Steve Cicala @stevecicala.bsky.social · 04/09/2026My Tufts colleagues have heard me rant about this too many times, but the first new stop on the Boston system in 30 years landed in the University’s lap and the first thing they did was…expand the athletic fields immediately next to it. Just madness. 140
Steve Cicala @stevecicala.bsky.social · 27/08/2026I really can’t wait for Google’s explanation for why they caved to Trump’s insanity on Mexico, but won’t change Lake Ontario’s name. 011
Steve Cicala @stevecicala.bsky.social · 21/08/2026This is great. Reinforces my belief that a modern manufacturing process for transformers would be extremely lucrative and consequential. Look at this. You’re telling me that’s the best way to build? C’mon now. Your customers must make money by spending money… 030
Steve Cicala @stevecicala.bsky.social · 15/08/2026These generators are those yellow and brown dots on the far left of this graph: The most expensive generators to run, only used at peak demand. The idea of running a massive electricity-consuming plant around the clock on these things is as insane as racing on the autobahn in first gear. 284
Steve Cicala @stevecicala.bsky.social · 05/07/2026Note the Robert Moses legacy persists to this day: overpasses specifically designed to be too low for buses or a median-line train. I also liked the 1950’s natural field experiment description, often credited as a more recent innovation. 120
Steve Cicala @stevecicala.bsky.social · 02/07/2026Just received a spammy emailing licking Trump’s boots from the U.S. Social Security Administration and I swear someone broke a law somewhere with SSA data just to stroke Dear Leader’s ego. 041
Steve Cicala @stevecicala.bsky.social · 02/07/2026Chris Rufo, your ancestors were Italian for the love of furbizia. The Klein interview was a series of near pin-downs, moving on to a new topic before ever forcing Rufo to tap out. 000
Steve Cicala @stevecicala.bsky.social · 05/06/2026I think the front page of ESPN advertising the spread, sponsored by the bookie is probably bad for sport. 020
Steve Cicala @stevecicala.bsky.social · 23/04/2026As much as I admire your work, this is not correct. There's good reason to doubt the efficacy of many EE programs. This has been true since Joskow v. Lovins. And by recovering those costs on energy bills, it definitely discourages electrification. 000
Steve Cicala @stevecicala.bsky.social · 08/04/2026$1M per ship -> $1.8B every two weeks. (Likely paid in ¥, to further sanction-proof Iran & strengthen China) 0111
Steve Cicala @stevecicala.bsky.social · 03/04/2026Yes, I’m sure it was the backlash that was pivotal. 080
Steve Cicala @stevecicala.bsky.social · 23/03/2026This excellent post makes it clear how mind-boggling this situation is, and how poorly it is being covered. Our press has fallen back on Presidential stenography as its primary function. no01.substack.com/p/march-19-2... 040
Steve Cicala @stevecicala.bsky.social · 05/03/2026Here's the (chatGPT-extracted & compiled) plot of "Total Bad" vs support for that country's right-wing party. Raw data in the alt-txt. 161
Steve Cicala @stevecicala.bsky.social · 20/02/2026The markets are not "muted" in response to tariffs--they've already priced much of it in: - Prediction markets fell 25% after oral arguments. - The firms hardest hit by tariff announcement largely recovered after arguments. - Looking forward, new tariffs are anticipated. 010
Steve Cicala @stevecicala.bsky.social · 12/01/2026🚨 Call for Papers: 🚨 The 5th NBER Regulation Conference will be in Cambridge on April 24, 2026. This is a great opportunity to talk to people in different fields about shared regulatory issues! Submissions are due Feb 10. conference.nber.org/confsubmit/b... 031
Steve Cicala @stevecicala.bsky.social · 12/01/2026The administration's survival demands an ever-escalating series of scandals to prevent accountability itself from becoming the story. Does anyone think this is going to level off or settle down for the next 3 years? There's just no way this lasts until 2029. 012
Steve Cicala @stevecicala.bsky.social · 07/01/2026It's a mug's game to take the administration's claims at face value and attempt to negotiate on those terms in good faith. It embodies weakness. This has nothing to do with cost-sharing (or security for that matter), and everything to do with ego-stroking by planting flags on maps. 010
Steve Cicala @stevecicala.bsky.social · 03/12/202511 out of 15 papers in the last issue just completely erased the contribution of authors! But at least they share the formatting editor of NBER Working papers. What’s that tab indent? How about another for no reason! Just keeping you in your toes, freestyling in the table of contents. 010
Steve Cicala @stevecicala.bsky.social · 26/11/2025Witkoff sounds a lot like Harry Ellis in Die Hard. “Vlady baby, I love you, and the world should love you! I think we have a real chance here to do something amazing!” 031
Steve Cicala @stevecicala.bsky.social · 08/11/2025Boston-area petting zoos know their clientele. 2290
Steve Cicala @stevecicala.bsky.social · 07/11/2025A very interesting JMP on how insurers use their vertical integration with pharmacy benefit managers to tunnel profits around regulations on medical loss ratios: www.ydeeric.com Reminder to JMCs: Don't post your paper via dropbox or drive. Many organizations can't access them. 050
Steve Cicala @stevecicala.bsky.social · 29/10/2025You know who else faces severe restrictions on access to the most up-to-date releases of automobiles? 080
Steve Cicala @stevecicala.bsky.social · 27/10/2025The "hollowing out" of US manufacturing used to justify IEEPA authority is a fiction. Output is within a few % of all-time highs. Since 1989 output is ⬆️ 67% while employment is ⬇️ 28%. Their claim is false and their solution is nonsense. Thanks to @stanveuger.bsky.social for organizing this brief! 0349
Steve Cicala @stevecicala.bsky.social · 23/10/2025*all of the White House. Is there something protecting the rest of the campus from which the East Wing was exempt? This has been so easy, I would be surprised if he doesn't `update' his plans and tear even more down. "That's how construction goes...you get started and find a problem..." 041
Steve Cicala @stevecicala.bsky.social · 17/10/2025This is a real test, especially as CBAM implementation advances, of whether or not the EU is chickenshit, in the words of @adamserwer.bsky.social Find that spine, friends. 080
Steve Cicala @stevecicala.bsky.social · 15/10/2025Gita Gopinath is no Nouriel Roubini, always predicting doom. In any case, there goes Fama's subscription, again. 181
Steve Cicala @stevecicala.bsky.social · 10/10/2025I really can't think of anything in economics that compares to the tectonic shift of Duflo & Banerjee moving to @econ.uzh.ch The closest event has got to be Einstein resigning from the Prussian academy in 1933 and moving to the US. mathshistory.st-andrews.ac.uk/Extras/Einst... 190
Steve Cicala @stevecicala.bsky.social · 03/10/2025Again? I thought the LAST WARNING was on Sept 7. Or March 5th. It's hard to keep track of his final offers. He's very good at this negotiation thing. 010
Steve Cicala @stevecicala.bsky.social · 22/09/2025This Einstein guy was pretty sharp. www.commentary.org/articles/sid... 010
Steve Cicala @stevecicala.bsky.social · 18/09/2025* 2 economists, 1 investor, and 1 self-important lawyer. This discussion is an example of credentials mattering. Cass has to be corrected multiple times. In bad faith, he refuses to acknowledge the corrections. His participation is not informing readers. www.nytimes.com/2025/09/18/o... 091
Steve Cicala @stevecicala.bsky.social · 15/09/20251958: "within the next two decades," or by about 1975. 182
Steve Cicala @stevecicala.bsky.social · 30/08/2025Me, reading V.O.S. SELECTIONS, INC. v. TRUMP: I don't think we should empower glorified college debaters who believe their superior intelligence can overrule specialized expertise to make consequential decisions for the country. 040
Steve Cicala @stevecicala.bsky.social · 25/08/2025It would be a real shame if more people read the report that triggered Marzulla law to threaten academics and undergrads for the crime of simply studying the suits they file. drive.google.com/file/d/1nrMS... 081
Steve Cicala @stevecicala.bsky.social · 23/08/2025"Things have changed dramatically" is going to be carved on John Roberts' tombstone whether he likes it or not. 1102
Steve Cicala @stevecicala.bsky.social · 16/08/2025And now the question has been answered: All it took was a little 2020 election flattery. He's the easiest mark on the planet. 020