Tootfinder

Guy who's living depends on big companies going back to buying way the hell too much real estate says "Market will need 10 years to recover" (whispers: "Please God let it recover. Start beating your minions into driving two hours to sit in meetings, you bastards!")

“.. a repeat of the can’t do attitude they turned to for decades when fighting fuel economy standards, then claiming the technology didn’t exist, it was too expensive, and consumers didn’t want it (they were wrong). Now the auto industry is dragging its feet once again, this time trying to use China’s progress on EVs as an excuse to slow down on U.S. standards. Really? When you’re falling behind, is slowing down really the right answer?”

EVs Are at a Turning Point, It May Not Be What You Think
Strong momentum is moving in the right direction to support the growing EV market.

The “free” market is a self-defeating idea that inevitably turns into a monopoly.
Hence, a centralized planned economy is inevitable — the choice is merely whether it's for profit (capitalist) or democratic (socialist).

Immigration powered the economy, job market amid border negotiations - The Washington Post
https://www.washingtonpost.com/business/2024/02/27/economy-immigration-border-biden/?itid=hp-top-table-main_p001_f001

The economy is roaring. Immigration is a key reason.
Momentum in the job market picked up aggressively over the past year — all while Washington is deadlocked on a border deal.

A profile of MIT labor economist David Autor, an unlikely AI optimist who says AI may help restore "the middle-skill, middle-class heart of the US labor market" (Steve Lohr/New York Times)
https://www.nytimes.…

How One Tech Skeptic Decided AI Might Benefit the Middle Class
David Autor, an M.I.T. economist and tech contrarian, argues that A.I. is fundamentally different from past waves of computerization.

National polling in February found 🔸improving assessments about the economy🔸, yet 🔹worsening evaluations of Mr. Biden’s performance🔹.
More than 90 percent of respondents who rated the economy poor or fair had a negative view of the #housing ##market.
⭐️Mr. Biden has recently outlined proposals to lower the c…

Why It’s So Expensive to Live in Phoenix
Arizona is a presidential election battleground state, and a dire shortage of affordable housing there is sowing economic anxiety among voters.

Working people go homeless in Phoenix as rents soar due to nimbyism blocking new housing.
More than 90% of people who say economy is fair or poor view the housing market negatively.
https://www.nytimes.com/2024/03/29/b…

Why It’s So Expensive to Live in Phoenix
Arizona is a presidential election battleground state, and a dire shortage of affordable housing there is sowing economic anxiety among voters.

Microsoft’s AI Access Principles: Our commitments to promote innovation and competition in the new AI economy - Microsoft On the Issues
https://blogs.microsoft.com/on-the-issues/2024/02/26/microsoft-ai-access-principles-respo…

Microsoft’s AI Access Principles: Our commitments to promote innovation and competition in the new AI economy - Microsoft On the Issues
As we enter a new era based on artificial intelligence, we believe this is the best time to articulate principles that will govern how we will operate our AI datacenter infrastructure and other important AI assets around the world. We are announcing and publishing these principles – our “AI Access Principles” – today at the Mobile World Congress in Barcelona in part to address Microsoft’s growing role and responsibility as an AI innovator and a market leader.

Bloomberg: Russia to supply China with cheaper gas compared to European market at least through 2027: https://benborges.xyz/2024/04/24/bloomberg-russia-to.html

🇨🇳 China’s Economy Dodged Neoliberal Shock Therapy — and Boomed
#china

China’s Economy Dodged Neoliberal Shock Therapy — and Boomed
In the 1980s, as China sought to introduce markets into its economy, an internal debate roiled over whether to liberalize prices gradually or all at once. It rejected the free-market shock therapy option, and challenged neoliberal orthodoxy in the process.

The Random Forest Model for Analyzing and Forecasting the US Stock Market in the Context of Smart Finance
Jiajian Zheng, Duan Xin, Qishuo Cheng, Miao Tian, Le Yang
https://arxiv.org/abs/2402.17194

The Random Forest Model for Analyzing and Forecasting the US Stock Market in the Context of Smart Finance
The stock market is a crucial component of the financial market, playing a vital role in wealth accumulation for investors, financing costs for listed companies, and the stable development of the national macroeconomy. Significant fluctuations in the stock market can damage the interests of stock investors and cause an imbalance in the industrial structure, which can interfere with the macro level development of the national economy. The prediction of stock price trends is a popular research to…

National polling in February found 🔸improving assessments about the economy🔸, yet 🔹worsening evaluations of Mr. Biden’s performance🔹.
More than 90 percent of respondents who rated the economy poor or fair had a negative view of the #housing ##market.
⭐️Mr. Biden has recently outlined proposals to lower the c…

Why It’s So Expensive to Live in Phoenix
Arizona is a presidential election battleground state, and a dire shortage of affordable housing there is sowing economic anxiety among voters.

Working people go homeless in Phoenix as rents soar due to nimbyism blocking new housing.
More than 90% of people who say economy is fair or poor view the housing market negatively.
https://www.nytimes.com/2024/03/29/b…

Why It’s So Expensive to Live in Phoenix
Arizona is a presidential election battleground state, and a dire shortage of affordable housing there is sowing economic anxiety among voters.

March 2024 US Labor Market Update: AI Jobs Are on the Rebound
#Economy #Indeed

Decreasing Wages in Gig Economy: A Game Theoretic Explanation Using Mathematical Program Networks
Pravesh Koirala, Forrest Laine
https://arxiv.org/abs/2404.10929

Decreasing Wages in Gig Economy: A Game Theoretic Explanation Using Mathematical Program Networks
Gig economy consists of two market groups connected via an intermediary. Popular examples are rideshares where passengers and drivers are mediated via platforms such as Uber and Lyft. In a duopoly market, the platforms must compete to attract not only the passengers by providing a lower rate but also the drivers by providing better wages. While this should indicate better driver payout, as platforms compete to attract the driver pool, real world statistics does not indicate such. This goes comp…

Transactive Local Energy Markets Enable Community-Level Resource Coordination Using Individual Rewards
Daniel C. May, Petr Musilek
https://arxiv.org/abs/2403.15617

Transactive Local Energy Markets Enable Community-Level Resource Coordination Using Individual Rewards
ALEX (Autonomous Local Energy eXchange) is an economy-driven, transactive local energy market where each participating building is represented by a rational agent. Relying solely on building-level information, this agent minimizes its electricity bill by automating distributed energy resource utilization and trading. This study examines ALEX's capabilities to align participant and grid-stakeholder interests and assesses ALEX's impact on short- and long-term intermittence using a set of communit…

Introducing Hiring Lab’s New Data Portal: Delivering Faster, Better Global Labor Market Insights
#Economy #Indeed

This https://arxiv.org/abs/2402.08484 has been replaced.
initial toot: https://mastoxiv.page/@arXiv_csGT_…

The Computational Complexity of the Housing Market
We prove that the classic problem of finding a competitive equilibrium in an exchange economy with indivisible goods, money, and unit-demand agents is PPAD-complete. In this "housing market", agents have preferences over the house and amount of money they end up with, but can experience income effects. Our results contrast with the existence of polynomial-time algorithms for related problems: Top Trading Cycles for the "housing exchange" problem in which there are no transfers and the Hungarian…

Quantifying seasonal hydrogen storage demands under cost and market uptake uncertainties in energy system transformation pathways
Felix Frischmuth, Mattis Berghoff, Martin Braun, Philipp Haertel
https://arxiv.org/abs/2404.12974

Quantifying seasonal hydrogen storage demands under cost and market uptake uncertainties in energy system transformation pathways
Climate neutrality paradigms put electricity systems at the core of a clean energy supply. At the same time, indirect electrification, with a potential uptake of hydrogen or derived fuel economy, plays a crucial role in decarbonising the energy supply and industrial processes. Besides energy markets coordinating the transition, climate and energy policy targets require fundamental changes and expansions in the energy transmission, import, distribution, and storage infrastructures. While existin…

This https://arxiv.org/abs/2402.08484 has been replaced.
initial toot: https://mastoxiv.page/@arXiv_csGT_…

The Computational Complexity of the Housing Market
We prove that the classic problem of finding a competitive equilibrium in an exchange economy with indivisible goods, money, and unit-demand agents is PPAD-complete. In this "housing market", agents have preferences over the house and amount of money they end up with, but can experience income effects. Our results contrast with the existence of polynomial-time algorithms for related problems: Top Trading Cycles for the "housing exchange" problem in which there are no transfers and the Hungarian…

Natural Capital as a Stock Option
O. Bertolami
https://arxiv.org/abs/2404.14041 https://arxiv.org/pdf/2404.14041

Natural Capital as a Stock Option
The unfolding climate crisis is a physical manifestation of the damage that market economy, driven by the high intensity consumption of fossil fuels, has inflicted on the Earth System and on the stability conditions that were established by a complex conjugation of natural factors during the Holoecene. The magnitude of the human activities and its predatory nature is such that it is no longer possible to consider the Earth System and the services it provides for the habitability of the planet, …