Luke Macon

3.5K posts

Luke Macon

Luke Macon

@LukeMacon

Just a guy. All views something I heard my friend say.

Katılım Mayıs 2012
446 Takip Edilen91 Takipçiler
Luke Macon
Luke Macon@LukeMacon·
@FitzgeraldJack_ @phl43 So how do you judge power transformations in the grand scheme of things as it pertains to your argument?
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Jack Fitzgerald | @jackfitzgerald.bsky.social
@LukeMacon @phl43 Log-like transformations approach ln(Z) for large Z but are defined when Z = 0. Power transformations are different, though we have a section in the paper showing that they exhibit similar undesirable properties (for transform Y^p, you get sweet spots in p).
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Luke Macon
Luke Macon@LukeMacon·
@MishaTeplitskiy Also, your cite count should be divided by a co-author count. The fact that this isn’t already factored into the system slightly baffles me
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Misha Teplitskiy | Science of Science
Interesting argument for why researchers are so reluctant to do away with journal impact factors: the majority of us look "better" when evaluated by impact factor instead of article-level citations
Misha Teplitskiy | Science of Science tweet media
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Iñigo San Millán
Iñigo San Millán@doctorinigo·
For decades, peer review has been treated as the gold standard of scientific validation. Yet many scientists know the reality: the system is far from perfect. Peer review is broken and sometimes even corrupted. The process can be slow, inconsistent, and vulnerable to bias. Reviewers are sometimes asked to judge work outside their true expertise. In other cases, they may be evaluating ideas that challenge the very paradigm in which they were trained. And occasionally, reviewers are simply competitors. Ironically, the most prestigious journals can also be the most conservative. Truly new ideas are often met with skepticism, while safer work that fits the current narrative moves more easily through the system. Increasingly, papers are judged less by the originality of the idea and more by the volume of data, the sophistication of statistics, and the beauty of the figures. Science risks becoming data-rich but idea-poor. But there is an important reality to remember: journals do not ultimately decide the impact of scientific work. Impact is decided later, by the community. By the scientists who read it, test it, debate it, and cite it. In the end, citations and ideas determine the legacy of a paper, not the impact factor of the journal that first published it. Science has always advanced by questioning assumptions. Perhaps it is time we also question the system that filters scientific ideas.
Iñigo San Millán tweet media
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Misha Teplitskiy | Science of Science
Another lower bound on likely fraud in biomed literature -- using suspicious copy/pasting in Excel files -- comes in at 3%. It feels very uncomfortable but I think we all have to update our priors to fraud being quite common
Misha Teplitskiy | Science of Science tweet media
Misha Teplitskiy | Science of Science@MishaTeplitskiy

How much misconduct/fraud is there in the academic literature? About 0.2% of papers get retracted, but that's obviously a severe underestimate. Probably the best estimate comes from a manual (!!!) inspection of 20K (!!!) Western blot images. Estimate is 3.8% (1/2)

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Keith Siau
Keith Siau@drkeithsiau·
Relationship between exercise and mortality 🏃‍♂️
Keith Siau tweet media
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Luke Macon
Luke Macon@LukeMacon·
@paulnovosad Yes and for every one tweet like this there’s two anti-tweets where the reviewers talk about reviewing your paper with AI. Anti because that’s what they do and could tweet but would never dare!
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Luke Macon
Luke Macon@LukeMacon·
@alz_zyd_ Yes, it’s somewhat like offering President Trump the opportunity for introspection 😁
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alz
alz@alz_zyd_·
the heterodox econs on twitter are great actually. their naive questions give us a nice platform to talk about many of the beautiful classic results in our field
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Luke Macon
Luke Macon@LukeMacon·
@maxgoedl No one is really meeting his comments where they’re at. Start with oridinal utilty. Why is he wrong about that point?
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Max Goedl
Max Goedl@maxgoedl·
That is certainly not what I have been taught and it's not what I teach students. The fact is that you DO NOT NEED to make interpersonal utility comparisons (cardinal utility) for welfare economics. But that does not mean you CANNOT make interpersonal utility comparisons.
UChicago | Stone Center on Inequality & Mobility@UCStoneCenter

We rarely think of economics as scandalous, but maybe we should. Sam Bowles, in conversation with @sndurlauf & @ethanbdm, argues that a core assumption in the field impedes moral reasoning about wealth redistribution. Watch the full panel → bit.ly/3Yj4F3B

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alz
alz@alz_zyd_·
An example of "lagging prestige" is that econ PhDs are still, for some reason, viewed as much higher prestige than other business school PhDs (finance, mkting, accounting, etc.). However, the econ PhD job market is collapsing, and PhD admissions are getting much harder
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alz
alz@alz_zyd_·
The reality is, modern economic models are rich enough that you can justify almost any policy with them: - Tariffs vs free trade - Wide ranges of progressive income tax - Price controls - Free financial markets vs no financial markets - Monetary policy autonomy vs not
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alz
alz@alz_zyd_·
@uselessBlob696 what is one example where we did this successfully
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alz
alz@alz_zyd_·
"Economics is not about making predictions" what is economics about, then
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Luke Macon
Luke Macon@LukeMacon·
@alz_zyd_ Is the project quality cardinal or ordinal? I’m curious if you have “hope” for the potential of several of those 126, or if those projects are truly dead like you won’t come back to them. Do you have another different folder of “alive but dormant” projects?
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alz
alz@alz_zyd_·
A student asked me: do research projects die? What fraction of projects die? So I looked at my dead projects folder to estimate this fraction. It turns out I have 21 papers posted/published/etc., and my dead projects folder has 126 subfolders
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Luke Macon retweetledi
Fareed Zakaria
Fareed Zakaria@FareedZakaria·
An America that behaves like an utterly self-interested predator on the world stage will not grow stronger. It will grow lonelier. My take:
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Luke Macon
Luke Macon@LukeMacon·
@soumitrashukla9 There’s always the argument that the low paying fields are low paying due to positive externalities. Aaaaand that’s probably correct, at least in part.
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Paul Novosad
Paul Novosad@paulnovosad·
The idea of Natural Capital is simple — when you extract and sell finite natural resources, you get +GDP but –Savings, because the resources are gone. It's obviously correct, but not incorporated into core models, I guess because we like simple models. Maybe its time is here.
Steven N. Durlauf@sndurlauf

3. Partha Dasgupta, On Natural Capital: The Value of the World Around Us A career summarizing work by one of the great minds in the economics profession, addressing deeply and comprehensively on how nature and the environments must be integrated into economic models and measurement. (This book is, I believe available in the US in early 2026; I read the final book draft this year.)

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