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Adam Kapor

@adamkapor.bsky.social
1.9K followers 602 following 155 posts

Economist at Yale. IO, information in matching markets, mostly education. If the data could speak for itself, we would not understand it. Sideways-induction fan.

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Adam Kapor @adamkapor.bsky.social · 04/09/2026
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David Slichter @davidslichter.bsky.social · 05/05/2026
(1/n) Holding the coursework constant but changing whether there's a diploma has no effect on wages: www.jstor.org/stable/10.10...
jstor.org
The Signaling Value of a High School Diploma on JSTOR
Damon Clark, Paco Martorell, The Signaling Value of a High School Diploma, Journal of Political Economy, Vol. 122, No. 2 (April 2014), pp. 282-318
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Adam Kapor @adamkapor.bsky.social · 27/04/2026
”Middlebrow” is like “neoliberal” in that it‘s mostly pejorative and has four mutually incompatible meanings
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Adam Kapor @adamkapor.bsky.social · 10/04/2026
Much credit is due to people who invent new IV strategies, but instruments (and more broadly, “research designs”) that are named after people are always somewhat suspect
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Adam Kapor @adamkapor.bsky.social · 09/02/2026
I did not like the implication that you don’t have to learn Bayes rule
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Anna Stansbury @annastansbury.bsky.social · 07/02/2026
The other outcome that I've seen - when there are so many As students at the very top can't distinguish themselves through their classwork. Going really deep on a class and writing a truly superb paper won't change grade --> increased incentive to distinguish through extra curriculars.
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Adam Kapor @adamkapor.bsky.social · 31/01/2026
Nash-in-Nash bargaining implies the existence of Rubinstein-in-Rubinstein bargaining: the parties exchange alternating offers that must be confirmed via email
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mtsw @mtsw.bsky.social · 02/12/2025
I think filling the top ranks of our education system with people who got there in part by abusing a system designed to help disabled people will select morally deficient people for leadership positions in our society and is worth taking steps to avoid bsky.app/profile/padr...
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Shiv Ramdas Mens Rice Activist @nameshiv.bsky.social · 10/11/2025
ok so now I understand why Shaheen and gang were so desperate to end the shutdown
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Victor Ray @victorerikray.bsky.social · 09/11/2025
If they cave, it reinforces my sense that the real problem with the democrats is not “wokeness,” but the fact that they don’t stand for anything and are willing to fight for nothing. It’s worse than being useless; it is collaboration.
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Adam Kapor @adamkapor.bsky.social · 04/11/2025
Q: How many applied microeconomists does it take to change a light bulb? A: Exploiting a unique natural experiment in which the Earth’s orbit and rotation induce plausibly exogenous variation across time and place in the availability of a close substitute to light bulbs, we find
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Adam Kapor @adamkapor.bsky.social · 03/11/2025
My name is Ozymandias, King of Kings. Just a gentle reminder to look on my works at your earliest convenience. Thanks!!
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Adam Kapor @adamkapor.bsky.social · 11/10/2025
I used to be nonplussed when people did this but now I’m nonplussed
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Adam Kapor @adamkapor.bsky.social · 08/10/2025
Job market candidate: “Other papers have found high labor-market returns to studying economics, but no one has looked at subfields. My JMP estimates the returns to microeconomic theory.” Interviewer: “Do you look at mechanisms?”
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Adam Kapor @adamkapor.bsky.social · 26/07/2025
I used to joke that computer science would also catch a lot of “critique” if there were “computer scientists” on cable TV and in government, many of whom were merely undergrad CS majors with business careers, arguing that “the algorithm is efficient” therefore efforts to improve things won’t work
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Doug Mack @douglasmack.bsky.social · 08/06/2025
not the main issue here but i'd really appreciate it if democratic politicians spoke out in support of big-city life and culture with the same energy and reverence that all politicians have for small towns los angeles is "real america" and so are all the other big cities the president hates
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Dani Rodrik @drodrik.bsky.social · 23/05/2025
Three things made the US a rich and powerful nation: the rule of law, its science & innovation system, and openness to foreign talent. Remarkable how Trump has taken a sledgehammer to all three. No enemy of this country could do more.
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Filipe Campante @filipecampante.bsky.social · 22/05/2025
This is the stuff of authoritarian regimes. There isn't even the pretense that this is anything but persecution, unbound by law.
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Adam Kapor @adamkapor.bsky.social · 08/05/2025
Modeling the conclave? You’ll need cardinal utilities
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Adam Kapor @adamkapor.bsky.social · 09/04/2025
How come in academia “no one understands” means “I personally don’t understand” but “I don’t understand” means “you don’t understand”?
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Conor Lamb @conorlambpa.bsky.social · 27/03/2025
To anyone who is not clear: The First Amendment protected Rumeysa Ozturk when she published her op-ed. The same way it has protected me. Rule of law means that we should be treated equally.
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Adam Kapor @adamkapor.bsky.social · 18/03/2025
Me arguing with economists: the right model is one that captures the key features of the situation for the question at hand. It need not be a competitive model with 1 or 2 “frictions”. The Q “what’s the market failure” is not-even-wrong. Me arguing with non-economists: “what’s the market failure?”
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Will Jennings📉🗳️ @drjennings.bsky.social · 14/03/2025
It's fascinating watching Democratic Party politicians who are behaving as if careerism remains a viable strategy with a long-term future under authoritarianism when you are on the losing side.
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Chris Hayes @chrislhayes.bsky.social · 13/03/2025
The institutional Democratic Party is guided by an almost pathological level of conflict avoidance in almost every direction. “What can we do to make the least number of people mad?” is just a bankrupt way to operate.
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Dave Karpf @davekarpf.bsky.social · 13/03/2025
SCHUMER (paraphrased): “what President Trump is doing is terrible. We Democrats do not APPROVE of it at all. But we will COLLABORATE with him. Yep, vaguely disapproving collaborators. That’s us. The leadership of the opposition party.”
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Peter Bergman @peterbergman.bsky.social · 07/03/2025
The farce that this is to protect Jews is beyond offensive and insulting. Cancelling grants, threatening deportation of students based on their speech does not make me feel either safe or supported as a Jew. No admin in my life has made me feel *less* safe. Disgusting. www.ed.gov/about/news/p...
ed.gov
DOJ, HHS, ED, and GSA Announce Initial Cancelation of Grants and Contracts to Columbia University Worth $400 Million
Government agencies today announced the immediate cancelation of approximately $400 million in federal funding to Columbia University due to the school’s continued inaction in the face of persistent h...
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Adam Kapor @adamkapor.bsky.social · 21/02/2025
Michael Sandel: the important things—-life, love, friendship—are not commensurate to dollars. Economists have no account of this truth. Economists:
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Kevin M. Kruse @kevinmkruse.bsky.social · 13/02/2025
If you live in New York State and think Gov. Kathy Hochul should remove the corrupt mayor of NYC, give her a call or send her a letter.
Contact Us By Phone:

1-518-474-8390 | Office hours: 9:00am to 5:00pm

Contact Us By Mail:

The Honorable Kathy Hochul
Governor of New York State
NYS State Capitol Building
Albany, NY 12224
275140044507
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Tom Scocca @tomscocca.bsky.social · 13/02/2025
Anyway here's how it played in the press last time anything went this far, just for reference
Screenshot of New York Times front page from October 21, 1973, with full-width three-line headline: 

NIXON DISCHARGES COX FOR DEEFIANCE; 
ABOLISHES WATERGATE TASK FORCE;
RICHARDSON AND RUCKELSHAUS OUT
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Adam Kapor @adamkapor.bsky.social · 05/02/2025
This is very good
nytimes.com
Opinion | There Is No Going Back
The president’s opponents, whoever they are, cannot expect a return to the Constitution as it was.
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Adam Kapor @adamkapor.bsky.social · 30/01/2025
I realize this is not the most pressing issue at the moment, but when did “general equilibrium” come to mean “any type of equilibrium” and partial equilibrium “no price changes at all”?
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Adam Kapor @adamkapor.bsky.social · 09/01/2025
Question for those teaching undergrad IO: how much empirics do you teach
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Adam Kapor @adamkapor.bsky.social · 09/01/2025
Thrilled to announce this friendly reminder at your earliest convenience out of an abundance of caution
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Adam Kapor @adamkapor.bsky.social · 30/12/2024
decision theorists are people who derive utility from axioms
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Adam Kapor @adamkapor.bsky.social · 10/12/2024
Some correct takes: 1. “Probability is like area” is more intuitive than whatever we tell undergrads about long run frequencies, and 2. The literal definition of a measurable function is *much* more intuitive than saying a r.v. is a variable that “takes” different “realizations”
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Adam Kapor @adamkapor.bsky.social · 30/11/2024
Writing tip: anticipate readers’ objections. Incomplete: “It’s raining tacos from out of the sky.” Better: “…Tacos. No need to ask why”
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Adam Kapor @adamkapor.bsky.social · 22/11/2024
There will be two kinds of IO talks: the kind that are contestable and the kind where people draw Gumbel shocks before deciding whether to go
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Adam Kapor @adamkapor.bsky.social · 22/11/2024
I’d go further than this. Seminar norms should match the talk’s contents. For example, if it’s about rational inattention, not only can folks leave, they can make the speaker go through slides in any order
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Adam Kapor @adamkapor.bsky.social · 20/11/2024
Less is more implies at most one amount where it is what it is
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Adam Kapor @adamkapor.bsky.social · 18/11/2024
In equilibrium, economists use math. therefore, by economic intuition, math is efficient
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Adam Kapor @adamkapor.bsky.social · 16/11/2024
Much of what we colloquially call “beliefs” are closer to preferences than to Bayesian beliefs
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Adam Kapor @adamkapor.bsky.social · 15/11/2024
Does the “model based” vs “design based” distinction make sense outside of the Rubin causal model?
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Adam Kapor @adamkapor.bsky.social · 11/11/2024
People are always complaining about selecting on the dependent variable but honestly it’s worked out great for me
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Adam Kapor @adamkapor.bsky.social · 23/09/2023
If the data could speak, we would not understand it
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