Gregory Besharov

576 posts

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Gregory Besharov

Gregory Besharov

@GregoryBesharov

Came for the economics and finance, stayed for the dog videos. Author, Microeconomics in Words

Katılım Mayıs 2020
661 Takip Edilen520 Takipçiler
Gregory Besharov
Gregory Besharov@GregoryBesharov·
There can are also ve subtle issues because of regression-to-the-mean effects. If there are groups within the population who have different average values of the variable in question, then subjects from two different groups who are observed to have the same value at one point in time wouldn't be expect to at later points in time. Take a star basketball player and regular one. In a gamne one evening, both of then get 20 points. In the next game, do you expect them to get the same number of points?
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Robert VerBruggen
Robert VerBruggen@RAVerBruggen·
The more I mull this kerfuffle, the more I think one of the big lessons is that while controlling for individuals' baseline measurements on the outcome you're studying *seems* like it should be pretty similar to individual fixed effects, it can be considerably less rigorous.
Crémieux@cremieuxrecueil

I did ask some social scientists if they understood these models, and most said they would not have thought to do them. But they're simple: compare siblings, compare the same person over time. Maybe it's ignorance holding social scientists back from testing theories properly.

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Brendan Duke
Brendan Duke@Brendan_Duke·
An underappreciated feature of One Big Beautiful Bill is that it imposes large costs on state governments—who can’t just borrow their way around it like the federal government—which then cut programs beyond OBBBA’s direct cuts to health care and SNAP.
Brendan Duke tweet media
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Gregory Besharov
Gregory Besharov@GregoryBesharov·
@gregeganSF In contrast to their usual hiring, they weakly prefer a right-handed driver.
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Greg Egan
Greg Egan@gregeganSF·
Antimatter Trucker is finally a job title! But don’t worry, this isn’t going to be “The Wages of Fear, 2026”: “The device on Cern’s truck will carry about 1,000 antimatter particles, weighing about a billionth of a trillionth of a gram …
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Gregory Besharov
Gregory Besharov@GregoryBesharov·
@stevemagness There are a lot of people who make their livings through sports. It's not unreasonable to believe that doing better would help their careers.
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Armand D'Angour
Armand D'Angour@ArmandDAngour·
I stumbled over a raised paving stone and uttered “scandalous”. Obviously because the word derives from Greek skandalon meaning ‘stumbling block’.
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Matthew Zeitlin
Matthew Zeitlin@MattZeitlin·
how come norway is pumping oil and gas out of the north sea indefinitely while the british are convinced it's not even worth trying
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Anup Malani
Anup Malani@anup_malani·
Give half a classroom a coffee mug. The other half gets nothing. Let them trade mug for cash. Since mugs were assigned randomly, about half the holders will value money more than the mug — so Coase predicts roughly 50% should trade. Almost nobody does.
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Matt Ridley
Matt Ridley@mattwridley·
Paul Ehrlich made a lot of money and got a lot of awards (including a MacArthur 'genius' award) out of making doomsday predictions that were wrong, and did real harm. For example he deplored food aid to India in the 1960s because it would worsen population growth.
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Gregory Besharov
Gregory Besharov@GregoryBesharov·
@ArmandDAngour The US has deeper levels of political appointees than the UK so doesn’t have career civil servants in positions of as much influence.
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Rory Sutherland
Rory Sutherland@rorysutherland·
Help me out here, economists. Why is it okay to burn Norwegian gas but not British gas? It's a bit like saying it's okay to be a drug addict as long as you don't grow your own.
David Frost@DavidGHFrost

Britain's net zero national suicide pact is about to kill off another great British (and great Derbyshire) company. Denby Pottery @denbypottery goes into administration because of "soaring industrial energy costs" and of course "escalating costs of employment in the UK". itv.com/news/central/2…

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Gregory Besharov
Gregory Besharov@GregoryBesharov·
There's actually a lot of intuition for both that can be expressed in multiple ways. The pi can be thought of as coming from radial symmetry. The e can be thought of as coming from the fact that the normal distribution maximizes entropy given mean and sd and the way to maximize ignorance is to have the distribution drop at a rate proportional to its value, which defines the exponential function.
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Gregory Besharov
Gregory Besharov@GregoryBesharov·
@adammarkbrazier @ramit Real home prices have increased by around 80%, so your house is worth $1.8m in constant dollars, and houses often have capital gains tax exclusions.
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Adam Brazier
Adam Brazier@adammarkbrazier·
@ramit You don't seem to be accounting for inflation (are you assuming 7% _above_ inflation? If you aren't, those are 2056 dollars, not 2026 dollars, and worth much less than 2026 dollars)
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Ramit Sethi
Ramit Sethi@ramit·
If you bought to buy a $1 million house and put 20% down, your down payment alone would be worth ~$1.6 million in 30 years if invested in the stock market (Yes, accounts for inflation) Always factor in the opportunity cost of your down payment when analyzing buy vs rent
Ramit Sethi tweet media
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Gregory Besharov
Gregory Besharov@GregoryBesharov·
@rev_cap The market wants to fall for it. It's 100% net long after all.
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Gregory Besharov
Gregory Besharov@GregoryBesharov·
@Scholars_Stage Candidates: Walter Scott, Matthew Arnold, James Fenimore Cooper, William Tyndale, Edgar Allen Poe, William Dean Howells, Henry James, Compton Mackenzie, Milton, John Bunyan
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T. Greer
T. Greer@Scholars_Stage·
This is a very good thought experiment. Who are the five authors that most 20th c writers have read but most 21st c writers have not? What about 19th c writers?
Jem Bloomfield@jembloomfield

Have been reading "Kim" this last couple of weeks, and was reminded of the scholar who told me that Kipling was the author whom most twentieh-century writers had read, but most twenty-first century readers haven't. She put it better than that, but it's a good point.

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Scott Lincicome
Scott Lincicome@scottlincicome·
Breakfast burrito line (opens in 5 mins and sells out fast). America is already great.
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