Laura Veldkamp
@laura-veldkamp.bsky.social
Columbia Business School Professor. Works on the data economy, macro and finance. Finally moving my comments to somewhere more civilized.
So honored that you chose my book with @isaacbaley.bsky.social book to feature!
Excited to read this book!
"The Data Economy: Tools and Applications" by Isaac Baley and Laura L. Veldkamp.
"Tools from macroeconomics and finance to incorporate the central role that data plays in the economy."
press.princeton.edu/books/hardco...
"The Data Economy: Tools and Applications" by Isaac Baley and Laura L. Veldkamp.
"Tools from macroeconomics and finance to incorporate the central role that data plays in the economy."
press.princeton.edu/books/hardco...
The Data Economy
Tools from macroeconomics and finance to incorporate the central role that data plays in the economy
press.princeton.edu
November 3, 2025 at 12:41 AM
So honored that you chose my book with @isaacbaley.bsky.social book to feature!
Thanks Drona and the team at the Real Returns podcast for a thoughtful interview about the data economy and data privacy policy. #dataecon #econsky #privacy therealreturnsshow.com/interview-ep...
The Real Returns Show
Formerly Drona's Stock Talk
therealreturnsshow.com
October 26, 2025 at 5:43 PM
Thanks Drona and the team at the Real Returns podcast for a thoughtful interview about the data economy and data privacy policy. #dataecon #econsky #privacy therealreturnsshow.com/interview-ep...
Reposted by Laura Veldkamp
Federal Reserve Governor Lisa Cook has sued the Trump administration in an effort to overturn the president’s attempt to fire her, launching an unprecedented legal battle that could significantly reshape the Fed’s longstanding political independence. https://to.pbs.org/4lLn4iL
Fed Gov. Lisa Cook sues Trump administration to block her attempted firing
No president has sought to fire a Fed governor in the institution's 112-year history until Trump posted a letter on his Truth Social media platform late Monday saying that Cook was fired. Trump said t...
to.pbs.org
August 28, 2025 at 3:02 PM
Federal Reserve Governor Lisa Cook has sued the Trump administration in an effort to overturn the president’s attempt to fire her, launching an unprecedented legal battle that could significantly reshape the Fed’s longstanding political independence. https://to.pbs.org/4lLn4iL
Reposted by Laura Veldkamp
This is a monumental case for American democracy and the health of our country’s economy.
The courts must rule in favor of Federal Reserve independence and against Trump’s authoritarian instincts.
www.nbcnews.com/business/eco...
The courts must rule in favor of Federal Reserve independence and against Trump’s authoritarian instincts.
www.nbcnews.com/business/eco...
Fed governor Lisa Cook sues Trump over 'unprecedented and illegal' effort to fire her
Trump has sought to remove her over mortgage fraud allegations that Cook's lawyers call "unsubstantiated."
www.nbcnews.com
August 28, 2025 at 4:44 PM
This is a monumental case for American democracy and the health of our country’s economy.
The courts must rule in favor of Federal Reserve independence and against Trump’s authoritarian instincts.
www.nbcnews.com/business/eco...
The courts must rule in favor of Federal Reserve independence and against Trump’s authoritarian instincts.
www.nbcnews.com/business/eco...
Reposted by Laura Veldkamp
#CollectiveCourage: Hundreds of economists from across the country have signed an open letter calling on Congress to uphold Federal Reserve independence. If you’re an economist, you can still sign on: https://docs.google.com/document/d/1oGrUv-_CoeulsLZDt_lyNTPbm9wYCAfiTLm7KMiwgzA/edit?tab=t.0
Open letter
Click here to add your signature. An Open Letter from Economists in Support of Governor Lisa Cook and Federal Reserve Independence To the President, Members of Congress, and the American public: We wr...
docs.google.com
August 31, 2025 at 10:04 PM
#CollectiveCourage: Hundreds of economists from across the country have signed an open letter calling on Congress to uphold Federal Reserve independence. If you’re an economist, you can still sign on: https://docs.google.com/document/d/1oGrUv-_CoeulsLZDt_lyNTPbm9wYCAfiTLm7KMiwgzA/edit?tab=t.0
Reposted by Laura Veldkamp
I reported this week's Money Talks podcast from the mountain, lake and lodge at Jackson Hole. Featuring Kristin Forbes, @jonsteinsson.bsky.social , Barry Eichengreen and - at 10,000ft - @laura-veldkamp.bsky.social
Listen to my Jackson Hole audio diary:
www.economist.com/podcasts/202...
Listen to my Jackson Hole audio diary:
www.economist.com/podcasts/202...
Gone fishing: our economics editor’s Jackson Hole diary
Our podcast on markets, the economy and business. This week, how Donald Trump’s fight with the Fed escalated in a usually quiet corner of Wyoming
www.economist.com
August 28, 2025 at 5:17 PM
I reported this week's Money Talks podcast from the mountain, lake and lodge at Jackson Hole. Featuring Kristin Forbes, @jonsteinsson.bsky.social , Barry Eichengreen and - at 10,000ft - @laura-veldkamp.bsky.social
Listen to my Jackson Hole audio diary:
www.economist.com/podcasts/202...
Listen to my Jackson Hole audio diary:
www.economist.com/podcasts/202...
Teaching grad econ/finance this fall? Looking for rigorous + current material that excites students?
The Data Economy: Inspect copy www.ingramacademic.com/978069125672... or buy now
www.amazon.com/Data-Economy...
Email @isaacbaley.bsky.social (from univ acct + course URL) for slides + answer keys.
The Data Economy: Inspect copy www.ingramacademic.com/978069125672... or buy now
www.amazon.com/Data-Economy...
Email @isaacbaley.bsky.social (from univ acct + course URL) for slides + answer keys.
The Data Economy: Tools and Applications
The Data Economy: Tools and Applications: 9780691256726: Economics Books @ Amazon.com
www.amazon.com
August 27, 2025 at 12:28 PM
Teaching grad econ/finance this fall? Looking for rigorous + current material that excites students?
The Data Economy: Inspect copy www.ingramacademic.com/978069125672... or buy now
www.amazon.com/Data-Economy...
Email @isaacbaley.bsky.social (from univ acct + course URL) for slides + answer keys.
The Data Economy: Inspect copy www.ingramacademic.com/978069125672... or buy now
www.amazon.com/Data-Economy...
Email @isaacbaley.bsky.social (from univ acct + course URL) for slides + answer keys.
Straub @JacksonHole2025: Looming debt crisis bc fewer workers, more retirees drive debt to 5xGDP. We can cut retirement, hike taxes. But we can also allow legal, young immigrants. The benefits of immigration are typically overlooked, but are worth years of Americans' income. #econsky
August 23, 2025 at 4:51 PM
Straub @JacksonHole2025: Looming debt crisis bc fewer workers, more retirees drive debt to 5xGDP. We can cut retirement, hike taxes. But we can also allow legal, young immigrants. The benefits of immigration are typically overlooked, but are worth years of Americans' income. #econsky
Emi Nakamura at Jackson Hole: Analyzing Taylor rule performance, she emphasizes -- Federal reserve reputation has been a powerful too for keeping inflation in check. "Reputation takes a long time to build up and is quick to destroy." An important warning in modern times. #econtwitter #JacksonHole
August 23, 2025 at 2:32 PM
Emi Nakamura at Jackson Hole: Analyzing Taylor rule performance, she emphasizes -- Federal reserve reputation has been a powerful too for keeping inflation in check. "Reputation takes a long time to build up and is quick to destroy." An important warning in modern times. #econtwitter #JacksonHole
@Jackson Hole, Linda Tesar says: Americans moving from state-to-state is declining. But it's not unwillingness to move. Rather, the mix of jobs across states is becoming more similar. We don't move as much because other places don't have much better or worse labor markets. Homogenization. #Econsky
August 22, 2025 at 4:33 PM
@Jackson Hole, Linda Tesar says: Americans moving from state-to-state is declining. But it's not unwillingness to move. Rather, the mix of jobs across states is becoming more similar. We don't move as much because other places don't have much better or worse labor markets. Homogenization. #Econsky
From Jackson Hole, Claudia Goldin says to gov't: If you want more American-born kids, then fund child care, don't deport the nannies and most of all, support gender equality. When men share the burdens, women have more babies. #JacksonHole #EconSky
August 22, 2025 at 2:49 PM
From Jackson Hole, Claudia Goldin says to gov't: If you want more American-born kids, then fund child care, don't deport the nannies and most of all, support gender equality. When men share the burdens, women have more babies. #JacksonHole #EconSky
Historic and well-crafted talk at a critical time in monetary policy history. The feeling in the room reflected the weight of the moment.
Speech by Chair Powell on the economic outlook and framework review at an economic policy symposium sponsored by @kansascityfed.bsky.social: www.federalreserve.gov/newsevents/s...
Watch live: www.youtube.com/KansasCityFed
Learn more about Chair Powell: www.federalreserve.gov/aboutthefed/...
Watch live: www.youtube.com/KansasCityFed
Learn more about Chair Powell: www.federalreserve.gov/aboutthefed/...
August 22, 2025 at 2:44 PM
Historic and well-crafted talk at a critical time in monetary policy history. The feeling in the room reflected the weight of the moment.
Chair Powell just signaled a willingness to cut rates. Bond markets responding strongly now. His argument is that tariffs represent only a one-time price increase, not a real threat of ongoing inflation. Time will tell. #JacksonHole #EconSky
August 22, 2025 at 2:25 PM
Chair Powell just signaled a willingness to cut rates. Bond markets responding strongly now. His argument is that tariffs represent only a one-time price increase, not a real threat of ongoing inflation. Time will tell. #JacksonHole #EconSky
Sitting in Jackson Hole this morning, curious about what Powell will say. The tension is palpable. #JacksonHole #EconSky
August 22, 2025 at 1:58 PM
Sitting in Jackson Hole this morning, curious about what Powell will say. The tension is palpable. #JacksonHole #EconSky
Reposted by Laura Veldkamp
Politics and the Federal Reserve do not mix! It's not just bad for the Fed's reputation, it's also bad for the economy. Investors will be less willing to buy US assets if they can't trust the Federal Reserve to do its job without political interference.
Trump has yet to name his pick to replace Powell, but whomever he chooses will have to overcome doubts that they are setting interest rates free of influence from the White House or risk eroding the institution’s credibility www.nytimes.com/2025/07/10/b... @nytimes.com @darioperkins.bsky.social
Trump’s Push for Influence Over Fed Decisions May Hobble Next Chair
www.nytimes.com
July 10, 2025 at 5:33 PM
Politics and the Federal Reserve do not mix! It's not just bad for the Fed's reputation, it's also bad for the economy. Investors will be less willing to buy US assets if they can't trust the Federal Reserve to do its job without political interference.
Reposted by Laura Veldkamp
NEW: I spoke to a dozen current and formers about low morale at ICE amid the Trump admin's relentless push for more and more arrests. Officers and agents aren't complaining or looking for sympathy but they're facing public anger & political pressure from above www.theatlantic.com/politics/arc...
Trump loves ICE. Its Workforce Has Never Been So Miserable.
A “mission impossible” deportation campaign has left many employees burned out and morally conflicted.
www.theatlantic.com
July 10, 2025 at 12:59 PM
NEW: I spoke to a dozen current and formers about low morale at ICE amid the Trump admin's relentless push for more and more arrests. Officers and agents aren't complaining or looking for sympathy but they're facing public anger & political pressure from above www.theatlantic.com/politics/arc...
Please consider supporting an exciting philanthropic venture by my son Paul and a schoolmate Rylan at the Bronx High School of Science that will bring AI education to Africa this summer: aiworldleaders.up.railway.app
Home - AI World Leaders
aiworldleaders.up.railway.app
July 10, 2025 at 7:25 PM
Please consider supporting an exciting philanthropic venture by my son Paul and a schoolmate Rylan at the Bronx High School of Science that will bring AI education to Africa this summer: aiworldleaders.up.railway.app
The word "fringe" is very unfortunate. This short video clarifies why lives depend on these indirect costs cut from government health grants. zuckermaninstitute.columbia.edu/what-are-ind...
What are indirect costs?
zuckermaninstitute.columbia.edu
June 10, 2025 at 9:56 PM
The word "fringe" is very unfortunate. This short video clarifies why lives depend on these indirect costs cut from government health grants. zuckermaninstitute.columbia.edu/what-are-ind...
When I feel powerless amidst all the crazy, it's helpful to me to just do something. My something was taking the time to talk to NPR about why we should not cut federal data collection. I realize it won't change many minds. But it was something: www.marketplace.org/episode/2025... #econsky #dataecon
What if government data becomes untrustworthy?
It won’t be good for businesses that need to predict tomorrow’s economy. Plus, the warehousing sector, hard versus soft data and Utah’s booming culture of entrepreneurship.
www.marketplace.org
June 4, 2025 at 1:14 AM
When I feel powerless amidst all the crazy, it's helpful to me to just do something. My something was taking the time to talk to NPR about why we should not cut federal data collection. I realize it won't change many minds. But it was something: www.marketplace.org/episode/2025... #econsky #dataecon
Reposted by Laura Veldkamp
Similarly, uncertainty-related terms surged in April as well. Lots of mentions of pulling back on investment plans due to the uncertainty, highlighting the "business planning recession" idea @conorsen.bsky.social coined here: www.nytimes.com/2025/04/20/o...
April 23, 2025 at 6:39 PM
Similarly, uncertainty-related terms surged in April as well. Lots of mentions of pulling back on investment plans due to the uncertainty, highlighting the "business planning recession" idea @conorsen.bsky.social coined here: www.nytimes.com/2025/04/20/o...
We have a few spots left: If you are interested in learning how to do research on the data economy, check out our online summer course: sites.google.com/view/data-ec... #econsky
@isaacbaley.bsky.social
#Finance #AI
@isaacbaley.bsky.social
#Finance #AI
The Data Economy
The most valuable firms in the world today are valued largely for their data. How can we measure this value, understand its consequences and incorporate it in our economic thinking?
Isaac Baley (Pomp...
sites.google.com
April 23, 2025 at 7:38 PM
We have a few spots left: If you are interested in learning how to do research on the data economy, check out our online summer course: sites.google.com/view/data-ec... #econsky
@isaacbaley.bsky.social
#Finance #AI
@isaacbaley.bsky.social
#Finance #AI
Reposted by Laura Veldkamp
Striking stat from @kellycnbc.bsky.social on this:
The rise in treasury yields since Trump’s tariffs were announced leads to an increase in US debt interest payments that is larger than all the DOGE savings.
The rise in treasury yields since Trump’s tariffs were announced leads to an increase in US debt interest payments that is larger than all the DOGE savings.
April 22, 2025 at 1:41 PM
Striking stat from @kellycnbc.bsky.social on this:
The rise in treasury yields since Trump’s tariffs were announced leads to an increase in US debt interest payments that is larger than all the DOGE savings.
The rise in treasury yields since Trump’s tariffs were announced leads to an increase in US debt interest payments that is larger than all the DOGE savings.
Finally some good news! ... Congratulations to Stefanie Stantcheva on the 2025 John Bates Clark award for best economist under 40! I'm humbled to have been part of her selection and inspired by what she has accomplished. #econsky
@s-stantcheva.bsky.social www.aeaweb.org/about-aea/ho...
@s-stantcheva.bsky.social www.aeaweb.org/about-aea/ho...
Stefanie Stantcheva, Clark Medalist 2025
www.aeaweb.org
April 22, 2025 at 1:47 PM
Finally some good news! ... Congratulations to Stefanie Stantcheva on the 2025 John Bates Clark award for best economist under 40! I'm humbled to have been part of her selection and inspired by what she has accomplished. #econsky
@s-stantcheva.bsky.social www.aeaweb.org/about-aea/ho...
@s-stantcheva.bsky.social www.aeaweb.org/about-aea/ho...
Thank you Steve Kerr! A reminder that we can all stand up in our own way to preserve the institutions we treasure.
Steve Kerr wore a Harvard basketball shirt after the Warriors’ win tonight: “Yes, this is me supporting Harvard. Way to go. Way to stand up to the bully.”
April 16, 2025 at 1:30 PM
Thank you Steve Kerr! A reminder that we can all stand up in our own way to preserve the institutions we treasure.
Reposted by Laura Veldkamp
Pat Bajari was one of the most influential economists of the past 30 years, and an amazing person
cla.umn.edu/economics/ne...
cla.umn.edu/economics/ne...
Remembering Patrick L. Bajari (1969-2025)
Patrick L. Bajari was a pioneer spanning the academic and business worlds.
cla.umn.edu
April 15, 2025 at 11:54 PM
Pat Bajari was one of the most influential economists of the past 30 years, and an amazing person
cla.umn.edu/economics/ne...
cla.umn.edu/economics/ne...