Justin Wolfers
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justinwolfers.bsky.social
Justin Wolfers
@justinwolfers.bsky.social
130K followers 370 following 2.2K posts

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

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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%
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justinwolfers.bsky.social
Justin Wolfers @justinwolfers.bsky.social · 4h
AI anxiety often misses the key margin: it’s not “humans vs machines,” it’s “humans who use machines vs humans who don’t.” The tech shifts who’s productive—and who gets paid.

Remember, you don't need to outrun the bear.

justinwolfers.bsky.social
Justin Wolfers @justinwolfers.bsky.social · 11h
Let's grab coffee, sit down, and enjoy a nice long chat about the economy, and everything that's going on. And if it's okay, my mate Charlie Sykes will join us too. There's a lot he wants to discuss.
www.youtube.com/watch?v=xLEe...
What’s With Rich People These Days?
Following Jeff Bezos's gutting of the Washington Post, economist Justin Wolfers joins Charlie to try to unpack billionaires' actions. Also, how's the American economy really doing these days?
www.youtube.com

Reposted by Kim L. Scheppele, Kevin Milligan

justinwolfers.bsky.social
Justin Wolfers @justinwolfers.bsky.social · 1d
“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

justinwolfers.bsky.social
Justin Wolfers @justinwolfers.bsky.social · 1d
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.

justinwolfers.bsky.social
Justin Wolfers @justinwolfers.bsky.social · 1d
"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."

justinwolfers.bsky.social
Justin Wolfers @justinwolfers.bsky.social · 2d
"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

Reposted by Bruce D. Baker, Miguel Á. Malo

justinwolfers.bsky.social
Justin Wolfers @justinwolfers.bsky.social · 2d
"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."

justinwolfers.bsky.social
Justin Wolfers @justinwolfers.bsky.social · 2d
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...

justinwolfers.bsky.social
Justin Wolfers @justinwolfers.bsky.social · 3d
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.

justinwolfers.bsky.social
Justin Wolfers @justinwolfers.bsky.social · 3d
Markets forces, for the win. (This isn't me, but I gotta admire the hustle.) koinastee.com/product/just...
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justinwolfers.bsky.social
Justin Wolfers @justinwolfers.bsky.social · 3d
What is the "crypto industry"?

Like, what does it produce?

Reposted by Christian Odendahl, Menzie Chinn, Steven S. Smith , and 2 more

justinwolfers.bsky.social
Justin Wolfers @justinwolfers.bsky.social · 4d
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

justinwolfers.bsky.social
Justin Wolfers @justinwolfers.bsky.social · 5d
At what point does a misrepresentation become a lie?

Reposted by Stacy D. VanDeveer, Florian Keusch, Nathan P. Kalmoe

justinwolfers.bsky.social
Justin Wolfers @justinwolfers.bsky.social · 5d
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.