The rise of the top 1%. Actually, econ papers talking about top 1%. https://www.henrikkleven.com/uploads/3/7/3/1/37310663/languagetrends_slides_kleven.pdf …pic.twitter.com/VlMdBTBGEe
-
Emil, I really appreciate you and learn a lot from your twitter, but I'm curious about how you think left-wing politics among economist is problematic in this case. Do you think they are fudging or lying/biased? What's the problem that makes you not accept their thesis?
Farzad, thanks for the kind words. I did not mean to disagree with the idea that increased interest in top 1% is a result of increased dominance of the top 1%. Economists are not particularly left-wing compared to most social sciences, AFAIK. I support intellectual diversity 1/n
-
-
as much as the next person who supports
@HdxAcademy. In the case of economists, I think the think is in dire need of a big intellectual shake-up because caused by too many _right-wingers_ for many decades. It is getting increasingly left-dominated though. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=664042 …pic.twitter.com/GPRsCybAVv
-
Meant to say: perhaps caused by too many right-wingers for many decades -- unworkable theoretical approach with strong support for libertarian-friendly policies instead of focus on empirical realities in economic modeling, e.g. assumptions about self-interest, perfect rationality
End of conversation
New conversation -
-
-
Awesome. Thank you for explaining that. This is why I've fallen in love with behavioral economics and game theory. The Richard Thalers and Daniel Kahnemans of this world have completely thwarted traditional libertarian economics theories.
-
As I recall, some of the behavioral economy stuff have fallen prey to replication crisis. I haven't followed the situation closely, have you? It's well-known by now that the priming stuff cited by Kahneman is generally unreliable/not real, perhaps most famously that font study.
-
Sounds like I've been in a bubble, sadly. I had not heard of any of this. I've read the traditional right/libertarian critiques. I'll do some more research but please share anything you have. I'm a big fan of Beh Econ, so it's super important than I'm not spreading false ideas.
-
Here's one study of 18 replications of behavioral economics. https://www.ncbi.nlm.nih.gov/pubmed?Db=pubmed&Cmd=ShowDetailView&TermToSearch=26940865 …
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.