Platypus Economics with Justin Wolfers
@platypuseconomics
$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.
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One more sleep until I can tell you what I've been working on. Can't wait.
"The big story right now is oil. The next story is food." That's the transmission channel people miss: if fertilizer is "caught on the wrong side of the Strait of Hormuz," food prices can be next.
Lemme ’splain: calling it a “big beautiful bill” doesn’t make the maths prettier. If you cut taxes and don’t cut spending, the deficit goes up. That’s not ideology. That’s just arithmetic wearing sensible shoes.
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
Right now, the AI boom mostly shows up as investment: chips, data centers, infrastructure. The real question is whether those foundations eventually help workers and firms do more with less.
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
A gas tax holiday talks about 18.4¢ while ignoring the $1.50 problem. That's politics, not policy. And half of it likely goes straight to oil company profits. Congress knows this. Some just hope you don't.
“He failed to understand the interconnectedness of the world economy.” That was true in the trade war, and it’s true now.
“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.
If there’s a water shortage, don’t subsidize showers. If there’s a blackout, don’t make AC cheaper. If there’s an oil shortage, don’t cut gas taxes. Prices are helping signal scarcity. A gas tax holiday weakens that signal right when it matters most.
#Casemiro has had so many iconic moments at #ManchesterUnited. This is one..... 😀 #manchesterutd #manunited #manutd #mufc #manchester #epl #football #footballnews #footballculture #footballplayer #fyp #bluesky #sport #sports
Will you be joining us for the May MYnetwork Huddersfield Meet-up? It’s free, friendly, and the perfect place to grow your business network. 📅 Wednesday 20th May 🕘 9 to 11am 📍 The Media Centre. See you there! Hosted by @social-progress.bsky.social, MMid Yorkshire Chamber & us, The Media Centre.
The same in his warped brain. Trump lied his way into a job he knew he couldn’t do because he didn’t respect the people who did it and made it look easier than it actually was. The first time, now, he came into office, he was prepared to ruin the world and steal everything that wasn’t nailed down.
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
Good Morning! It's Tuesday 02 December 2025, birthdays for ex-Fawlty Towers actress Connie Booth (85), Def Leppard's Rick Savage (65), ex-footballer David Batty (57) & Kill Bill actress Lucy Liu (57). Andy Lloyd's Morning Show is live every weekday from 09:00.
2026 is the Year of the Fire Horse 🏮🐎 Fast changes, bold opportunities, and vibrant energy await! 🌟 Align with your fortune, lucky colors, and directions to make this your most successful year 🥂 #firehorse #2026fortune #chinesemetaphysics #fypシ゚viralシ #wolink #ZodiacPair
Trump's threat to arrest Governor Evers is a chilling attempt to normalize fascism & silence dissent. They want to bully & intimidate anyone who doesn't conform to their ideology. We will NOT be intimidated. We will NOT be silenced. We will DEFEND our freedom.
The United States will not allow Iran to accumulate nuclear weapons. We will secure their enriched uranium and, frankly, destroy it.
Researchers analyzed 40 years of satellite greenness data and tracked the center of mass of global vegetation. They found that the planet’s center of greenness has been shifting northward and eastward and that this movement has accelerated over the past decade. eos.org/articles/ear...
“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
How should the USMNT line up against Portugal? 🤔 𝐓𝐡𝐞 𝐁𝐮𝐥𝐥𝐞𝐭𝐢𝐧 - watch/listen 👇 🍎: tinyurl.com/3vb85zck ✳️: tinyurl.com/56apd3wj 📺: tinyurl.com/52kjmedx
📌 Βίντεο στο Instagram με αφορμή την Εργατική Πρωτομαγιά έκανε ο πρωθυπουργός Κυριάκος Μητσοτάκης, παρουσιάζοντας τα θετικά μέτρα της κυβέρνησης για τους εργαζόμενους. 🎥 kyriakos_ #iefimerida #κυριάκοςμητσοτάκης #μέτρα #εργαζόμενοι
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.
Buffalo goal! Scored by Rasmus Dahlin with 19:28 remaining in the 1st period. Assisted by Mattias Samuelsson and Zach Benson. Montreal: 0 Buffalo: 1 #BUFvsMTL #GoHabsGo #LetsGoBuffalo
Yanking a tick leaves its chainsaw head glued inside you. ❌🕷️ #TickSafety #HowItWorks #MindBlown
Prince Edward Island issued 114 invitations in its latest PEI PNP draw held on May 21, 2026, targeting skilled workers and international graduates in priority sectors. canadaimmigration.news/pei-pnp-draw... #canadaimmigrationnews #peipnp #princeedwardisland #skilledworkers
Day 3: Glorious Morning Exercise Fitness Trip! #fitness #trip #motivation #challenge #exercise #start #discipline #strengthtraining #upgrade
Oh, can't you see the role we're living? Political lies are just corporate decisions To take away the votes that the populace sent Hold it in to the land of the living Look at the lost souls They seem so black Look at the lost souls Souls of black They're bleeding so black
I just have to point out––that's my kid @Johnny_nd4422 kicking that ball from the corner. @Northampton_high_school #proudmama
Out in our local San Juan Capistrano Swallows Day Parade sharing our message: Your Vote is Your Voice! Tu Voto Es Tu Voz!
I went to the Lloyd Center the other day. After talking with some folks and listening to a few hours of Lloyd Center Master Plan presentation and testimony - I better understand how folks are connected to that space, even if I don't agree with efforts to stop Lloyd's demolition and development (1/2)
Listen to this list of businesses closing in the US because of you know who Credit to kristinas2.0
Legend of Heroes' quest spanned multiple chapters filled with plenty of grind-filled leveling, strange twists, and traditional turn-based gameplay taking you on a grand adventure. A neat gem of an RPG filled with brutal beasties along with sweet and sour ear candy, especially for the TG-16 CD crowd!
Jimmy Kim-Backseat Confetti Support My Work & Donate Here - buymeacoffee.com/jimmykim Spotify Song Link - open.spotify.com/album/4F3Iz1... Apple Song Link - music.apple.com/us/album/bac... YouTube Song Link - youtube.com/shorts/z3ROL... #Music #Songs #KPop #KPopMusic #Pop #RandB #KoreanPop #Viral
Meiko Satomura damn near decapitating a trainee at the GAEA dojo who repeatedly failed to hit a dropkick to satisfaction 🤼
NOW: protestors chant “ICE out of new york!” outside of 26 federal plaza. this protest comes after a raid where ICE took street vendors in Soho at canal street this afternoon.
🥴Lukashenko threatened Ukraine with “one serious target” with coordinates located near Belarus in response to the statement by the Unmanned Systems Forces about 500 targets in Belarus.
TONIGHT (4/22) at 6:00pm EDT we're going outside for the first time in 30 years in the game 'Baby Steps'! Let's see how far we can walk... on baby legs Youtube: youtube.com/@buddha_saurus Twitch: twitch.tv/buddha_saurus
Happy #Women’sHistoryMonth! Grateful for the incredible women who invented these staple items we all know and love. 🚺 And grateful for the #women in our lives who are doing amazing things now, that will go down in our history books. #DignitySeniors Repost via @theskimm
A food bank CEO said fuel costs went from $14,000 to $24,000 a month. That extra $10,000? It was going to feed people. Now it feeds a gas tank. This is the economy they’re bragging about. Tell me again who’s winning.
Tomorrow, Oversight Dems are going to Palm Beach. We will hear from survivors of Jeffrey Epstein‘s abuse. And we will get answers. Tune in live Tuesday at 10 AM.
Am Rande der #Energieministerkonferenz auf Norderney hat sich Sachsen-Anhalts Energieminister @armin-willingmann.bsky.social mit Verbandsvertretern über den Ausbau der Erneuerbaren ausgetauscht. Willingmann fordert einen zügigeren Ausbau der #Stromnetze. Warum? Mehr dazu im Clip! #sachsenanhalt
!!!Happy NEW COMICS Day!!! Got a low list for comics but higher than normal list for graphic novels. Either way, nice way to spend a budget. #newcomicbookday #comicbooks #comiccollector #graphicnovel #chicowashere
Seeing SB19, Maki, and December Avenue all sharing one stage to perform “Wakas” at Watsons Playlist 2026 was pure magic. #WatsonsPlaylist #OwnTheMoment
BREAKING: The House GOP is pushing MULTIPLE voter suppression bills through Congress—all designed to block millions of American citizens from voting. This isn't about security; it's about silencing voices. Call Congress: 1 (202) 224-3121 #StopTheSaveAct
Although reasons aren’t given this explains what we suspected, both Liv & Dom are being underused, people behind the scenes are aware & clearly there’s been some frustration. Fortunately it looks like moves are afoot to remedy that “soon” 🤞🏻 *sound up!