Bloomberg Opinion writer. Recovering neoliberal shill and aspiring anime fan. Occasionally posts about rabbits.
See this book for some of that history: https://www.amazon.com/Dividing-Lines-Immigration-International-Perspectives/dp/0691088055
This was a very common argument against immigration in the 19th century. The Democrats were accused of mass importation of Irish voters as a way to win elections. https://twitter.com/JasonSCampbell/status/1108188947119788032
RT @tucker_doherty: New study in @JAMAInternalMed finds that marijuana legalization reduces opioid prescribing by ~6%. Finding applies to b…
RT @NORCNews: New #GSS data featured in @MotherJones: The Midwest is powering the marijuana legalization revolution. http://bit.ly/2Fpxa89
RT @s8mb: This is excellent. The Institutional Foundations of Antisemitism by @MarkKoyama https://link.medium.com/dTVJDbhndV
The political backlash against Big Tech gathers speed. https://twitter.com/team_markup/status/1044000206268878848
RT @xiruxi: @davidfrum @TheAtlantic @Noahpinion 's criticism goes well beyond the point you mention. Lots more criticism in that epic threa…
"Each one of us is broken in some way in relation to mental health. The greater part of charity is to be kind to others in their fragilities and weaknesses, even when their fragilities and weaknesses are different from our own." https://blog.supplysideliberal.com/post/2019/3/21/in-honor-of-alan-krueger
RT @tylercowen: The financial case for real estate is stronger than I had thought: https://www.bloomberg.com/opinion/articles/2019-03-21/buy-a-house-it-s-safer-than-the-stock-market
RT @menzie_chinn: #MMT for the ADD (like me). Modern monetary theory illustrated via IS-LM AD-AS; what happens if Y=Yn? What happens if the…
Chinese Millennials getting burned out too! https://twitter.com/ElliottZaagman/status/1108541263190515712
Holy goddamn. https://twitter.com/AaronBack/status/1108417183984615425
Straw poll of Noah's followers (Final Round, Alternate): Who would you rather see as the next President?
Straw poll of Noah's followers (Final Round): Who would you rather see as the next President?
OK, the winners are in: Elizabeth Warren and meme-powered dark horse Andrew Yang! Now for the final round... https://twitter.com/Noahpinion/status/1108232063512006658
RT @latenitenoah: I live in a bougie exclusive neighborhood But I refer to it as "occupied Native land" So somehow these things cancel ou…
RT @mileskimball: "In Honor of Alan Krueger" cc @Noahpinion https://blog.supplysideliberal.com/post/2019/3/21/in-honor-of-alan-krueger
RT @delong: A brilliant paper. But I have a worry: those at the upper tail of the income distribution are, to a substantial degree, those w…
Malevolence tempered only by incompetence https://twitter.com/crampell/status/1108499264311885827
RT @kevinrinz: A graphical tribute to one of @Alan_Krueger's continuing legacies, in the style of the CEA he once chaired: many millions of…
RT @DouthatNYT: The electoral college has advantages but its defenders need to recognize that too-frequent popular/electoral mismatches are…
Very cool. https://twitter.com/pilo_urbnplnr/status/1108066112707559424
RT @FabioGhironi: And three interesting new @nberpubs Working Papers: Jordà, Schularick, and Taylor: https://www.nber.org/papers/w25653 https://t.co…
Measured at purchasing power parity, China's productivity slowdown after 2007 is even bigger...
Great!! https://twitter.com/josheidelson/status/1108366564229734400
As for Yang himself, he seems like an interesting, smart guy with a lot of highly idiosyncratic ideas
I kind of like the Yang Gang meme trolls, but I think it's because I'm almost old enough to be Gen X, meaning that I have an innate love of inexplicable, bizarre things
RT @sciam: Brain-machine interfaces can send and receive communications to and from neural circuits in the body. Existing interfaces are im…
RT @INETeconomics: Gerald Epstein: "Functional finance might have some important perspectives to offer to be sure; but the theory and logis…
Noah's Law of the Fed: Whatever the Fed does or doesn't do, people will blame everything that happens to the economy on that action or lack of action.
Beto should be helping turn Texas blue, instead of running for President. https://www.nytimes.com/2019/03/20/us/politics/andrew-gillum-florida-president-2020.html
RT @TheRickWilson: Biker gangs stand guard by NZ mosques at first Friday prayers. https://www.standard.co.uk/news/world/biker-gangs-stand-guard-outside-nz-mosques-during-first-friday-prayer-since-massac re-a4096341.html
No one is gonna like the answer https://twitter.com/sciam/status/1108466658300100618
RT @business: Trump's plan to spend less on health care while boosting defense is an exercise in misplaced priorities, @Noahpinion argues h…
RT @BCAppelbaum: The Fed predicts that it won't raise interest rates this year. It would be the first year since 2014 with no rate hike.…
RT @ToreEllingsen1: Good thread. It’s high time for more serious theory on minimum wages. There are certainly other potential explanations…
This seems right. I'd bet that helicopter parenting is just a response to increasing economic inequality, rather than some sort of spontaneous cultural shift. The consequences of your kid NOT getting into the upper middle class are devastating now, instead of just disappointing. https://twitter.com/_alice_evans/status/1096830164976189443
An argument against reparations, by @coldxman: https://quillette.com/2019/03/17/reparations-and-ta-nehisi-coatess-pyrrhic-victory/
Wow, the Yang Gang is gaining on Kamala in my straw poll... https://twitter.com/Noahpinion/status/1108232389145198592
RT @arindube: A nice article about the important work by @davidautor David Autor, the academic voice of the American worker https://t.co…
RT @MichaelLipsitz: Policies surrounding noncompetes are gaining traction (see https://www.bloomberg.com/news/articles/2019-03-20/labor-groups-petition-u-s-ftc-to-prohibit-non-compete-clauses). Some preliminary work of mine (and…
Richard Feynman once said that "Science is the belief in the ignorance of experts." http://profizgl.lu.lv/pluginfile.php/32795/mod_resource/content/0/WHAT_IS_SCIENCE_by_R.Feynman_1966.pdf Econ has moved far in the direction of believing that its own experts are ignorant. It's not 100% there yet, but there has been so much progress. (end)
Alan Krueger never stopped fighting to turn economics into a true empirical science. https://twitter.com/Alan_Krueger/status/994733761668571136
Some economists are still vigorously fighting the shift toward empiricism in economics. Some of them want a return to the dominance of respected sages and of politics. But they are not winning... https://www.bloomberg.com/opinion/articles/2018-08-02/how-economics-went-from-philosophy-to-science
The rise of empiricism in economics isn't only about understanding the world better. It's also about rescuing the consensus from the grip of respected sages and politicized advocates.
And of course, when Buchanan-style dogmatism rules, respected theorists are easily able to insert their political preferences. If someone like Buchanan didn't like the minimum wage because he thought poor people didn't deserve money, he could say "Supply and demand, duh!"
When you have empiricism - when the ultimate test of a theory is whether it fits the data, not whether it's philosophically pleasing - even a junior researcher can show up a respected elder like Buchanan, just by showing the data. Empiricism is egalitarian in that respect.
This is why the shift from theory to evidence in economics is such a huge deal. Buchanan's quote is an extreme example - few economists would ignore evidence *completely* based on their faith in a theory, like Buchanan does here. But yeah, things were bad.
Faced with evidence that minimum wage doesn't kill jobs, Nobel laureate James Buchanan resorted to the old "So you think demand curves don't slope down?" troll. A poor showing indeed... https://cei.org/blog/minimum-wage-hike-will-kill-jobs
A stirring tribute to Alan Krueger from @arindube, who is following in his footsteps by researching the effects of the minimum wage: https://slate.com/business/2019/03/alan-krueger-obituary-economics-research.html
Wow. James Buchanan lost that fight in spectacular fashion. https://twitter.com/BCAppelbaum/status/1107745883381223424
RT @Noahpinion: In this post I try to articulate how Alan Krueger changed the economics profession: https://www.bloomberg.com/amp/opinion/articles/2019-03-18/princeton-professor-alan-krueger-led-quiet-econom ics-revolution
RT @Noahpinion: In this post I try to articulate how Alan Krueger changed the economics profession: https://www.bloomberg.com/amp/opinion/articles/2019-03-18/princeton-professor-alan-krueger-led-quiet-econom ics-revolution
RT @Noahpinion: 8/The U.S. homicide rate DOUBLED.
RT @Noahpinion: 6/The worst prison riot in American history was at Attica in 1971. At least 43 people were killed. https://t.co/yvjwFtihf…
RT @Noahpinion: 5/At Kent State in 1970, the year the foreign-born population hit its all-time low, National Guardsmen shot unarmed student…
RT @Noahpinion: 4/After the assassination of MLK in 1968 there were riots in 110 AMERICAN CITIES. https://en.wikipedia.org/wiki/King_assassination_riots https://t.co/3gj…
RT @Noahpinion: 3/In the summer of 1967 there were race riots in 159 AMERICAN CITIES. https://en.wikipedia.org/wiki/Long,_hot_summer_of_1967
RT @Noahpinion: 2/In a single 18-month period between 1971 and 1972, there were about FIVE terrorist bombings in America EVERY SINGLE GODDA…
RT @Noahpinion: 1/I'm so exasperated by the idea that low immigration produces social and cultural cohesion that I'm going to write a threa…
This is incorrect. Real GDP growth from 2017Q4-2018Q4 was 3%. Real GDP growth from 2014Q1-2015Q1 was 3.8%. https://fred.stlouisfed.org/series/GDPC1 https://twitter.com/realDonaldTrump/status/1107673256268623872
 
It’s the fastest four-quarter period that also corresponds to a calendar year.
What if the hard right dropped Trump, dropped Nazi stuff and race wars, dropped nativism, dropped culture wars, and simply advocated for the economic interests of poor and rural white people? It won't happen, but I sure wish it would. http://www.unz.com/akarlin/yang/
 
"Nazi Bernie Sanders." Interesting.
Was Gangnam Style the last thing that the whole internet enjoyed together, before it all turned into screeching and anger?
 
All was joy and cat videos. Then the rabbit lovers showed up. #splitters 😀
RT @Noahpinion: THIS. If America really wants to beat climate change, we need a Green Marshall Plan. https://twitter.com/economics/status/1107360274300968961
RT @Noahpinion: Remember, it's your civic duty to block Nazis. Shutting them out of Twitter discussions cleans up the whole ecosystem, and…
RT @Noahpinion: Remember, you can chain-block all of an account's followers with this handy-dandy browser extension: https://chrome.google.com/webstore/detail/twitter-block-chain/dkkfampndkdnjffkleokegfnibnnjfah?hl=en
Also great advice from @Noahpinion. I use this method — just go straight down the list of troll’s followers and block — but it takes time that is worthwhile only for Twitter power-users. https://twitter.com/Noahpinion/status/1085631633527472128
RT @Noahpinion: A good way to identify lots of people worth blocking: 1. Go to some Nazi meme accounts and chain-block all their followers…
Also: The time to be vigilant is when one of your tweets goes viral. That’s when bots and trolls swarm in and attach themselves to your followers. I had almost no trouble before a few political tweets went viral post-Tr*mp. Once the RTs die down, check yr lists and followers.
All I know is that I narrowly lost in a bracket to @Noahpinion and there were thousands more votes in it than in any other bracket. https://twitter.com/trepur349/status/1106676743807664129
Fun rabbit fact: The wild rabbits you see in your yard are not the same species as the rabbits we keep as pets. The former are cottontail rabbits (Sylvilagus floridanus or Sylvilagus audubonii), while our pets are Oryctolagus cuniculus, the imported European rabbit.
 
 
 
 
 
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