Nobel Prize Lectures, Late-Night Tweeting, and Sharing Bikes to Reduce Gridlock

Weekend Reads: December 14, 2018

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Paul M. Romer: Lecture in Economic Sciences 2018

Paul Romer | The Nobel Foundation | Retweeted by Peter Boettke

Economist Paul M. Romer delivered his Prize lecture on the possibility of progress after receiving the Nobel (and getting married on the same day) last Saturday at Stockholm University.

Late-Night Tweeting Degrades Your Performance the Next Day

Tom Jacobs | Pacific Standard Mag | Tweeted by Tyler Cowen

A new study of NBA players from Stony Brook University finds that those late-night thoughts they (and possibly you) have been tweeting actually reduce the players' shooting accuracy the next day.

Regulators Must Become as Creative as Innovators

Richard Williams | The Hill | Tweeted by Jennifer Huddleston Skees

Richard Williams argues that more entrepreneurial thinkers are needed in federal regulatory agencies to appropriately regulate safety and security without stifling new technological development.

GPS Bike-Share Program in China Credited with Reducing Gridlock and Smog

Saša Petricic | CBC News | Tweeted by Emily Hamilton

Beijing, one of the most smog-ridden cities in the world, is being overrun by a new bike share program. The innovation is alleviating traffic for residents while also helping reduce carbon emissions by about four million tons within the last year.

Fed Piles up $66 Billion in Paper Losses as It Faces Trump Wrath

Rich Miller | Bloomberg | Tweeted by David Beckworth

Questions about the Federal Reserve’s finances increased as it reported billions of dollars in losses during the past fiscal year.

No New NAFTA Until Tariffs Have Been Lifted

David McIntosh | The Wall Street Journal | Shared by Donald Boudreaux

Now that the President has successfully negotiated a new deal between Mexico and Canada (USMCA), David McIntosh argues that tariffs on steel and aluminum should be lifted.

China Prepares Policy to Increase Access for Foreign Companies

Lingling Wei and Bob Davis | The Wall Street Journal | Tweeted by Christine McDaniel

Potential reforms to open Chinese markets to technological competition by President Xi Jinping’s “Made in China 2025” plan are likely to be met with skepticism by US officials.

US Presses Ahead on Plan to Limit High-Tech Exports

Jenny Leonard and David McLaughlin | Bloomberg | Retweeted by Christine McDaniel

The Trump administration’s efforts to ensure that US companies produce higher-quality technological innovations than China could backfire against a broad range of American exports, argue Jenny Leonard and David McLaughlin.

Foreign Steel Keeps Flowing into US Despite Tariffs

Bob Tita and Alistair McDonald | The Wall Street Journal | Retweeted by Veronique de Rugy

Despite increased steel tariffs, American companies’ demand for foreign steel remains.

What Calabria at FHFA Would Mean for GSE Reform

Hannah Lang | American Banker | Retweeted by Brian Knight

Mike Calabria’s nomination to the Federal Housing Finance Association (FHFA), the regulatory agency for Fannie Mae and Freddie Mac, signifies a change in current policy towards the national mortgage companies.