The Butler did it

If you know a finance doctoral student who will soon be on the rookie job market, they may be interested in my paper with Tim Crack that details the process and gives practical advice. Now available to download @TheFinancialRev. onlinelibrary.wiley.com/doi/full/10.11…

More on the 4I model and what comes after the Grind: Full essay: afterthegrind.ai Andrew Perkins is Chair of Marketing and International Business at WSU and author of After the Grind. Paperback: amazon.com/dp/B0GHT7DN7F E-book: amazon.com/dp/B0GJFFLCJ1

@jmwooldridge @thedavidpowell

Just noting that no one’s criticizing twoway random effects.

Today we released our new NBER working paper: "Easy A's, Less Pay: The Long-Term Effects of Grade Inflation." Joint work with Rachel Nesbit, Nolan Pope, and Merrill Warnick. Grades in U.S. high schools have risen steadily over the past several decades, but the effect is unknown

@KhoaVuUmn I was just getting used to the idea of “free disposal” but this is an improvement. Markets for everything!

I didn't think this would be an option.

If you are using AI the right way, it should make your job harder, not easier.

I asked my senior Marketing students to estimate how their time would be spent before and after AI. The result: entry-level work collapsed to a thin slice. Big-picture thinking expanded dramatically. That conversation became a book. After the Grind identifies ten archetypes of human value that AI cannot automate and maps them across four dimensions: Interpretive, Integrative, Interpersonal, and Imaginative. The new edition adds four chapters I wrote with my own AI agent, exploring what happens when you're the only human in the room, when loneliness becomes a workplace crisis, and when one person with AI tools can do the work of an entire team. It's for students, early-career professionals, and anyone wondering what their career looks like when the grind disappears. If this resonates with you, I'd appreciate a repost. I'm a professor, not an influencer. I don't have a marketing team or a publishing house behind this. Just a book, an AI agent running on a Raspberry Pi, and the belief that this conversation matters. Help me get it in front of the people who need it. amazon.com/dp/B0GHT7DN7F Paperback amazon.com/dp/B0GJFFLCJ1 E-Book

Ok turns out I don’t hate Texas I was just in Dallas

--dangerously-skip-permissions

Must have been devastated to fail Harvard and have to join MIT instead.

@KhoaVuUmn @arindube With large enough AI-generated N we won’t need to defend against non-Econ randos.

@arindube Or against non-econ randos on Twitter.

"AI told me that this AI-written paper is full of error" as proof that AI is not ready for quality research does not sound reassuring as one would think.

@paulnovosad Because path dependence undermines whatever (modest) efficiency there may be in labor markets.

Students are mostly wrong about this. They are so risk averse, it feels like their professional life will be over if they don't stay on the most elite path (which weirdly is banking or consulting??). But at every career stage, the good people move up and the bad ones go down.

@dog_rates That’s clearly an Ewok. I thought you only rated dogs? Disappointed.

This is Teddy. Despite his name, he is not actually a teddy bear that has come to life. Just happens to be an exceptionally soft and cute and cuddly little guy. 13/10

Sounds good. What could possibly go wrong?

With a week to reflect, I’m convinced this was the greatest moment in sports history. A 2-star recruit leads the worst program ever to a national championship, beats his hometown team that wouldn’t let him walk on, and finishes it by running over the same guy who knocked him out the year before, with his mother battling MS watching from the stands. If it was a Disney movie, you’d say it was too much.

Why is Rice Business a top MBA for finance? Prof. James Weston explains our edge. Top-tier faculty, Houston's diverse industries and hands-on experiences like the Week on Wall Street career trek prepare @RiceUniversity students for leadership across the global market.

A Christmas Story. And it wouldn’t be the first time.

"The biggest harbinger that things were about to fall apart in Iran didn’t come from the thwarted anger of the country’s opposition or the frustrated hopes of young people hungry for more personal freedom. It came from the collapse of a bank." wsj.com/world/middle-e…

Woooooooow here we go

@KhoaVuUmn @jmwooldridge “Caused”??

@jmwooldridge Probably something you tweeted caused that 😛

My google citation just got adjusted and went down by 1 cite. Please send thoughts and prayers during this difficult time.