Alberto Galasso
4K posts
@AlbertoGalasso
Innovation Economist at the University of Toronto
I do believe that behavioral economics experiments identify subgroups of the population who exhibit this or that "behavioral bias" but the costs they suffer from this bias shrink sharply if there are enough of them to trigger a supply side response. Demand creates supply!
My main issue with the way economics is taught today is the obsession with understanding all aspects of the economy through mathematical models. The result is that we're training economists who can build models but don’t properly understand the economy. It’s also isolating economics from other social sciences. Don’t get me wrong — maths is very useful, but not when it comes at the expense of understanding the real economy. And, of course, it doesn't help that many of the models being taught are grounded in assumptions that aren't empirically verified. I did a bachelor’s degree in (mainstream) economics. I learned a lot of statistics, econometrics, linear algebra, and calculus. It has served me well in many ways, but the degree was quite detached from what's happening in the real world. It should be perfectly possible to teach maths alongside non-quantitative approaches to economics and adjacent social sciences. Check out my newsletter if you want to read more about this (link in replies).
@professor_ajay at NBER AI points out an amazing short comment by Danny Kahneman back at our 1st Econ of AI conference in 2017. Main point: AI has less noise than humans. Most discussion is about bias, but take that noise comment seriously...it's very deep.
Great asset from @AmirSariri @wytham88 @avicgoldfarb & CDL for studying entrepreneurship! I put together an early version of this dataset in 2016; now it's super clean data from a whole team on high-growth startups incl. qualitative goals/activity in panel form. So good!
Gentili @GiorgiaMeloni e @Antonio_Tajani, questa patriottica efficienza a chi la attribuiamo? SON PASSATI 5 MESI dalle "urgenti modifiche legislative"! Quando pensate di restituire funzionalita' ai consolati italiani all'estero? ======================================== AVVISO URGENTE – Risposta automatica , si prega di non rispondere Nello scusarci per eventuali disagi, informiamo l’utenza che – in ragione di urgenti modifiche legislative approvate il 28 marzo 2025 dal Consiglio dei Ministri (gazzettaufficiale.it/eli/id/2025/03…) e in attesa di specifiche istruzioni dal Ministero degli Affari Esteri e della Cooperazione Internazionale – sono temporaneamente sospesi: – tutti gli appuntamenti per il deposito della documentazione finalizzata a pratiche di riconoscimento della cittadinanza iure sanguinis; – la fissazione di nuovi appuntamenti, tramite il portale Prenot@mi, per le suddette pratiche; – l’iscrizione, sempre sul portale Prenot@mi, nelle liste di attesa per presentazione di pratiche di cittadinanza iure sanguinis; – l’accettazione delle domande di riconoscimento della cittadinanza iure sanguinis inviate per posta e pervenute in Consolato oltre le ore 23.59 del 27 marzo 2025 (orario di Roma). Consolato Generale D’Italia - Los Angeles Ufficio Cittadinanza
