Justin Wolfers
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Justin Wolfers
@justinwolfers.bsky.social

Econ professor at Michigan ● Senior fellow, Brookings ● Intro econ textbook author ● Think Like An Economist podcast ● An economist willing to admit that the glass really is half full ● Find me: https://linktr.ee/justinwolfers .. more

Justin James Michael Wolfers is an Australian economist and public policy scholar. He is professor of economics and public policy at the Gerald R. Ford School of Public Policy at the University of Michigan, and a Senior Fellow at the Peterson Institute for International Economics. .. more

Economics 62%
Psychology 14%
“If you remember when the ATM was first invented… you would think we fire a lot of bank tellers… But… the number of bank tellers didn't fall. That's because people in those jobs adapted.” And perhaps there's a lesson in this story for how we adapt to AI.

Reposted by Robert C. Richards

If AI is a substitute, it’s the intern who never sleeps. If it’s a complement, it’s the intern who makes you look like a genius. Same software, wildly different workplace vibes. We're going to see each of these very different stories play out in different parts of the labor market.

"Nearly half the economic growth over the past year has come from the building of data centers. But that's a story about bricks, not about people."

"The Professor Is in," is my attempt to step back from the news cycle and teach a bit of economics. This week: AI and the labor market. There's always more to say, but hopefully it lays out the key issues

Full clip is on my youtube channel (subscribe!) here: www.youtube.com/watch?v=FGN6...
AI Will Reshape Work—But Not The Way You Think, Says Justin Wolfers
Will AI take your job—or make you better at it? This latest episode of "The Professor Is In" analyzes how AI will shape your job prospects. Today’s wave of layoffs is being linked to AI, but most of…
www.youtube.com

"If we can't measure problems, we can't see problems. If we can't see problems, there's no room for the government to get involved."

Had a lovely time talking with my pal Molly Jong-Fast about Handsome Kevin, Happy Kevin, and all the monetary policy challenges facing not only the Kevins, but also the rest of us. www.youtube.com/watch?v=DZiI...

Big picture: Unemployment is up half a point over the past year, suggesting that we're falling behind. Not a panic button, but definitely a warning light. Add in falling vacancies, spiking initial claims, and falling quits, and the dashboard is lit like a Christmas tree.

Markets forces, for the win. (This isn't me, but I gotta admire the hustle.) koinastee.com/product/just...
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What is the "crypto industry"?

Like, what does it produce?

This chart seems to suggest a striking pattern: Kevin Warsh's speeches are consistently hawkish, except when Trump is President and about to appoint a new Fed Chair.
www.economist.com/finance-and-...

Reposted by John McLaren

At what point does a misrepresentation become a lie?

I don't often wear political t-shirts, but I'm proudly sporting this one today.

I'm an immigrant.

I teach American (and international!) college students, research the U.S. economy, consult with policymakers, write books, raise my kids, pay taxes, and try to make this a better place.

Messy... Trump's CEA chair, Stephen Miran, who went on leave from that role to serve out a Fed governorship that ended last week, just resigned from CEA, so he can keep serving in that Fed role, presumably until Trump gives Warsh his slot. And no-one know what next... www.cnn.com/2026/02/03/b...
Stephen Miran resigns from the White House, keeping his seat at the Fed | CNN Business
Stephen Miran, one of President Donald Trump’s top economists, on Tuesday resigned from his leadership role at the White House’s Council of Economic Advisers as his term as a Federal Reserve Governor…
www.cnn.com

Sometimes economics conversations are best when you give 'em time to breathe (and add a few laughs). And that's why I loved my recent chat with @timfullerton.bsky.social and my new mates at the @findoutpodcast.bsky.social:
www.youtube.com/watch?v=Sper...
Is the Economy Doing Well or Are We Headed for a Recession?
YouTube video by The Find Out Podcast
www.youtube.com