Jason Furman
Professor of Practice at Harvard. Teaches Ec 10, some tweets might be educational. Also Senior Fellow @PIIE. Was Chair of President Obama's CEA.
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What is the best economic argument for electricity subsidies in the UK (and elsewhere) as opposed to simply giving people a check they could use on anything? There may be one--lots...
What did we learn from the fact that hourly wages jumped in July but slowed in August? Possibly just that July had 10 weekend days and August had 8 weekend days (as I learned from...
Why do firms offer benefits to workers? A common view is that it because they are nice and caring. But the alternative perspective, which probably has more truth, is that theyβre...
@OxfordFrom Not sure I understand what you're arguing. IF you were arguing that it would be in the interest of a cartel of CEOs to collude against WFH/hybrid workplaces because eve...
Great explanations of the economics of a price cap on oil. I'm glad to see progress on this--it's a creative idea and IF it works it would be a big deal in helping to protect the g...
Willie and my blog on the latest employment numbers is now up. August was reasonably goldilocks--a lot of jobs added, nominal wage growth slowed, and even though unemployment rose...
In a meeting so will post more analysis later, but here is a chart of monthly/three month jobs changes--job growth moderating but still very strong (way above what is needed to mai...
Worth remembering the vicious abuse that @ProfEmilyOster & others who made this argument were subjected to. Then think about other debates like that. You're not hearing from a lo...
First Ec10 class tomorrow! We'll start out with how four different economists defined economics. Starting with the classic Lionel Robbins: "the science which studies human behavior...
Productivity is likely concave in hours/week: your 10th hour is probably more productive than your 100th hour. Pay is generally convex in hours/week: part-time workers get less pe...
Spoke in a panel at Jackson Hole on βAn End to Pre-pandemic Trends or Just a Temporary Interruption?β Weight I put on pre-pandemic trends (as opposed to new factors) for 4 variable...
Sincere question: Why is the argument that student loan debt relief is unfair to people who already paid their loans so resonant with critics? Critics of Obamacare didnβt say it wa...