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eigenrobot's profile
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@eigenrobot

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eigenrobot

@eigenrobot

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eigenrobot.substack.com
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    1. NLRG Loves Recursive Guises‏ @NLRG_ Jan 26
      Replying to @eigenrobot

      im unfamiliar with the literature but i think the academic arguments on minimum wage are usually pretty reasonable on both sides; it's mainly an empirical question at this point, i think but then you talk to normies and

      1 reply 0 retweets 10 likes
    2. eigenrobot‏ @eigenrobot Jan 26
      Replying to @NLRG_

      i had a grad school classmate who found the mixed results about minimum wage effects to be evidence of an uncertain story rather than a good reason to question our empirical findings generally still think about this

      3 replies 0 retweets 20 likes
    3. halvorz ¯\_(ツ)_/¯‏ @halvorz Jan 26
      Replying to @eigenrobot @NLRG_

      i would simply question both empirical and theoretical economics findings equally

      1 reply 0 retweets 14 likes
    4. Steven Godofsky‏ @sgodofsk Jan 26
      Replying to @halvorz @eigenrobot @NLRG_

      the fundamentals of supply and demand is the best supported theory in all of the social sciences and you should believe it strongly even if you don't believe other parts of economic theory

      1 reply 0 retweets 16 likes
    5. halvorz ¯\_(ツ)_/¯‏ @halvorz Jan 26
      Replying to @sgodofsk @eigenrobot @NLRG_

      supported by what, exactly

      3 replies 0 retweets 8 likes
    6. eigenrobot‏ @eigenrobot Jan 26
      Replying to @halvorz @sgodofsk @NLRG_

      *gestures wildly in all directions*

      2 replies 0 retweets 20 likes
    7. eigenrobot‏ @eigenrobot Jan 26
      Replying to @eigenrobot @halvorz and

      the baseline predictions are the directional responses of price and quantity in response to changes in supply or demand, and they're so consistently met that it's almost trivial to list them sadly this means most of the attention goes to weird edge cases like potatoes in famines

      4 replies 0 retweets 21 likes
    8. halvorz ¯\_(ツ)_/¯‏ @halvorz Jan 26
      Replying to @eigenrobot @sgodofsk @NLRG_

      wait so is empirical economics good or bad

      2 replies 0 retweets 9 likes
    9. eigenrobot‏ @eigenrobot Jan 26
      Replying to @halvorz @sgodofsk @NLRG_

      mostly bad methods and data are still not really up to snuff for what we ask of them so you get people running experiments in controversial areas and woh shocking the results are murky (because our tools suck) and we don't learn anything but people at least get funding for v2

      1 reply 0 retweets 9 likes
    10. halvorz ¯\_(ツ)_/¯‏ @halvorz Jan 26
      Replying to @eigenrobot @sgodofsk @NLRG_

      so if you can't trust your data how can you trust your theory

      1 reply 0 retweets 8 likes
      eigenrobot‏ @eigenrobot Jan 26
      Replying to @halvorz @sgodofsk @NLRG_

      This is a good and reasonable question! I could give you a boring laundry list but I want to craft a story instead. I will do this after I pay attention to my pregnant wife who wants attention, back in a bit.

      5:00 PM - 26 Jan 2021
      • 8 Likes
      • 🕯️ Anna Gabriel dune knight Chana NLRG Loves Recursive Guises Alex Godofsky halvorz ¯\_(ツ)_/¯
      1 reply 0 retweets 8 likes
        1. New conversation
        2. Alex Godofsky‏ @AlexGodofsky Jan 26
          Replying to @eigenrobot @halvorz and

          the theory doesn't really come from the kind of data or analysis empirical econ does

          1 reply 0 retweets 5 likes
        3. halvorz ¯\_(ツ)_/¯‏ @halvorz Jan 26
          Replying to @AlexGodofsky @eigenrobot and

          but does it come from data at all

          3 replies 0 retweets 5 likes
        4. Show replies

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