Reposted by Michael HoffmanInternational Energy Agency @iea.org · 10/10/2026Relatively small amounts of critical minerals underpin trillions of dollars in economic value globally The rare earth export controls introduced in 2025 highlighted the vulnerabilities of concentrated supply chains – & the importance of diversification 👉 buff.ly/B1wPOiC 032
Reposted by Michael HoffmanU.S. Government Accountability Office @gao.gov · 07/10/2026WatchBlog post: Tax Fraud Costs Up to $304 Billion Each Year www.gao.gov/blog/tax-fraud-costs-30…gao.govGAO ReportWatchBlog post: Tax Fraud Costs Up to $304 Billion Each Year https://www.gao.gov/blog/tax-fraud-costs-304-billion-each-year\?utm_medium\=social\&utm_source\=bluesky\&utm_campaign\=usgao 001
Reposted by Michael HoffmanU.S. Government Accountability Office @gao.gov · 05/10/202686% of U.S. properties that are at high risk of flooding don’t have insurance for it. Why are so many homeowners going without it? Find out in today’s WatchBlog post: ow.ly/KkKc50ZTCMX 041
Reposted by Michael HoffmanU.S. Government Accountability Office @gao.gov · 05/10/2026WatchBlog post: As Flood Risks Increase, Most Americans Still Don't Have Insurance for It (Interactive Map) www.gao.gov/blog/flood-risks-increa…gao.govGAO ReportWatchBlog post: As Flood Risks Increase, Most Americans Still Don't Have Insurance for It (Interactive Map) https://www.gao.gov/blog/flood-risks-increase-most-americans-still-dont-have-insurance-it-in 011
Michael Hoffman @leboncondorcet.bsky.social · 13/09/2026Here I thought FIBA Women's gold match was the main event. 😂 010
Michael Hoffman @leboncondorcet.bsky.social · 25/08/2026As in, the guy Locke spends half a book trashing? I am intrigued! 010
Michael Hoffman @leboncondorcet.bsky.social · 29/07/2026It is a challenging time for parents under any circumstances, wishing you all the best and good health. 060
Reposted by Michael HoffmanMichael Hoffman @leboncondorcet.bsky.social · 11/07/2026What does whale oil have to do with critical minerals? They both demonstrate the power of innovation to drive substitution of seemingly essential commodities. My new Substack describes the research and economic history on this underappreciated process. #econsky open.substack.com/pub/macroeco...open.substack.comSubstitution through innovationHow cycles of shocks and adaptation are the constant of economic history 122
Michael Hoffman @leboncondorcet.bsky.social · 12/07/2026I think if you find the evidence I've assembled persuasive, you'll conclude that innovations can make even seemingly intractable engineering purposes more flexible, including in various critical minerals, copper, etc. 010
Michael Hoffman @leboncondorcet.bsky.social · 11/07/2026What does whale oil have to do with critical minerals? They both demonstrate the power of innovation to drive substitution of seemingly essential commodities. My new Substack describes the research and economic history on this underappreciated process. #econsky open.substack.com/pub/macroeco...open.substack.comSubstitution through innovationHow cycles of shocks and adaptation are the constant of economic history 122
Reposted by Michael HoffmanSøren Torbjørn Svendsen @sorentsvendsen.eurosky.social · 10/07/2026Though it isn't journals I thought it might be of interest if you don't already this register 👇 bsky.app/profile/czim... 201
Reposted by Michael HoffmanJonas Nahm @jonasnahm.com · 20/06/20268/ You don't have to make the panels to get that security; you can import them, and the cheapest are Chinese. Making them is a separate, costlier bet—owning the industry, worth it where you can win. In solar you perhaps can't: China holds 80% of every stage. Buy and deploy. 141
Reposted by Michael HoffmanJonas Nahm @jonasnahm.com · 20/06/20267/ The advantage comes in two forms. The first is energy security. LNG has to keep arriving through straits a rival can close. A solar panel, once built, runs 25–30 years on sunlight no one can cut off. Cut the fuel and the power stops; cut the panels and the lights stay on. 161
Reposted by Michael HoffmanMichael R Strain @michaelrstrain.bsky.social · 14/06/2026🧵In Washington, analysts and politicians alike seem increasingly resigned to the idea that the only way the government will engage in fiscal consolidation is in the aftermath of a bond market crisis. #econsky #policysky www.ft.com/content/5ade...ft.comSooner or later, America is going to have to reckon with the debtThere is a bigger political constituency for fiscal consolidation than many think 385
Michael Hoffman @leboncondorcet.bsky.social · 03/06/2026Wanted to draw your attention to GAO's audit of the accuracy of the BLS "Jobs Report": in short, a valued resource that is at risk due to the steady drop in response rates for key surveys. We made three recommendations to BLS and highlight some additional reform options www.gao.gov/products/gao...gao.govU.S. GAO - Federal Statistics: Stakeholders Said Jobs Report Generally Meets Their Needs, but Opportunities Exist to Improve Data QualityFEDERAL STATISTICS: Stakeholders Said Jobs Report Generally Meets Their Needs, but Opportunities Exist to Improve Data Quality The Bureau of Labor... 020
Reposted by Michael HoffmanU.S. Government Accountability Office @gao.gov · 02/06/2026Federal Statistics: Stakeholders Said Jobs Report Generally Meets Their Needs, but Opportunities Exist to Improve Data Quality www.gao.gov/products/gao-26-107538?… 011
Reposted by Michael HoffmanU.S. Government Accountability Office @gao.gov · 02/06/2026The monthly Jobs Report provides employment information that can help businesses, financial institutions, and the government make important decisions. Today’s blog looks at how this report is made and what challenges this effort faces: ow.ly/kCfU50Z4TFX 012
Reposted by Michael HoffmanCapital Weather @capitalweather.com · 31/05/2026📸 Great Falls is roaring — water in the "action" range this morning. Great Falls Park was packed. 💧 Track river levels in our new Forecast Lab 🌤️ June opens beautifully. Clouds build late tonight, lows 50s–60. Monday: Mostly sunny, highs mid-70s to 80. 📸 Kevin Ambrose 11059
Reposted by Michael HoffmanDani Sandler @dismalscientist86.bsky.social · 23/04/2026New Census Working Paper: "The Microstructure of AI Diffusion: Evidence from Firms, Business Functions, and Worker Tasks" by Kathryn Bonney, Cory Breaux, Emin Dinlersoz, Lucia Foster, John Haltiwanger, and Aditya Pande www.census.gov/library/work...census.govThe Microstructure of AI Diffusion: Evidence from Firms, Business Functions, and Worker TasksUsing new Business Trends and Outlook Survey data, we find AI use prevalent in large firms and knowledge-intensive sectors; augments tasks; labor declines rare. 185
Reposted by Michael HoffmanU.S. Government Accountability Office @gao.gov · 16/04/2026WatchBlog post: GAO Follows the Money—Everything You Should Know About Our Audits of Federal Financial Statements www.gao.gov/blog/gao-follows-money-… 001
Reposted by Michael HoffmanAaron Sojourner @aaronsojourner.org · 14/04/2026This is what I was referring to about people being negatively misinformed www.ft.com/content/9c79... 193
Michael Hoffman @leboncondorcet.bsky.social · 05/04/2026Go Blue! What a Final Four match. Team rising to the occasion. 100
Reposted by Michael HoffmanU.S. Government Accountability Office @gao.gov · 30/03/2026Homeowners Insurance: Premiums Generally Tracked Inflation but Rose More in Disaster-Prone Areas www.gao.gov/products/gao-26-107867?… 022
Reposted by Michael HoffmanU.S. Government Accountability Office @gao.gov · 03/04/2026Federal Debt Management: Treasury Is Meeting Borrowing Needs but the Deteriorating Fiscal Outlook Poses Risks www.gao.gov/products/gao-26-107529?… 011
Reposted by Michael HoffmanWiley Economics, Business, and Finance @wileyeconbiz.bsky.social · 31/03/2026Announcing the Economic Inquiry 2025 Best Article Award! This year’s standout, chosen by our editors: “Is economics self-correcting? Replications in the American Economic Review.” from Jörg Ankel-Peters, Nathan Fiala & Florian Neubauer. Read the open access article here: ow.ly/Getp50YAXAk 032
Reposted by Michael HoffmanMetro @wmata.com · 31/03/2026Spring is in the air and so are record numbers. Thursday marked the busiest day since 2020 at four stations, with NoMa-Gallaudet U setting a new all-time record! 🌸 0182
Michael Hoffman @leboncondorcet.bsky.social · 26/03/2026Great discussion here that expertly illustrates the key trade-offs. No easy answers and many goals are in tension. But these kinds of discussions help us make more informed decisions amongst the tough trade-offs. 011
Michael Hoffman @leboncondorcet.bsky.social · 23/03/2026A bit of both! 😂 I will make a note next time I am in the neighborhood. 010
Michael Hoffman @leboncondorcet.bsky.social · 23/03/2026A shame such a nice spot is paywalled behind airport security! 110
Reposted by Michael HoffmanNick Timiraos @nicktimiraos.bsky.social · 22/03/2026Senior BIS economist Hyun Song Shin has been named by South Korea’s president to run the Bank of Korea www.bloomberg.com/news/article...bloomberg.comSKorea’s Lee Nominates BIS Official Shin as New BOK GovernorSouth Korea nominated Shin Hyun Song as the nation’s next central bank governor, charging the senior Bank for International Settlements official with steering monetary policy at a time of growing unce... 0348
Reposted by Michael HoffmanRobin Brooks @robin-j-brooks.bsky.social · 20/03/2026The reason the Dollar isn't stronger is because markets price a much more hawkish policy shift by central banks in the G10 compared to the Fed. That's moving rate differentials against the Dollar and tempering what otherwise would be an even bigger rise... robinjbrooks.substack.com/p/what-this-... 192
Reposted by Michael HoffmanRAND @rand.org · 20/03/2026This new report examines economic shocks in the United States, providing insights that can help anticipate recessions and develop appropriate policy responses.bit.lyUnderstanding the Impacts of Economic Shocks in the United StatesThe ability to anticipate recessions and develop appropriate policy responses requires a strong understanding of economic shocks and their macroeconomic impacts. A new typology of 20 types of such sho... 122
Reposted by Michael HoffmanU.S. Government Accountability Office @gao.gov · 18/03/2026WatchBlog post: What Are The Lowest-Performing Schools Doing to Improve? www.gao.gov/blog/what-are-lowest-pe… 001
Reposted by Michael HoffmanMichael Hoffman @leboncondorcet.bsky.social · 12/03/2026I have a Substack up that encourages us to look past the illusion of scarcity to see the remarkable ability of the economy to create jobs, universities, housing and more. See how long run data and empirical research make the case for adaptation and innovation as the solution to scarcity. #Econskymacroeconomicdiscipline.substack.comZero Sum (Fixed Pie) Fallacies About the EconomyTaking the long view to reap the benefits of economic adaptation 001
Reposted by Michael HoffmanU.S. Government Accountability Office @gao.gov · 10/03/2026WatchBlog post: Why Fewer Insurers in Dental and Vision Markets Could Matter to You www.gao.gov/blog/why-fewer-insurers… 001
Reposted by Michael HoffmanU.S. Government Accountability Office @gao.gov · 10/03/2026Depending on where you live in the U.S., a small number of companies may control large portions of the dental and vision insurance markets. Today’s WatchBlog post looks at what this market concentration could mean for you: ow.ly/ZVK750YoQqI 011
Michael Hoffman @leboncondorcet.bsky.social · 12/03/2026I have a Substack up that encourages us to look past the illusion of scarcity to see the remarkable ability of the economy to create jobs, universities, housing and more. See how long run data and empirical research make the case for adaptation and innovation as the solution to scarcity. #Econskymacroeconomicdiscipline.substack.comZero Sum (Fixed Pie) Fallacies About the EconomyTaking the long view to reap the benefits of economic adaptation 001
Michael Hoffman @leboncondorcet.bsky.social · 10/03/2026Very thoughtful overview of what is becoming a nuanced literature cataloging disparate effects. 000
Reposted by Michael HoffmanScott Lincicome @scottlincicome.bsky.social · 09/03/2026"Happy Birthday, Wealth of Nations" www.econlib.org/econlog/happ...econlib.orgHappy Birthday, Wealth of Nations - EconlibToday marks the 250th anniversary of the publication of Adam Smith‘s An Inquiry into the Nature and Causes of the Wealth of Nations on March 9, 1776. Wealth of Nations remains a remarkable book, not… 0218
Michael Hoffman @leboncondorcet.bsky.social · 26/02/2026Love this concept and hoping for robust participation by federal economists. 010
Reposted by Michael HoffmanAlexander Kustov @akoustov.bsky.social · 25/02/2026🚨 Please share widely! 🚨 I'm hiring a postdoc (from Aug 1) to help build a new research program on politically sustainable immigration policies at Notre Dame. Looking for a social scientist with strong quant skills, familiarity with new computational tools, and interest in public-facing research. 25757
Michael Hoffman @leboncondorcet.bsky.social · 26/02/2026Wolverines in Columbus tonight is absolutely epic. If you are not watching this game you are missing out. Tied in OT with 8.5 seconds left. 100
Reposted by Michael HoffmanDavid Wessel @davidmwessel.bsky.social · 24/02/2026Chris Hughes & Josh Younger criticize the Fed’s ample reserves framework, see IORB as a subsidy to the banks. Don Kohn and Bill English disagree. via @brookings.edu Hutchins Center www.brookings.edu/articles/the...brookings.eduThe Fed's ample reserves framework: A report and a response | BrookingsA proposal, and response, about the Fed's ample reserves framework. 034
Reposted by Michael HoffmanSociety of Government Economists @sgeecon.bsky.social · 20/02/2026Looking for a way to get more involved with the Society of Government Economists? Nominations for the board of directors are being accepted through March 3rd. It’s a great group! www.sge-econ.org/about/electi...sge-econ.orgNominations for 2026 SGE Board of Directors – The Society of Government Economists 035
Reposted by Michael HoffmanMichael Hoffman @leboncondorcet.bsky.social · 19/02/2026The economics journal and working paper Starter Pack has expanded considerably! Many thanks to those who have shared or provided suggestions, especially @sorentsvendsen.bsky.social and @o.simardcasanova.net with many good suggestions. 021
Michael Hoffman @leboncondorcet.bsky.social · 19/02/2026The economics journal and working paper Starter Pack has expanded considerably! Many thanks to those who have shared or provided suggestions, especially @sorentsvendsen.bsky.social and @o.simardcasanova.net with many good suggestions. 021