Every year, we pull the most recent data from the US Census on household wealth, cut by age. …invariably, the students’ ...

AI issues its judgment: 138 papers audited 2,035 problems found 147 serious enough to change a headline number 69% of papers have at least one 97% of major and moderate errors with a clear direction ...

Does generative AI narrow or widen productivity gaps in research? We study the distributional effects of AI on research productivity in economics using evidence from three sources: NBER working-paper ...

That is the topic of my latest Free Press column (now there are gift links!), here is one excerpt, noting this is a worst-case scenario not a prediction: Yet current systems are likely to prove more ...

Emily Bazelon was the moderator, there were five of us in the symposium.  Excerpt from me: Bores: Do you think the federal government pre-empting the states is consistent with democracy? Cowen: ...

It would take true Milei-like ardour to slice through Brazil’s economic troubles. These are caused by a gnarly mix of high public spending, stubborn inflation and low saving. The result is a crippling ...

More likely than interference with the election is that unsuccessful office-seekers will refuse to concede, claiming their opponents cheated. Nothing is more basic to democratic legitimacy than the ...

Zahan Turel, a backend engineer and eighth-generation Zoroastrian priest from Surat, received a grant to digitize his community’s manuscripts and liturgical records before they are lost. Aditya Vijay, ...

No surprise to me but a new paper looks at the forecast accuracy of over one million prediction questions from Polymarket, ...

This paper examines the revenue and migration impact of the 2026 California Billionaire Tax Act, a one-time 5 percent tax on the worldwide net worth of individuals exceeding $1 billion. Using data ...

Here is the audio, video, and transcript.  Here is one excerpt: Cowen: Talk me out of this worry: So we agree science is an ecosystem, and there’s always a temptation to want to fund the most dynamic, ...

When machines can perform a growing share of tasks, growth depends on two margins: how the task structure affects the returns to accumulating machines, and how strongly capital accumulation responds ...