y'all need to read your history books. The same books that Republicans decided we shouldn’t read, because they’re afraid it’ll hurt People's feelings to know that their Ancestors were so savage, that they would enslave Black Folk”🇺🇸
I’m an ANIME Voice Actor in THE FRAGRANT FLOWER BLOOMS WITH DIGNITY! 🌸🍰 Half way through the season! How’re liking it so far? Did you point at the TV like Leo (IYKYK) when you heard my voice? Watch it now on Netflix! New episodes every Sunday!
🔴 This #EarthDay clip made my day. 🙂 Some Canadian MPs talking about their favourite National Parks ... 🇨🇦 🌳🏕️
A 100-foot mural honoring late Milwaukee Brewers play-by-play announcer Bob Uecker is being installed on a building in downtown Milwaukee. https://tinyurl.com/4tjw8s4a
Them there Biplanes are a menace to low tier play! But... So am I... >:3 This game is my go to for pvp atm, however limited it is! game: War Thunder www.twitch.tv/themagicpant... #twitch #twitchstreamer #twitchaffiliate #streamer #contentcreator
What do gray birch trees have to do with forest’s history — and beavers?? #forest #forests #tree #trees #nature #woods #outdoor #outdoors #science #stem #ecology #ecosystem #beaver #wildlife #vermont
Clear The Clutter New favorite organization tool: This 7-compartment acrylic belt holder. It makes any closet look like a high-end boutique instantly. Check it out at Trend Pikz! #TrendPikz #CleanHome #Organization #Interior #Aesthetic
Europe needs an AI strategy from the ground up—not just driven by big corporations! 🤖 We must support open-source and decentralized innovation. 💡 AI should belong to everyone, not just Big Tech. It's time to take control of our own future! #AI #Art #NFT #AIForGood #Europe #Innovation #impactArt
“As Steve Bannon so eloquently put it, quote, we're going to have ICE surround the polls. Let's be clear at the outset: that is flatly illegal. If that happens, we will go to court.” — @mawaldman.bsky.social at the Brennan Legacy Awards dinner
I know you realize just how unconscionable this is. Please, share this video, the more of us who stand up against this bullshit the better!
[ 🇲🇲 MYANMAR ] 🔸 Des forces anti-junte auraient frappé des soldats de l’armée birmane lors d’un festival à Bhamo, dans l’État de Kachin, en utilisant notamment des drones FPV kamikazes probablement équipés d’explosifs artisanaux.
Mom used to always offer to take the Memorial Day shift at work because she liked the holiday pay and "because the weather's always crappy on Memorial Day." It started raining by noon, dropped 20 degrees. I could feel her laughing from the post-worldwalk. So I decided to put wax on my Layens frames.
Also #OnThisDay in 2018, Bonnie Anderson debuted as Bea Nilsson #Neighbours #BringBackNeighbours
In Malaysia, thousands are left homeless after a fire. #News #BreakingNews #ForYou #Learn #SawItOnNewsidly
Francesca Albanese tells the world of the plot for a ‘Greater Israel 🇮🇱’: ‘We are not post genocide’ ‘While the world is distracted’ ‘The genocide & destruction in Gaza 🇵🇸 goes on’ ‘🇮🇱 expands north & east’ ‘For a Greater 🇮🇱’ Expel 🇮🇱 from the UN now.
Interest rates affect how much people spend when they borrow to buy a home, car, or large appliance. Yet different forces can affect those rates. Here's what you need to know:
He Wants To Share Her With Younger Men 📕: A HUSBAND'S GUIDE TO HOTWIFING by Marlow Stevens www.amazon.com/dp/B0GBRGFYZR #bookstagram #booktok #BookReview #Booktok #Books
🇮🇹 Giulio Ciccone leads at Torre and takes the virtual second position in the Maglia Azzurra classification 💙 📺 Follow the #Giroditalia on TV, and on socials, wherever you are 🌐
Remember when we had a POTUS who considered himself president to ALL the people, even if they disagreed with him, and didn't call them names, or tell people to 'beat the hell out of them' - who was actually presidential?! Good times...
One person has died, and seven others suffered serious burns after an explosion at MOL Petrolkémia’s facility in Tiszaújváros, eastern Hungary, during the restart of its Olefin-1 plant. The Olefin 1 plant is a steam cracker unit that produces ethylene.
winding scale 🎨 Like our content? Check out our art here → https://f.mtr.cool/gizeesvjqo 🔗 Check out our other accounts → https://f.mtr.cool/ndfowbvduj #exploreproject #satisfying #fyp #art
Shiny Spiritomb Masuda Hunt #2 #pokemonstreamer #nintendogames #streamer #twitch #twitchstreamer #pokemon #shiny #shinyhunt #shinypokemon #shinyhunting #shinyhunter #shinydex #streaming #nintendo #shinyhunting #promosky #ShinyPokemonStreamer #shinypokemonhunting #Hotones #HotMons
“Ford knows what he’s doing. His modus operandi is secrecy, using throwaway phones, code names on projects, files not existing… and he seems to always be positioned one level away from somebody who knows something.” 👀 @paulstewartii.bsky.social 🇨🇦 The OShow 🔗 youtu.be/-QvhzrxY7IU?si… #Onpoli #ON
As we step into 2026, we’re reflecting on a year of progress at OHT. In 2025, our work continued to tackle some of the world’s greatest #Onehealth challenges including #AMR,#climatechange & more. Catch up on what kept us busy in 2025 and what we’re excited about: onehealthtrust.org/news-media/b...
One-of-a-kind! Follow us for more great images, stories, and motivation. Click our link in bio for our mailing list, shop, and more! Get your daily MEMENTO MORI! 💀 Mailing list, art prints, and more! 💀 ☩ sedlecossuary.mechan... ☩ ☩ Or through link in bio. ☝️ ☩ ☠️ The Sedl...
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Gulf Coast weekend headlines: An early-morning crash leaves the Sanibel Causeway shut down and a death investigation is underway at a Walmart in East Naples.
Homebrew shouldn’t be a gap in your security story. Workbrew Free gives you instant visibility, non-sudo support, and consistent default packages - meeting your foundational security needs. No slowdown, no friction, no cost. Start today: buff.ly/ZjQal08
Gulf Coast weekend headlines: Crews closed eastbound and westbound Pine Ridge Road under I-75 Friday night. It's for the diverging diamond interchange project.
🤬 Russia has struck a train station in Kryvyi Rih, according to local media reports.
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Die nominierten Autor*innen im aspekte-Video! 💫 Portrait von Bernhard Kegel, der mit seinem Buch „Mit Pflanzen die Welt retten“ (DuMont) für den Deutschen Sachbuchpreis 2025 nominiert ist. Produziert von ZDF aspekt Redaktion: Monika Unkelbach Kamera: Bernd Huß Schnitt: Jan Rehwinkel #DSP25
Vous savez qu'à cause de la loi qu'Emy évoque dans son fil, les TDS n'ont pas le droit d'ouvrir de compte en banque ? Oui oui. Je vous met une interview Kombini de Khalamité sur le sujet.
god i love out of context clips of bbs voice actor and just mashing it up like this
OpenAI has a new “health” app… 🤨 From the latest episode of Mystery AI Hype Theater 3000, with @emilymbender.bsky.social. From episode 71: A Bad Case of Hype-itis.
COSMONAUTAS RUSOS COMPLETAN CON ÉXITO UNA CAMINATA ESPACIAL DE MÁS DE SEIS HORAS Ambos recogieron dos experimentos científicos ya concluidos e instalaron uno nuevo. actualidad.rt.com/actualidad/6...
From @thedreydossier.bsky.social Have you ever heard of the US CLOUD Act? No? It means the US government can demand data from American cloud companies, even when the servers are in another country.
Dr. Christian Donald Pentz highlights the need to avoid ethnocentrism in global marketing. Emerging markets show massive tech adoption, reshaping how global brands must build local strategies. Supercharging India’s AI future with DSU. #DSU #GlobalMarketing #Technology
Rocket engines are operated at temperatures exceeding the melting point of every metal from which they are constructed — and this is endured every single launch. 🚀
Trump Jane Says Jane’s Addiction #Music #MusicSky #NowPlaying @crazy-doggie-lady.bsky.social @crb0628.bsky.social @cyberwench.bsky.social @dalewalls1.bsky.social @danno1130.bsky.social @davelocke.bsky.social @debamcc.bsky.social @debbie156.bsky.social @dentonrg.bsky.social
🐝🇪🇸 ¡Ya está disponible el #Kickstarter de BeeTheBest ! Un juego multijugador de preguntas, estrategia y sabotaje sobre abejas y polinizadores.... 💛 Apóyalo y ayuda a impulsar este proyecto indie español... 👇🏻👇🏻👇🏻 store.steampowered.com/app/1898270/... #tuyoyelindie #indiegames