Economics for Inclusive Prosperity

Economics for Inclusive Prosperity

@econfip.bsky.social

We are a Harvard-based, international network of academic economists committed to an inclusive economy and society. https://econfip.org/

243 followers142 following113 posts

An interesting distinction from EFIP member Ioana Marinescu.

Ioana Marinescu@imarinescu.bsky.social

If governments tax AI to limit mass unemployment: tax data centers, not tokens. Taxing AI investment (data centers) can lower peak unemployment. Taxing AI deployment (tokens) mostly delays it. Either way, a second-best, temporary tool. From my IMF Annual Meetings panel 🧵

UToronto economist Joshua Gans says the policymakers, regulators, and the tech companies themselves are seriously behind the curve on understanding and preventing the worst potential harms of artificial intelligence. The latest EFIP podcast is out now. #economics podcasts.apple.com/us/podcast/e...

podcasts.apple.comJoshua Gans was bullish on the AI rollout—then Hugging Face happenedPodcast Episode · Economics for Inclusive Prosperity · October 26 · 54m

Economics for Inclusive Prosperity reposted

A rare good day for democracy (Brazil, Serbia). Perhaps middle powers and middle income countries will show us the way instead of long-established rich democracies.

What opportunities does AI present for young economists, both as a tool and as a research subject? University of Toronto Prof. Joshua Gans offers his advice as our latest guest on the Economics for Inclusive Prosperity podcast. Check out the full episode when it goes live tomorrow! #economics #EFIP

Economics for Inclusive Prosperity reposted

Very much enjoyed giving this talk at WU Vienna today. Also got to learn more about the Austrian collective bargaining system, as well as about fascinating labor market, inequality, and mobility research being done by so many scholars here.

Are Anthropic staff glassy-eyed true believers or do they know something we don't? EFIP member and UVA economist Anton Korinek and collegues found a big confidence gap—91% of insiders predict AI will do Nobel-caliber work by 2030 vs just 39% of US adults. www.anthropic.com/research/ai-...

anthropic.comThe AI expectations gapHow will AI reshape the economy in the years ahead? What is the core source of disagreement about AI's future impact on the economy? This note presents new survey evidence on these questions.

How can taxation raise revenue and address inequality in the age of AI, while still preserving innovation and sustainability? EFIP member Ioana Marinescu of UPenn joined a forum at the recent IMF annual meetings in Bangkok to address this challenging question. www.imf.org/en/meetings/...

imf.orgNew Economy Forum: Rethinking Taxation for the AI EraArtificial intelligence is reshaping economies, creating new opportunities for growth while raising questions about job displacement, rising inequality and strains on public finances. These shifts…

"What we are dealing with is not a model racing toward superintelligence, but a brittle house of cards that becomes more and more likely to malfunction and collapse as we demand more from it." Read EFIP member Daron Acemoglu's latest on AI safety. www.koreatimes.co.kr/amp/opinion/...

koreatimes.co.krDistorted intelligence at the AI frontier - The Korea TimesLONDON — Following repeated security debacles at OpenAI and Anthropic—both of which have developed agents that ended up hacking external systems —...

Economics for Inclusive Prosperity congratulates Prof. Robert Hall of Stanford and Prof. Michael Woodford of Columbia for winning the Nobel Prize for economics today for their work modernizing stabilization policy for governments and central banks. #economics www.nobelprize.org/prizes/econo...

nobelprize.orgSveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2026The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2026 was awarded to Robert E. Hall and Michael Woodford and “for microeconomic foundations of macroeconomic stabilisation.”

Watch University College London economist Lukas Lehner share some fascinating findings from his research into job guaranteed and UBI programs—including that they're complementary and not an either/or. Columbia U. economist Suresh Naidu co-hosted. youtu.be/sNP7K4XYhzw?...

youtu.beUBI and guaranteed job programs show promise—especially with AI loomingUniversity College London economist Lukas Lehner has been conducting real-world experiments and research into two hot economic policy ideas: job guarantee and universal basic income programs.…

How do you motivate workers with guaranteed jobs? Coming tomorrow, a conversation with University College London economist Lukas Lehner about his research into guaranteed job programs and universal basic income (UBI). And EFIP co-director Suresh Naidu joins as co-host. #economics #inequality #EFIP

Job alert! (courtesy of EFIP member Lukas Lehner). #jobalert #economics #EFIP

Lukas Lehner@lukaslehner.bsky.social

🚨 We are hiring 🚨 I have joined the Quantitative Social Science group at @sriucl.bsky.social this month and am happy to answer questions to interested applicants. Feel free to reach out.

Economics for Inclusive Prosperity reposted

It's a fatal conceit to think we can tell a moral and ethical story to bring Americans together today without addressing the economic reality that has failed them too often over the past 50 years. That's the story I tell in The Wage Standard: and what we can do to change it. thewagestandard.com

Harvard Business School Prof. Rebecca Henderson joined the EFIP podcast to talk about how her thinking on rethinking capitalism has evolved since her landmark 2020 book "Reimagining Capitalism in a World on Fire." The full episode goes live this Wednesday, Sept. 24. #humanecapitalism

Economist and EFIP member Lukas Lehner says inequality must be urgently made a priority at the international level. Look for an upcoming episode with Lukas on the Economics for Inclusive Prosperity podcast. podcasts.apple.com/us/podcast/e...

podcasts.apple.comEconomics for Inclusive ProsperityBusiness Podcast · Updated Biweekly · We need an alternative vision of economics to replace failed neoliberalism and rising economic nationalism. In a world facing record inequality, climate peril, an...
Lukas Lehner@lukaslehner.bsky.social

Extreme inequality and poverty are defining problems of our time. That's why it needs an International Panel on Inequality (IPI) linked to the UN secretariat. See here for the coverage on the open letter before the UN general assembly: www.theguardian.com/inequality/2...

From EFIP member Arin Dube: "...the politics of capital income and wealth taxation is about to change."

Arin Dube@arindube.bsky.social

Prediction: the politics of capital income and wealth taxation is about to change. Concentrated wealth as an abstract concept doesn't animate voters as much as when that wealth is tied to a technology that voters are very concerned about.

Economics for Inclusive Prosperity reposted

I am looking forward to giving talks on The Wage Standard in Europe - in Wien, Oxford, London (Resolution Foundation), and Torino (Intl. festival of economics). October will be a busy month! Also exciting is that these talks will include some new findings. Coming soon! 1/

The U.S. lags behind international rivals in several critical strategic technologies. MIT Professor Elisabeth Reynolds explains how "reindustrializing" those technologies on American soil can make the U.S. more secure and resilient and can create badly-needed middle class jobs. youtu.be/jcKhRJplBuY

youtu.beCan “reindustrializing” priority technologies in America also reduce inequality?YouTube video by Economics for Inclusive Prosperity

COVID-related supply chain disruptions and the war in Iran have exposed American vulnerabilities in everything from semiconductors to drones to critical minerals. That's why MIT professor Liz Reynolds says the U.S. needs a "reindustrial" revolution to bring home critical technology manufacturing.

podcasts.apple.comCan “reindustrializing” priority technologies on American soil also reduce inequality?Podcast Episode · Economics for Inclusive Prosperity · September 3 · 52m

Economics for Inclusive Prosperity reposted

While everyone fixates on manufacturing and re-industrialization, it is services that is experiencing a productivity revolution. The revolution is global and taking place in some of the most labor-intensive sectors. My latest www.project-syndicate.org/commentary/s...

project-syndicate.orgThe Quiet Revolution in ServicesDani Rodrik explains why strong productivity growth in the sector is as welcome as it is unexpected.