Tuesday assorted links - Marginal REVOLUTION

1. Congestion Pricing Tracker update, sigh…Economists like to think they are useful, but if the initial policy is not right you can expect the results to be disappointing, as these are so far. It is true congestion prices that work, not “cordon prices.”

2. How is GPT-4o as a judge?

3. North Koreans at McDonald’s.

4. Redux of my sovereign wealth fund column for Bloomberg. I am against the idea for the United States, while recognizing that any arbitrarily small version of it will appear to make sense.

5. Trump’s CEA nominee wrote a long memo on how to restructure the global trading system. I turned to o1 pro for comment.

6. Peter Coy is ending his NYT newsletter.

7. Scott Alexander update on model cities.

8. My Bloomberg column on the economics of the Luka trade.

9. Economist Richard Nelson has passed away.