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Noah Smith

@noah-smith · 2 held · 1 turn

Economics writer; author of the Noahpinion newsletter.

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  1. 25 Jul 2022

    Cash welfare benefits contributed at least somewhat to the inflation of 2021-2022.
    Even more importantly, cash benefits seem to have contributed at least somewhat to the dangerous and painful inflation that the economy is now experiencing.

    Four things I got wrong since I started this blognoahpinion.blog

    inflation

  2. 25 Jul 2022

    Stocks sustained by persistent online attention can stay overpriced for long periods, so overvaluation alone does not imply a near-term correction.
    Knowing this research, I should have emphasized the possibility that Gamestop would stay overpriced for a long time.

    Four things I got wrong since I started this blognoahpinion.blog