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New working paper with a modest aim: apply some simple (and classic) economics to risk from artificial superintelligence (ASI).
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Henry Thompson
226 posts
Henry Thompson
@henry_thomp
Assistant professor @OleMiss. For posterity.
Katılım Ekim 2011
235 Takip Edilen519 Takipçiler
Henry Thompson retweetledi
Sometimes, I write papers about fun ideas that I have, but don’t really care what the audience is or what happens to them. (Such is the benefit of tenure!) If you find that amusing, today is your lucky day because I have posted one such paper. papers.ssrn.com/sol3/papers.cf…
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Thanks to the generous support of @LawEconCenter, we have @ProfAlbertChoi visiting this week as part of our L&E speaker series.
Come to the sip
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Henry Thompson retweetledi
Thanks to Christos Makridis for presenting his excellent new work on the organizational transmission of AI at our seminar this week!
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Henry Thompson retweetledi
Wanna join @BobbyChesney & me? We're hiring at @UTexasLaw! Check out the job below: apply.interfolio.com/180719
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@VincentGeloso @petterkar1sson @MaxJerneck Idk about it always being why, but point is well taken.
Pic unrelated
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@petterkar1sson @MaxJerneck I think that if this is correct, those goods are bad. If goods are bads, taxation is not as effective as a monopoly. A monopoly over a bad is good. Its why competition between crime organizations always collapses in equilibrium to a cartel or monopoly. @henry_thomp
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I am going to remind people continuously that maximizing government revenues is not inherently a good thing. You should want to maximize wellbeing, income, social mobility, environmental quality etc. None of these are tied to government revenues automatically
James Medlock@jdcmedlock
I'm going to start smugly pointing to the laffer curve every time a tax raises revenue.
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Henry Thompson retweetledi
“Sanctions and Sanctions-Resistant Money” with @craigwarmke accepted for publication at JEBO. papers.ssrn.com/sol3/papers.cf…
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Thanks to the generous support of @LawEconCenter, we have @KevinTFrazier visiting this week.
Come to the sip
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@henry_thomp What about books that deserve a public-choice-themed review?
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Pleased to share that I am now serving as book review editor at Public Choice.
If you have recent(-ish) books relevant to Public Choice or if there are Public Choice-themed books you think deserve a review by you, please reach out.
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Henry Thompson retweetledi
The 2026 Triangle Micro Conference w/ @UNC_econ, @DukeEcon, @kenanflagler is on April 24/25. Very grateful to @LawEconCenter for support.
If interested in attending, program and registration information is here: cris.web.unc.edu/tmc/
Please share widely #EconTwitter!
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Gnostic wisdom is everywhere for those with eyes to see (complimentary)
Sebastian Galiani@SFGaliani
Too much economics today explains change by saying “preferences changed.” That’s not explanation, it’s a label for ignorance. Becker’s discipline was clear: don’t move tastes unless you explain how. Constraints, incentives, transmission mechanisms—not hand-waving—do the work. When “Preferences Changed” Stops Being an Explanation open.substack.com/pub/sebastiang…
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Henry Thompson retweetledi
Marco Duarte and I will be organizing Industrial Organization Society sessions at the @SouthernEconJ Conference in Houston during Nov 21-23, 2026. If you’d like to join us, please sign up using the form in the replies. Marco and I will do the rest.
Feel free to share!
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Henry Thompson retweetledi
Happy to finally have this paper out now in JUE. It's open access.
Cell phone location data can reflect what's happening in illicit markets and well targeted narcotics enforcement efforts can reverberate regionally.
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After long discussions with my family and @RebelEconProf, I have decided to stay @OleMiss_Econ for the coming year. Please respect my decision and no interviews.
Garrett Scott@GarrettEdScott
My waiver for a fifth year was approved. I am committed to @OleMiss_Econ for next academic year. 🦈 @RebelEconProf
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"Séb argues that full labor displacement--or full substitution--requires a bunch of extreme assumptions to hold true simultaneously."
Strong agree. We are still v. early so reasonableness of assumptions may be underrated. I try to argue similarly in the context of X-risk:
Alex Imas@alexolegimas
Guest essay on the blog by @sebkrier on what advanced AI will mean for jobs. Séb is AGI policy dev lead at DeepMind, and is a must-follow for his posts on how AI will impact society. In the essay, Séb argues that full labor displacement--or full substitution--requires a bunch of extreme assumptions to hold true simultaneously. Human labor share will remain a substantial part of the economy a lot longer than the AGI-maximalist timelines suggest because 1) complementarities will persist for quite a while and 2) economic value is not determined solely by efficiency--human involvement is often an integral part of a service/product's value. While full substitution may occur at some point down the line, it should not be the "default assumption" or starting point, as the underlying assumptions are extremely fragile. Rather, it may happen gradually and continuously, with "cyborgism" lasting quite a long time. It's an excellent essay, and you can read it in full here: aleximas.substack.com/p/the-cyborg-e… And if you like this type of content, do consider subscribing to the blog: aleximas.substack.com
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@BrianCAlbrecht @LawEconCenter Whoa, I did not see this, thank you
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Big W. Econ dept. 95% responsible for win
Ole Miss Football@OleMissFB
VICTORY IS SWEET #hottytoddy x @CFBPlayoff
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