Forthcoming in AEJ: Macroeconomics: "From Population Growth to TFP Growth" by Hiroshi Inokuma and Juan M. Sánchez. aeaweb.org/articles?id=10.12…

Everyone always talking about “talent density” in Silicon Valley when we really should be talking about how 80% of pretzels in America come from a small region of Pennsylvania

Here are the first ever spy photos of Ford's $30,000 skunkworks electric pickup truck. It's targeting 300-mile range at a low price. How? For one, it's OG Ranger-sized. More photos and video here: theautopian.com/the-30000-fo…

When Mollick points out AI could encourage entrepreneurship, Acemoglu worries we’ll have too much… just absurd level of negativity bias and bad judgment here

Just outside downtown Vancouver, the Squamish Nation is building one of the most remarkable housing projects in the world: Senakw, which will eventually house 9,000 people. Because it's on First Nations reserve land, Senakw is being built without zoning rules, height limits, parking minimums, or extended public consultations. The only thing they kept was Vancouver's safety standards. worksinprogress.co/issue/how… - The project singlehandedly accounts for 7% of the entire city's new housing between now and 2033. - It's expected to generate around C$10 billion in total income, equivalent to more than two million dollars per member of the Squamish Nation. - The Squamish people approved the project in two referendums that passed with landslide support. Apart from just being really cool, Senakw shows two things that have wider relevance for getting things built. The first is that microdemocracy can deliver support for development if the decisionmakers will benefit from it. This is one example of many that devolving decisions *down* can work at least as well as moving them *up* to higher levels of government. The second is that microdemocracy can bring wider legitimacy. Vancouver's city government *could* have blocked Senakw if it had tried – it is notoriously sceptical of projects like this. The fact that it actually supported the project may show that local self-government can deliver upzoning that has the consent of the wider community, without the need for 'stakeholder consultations'. The fact that the Squamish are a First Nations group does complicate this, though. The story of how Senakw got built is pretty incredible, since much of the Squamish people's 20th Century was spent fighting to get land back that had been confiscated from them illegally in 1913. It was thanks to one Squamish elder (the "Keeper of the Names") and Catholic church records that their property was restored to them. Read the story of Senakw now at Works in Progress, and in our new print issue, arriving at subscribers' doors this week.

Really great discussion about California Forever with @CardiffGarcia and the man trying to make it happen. All the questions you’d want to ask are asked open.spotify.com/episode/0pO…

The $100k H-1B entry fee was just declared unlawful and vacated by a federal judge. This has huge implications for the effects of the new Weighted Lottery. While the fee was in place, it only applied to people outside the country, which meant student retention was up since it didn’t apply to them. Without the $100k fee, the outsourcers will come flooding back into the H1B program, helped by the new Weighted Lottery. That’s because the weighted lottery rewards seniority within an occupation (which the outsourcers do well at) but not higher salaries. DHS needs to move to a compensation-based system before next year’s lottery to stop this from happening.

Exclusive: Nippon Steel, which bought U.S. Steel last year, said it expects to spend $2 billion to $2.5 billion at Mon Valley Works over the next three years to replace the equipment that rolls steel on.wsj.com/3POqDLv