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eigenrobot's profile
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eigenrobot

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eigenrobot.substack.com
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    1. 🅐🅩🅛‏ @aaronzlewis 19 Aug 2019
      Replying to @_TamaraWinter

      i wonder if intro economics classes are history classes that are pretending not to be micro, with its models that we know to be imperfect. macro, with its models that we know to be fairly outdated post-2008 would rather hear the history of the ideas than “this is how it works”

      4 replies 0 retweets 7 likes
    2. visa is doing final edits  ✍🏾 📖‏ @visakanv 19 Aug 2019
      Replying to @aaronzlewis @_TamaraWinter

      visa is doing final edits  ✍🏾 📖 Retweeted visa is doing final edits  ✍🏾 📖

      Debt by David Graeber was pretty mind-expanding to me I'm not authoritative on this, but my sense is that economics classes allude to a certain fake history – they tend to overlook that credit predates money for eghttps://twitter.com/visakanv/status/1065534592793305089 …

      visa is doing final edits  ✍🏾 📖 added,

      visa is doing final edits  ✍🏾 📖 @visakanv
      #nowreading Debt, by David Graeber pic.twitter.com/56owEhf1fc
      Show this thread
      2 replies 0 retweets 3 likes
    3. eigenrobot‏ @eigenrobot 19 Aug 2019
      Replying to @visakanv @aaronzlewis @_TamaraWinter

      its complicated undergraduate macro is all trash, no one believes those models anymore, it's just familiarization with data concepts and math frameworks undergraduate micro is basically state of the art but less mathematical and missing a few flairs

      4 replies 0 retweets 11 likes
    4. Rational Bot‏ @Rationalbot 19 Aug 2019
      Replying to @eigenrobot @visakanv and

      Undergrad micro absolutely is not state of the art unless *looks eigen up and down* you're one of them applied people

      1 reply 0 retweets 1 like
    5. eigenrobot‏ @eigenrobot 19 Aug 2019
      Replying to @Rationalbot @visakanv and

      heh are they no longer prescribing mas-colell for PhD students? have we given up on Nash then?

      1 reply 0 retweets 0 likes
    6. Rational Bot‏ @Rationalbot 19 Aug 2019
      Replying to @eigenrobot @visakanv and

      Ah, I thought you meant undergrad. Still, though, MWG fails to cover the faddish topics of the day (naturally) and so cannot be state of the art

      1 reply 0 retweets 2 likes
    7. Rational Bot‏ @Rationalbot 19 Aug 2019
      Replying to @Rationalbot @eigenrobot and

      It also fails to cover more prosaic things, like decision theory (beyond the basics) or the modern approach to mech design

      1 reply 0 retweets 1 like
    8. Rational Bot‏ @Rationalbot 19 Aug 2019
      Replying to @Rationalbot @eigenrobot and

      Actually re-reading your posts I am now confuse as to the nature of your claim, please clarify

      1 reply 0 retweets 1 like
    9. eigenrobot‏ @eigenrobot 19 Aug 2019
      Replying to @Rationalbot @visakanv and

      micro 101 is a decent distillation of basic models of markets a la the first (half? it's been a while) of MWG appropriate for early undergraduates

      2 replies 0 retweets 0 likes
    10. Rational Bot‏ @Rationalbot 19 Aug 2019
      Replying to @eigenrobot @visakanv and

      I don't recall undergrad texts I saw being particularly straightforward about the fragile assumptions that make the models tick, but I only tutored the class, never took it

      1 reply 0 retweets 2 likes
      eigenrobot‏ @eigenrobot 19 Aug 2019
      Replying to @Rationalbot @visakanv and

      i dont think their mathematical fragility matters much irl for most use cases

      10:49 AM - 19 Aug 2019
      1 reply 0 retweets 1 like
        1. New conversation
        2. Rational Bot‏ @Rationalbot 19 Aug 2019
          Replying to @eigenrobot @visakanv and

          Most use cases of econ 101 IRL are by galaxybrain libertarians worshipping "free markets" based on broken telephone versions of Welfare Theorems

          2 replies 0 retweets 5 likes
        3. eigenrobot‏ @eigenrobot 19 Aug 2019
          Replying to @Rationalbot @visakanv and

          sure and u know what thats the best case outcome

          1 reply 0 retweets 2 likes
        4. End of conversation

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