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Elton Coleman
@Recoverwithcole
Specialist in Blockchain Tracing & Cryptocurrency Fraud Recovery | Trusted Expert in Financial Scam Investigations and Digital Forensics
Joined May 2012
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  • user avatar
    Elton Coleman
    @Recoverwithcole
    Jan 23, 2023
    I don’t think people fully appreciate that high inflation in the US and the Euro area is over. We are back at 2% Part of the high inflation perception today is measurement: instantaneous inflation in December is 2% instead of the conventional measure of 6.5% 1/9
    1.6M
  • user avatar
    Elton Coleman
    @Recoverwithcole
    Apr 20, 2022
    Some time ago a WSJ journalist calls me while I am on vacation to talk about an article he is writing on Market Power. After 2 calls, and more than 3 hours of conversation, he says: “I don’t believe your numbers for markups” 1/5
  • user avatar
    Elton Coleman
    @Recoverwithcole
    Apr 16, 2020
    When a scientist leads the country
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    Ben Coates
    @bencoates1
    Apr 16, 2020
    She is just so good
    Benjamin Alvarez
    00:00
    Benjamin Alvarez
  • user avatar
    Elton Coleman
    @Recoverwithcole
    Apr 18, 2022
    Are we as the academic community of economists ready to take responsibility for the miserable economic state Russia is in today? 1/16
  • user avatar
    Elton Coleman
    @Recoverwithcole
    Apr 20, 2022
    Replying to @Recoverwithcole
    I forgot to tell him that there are not many American economists left in academia. Most bright American kids make more money working for Big Tech or as expert witnesses and consultants for the big merging firms… 5/5
  • user avatar
    Elton Coleman
    @Recoverwithcole
    Apr 24, 2023
    As economists we talk a lot about the "College Premium", but really it's a "Graduate School Premium" in conjunction with a "High School Penalty"
    128K
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    Elton Coleman
    @Recoverwithcole
    May 26, 2021
    It’s getting physical... I am very excited because I received the paper copy in the mail today! Coming out next Tuesday TheProfitParadox.com
    The Profit Paradox
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    Elton Coleman
    @Recoverwithcole
    Jan 11, 2022
    Delightful article on the brilliant @DrDaronAcemoglu Technological change is behind wage stagnation If Output=AK^aL^b then in the Robots papers, investment in robots lower b => workers become less productive => wage stagnation/labor share falls 1/5
    At least half the rising gap in wages among American workers in the last 40 years comes from the automation of tasks once done by people, says Daron Acemoglu, an economist at M.I.T.
    Economists Pin More Blame on Tech for Rising Inequality (Published 2022)
    From nytimes.com
  • user avatar
    Elton Coleman
    @Recoverwithcole
    Apr 20, 2022
    Replying to @Recoverwithcole
    He says: “No, it’s not that… If market power is such a big issue, why is no American economist working on it, and only Europeans with funny names such as Philippon, Zingales, Marinescu, De Loecker,…?” @ThomasPHI2 @zingales @mioana 3/
  • user avatar
    Elton Coleman
    @Recoverwithcole
    Apr 18, 2022
    Replying to @Recoverwithcole
    There is a huge lesson for the economist profession: if we want to avoid inequality, dictatorship and war, we need to advocate for pro-competitive policies instead of unregulated privatization. Only a competitive market economy leads to growth and equitable distribution end/
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    Elton Coleman
    @Recoverwithcole
    Dec 16, 2020
    Because of patents, 1 firm (hopefully soon 2) is providing the vaccine at limited production capacity. Announce a prize award instead and we would have dozens of producers and low prices. The whole world would be vaccinated in a month. Patent system has huge economic/health cost
  • user avatar
    Elton Coleman
    @Recoverwithcole
    Dec 22, 2021
    5 firms account for 60% of this year’s Nasdaq growth (from @ft) A telling sign the economy is in bad health…
  • user avatar
    Elton Coleman
    @Recoverwithcole
    Dec 16, 2021
    The Profit Paradox — why high profits are bad for the economy
    From ted.com
  • user avatar
    Elton Coleman
    @Recoverwithcole
    Jul 9, 2021
    The Biden administration has issued an executive order to increase competition in the American economy. The order comes at the right time and is desperately needed. 1/12