Adam Ozimek

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Adam Ozimek

Adam Ozimek

@ModeledBehavior

Chief economist at @InnovateEconomy. Host of the EconTwitter Water Cooler, live on twitter spaces and downloadable here: https://t.co/toyjfDruRu

Lancaster, PA شامل ہوئے Haziran 2010
907 فالونگ90.9K فالوورز
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Adam Ozimek
Adam Ozimek@ModeledBehavior·
What should we do about high skilled immigration and why? This is the topic of my huge new report with @LettieriDC and @cojobrien: Exceptional by Design. Quick thread on why I think you should read this report. eig.org/exceptional-by…
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Adam Ozimek
Adam Ozimek@ModeledBehavior·
@binarybits I am sure if polls showed huge support for banning data centers Elon would apply this logic consistently
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Adam Ozimek
Adam Ozimek@ModeledBehavior·
Watch how poorly this war goes down with voters and really ask yourself whether we would have the public support to withstand the economic shock of a war with China for the sake of the people of Taiwan. Hold aside good or bad, I really don't think we are remotely willing
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Alec Stapp
Alec Stapp@AlecStapp·
Never deleting this app
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Joe Weisenthal
Joe Weisenthal@TheStalwart·
WOW. Just in the last two weeks, BYD showrooms around the world are seeing a surge in customer demand from people who are deciding that now is the time to switch to EVS, with oil prices so high. bloomberg.com/news/articles/…
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Adam Ozimek
Adam Ozimek@ModeledBehavior·
The Chuck Norris meme obviously highlighted this fact, but it really is true that among the action stars he was probably the most legit tough guy. Trained seriously across many disciplines.
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Adam Ozimek
Adam Ozimek@ModeledBehavior·
@TheStalwart I think they're going to try to walk it back in coming weeks. Look forward to testing that theory with your measure
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Joe Weisenthal
Joe Weisenthal@TheStalwart·
It'll be interesting to see how this looks over the next week, as we get more post-FOMC Fedspeak. But my proprietary measure of FOMC hawkishness climbed even further after Powell's press conference.
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Adam Ozimek
Adam Ozimek@ModeledBehavior·
@CarrollDoherty Thats true but a lot of people are claiming its happening already.
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Carroll Doherty
Carroll Doherty@CarrollDoherty·
@ModeledBehavior This piece accurately describes the present and recent past (data over past 25 years). But no one really knows whether college will retain its advantage in the AI future.
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Adam Ozimek
Adam Ozimek@ModeledBehavior·
I am concerned all the doom about young college grads is going to convince many that non-college is a better path to prosperity. While obviously true sometimes, the data is clear that college grads are still doing better. nationalreview.com/2026/03/ais-ov…
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Mike Englund
Mike Englund@MikeEnglund2·
@ModeledBehavior There is no doubt that high performing students can turn a degree into a high paying job, but those students generally aren't the ones on the fence regarding going to college. It is the cost-effectiveness of college to mid-level students that is at issue.
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Adam Ozimek
Adam Ozimek@ModeledBehavior·
@MikeEnglund2 Yet employers value that evidence, often considering it necessary. From the student's perspective, the signaling vs human capital theory is less relevant than you think
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Mike Englund
Mike Englund@MikeEnglund2·
@ModeledBehavior The point is that eventual success is probably mostly driven by the work habits of the student, with or without the degree. The degree is just a piece paper to use as evidence. If a low performer is given the paper, they may get an initial job offer, but will still underperform.
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Net Present Value
Net Present Value@Aesop_NPV·
@ModeledBehavior @jasonfurman College is increasingly a waste of time. I say that with two Master's Degrees! I am very pro eduction. It's just that little "education" occurs at American universities today.
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Adam Ozimek
Adam Ozimek@ModeledBehavior·
@MikeEnglund2 You are describing selection, not signaling. Signaling IS a causal effect
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Mike Englund
Mike Englund@MikeEnglund2·
@ModeledBehavior You have a big causality problem with your claim, because high-performing students destined for a high-salary career like doctor go to college, while low-performing students generally don't. Is the college degree raising your salary, or is it just a signaling device?
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Adam Ozimek
Adam Ozimek@ModeledBehavior·
@DanteJeffe14617 When you claim "virtually no", yes 4.3 million is meaningful. It's 13% of those workers. You need to seriously moderate your claims, they are inaccurate.
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Dante Jefferson
Dante Jefferson@DanteJeffe14617·
@ModeledBehavior The people making more than the typical college educated worker are heavily men working is certain trades and they are out-earning women who are like social workers and elementary school teachers, but if they had gone to college, they wouldn’t have ended up doing that.
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Adam Ozimek
Adam Ozimek@ModeledBehavior·
@DanteJeffe14617 4.3 million workers with a high school or less make more than the median college educated worker.
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Dante Jefferson
Dante Jefferson@DanteJeffe14617·
@ModeledBehavior Sorry, I meant to say virtually no high school grads make as much as the median professional school educated person.
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Adam Ozimek
Adam Ozimek@ModeledBehavior·
@DanteJeffe14617 According to 2024 US Census data, around 8% of workers with only a high school degree make over $100,000. That is for workers age 25 to 54 who aren't currently enrolled in any school.
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Dante Jefferson
Dante Jefferson@DanteJeffe14617·
@ModeledBehavior There are virtually no blue collar jobs where a single earner makes $100k a year and the jobs that do exist are not common jobs.
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Adam Ozimek
Adam Ozimek@ModeledBehavior·
@DanteJeffe14617 You are trying to make claims about "almost never" by appealing to "most". That won't cut it!
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Dante Jefferson
Dante Jefferson@DanteJeffe14617·
@ModeledBehavior Most blue collar jobs pay like $50k and these are almost exclusively male jobs. There’s no equivalent job for a woman who doesn’t go to college and men who don’t go to college are mostly going to marry women who don’t so this means your family income is likely going to be $70k.
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Dante Jefferson
Dante Jefferson@DanteJeffe14617·
@ModeledBehavior It’s almost never true that not going to college is a path to prosperity. At best, it’s a path to a lower middle class life and that’s basically the best income you can reasonably expect.
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Jordan McGillis
Jordan McGillis@jordanmcgillis·
AI's crushing college grads, right? It's tantalizing, but the facts lead another direction. College and non-college young adults are both facing a tougher hiring market than during the ZIRP era. College grads still have the edge. My latest @NRO: nationalreview.com/2026/03/ais-ov…
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