Rick Evans
@RickEcon
Senior Economist @abundanceinst; OG-Core, FiscalSim, @oselab, macro/computational/public economics, and outdoor aficionado
While the U.S. has played a leading role in scientific advancement in recent decades, I am concerned that this leadership is now in serious jeopardy. For this reason, I have chosen to sign the Letter from NAS Members to Congress in support of continued funding for scientific…
"Ambitious optimism is morally mandatory." @abundanceinst interview with @mattwridley, author of the Rational Optimist. "Innovation.. more of a bottom-up... interaction among ordinary individuals... than through... top-down direction of clever geniuses." youtu.be/mBUP-cmk7GA?si…
We keep forgetting: the big fertility collapse of the past decade has happened mostly in middle- and low-income countries. Here’s a non-exhaustive list of countries with lower TFR than the U.S. Source and more details below: x.com/JesusFerna7026…
I’m sharing my slide deck on the demographic future of humanity, 🔗 Slides: sas.upenn.edu/~jesusfv/Slide… prepared for the keynote address I will give tomorrow to the 7th EBRD and CEPR Research Symposium on “The Economics of Demographic Change”: 🔗 Symposium: ebrd.com/home/news-and-……
💻 If you’re serious about computation in economics, you eventually need to get serious about hardware. And that includes FPGAs 🔌. ⚙️ Field-programmable gate arrays (FPGAs) allow users to configure programmable logic blocks to execute specific algorithms, avoiding the…
The House plans to vote on a balanced budget amendment to the Constitution before September 30! The different BBAs should compete on the House floor so members have real choices.
Yesterday, Ike Brannon and I updated our analysis of the full R&D expense deductibility component of the One Big Beautiful Bill. We removed the erroneously included behavioral response from businesses in the 2022-2024 period. We still get an investment pop in 2026 (due to 2025…
Posting the slides for Lecture 2 of our PISM course on foundational thinkers in economics: Adam Smith (1723–1790) and the Scottish Enlightenment: 📄 sas.upenn.edu/~jesusfv/ET_2_… 🎥 Videos here: sites.google.com/view/foundatio… And no, I haven’t forgotten I want to post more on some…
Yesterday, I presented at the IMF-WIFPR Conference on the Evolving Global Financial Architecture. My slide deck on the future of global financial and payment systems is here: 🔗 sas.upenn.edu/~jesusfv/Slide… My baseline: the dollar continues to dominate globally for another 10 years,…
Crisis Cycle: Challenges, Evolution, and the Future of the Euro, by @JohnHCochrane, @lugaricano, and @masuch_klaus, just landed in my mailbox by courtesy of @PrincetonUPress! I wrote one of the blurbs on the back after reading an advance copy, but let me restate the core…