Links 8/14/2025

  • Post category:Finance

Meet Maple: Former K-9 now beekeeper at MSU WKAR They led police on a wild L.A. car chase, then managed to get away. Who helped them escape? Los Angeles Times Our Culture is Addicted to Validation Freddie deBoer Mouse Farm Orion…

Continue ReadingLinks 8/14/2025

James Galbraith: From the Fossil-Fuel Civilization Into …? Economics Gets a Biophysical Reality Check

  • Post category:Finance

Yves here. This is a terrific talk in which James Galbraith, recapping his work in Entropy Economics, explains how the foundations of economics are fundamentally at odds with the operation and limits of our physical world. Trust me, either put it…

Continue ReadingJames Galbraith: From the Fossil-Fuel Civilization Into …? Economics Gets a Biophysical Reality Check

Trading with ChatGPT

  • Post category:Finance

In this paper, we use ChatGPT outages to provide early evidence on whether investors rely on generative artificial intelligence (GenAI) to perform professional tasks and the associated impact on stock price informativeness. We document a significant decline in stock trading volume…

Continue ReadingTrading with ChatGPT