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drewg__'s profile
drew
drew
drew
@drewg__

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drew

@drewg__

electronic trading technologist, illiquid commodity futures enthusiast, hedge fund/HFT apologist, big idiot

NYC
Joined April 2009

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    2. drew‏ @drewg__ Jul 5
      Replying to @mattyglesias

      Simple partisanship ratios don't tell the whole story though, you would need to weight by reaearch funding and also academic reach measured by h-index or something similar, it's just a super weak argument you've made

      4 replies 0 retweets 9 likes
    3. Same Old Train‏ @SameOldTrain Jul 5
      Replying to @drewg__ @mattyglesias

      Just pick, say, top 25 departments. They get plenty of research funding and have great h-indices and they're, by and large, heavily liberal.

      2 replies 0 retweets 1 like
    4. drew‏ @drewg__ Jul 5
      Replying to @SameOldTrain @mattyglesias

      Even looking at the department wouldnt be granular enough, each prof has differing views and influence, and this is before you even start to measure impact on policy outcomes. For instance, a republican staff economist like @AlanMCole has lots of reach but isn't in a uni setting

      1 reply 0 retweets 1 like
    5. Same Old Train‏ @SameOldTrain Jul 5
      Replying to @drewg__ @mattyglesias @AlanMCole

      Given the magnitude of the splits (let's take 15:1) a typical conservative professor would need to have 15x greater funding and 15x more citations than an average liberal professor just to make the weighted split 1:1. It's not remotely plausible.

      2 replies 0 retweets 3 likes
    6. Same Old Train‏ @SameOldTrain Jul 5
      Replying to @SameOldTrain @drewg__ and

      You're moving the goalpost when you start discussing policy impact and think tanks. This discussion is about the political views in academia. I don't know of any relevant data about the funding and political split in the economics think tank world.

      1 reply 0 retweets 1 like
    7. drew‏ @drewg__ Jul 5
      Replying to @SameOldTrain @mattyglesias @AlanMCole

      Matt made an observation about perceptions of economics as conservative. My point is that this perception is due to the relative influence of partisan economists on policy/the world, which is harder to measure than using a simple partisan ratio

      1 reply 0 retweets 0 likes
    8. drew‏ @drewg__ Jul 5
      Replying to @drewg__ @SameOldTrain and

      The argument I'm making stated in a sentence is that popular perceptions of economics are rooted in the actual influence of economists on real world outcomes, a simple partisanship census of university economists doesn't capture this whatsoever

      1 reply 0 retweets 1 like
    9. Same Old Train‏ @SameOldTrain Jul 5
      Replying to @drewg__ @mattyglesias @AlanMCole

      Fair enough! I believe that even the real-world impact of the economics profession is, on the net, much more liberal than conservative but admittedly there's no good data to back that up.

      2 replies 0 retweets 1 like
      drew‏ @drewg__ Jul 5
      Replying to @SameOldTrain @mattyglesias @AlanMCole

      Don't necessarily disagree with that assessment but it depends on the timeframe you're looking at, e.g. in the 80s I don't think economic historians claim that economics was very liberal back then. Both perception and influence are fluid and influence one another over time

      5:16 PM - 5 Jul 2021
      1 reply 0 retweets 0 likes
        1. New conversation
        2. Same Old Train‏ @SameOldTrain Jul 5
          Replying to @drewg__ @mattyglesias @AlanMCole

          Well in the 80s Reagan and the Republicans were in power so, even if they're a minority of the profession, conservative economists were always going to have outsized influence.

          1 reply 0 retweets 1 like
        3. drew‏ @drewg__ Jul 5
          Replying to @SameOldTrain @mattyglesias @AlanMCole

          Exactly, this is the whole point I was making. Influence doesn't come from demographic studies of university faculty, influence on the real world is what matters and drives perceptions of the discipline.

          0 replies 0 retweets 0 likes
        4. End of conversation

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