In contrast, the average American spends an estimated $210 and 11 hours to file their 1040 personal income tax return. Those are real costs—that time could be spent producing real goods and contributing to GDP. www.irs.gov/pub/irs-prio...

I’m mostly on here for econ talk and yimby takes, but for anyone into jazz piano, Jon Batiste released Beethoven Blues on Friday and it is fantastic. album.link/i/1769426743

This JEP paper has a review of the historical economic evidence about migration in response to top tax rates from a variety of settings. scholar.harvard.edu/files/stantc...

My favorite (non-coding) application for LLMs so far: choose-your-own-adventure bedtime stories.

π day on campus always makes me smile.

This is well worth a read. I remember the moment in grad school where I realized I should stop filling my unoccupied moments with audiobooks. Silence is where thinking—and often learning—happens.

Is a big part of the 2019-2022 increase a reallocation from public to private balance sheets? Looks like government debt went up around $100k per family over that stretch.

Correcting the link here: https://www.federalreserve.gov/publications/files/scf23.pdf

Remarkable how the % growth was larger at lower net worths (and lower education, and among non-homeowners…)

##EconSky 📉📈

All these "Dear Algorithm" posts over at Threads are fun, but they highlight the promise of Bluesky's ecosystem of user-created algorithms ("feeds") over a one-size-fits-all master algorithm.

I love the end of this piece from @soumayakeynes.bsky.social

https://on.ft.com/3txwo4u

##EconSky 📉📈

Tap the “#” tab and search for “#NumbersDay” using the search field. You should be able to tap through and “Add+”, which will make it show up with your other feeds.