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← The main function of education is signalling rather than building…
17 connected korrents · 14 moments on record from 5 Sept 2010 to 31 Aug 2026. Nearly all of them are about inflation .
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government
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public debt
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education
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interest rates
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Google
Everything filed under data centers
data centers
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price gouging Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Read this korrent: The main function of education is signalling rather than building skill, so subsidising it mostly inflates credentials. The main function of education is signalling rather than building skill, so subsidising it mostly inflates credentials. Last stated 2 years ago
19 Feb 2025
BC
Bryan Caplan — holds since 2025-02-19 — tap for who they are
Same subject: Central bank purchases of government bonds are not bailouts and do not automatically cause inflation, since they only change the composition of the consolidated government's liabilities, not their total. — tap to centre the map on it Central bank purchases of government bonds are not bailouts and do not automatically cause inflation, since they only change the composition of the consolidated government's liabilities, not their total. Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: The return of inflation is what made Donald Trump's second presidency possible, and therefore what makes everything that presidency changes possible. — tap to centre the map on it The return of inflation is what made Donald Trump's second presidency possible, and therefore what makes everything that presidency changes possible. Last stated 2 years ago
19 Jan 2025
JB
Jennifer Burns — holds since 2025-01-19 — tap for who they are
Same subject: A company's staff-engineer bar should be set against the best companies in the industry rather than against its own history, which is what makes title inflation a real cost. — tap to centre the map on it A company's staff-engineer bar should be set against the best companies in the industry rather than against its own history, which is what makes title inflation a real cost. Last stated 5 months ago
1 Apr 2026
TP
Thuan Pham — holds since 2026-04-01 — tap for who they are
Same subject: Cash welfare benefits contributed at least somewhat to the inflation of 2021-2022. — tap to centre the map on it Cash welfare benefits contributed at least somewhat to the inflation of 2021-2022. Last stated 4 years ago
25 Jul 2022
NS
Noah Smith — holds since 2022-07-25 — tap for who they are
Same subject: Data centres had not raised the average American household's electricity bill as of 2025; inflation and the gas-price shock did. — tap to centre the map on it Data centres had not raised the average American household's electricity bill as of 2025; inflation and the gas-price shock did. Last stated 11 months ago
10 Oct 2025
AM
Andy Masley — holds since 2025-10-10 — tap for who they are
Same subject: Handing out cheques during Covid and accepting the inflation was less damaging than price controls and rationing would have been. — tap to centre the map on it Handing out cheques during Covid and accepting the inflation was less damaging than price controls and rationing would have been. Last stated 2 years ago
20 Aug 2024
JC
John H. Cochrane — holds since 2024-08-20 — tap for who they are
Same subject: It has virtually never got cheaper to build a house or an office: construction costs rise at or above general inflation, in every rich country and over a century of data. — tap to centre the map on it It has virtually never got cheaper to build a house or an office: construction costs rise at or above general inflation, in every rich country and over a century of data. Last stated 5 months ago
23 Apr 2026
BP
Brian Potter — holds since 2026-04-23 — tap for who they are
Same subject: Judging by output kept near potential despite weak private demand, Japan's decades of high debt and low inflation reflect a qualified policy success, not failure. — tap to centre the map on it Judging by output kept near potential despite weak private demand, Japan's decades of high debt and low inflation reflect a qualified policy success, not failure. Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: A puzzle whose categories can only be seen by the broadly educated is elitist by construction. — tap to centre the map on it A puzzle whose categories can only be seen by the broadly educated is elitist by construction. Last stated 3 years ago
2 Sept 2023
RK
Raph Koster — holds since 2023-09-02 — tap for who they are
Same subject: A school should be judged on how fast its students are learning, not on how much they already know when measured. — tap to centre the map on it A school should be judged on how fast its students are learning, not on how much they already know when measured. Last stated a week ago
31 Aug 2026
JL
Joe Liemandt — holds since 2026-08-31 — tap for who they are
Same subject: A worked example whose scaffolding is progressively removed teaches faster than making a child figure the problem out unaided. — tap to centre the map on it A worked example whose scaffolding is progressively removed teaches faster than making a child figure the problem out unaided. Last stated a week ago
31 Aug 2026
JL
Joe Liemandt — holds since 2026-08-31 — tap for who they are
Same subject: During post-2008 fiscal consolidation, the costs of high public debt were overestimated and fiscal multipliers were underestimated, understating the output costs of austerity. — tap to centre the map on it During post-2008 fiscal consolidation, the costs of high public debt were overestimated and fiscal multipliers were underestimated, understating the output costs of austerity. Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: Germany's constitutional debt brake will not be reformed. — tap to centre the map on it Germany's constitutional debt brake will not be reformed. Last stated 2 years ago
4 Mar 2025
FM
Friedrich Merz — holds since 2025-02-25 — tap for who they are
FM
Friedrich Merz — no longer holds since 2025-03-04 — tap for who they are
Same subject: Public investment cannot be assumed to be automatically financeable by debt merely because it has high social returns. — tap to centre the map on it Public investment cannot be assumed to be automatically financeable by debt merely because it has high social returns. Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: Canceling government bonds held by a central bank creates no fiscal space, because the reduction in government interest payments is exactly offset by an equal reduction in the profits the central bank remits to the government. — tap to centre the map on it Canceling government bonds held by a central bank creates no fiscal space, because the reduction in government interest payments is exactly offset by an equal reduction in the profits the central bank remits to the government. Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: A central bank can eliminate a self-fulfilling ('sunspot') debt crisis simply by credibly committing to buy as many bonds as needed at the low interest rate. — tap to centre the map on it A central bank can eliminate a self-fulfilling ('sunspot') debt crisis simply by credibly committing to buy as many bonds as needed at the low interest rate. Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: Aggressive quantitative easing should raise long-term interest rates, because effective monetary stimulus raises them. — tap to centre the map on it Aggressive quantitative easing should raise long-term interest rates, because effective monetary stimulus raises them. Last stated 16 years ago
6 Sept 2010
SS
Scott Sumner — holds since 2010-09-05 — tap for who they are
SS
Scott Sumner — no longer holds since 2010-09-06 — tap for who they are
At the centre
The main function of education is signalling rather than building skill, so subsidising it mostly inflates credentials.
Holds BC Bryan CaplanRead this korrent →
Central bank purchases of government bonds are not bailouts and do not automatically cause inflation, since they only change the composition of the consolidated government's liabilities, not their total.
Holds
The return of inflation is what made Donald Trump's second presidency possible, and therefore what makes everything that presidency changes possible.
Holds JB Jennifer Burns
A company's staff-engineer bar should be set against the best companies in the industry rather than against its own history, which is what makes title inflation a real cost.
Holds TP Thuan Pham
Cash welfare benefits contributed at least somewhat to the inflation of 2021-2022.
Holds
Data centres had not raised the average American household's electricity bill as of 2025; inflation and the gas-price shock did.
Holds AM Andy Masley
Handing out cheques during Covid and accepting the inflation was less damaging than price controls and rationing would have been.
Holds JC John H. Cochrane
It has virtually never got cheaper to build a house or an office: construction costs rise at or above general inflation, in every rich country and over a century of data.
Holds BP Brian Potter
Judging by output kept near potential despite weak private demand, Japan's decades of high debt and low inflation reflect a qualified policy success, not failure.
Holds
A puzzle whose categories can only be seen by the broadly educated is elitist by construction.
Holds RK Raph Koster
A school should be judged on how fast its students are learning, not on how much they already know when measured.
Holds JL Joe Liemandt
A worked example whose scaffolding is progressively removed teaches faster than making a child figure the problem out unaided.
Holds JL Joe Liemandt
During post-2008 fiscal consolidation, the costs of high public debt were overestimated and fiscal multipliers were underestimated, understating the output costs of austerity.
Holds
Germany's constitutional debt brake will not be reformed.
No longer holds
Public investment cannot be assumed to be automatically financeable by debt merely because it has high social returns.
Holds
Canceling government bonds held by a central bank creates no fiscal space, because the reduction in government interest payments is exactly offset by an equal reduction in the profits the central bank remits to the government.
Holds
A central bank can eliminate a self-fulfilling ('sunspot') debt crisis simply by credibly committing to buy as many bonds as needed at the low interest rate.
Holds
Aggressive quantitative easing should raise long-term interest rates, because effective monetary stimulus raises them.
No longer holds SS Scott Sumner