
Richard Werner
27.4K posts

Richard Werner
@scientificecon
Prof. Richard A. Werner. Empirical, fact-based economics. Retweets not an endorsement or agreement. Likes are merely bookmarks. See also @professorwerner









$247,832 in debt and counting A computer science grad from Carnegie Mellon with a 3.87 GPA Class of 2025, recruited by Google, Microsoft, and Meta his sophomore year All three offers rescinded "due to economic headwinds" 1,847 applications sent since graduation 47 interviews 12 final rounds Zero offers His roommate from Stanford drives DoorDash 14 hours a day making $11.23 an hour after gas Another classmate from MIT stocks shelves at Target for $16 an hour The career services office still runs LinkedIn ads about their "94% placement rate" Based on 2019 data Before AI murdered the entire profession He spent four years learning React while React developers were being replaced by Claude Learned Python while Python jobs got automated by Copilot Learned algorithms while algorithms were writing better algorithms than humans The ultimate fucking irony He graduated summa cum laude in the exact skill that just became obsolete Carnegie Mellon's computer science program costs $61,958 per year For a degree that's now worth less than a community college welding certificate But sure, keep telling kids to learn to code


The defeat of Viktor Orban has spelt the end of his ‘illiberal democracy’ project ☹️ However, emboldened by a less recalcitrant member state, will the EU seek more powers over smaller member states like Ireland 🧐 Is Ireland facing a democratic assault from Brussels 😭 🇮🇪🇭🇺🧵




I just want to give you an update regarding direct democracy in Switzerland. On 8th March 2026, there was a national referendum dealing with the future of cash. This came about due to growing concern among the public that physical cash could gradually disappear as digital payments become more dominant. The Swiss were asked to consider proposals aimed at addressing that concern. The more hardline proposal, which sought very rigid guarantees around cash, was rejected. However, a more balanced counter-proposal was approved by a strong majority of around 73%. What was ultimately agreed is that the State must ensure cash remains available and accessible within the economy. In simple terms, it means cash is protected as a practical option for everyday use, without preventing digital systems from continuing alongside it. It’s a good example of how direct democracy can be used to respond to a real public concern and shape policy in a measured way.


You literally sanctioned me for exercising my freedom of speech.










Just remember, in 2021, June 21 Matt Hancock stated that we were going to be the biggest organ donors in the world… Yes little old 🇬🇧! Did you forget to opt out? You’ve all been opted in and are automatically organ donors unless you opt out. Remember, you cannot take an organ from a cadaver, from a dead body. You are very much alive and they prioritise your organs. You are paralysed but often Awake ! You just don’t live to tell the story. You do however move but they try to tell you these are just spinal reflexes. Total nonsense … take a read and then opt out. This is the stuff of horror movies and many have refused to participate after witnessing this. organdonation.nhs.uk/register-your-…



Germany is so far gone that even immigrants have their own jokes about themselves all being on welfare while the natives work to pay for their lifestyle. I will never understand this continent's willingness to put itself into servitude for the entire third world. It's sad.


🇨🇭 The Swiss want to cap their population! 52% of Swiss voters are now backing a referendum to cap the country’s population at 10 million. If it passes June 14th, they’d become the FIRST nation in history to officially limit how many people can live there. It would likely mean tighter immigration controls, meant to keep Switzerland, well, Swiss. Source: 20 Minuten, Anadolu Agency







