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8 connected korrents · 5 moments on record from 12 Aug 2021 to 21 Aug 2026.

Same subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subject The probability of aself-fulfilling badequilibrium in sovereign… OB Olivier Blanchard — holds since 2022-06-01 Fiscal multipliers vary across time and place but are generally nonzero, positive for spending, negative for taxes, and larger when monetary policy cannot offset them. Fiscal multipliers varyacross time and place… OB Olivier Blanchard — holds since 2022-06-01 Labour markets will eventually recover from AI, but the speed of the transition makes the short term unusually painful compared with past technologies. Labour markets willeventually recover from… DA Dario Amodei — holds since 2026-01-01 The complexity of a JavaScript bundling and transpiling toolchain is a bargain worth making, and the right default for building web applications. The complexity of aJavaScript bundling and… DH David Heinemeier Hansson — turned since 2021-08-12 TypeScript's type annotations cost more in friction than they return in safety, and a front-end framework is better off written in plain JavaScript. TypeScript's typeannotations cost more… DH David Heinemeier Hansson — holds since 2023-09-06 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. A central bank caneliminate a… OB Olivier Blanchard — holds since 2022-06-01 The price level behaves as the aggregate of mostly backward-looking decisions rather than as an asset price, except during hyperinflation, so expected future primary balances barely affect it today. The price level behavesas the aggregate of… OB Olivier Blanchard — holds since 2022-06-01 Quantitative rules are not a reliable tool for ensuring government debt sustainability. Quantitative rules arenot a reliable tool for… OB Olivier Blanchard — holds since 2022-06-01 A government debt crisis is measurable and therefore visible well in advance; the diagnostic is mechanical rather than a matter of judgement. A government debtcrisis is measurable… RD Ray Dalio — holds since 2026-08-21
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