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@twst12612648density appreciator, full employment enjoyer, free & fair elections doubter
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just goes to show how cracked Acemoglu is
How does having a difficult-to-pronounce name affect labor market outcomes? Negatively in the economics job market: A 1 SD increase in "name complexity" lowers likelihood of obtaining econ jobs (by 3-12pp) + placement in institutions w/ high research productivity (by 70-80 spots)
I have an idea for the universal tariff: let's impose tariffs on all transactions, border or no border (definitely including the border), but let's be business-friendly by allowing credit against tariffs on sales for tariffs paid on inputs
I think social conservatism are in the similar position as the Marxism in the 1970s, you can kinda feel victorious about your victory in Vietnam, but in the end, religions are dying, families are gone and birth rates collapsed.
Average citizen of Azerbaijan: if Kamala doesn't win my country will stop existing Pivotal voter of Delaware County, Pennsylvania looking at his ballot: wait, where's Biden
have kind of evil ideology, they're delusional, etc" seems way worse than "x is doing y because some group of x elites personally profit". But then I realized elite personal material gain is a necessary demarcation to seperate "good faithed" and "bad faithed" regimes.
guy who hates black people is pro trans, this is the promise of IQ brainrot
I've been pointing out that the autogynephilic-type of ex-men tend to have high IQs and ruthless personalities for a couple of decades now. The Unabomber, for example, seriously considered going trans, but then decided he'd just kill people instead.
Phrenology hitting diasporoids and anglophone upper middle to upper class in the Global South like crack hit inner city neighborhoods in the 80s and 90s.
I've been pointing out that the autogynephilic-type of ex-men tend to have high IQs and ruthless personalities for a couple of decades now. The Unabomber, for example, seriously considered going trans, but then decided he'd just kill people instead.
i’ve decided the key to life is to always have one small crush you can never act on
Unlike workers who were paid by the day, wage levels for these labourers employed on an annual basis did not rise until more than 20 years after the Black Death. This means that a whole generation of workers who survived the plague did not experience any rise in remuneration.
These numbers are insane... automated enforcement basically wipes away racial differences in police stops. Without enforcement, on roads where half the drivers are Black, they make up about 70% of police stops! Drops to 54% when automatic cameras are in use.
Hard to overstate how much of an improvement speed cameras are compared to police issuing tickets. Speed cameras are *way* more fair -- and also more reliable. theconversation.com/police-stop-mo…
it anyway charges European prices while paying their staff indian wages lmao. you're getting screwed either way (not just starbucks but most cafes do this)
TIL Starbucks charges airport prices at stores in posh places such as Lavelle Road
"Increase means-testing to reduce taxes"
Why means testing matters, to target government spending & keep taxes lower. My @thenightlyau column… thenightly.com.au/opinion/simon-…
Say what you will about Acemoglu’s institutional explanation of development but the real “vibes” approach to growth is Mokyr’s cultural explanation
One more observation on this year's Nobel Prize ... and the impact of David Card David Card ran a PhD replication econometrics class at Berkeley and that's where all the "famous feuds" originated: 1) Rothstein vs Hoxby 2) Albouy vs Acemoglu-Johnson-Robinson 3) McCrary vs Levitt
I was assured this meme is foolproof!!!!
Christopher Nolan's first post-Oppenheimer project, an adaptation of ‘WHY NATIONS FAIL’, has begun filming. Starring Paul Giamatti as Daron Acemoglu & Jared Harris as James A. Robinson
Devastating evidence against pure signaling explanations of higher education. Apparently people learn things in College which improves labor market success.
App usage is - contagious (sd increase of roommates’ in-college app usage raises own by 4.4%) - detrimental to academic performance and labor market outcomes (sd increase reduces GPAs by 36% and wages by 2.3%) App restriction policy would boost wages! nber.org/papers/w33054
"500-1000/day" for construction workers 🤡
The stipend one receives for masters or even PhD in India is just pathetic. You get 99.7+ percentile in GATE, and chose to do masters from an old IIT- you get paid 400rs a day, for being a TA. For comparison the daily wage construction labourers get paid 500-1000 rs/day! Am…
I've been a bit more aggressive with the block button recently and it has improved my twitter experience massively. Blue ticks, annoying accounts, bait tweeters, sanghis, ashoka kids, wannabe ashoka kids, Kohli fans, banger-seekers, Bangalore techbros get blocked on sight.
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