Recently: 📈@Citadel | ✍️@TheEconomist | PhD @UChicago Previously: @AQRCapital, @Yankees, @NewYorkFed. Views are my own.

Joined February 2010
Reminds me of one of the crazier stats: legal (+associated) fees in the Lehman bankruptcy were $6 *billion*
Bankrupty lawyers often walk away with the entire remaining company value.
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periodic reminder not to compare stocks to flows
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One of the all-time greats. Among other things, Sterling had perfect attendance for 30 years, he called 5,060 *consecutive* Yankees games from 1989 to 2019. On a more personal note — when I worked at the Yankees in 2022, the analysts ate in the same cafeteria as the media. John was always exceptionally kind to me (at one point asking me to explain my grad school research)
The Yankees mourn the loss of legendary broadcaster John Sterling. Our thoughts are with John’s family, friends and loved ones at this time.
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Ben Marrow retweeted
A cool (and rare) fulltime opening on our Finance team economist.com/finance-and-ec…
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You also can’t trade futures on box office receipts; they should have handed out movie tickets. uscode.house.gov/view.xhtml?…
This is literally the most UChicago thing I have ever seen
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Fun nugget from today’s NYT (with minor quibble that United technically only offer business, not first, on international routes)
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Checking in on the fathers of Greenwich
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Finishing 2025 with my latest edition of Things I Learned benmarrow.substack.com/p/thi…
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Government debt insures households if repaid through progressive taxation. Rising debt levels alter future taxes, and thus household risks. This shifts demand for risky and safe assets, impacting bond prices. Read more: economics.uchicago.edu/direc… #UChicago #EconJobMarket
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What do economists agree on?
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Ben Marrow retweeted
Do former consultants actually make better CEOs? Based on the analysis by our own @benmarrow and @TomLeeDevlin, it looks like they do!
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ah yes, the ever relatable "personal finance" section of the FT
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Banks have retreated from directly lending to the real economy. But a lot of this predates the GFC! My latest for @TheEconomist
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very cool data work by @DanRosenheck some price discrimination for solo vs. group flyers still exists on American and, to some extent, United, but not on Delta. Where it does exist, it appears to be a *discount* for group flyers, not a *markup* for solo ones.
Confirming scoop by @kpottermn, @AmericanAir now charges solo travelers who don’t book weekend stays more than 2+-passenger bookings on 57% of flights. Typical price gap around 1/3. Most common on short hops, via CLT/PHL & where @SouthwestAir is absent (h/t @xJonNYC). Link below.
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levels/trends aside, why is Britain series so much more volatile? (also: US weekly earnings didn't drop during the recession 🤔 [even conditioning on employment])
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