Place-Based Subsidies Aren’t Great Job Creators
That turned out to be the commonality among the four papers I discussed at the Association for Public Policy Analysis and Management last weekend: In “Subsidizing Data Centers”, Vijay Prakash found that US states subsidizing data centers saw no significant difference in unemployment (or electric prices) compared to those that didn’t. 2. In “Spillover Effects…
With Inflation Staying High, Consider I-Bonds
The latest CPI-U data suggests inflation was around 4 percent in the past year (I say “around” because due to the late 2025 government shutdown, we have no October 2025 baseline data to calculate the rate). The persistently high inflation — even using the core CPI, it is still close to 3 percent — and…
Potential Effects on Nvidia of Jensen Huang’s Affair with Alleged Chinese Spy
Image Source You couldn’t make this up. The CEO of the second most valuable company on earth, at the very center of the AI technology which is driving, well, everything, including the U.S./China rivalry – – Jensen Huang himself – – over the weekend acknowledged over the weekend in an internal Nvidia memo that he…
Something went wrong. Please refresh the page and/or try again.
