George Waters
@gawater.bsky.social
Professor focused on Macroeconomics (mostly)
Author of primeronmacro.blogspot.com/
Substack at https://gdubbbb.substack.com/
Occasional posts on #Chess and #ClevelandCavs
Author of primeronmacro.blogspot.com/
Substack at https://gdubbbb.substack.com/
Occasional posts on #Chess and #ClevelandCavs
Discussion of Ted Cruz's proposal to eliminate interest on reserves: #EconSky #TedCruz #FederalReserve
substack.com/profile/2566...
substack.com/profile/2566...
George Waters on Substack
Ted Cruz has proposed eliminating interest on bank reserves from the Fed as a way to save money. It is true that the Fed has been in the red for (almost) the last couple of years . In between the Grea...
substack.com
June 13, 2025 at 2:34 PM
Discussion of Ted Cruz's proposal to eliminate interest on reserves: #EconSky #TedCruz #FederalReserve
substack.com/profile/2566...
substack.com/profile/2566...
Reposted by George Waters
Three things made the US a rich and powerful nation: the rule of law, its science & innovation system, and openness to foreign talent. Remarkable how Trump has taken a sledgehammer to all three. No enemy of this country could do more.
May 22, 2025 at 11:09 PM
Three things made the US a rich and powerful nation: the rule of law, its science & innovation system, and openness to foreign talent. Remarkable how Trump has taken a sledgehammer to all three. No enemy of this country could do more.
Reposted by George Waters
"You read books, eh?" A 1949 red scare Herblock cartoon about pressures on teachers that hits hard once again.
May 21, 2025 at 12:54 PM
"You read books, eh?" A 1949 red scare Herblock cartoon about pressures on teachers that hits hard once again.
Reposted by George Waters
10/ Please help share our extended replication to correct the record on this misleading policy evaluation!
Full replication text here: www.econstor.eu/handle/10419...
Full replication text here: www.econstor.eu/handle/10419...
Re-Analysis of Ciacci, R. (2024). Banning the purchase of sex increases cases of rape: evidence from Sweden.
EconStor is a publication server for scholarly economic literature, provided as a non-commercial public service by the ZBW.
www.econstor.eu
May 9, 2025 at 9:29 AM
10/ Please help share our extended replication to correct the record on this misleading policy evaluation!
Full replication text here: www.econstor.eu/handle/10419...
Full replication text here: www.econstor.eu/handle/10419...
Reposted by George Waters
The Paris School of Economics Stone center on Global Wealth Dynamics is offering fully-funded PhD fellowships for student working on inequality. Deadline May 4. Details and applications here
👇👇👇
stone-center-pse.eu/grants/phd-f...
👇👇👇
stone-center-pse.eu/grants/phd-f...
PhD Fellowship | Stone Center PSE
stone-center-pse.eu
April 16, 2025 at 3:16 PM
The Paris School of Economics Stone center on Global Wealth Dynamics is offering fully-funded PhD fellowships for student working on inequality. Deadline May 4. Details and applications here
👇👇👇
stone-center-pse.eu/grants/phd-f...
👇👇👇
stone-center-pse.eu/grants/phd-f...
Reposted by George Waters
Old North Church in Boston last night on the 250th anniversary of Paul Revere's ride.
April 18, 2025 at 7:39 PM
Old North Church in Boston last night on the 250th anniversary of Paul Revere's ride.
Reposted by George Waters
The penguins will greet us as liberators.
April 7, 2025 at 11:39 AM
The penguins will greet us as liberators.
Reposted by George Waters
With all respect to the sanguine predictions from fellow economists: Standard quantitative trade models don’t seem to capture the loss of global public goods, such as the rules-based international order.
April 7, 2025 at 12:15 AM
With all respect to the sanguine predictions from fellow economists: Standard quantitative trade models don’t seem to capture the loss of global public goods, such as the rules-based international order.
Reposted by George Waters
The internet at its best. Four great penguin memes (that none of us would have got, even 24 hours ago)
April 3, 2025 at 5:05 PM
The internet at its best. Four great penguin memes (that none of us would have got, even 24 hours ago)
Reposted by George Waters
If Ken doesn't slow down he'll be running the Treasury in two weeks
April 1, 2025 at 8:07 PM
If Ken doesn't slow down he'll be running the Treasury in two weeks
Reposted by George Waters
I received a heartbreaking email today: A paper in a special issue I’m editing is being retracted because one of its authors is afraid of losing their job and their legal status in the U.S. if they publish a scientific study on evolution. Yes, on evolution, nature's engine of diversity.
March 29, 2025 at 11:52 PM
I received a heartbreaking email today: A paper in a special issue I’m editing is being retracted because one of its authors is afraid of losing their job and their legal status in the U.S. if they publish a scientific study on evolution. Yes, on evolution, nature's engine of diversity.
How much blame should we give Mercatus for Trump's interest in Greenland and Canada?
March 26, 2025 at 4:51 PM
How much blame should we give Mercatus for Trump's interest in Greenland and Canada?
Reposted by George Waters
Reposted by George Waters
EU-19 headline inflation running at 2.28% y/y in Feb 2025, down -0.19 p.p. from last month. Energy price inflation at 0.1%. ECB inflation target is 2%. #HICP #inflation #econsky
March 19, 2025 at 12:16 PM
EU-19 headline inflation running at 2.28% y/y in Feb 2025, down -0.19 p.p. from last month. Energy price inflation at 0.1%. ECB inflation target is 2%. #HICP #inflation #econsky
Has anyone asked Trump whether he plans to give Alaska back to Russia?
March 16, 2025 at 6:43 PM
Has anyone asked Trump whether he plans to give Alaska back to Russia?
Reposted by George Waters
Complete batshit lunacy on the president's Truth Social account. Yes, he really posted this.
February 26, 2025 at 5:11 AM
Complete batshit lunacy on the president's Truth Social account. Yes, he really posted this.
Reposted by George Waters
The 2025 Macroeconomic Policy Perspectives, hosted by the Becker Friedman Institute at the University of Chicago in collaboration with JPE Macro, will be held October 16-17, 2025 in Chicago, Illinois. Access the Call for Papers at bfi.uchicago.edu/events/event...
#EconSky
#EconSky
Call for Papers: 2025 Macroeconomic Policy Perspectives - Becker Friedman Institute
Scientific Committee Veronica Guerrieri, University of Chicago Anil Kashyap, University of Chicago The 2025 Macroeconomic Policy Perspectives, hosted by the Becker Friedman Institute at the University...
bfi.uchicago.edu
February 14, 2025 at 5:33 PM
The 2025 Macroeconomic Policy Perspectives, hosted by the Becker Friedman Institute at the University of Chicago in collaboration with JPE Macro, will be held October 16-17, 2025 in Chicago, Illinois. Access the Call for Papers at bfi.uchicago.edu/events/event...
#EconSky
#EconSky
Reposted by George Waters
Major imports that would be hit by the tariffs Trump has threatened for tomorrow include
91% of imported trucks
83% of game consoles
83% of toys
81% of TVs
80% of natural/petroleum gases
76% of air conditioners
70% of crude oil
67% of chairs
66% of vehicle parts
66% of computers
91% of imported trucks
83% of game consoles
83% of toys
81% of TVs
80% of natural/petroleum gases
76% of air conditioners
70% of crude oil
67% of chairs
66% of vehicle parts
66% of computers
February 1, 2025 at 3:33 AM
Major imports that would be hit by the tariffs Trump has threatened for tomorrow include
91% of imported trucks
83% of game consoles
83% of toys
81% of TVs
80% of natural/petroleum gases
76% of air conditioners
70% of crude oil
67% of chairs
66% of vehicle parts
66% of computers
91% of imported trucks
83% of game consoles
83% of toys
81% of TVs
80% of natural/petroleum gases
76% of air conditioners
70% of crude oil
67% of chairs
66% of vehicle parts
66% of computers
Reposted by George Waters
Please kill me
February 1, 2025 at 2:47 AM
Please kill me
Reposted by George Waters
Bitcoin falls below 100K
January 27, 2025 at 10:43 AM
Bitcoin falls below 100K
Reposted by George Waters
Just posted a new textbook chapter on “Money and Banking.” Covers bank runs, panics, banking regulation, lender of last resort, payment systems, development of paper money, ledger-based money, fractional reserve banking, bills of exchange, free banking, and more!
eml.berkeley.edu/~jsteinsson/...
eml.berkeley.edu/~jsteinsson/...
eml.berkeley.edu
January 23, 2025 at 2:05 PM
Just posted a new textbook chapter on “Money and Banking.” Covers bank runs, panics, banking regulation, lender of last resort, payment systems, development of paper money, ledger-based money, fractional reserve banking, bills of exchange, free banking, and more!
eml.berkeley.edu/~jsteinsson/...
eml.berkeley.edu/~jsteinsson/...
Reposted by George Waters
JUST IN: Japan's central bank hikes rates to the highest level since 2008, solidifying the nation's move away from rock-bottom borrowing costs.
Follow our live blog for the latest news and analysis ⤵️
Follow our live blog for the latest news and analysis ⤵️
Japan’s Central Bank Raises Interest Rate to Highest Level Since 2008
Bank of Japan Raises Interest Rate to Highest Level Since 2008: Live Updates
www.bloomberg.com
January 24, 2025 at 3:32 AM
JUST IN: Japan's central bank hikes rates to the highest level since 2008, solidifying the nation's move away from rock-bottom borrowing costs.
Follow our live blog for the latest news and analysis ⤵️
Follow our live blog for the latest news and analysis ⤵️
Reposted by George Waters
Excellent NYT interview with the outgoing U.S. ambassador to Hungary. This is a key insight!
January 19, 2025 at 4:13 PM
Excellent NYT interview with the outgoing U.S. ambassador to Hungary. This is a key insight!
Reposted by George Waters
Liquid part of Russia's National Welfare Fund end-2024 $39 bn, down from $113 bn at end-2021. War requires its funding.
January 20, 2025 at 12:24 PM
Liquid part of Russia's National Welfare Fund end-2024 $39 bn, down from $113 bn at end-2021. War requires its funding.
Reposted by George Waters
Trade pundits today
a man in armor with the words so it begins
ALT: a man in armor with the words so it begins
media.tenor.com
January 20, 2025 at 1:37 PM
Trade pundits today