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Economy

More evidence on the effects of recent tariffs

Trump is giving economists something to write papers about: U.S. tariff rates in 2025 rose to levels not seen since the Great Depression, yet imports increased. To account for the missing trade collapse, we develop an open-economy New Keynesian model with tariff heterogeneity, inventories, and shocks to investment that capture the AI-driven boom. The model […] The post More evidence on the effects of recent tariffs appeared first on Marginal REVOLUTION. CommentsLike Ptolemy adding epicycles. ...

United States
Culture

Indian documentary covers EV winners

A new short documentary (22 mins) film called The 22nd Century Indian by Shaurya Sinha offers an optimistic take on India, and also covers five (!) Emergent Ventures winners. Congratulations to them, and to Shruti too. EV India winners featured: Naman Pushp https://x.com/therealnamzoo?s=11 Khushi Mittal: https://khushimittal.com Shreeporna Rao: https://x.com/shreepoorna365?s=11 Samay Sanghvi: https://www.thealmanac.ai/article/samaysanghvii Angad Daryani: https://www.linkedin.com/in/angaddarya...

India