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⑆Luke Stein⑈

@lukestein.com
3.9K followers 847 following 316 posts

Financial economist (finance ⚭ labor ⚭ history) ✨ Asst. Professor at Babson College ✨ Migrating here from @lukestein on the bird site ✨ he/him/かれ

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Reposted by ⑆Luke Stein⑈
natasharsarin.bsky.social @natasharsarin.bsky.social · 09/04/2025
Worth noting that the IRS has just lost its 3rd commissioner in *this* filing season. That’s unheard of. With tax day around the corner, fair to be worried about this filing season – and what’s to come with respect to our ability to collect taxes and raise revenue
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natasharsarin.bsky.social @natasharsarin.bsky.social · 09/04/2025
New analysis from @budgetlab.bsky.social: The IRS is entering into an agmt to share data about undocumented immigrants with ICE. Historically, the agency promised data would not be used in this way. We estimate the govt will lose ~$300B in the next decade as a result.
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Olivier Simard-Casanova @o.simardcasanova.net · 09/04/2025
Hard endorse
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magdalena bennett @maibennett.com · 09/04/2025
It’s not secret at all! Hmu for your dog bandana needs, and I’ll ship you some for free. My goal is for all dogs to be #DogsInBandanas.
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⑆Luke Stein⑈ @lukestein.com · 09/04/2025
In contrast with much in the world being terrible, let it be known that @maibennett.com is a delight to hang out with irl, and she has a not-so-secret hobby sewing adorable dog bandannas
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magdalena bennett @maibennett.com · 08/04/2025
Another happy client of #BobsBandanas cc @lukestein.com
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Ann M. Lipton @annmlipton.bsky.social · 25/03/2025
Literally recorded a pod about this to release tomorrow. Investors don't buy shares; they buy interest in an SPV, so the companies can limit the number of investors on their books and remain legally private
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Liam McHugh-Russell @xntl.info · 26/03/2025
I am not saying this out of glee or schadenfreude, or to score political points. I actually think it's an important data point that may not be getting through to people in the US because of all the other horrors they're confronting and trying to resist.
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Reposted by ⑆Luke Stein⑈
Alton B.H. Worthington @abhw.bsky.social · 27/03/2025
I wasn't browsing r/dataisbeautiful for this, but interesting pattern, good use of the scatter (and layers) and the overlaid histograms (which generally isn't my favorite). www.reddit.com/r/dataisbeau...
a scatterplot of grant obligations vs trump-harris vote margin, showing cancelled grants (in red) were predominantly in harris-leaning counties (whereas grants overall in gray span all margins), with a histogram below reinforcing the difference.a scatterplot of contract obligations vs trump-harris vote margin, showing cancelled contracts (in red) were predominantly in harris-leaning counties (whereas grants overall in gray span all margins), with a histogram below reinforcing the difference, a less stark pattern than with grants
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⑆Luke Stein⑈ @lukestein.com · 27/03/2025
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⑆Luke Stein⑈ @lukestein.com · 26/03/2025
“So, why don’t you start by telling us a bit about your job market paper”
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Paul Goldsmith-Pinkham @paulgp.com · 18/03/2025
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Brendan Nyhan @brendannyhan.bsky.social · 14/03/2025
If the government can do this to universities, we don't live in a free society. Five alarm fire.
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⑆Luke Stein⑈ @lukestein.com · 13/03/2025
Lunchtime chat w colleague Linghang. In spirit of what our MSF students are learning to code, here’s max drawdown following every 10% S&P 500 correction back to 1980 (n=15 excl. today) - 6 hit a new high before dropping 15% - Another 6 fell >25% - Only 3 turned around at 15–25% (all close to 20%)
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Neale Mahoney @nealemahoney.bsky.social · 11/03/2025
Context for today's headlines
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Ann M. Lipton @annmlipton.bsky.social · 10/03/2025
genuine respect for williams & connolly, hope law students with multiple options take notice
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Burger King® (Parody) @burgerkingcorpus.bsky.social · 17/02/2025
Hi, McDonalds here! Everyone at our company is a stupid dumbass moron and think people don't wanna order hotcakes and sausages at 1 P.M when it's been shown with extensive market research and customer reviews they DO want that. We used to offer it but removed it. Sorry, I hate our hashbrowns too.
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Senior PowerPoint Engineer @ryxcommar.bsky.social · 10/03/2025
Let's say you work at a fund of funds that cuts the lowest 10% performers every calendar year. You are beta=1 with decent alpha that puts you reliably in the top 40% of performers at your firm. You also have a reliable prediction: "70% chance market goes down next 3 months."
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Josh Chafetz @joshchafetz.bsky.social · 06/03/2025
With his permission, I'm sharing Dean Treanor's response to Ed Martin's letter:
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⑆Luke Stein⑈ @lukestein.com · 06/03/2025
🎂 @johnjhorton.bsky.social
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Josh Marshall @joshtpm.bsky.social · 02/03/2025
There it is: Speaker of the House says Elon has already started running your Social Security through his AI.
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⑆Luke Stein⑈ @lukestein.com · 03/03/2025
This is my Twitter DM inbox
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⑆Luke Stein⑈ @lukestein.com · 02/03/2025
Has the whole world gone crazy? Am I the only one around here who gives a sh!t about the rules? Mark it zero!
media.tenor.com
a man with a beard and sunglasses is sitting at a table in a crowded room .
ALT: a man with a beard and sunglasses is sitting at a table in a crowded room .
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Abdullah Al Bahrani @withdra.com · 01/03/2025
Luke stein visits NKU’s Haile College of Business. @lukestein.com open.substack.com/pub/draalbah...
open.substack.com
Luke Stein at Haile Research Lab
Another great Haile Research Lab.
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Spencer Barnes @spencerbarnes.bsky.social · 23/02/2025
🚨 NEW WORKING PAPER ALERT 🚨 What if we told you that NFL officiating might not be as neutral as we all assume? That penalties in the postseason aren’t just random whistles, but instead, they tend to favor one team? Read the paper here: papers.ssrn.com/sol3/papers.....
papers.ssrn.com
Under (financial) pressure
This study examines how financial pressure influences rule enforcement by leveraging a novel setting---NFL officiating. Unlike traditional regulatory environmen
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Jesse Anttila-Hughes @jessexjesse.bsky.social · 12/02/2025
I remember distinctly when I hung out with @lukestein.com in SF for the AGU one year and he told me the good word about Donald Shoup. May we all strive to see a horrible thing so clearly and then move others to act against it. #EconSky #RIP #Shoupist4lyfe
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Alex Chan @alex8chan.bsky.social · 10/01/2025
Flyout season! (1) research whoever you’ll meet & their work (ask for list, if not finalized ask for tentative schedule); (2) act professional with everyone (students, admin, faculty), everybody talks to everybody; (3) be genuinely excited #econbluesky #econsky - I’m very pumped to meet everyone!
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⑆Luke Stein⑈ @lukestein.com · 15/01/2025
Cool cool cool
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Kevin A. Bryan @afinetheorem.bsky.social · 12/01/2025
Business model experimentation underrated. New one for me: "rent a shelf" bookstore. 200 individuals rent a shelf at $40/m. They curate new or used books, split profit on sale. Shelf rent covers overhead. A few "local celebrity" curated shelves. "What is on Victor's shelf today?"
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⑆Luke Stein⑈ @lukestein.com · 12/01/2025
It’s awesome! I don’t know if Tokyo is the originator, but I believe this model has been in place in Jimbochō (Tokyo neighborhoood with concentration of used bookstores) for a while www.asahi.com/sp/ajw/artic...
asahi.com
Joint bookstores offer literature lovers shelves to sell collections | The Asahi Shimbun: Breaking News, Japan News and Analysis
Elementary school boy Sota Yamauchi is getting an early start on the world of commerce thanks to his love of reading.
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⑆Luke Stein⑈ @lukestein.com · 10/01/2025
Regression discontinuity at 15%
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Jesse Anttila-Hughes @jessexjesse.bsky.social · 09/01/2025
hadn’t heard “Linux is free if you don’t value your time” yet ++1
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McSweeney's @mcsweeneys.net · 08/01/2025
"Did you consider the people who don't like chili? The people who are vegetarians? The people without tastebuds? The people who don't know how to turn on stoves? What about all those folks?"
buff.ly
Did You Even Consider Every Possible Lived Experience Before Recklessly Posting Your Chili Recipe on Social Media?
Look, I get it. You thought what you posted was innocuous. Still, did you stop to think about everyone who has ever lived and how it could make the...
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⑆Luke Stein⑈ @lukestein.com · 07/01/2025
Cool cool cool
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Alex Chan @alex8chan.bsky.social · 06/01/2025
Colleagues, please add me to stay in touch :) #ASSA2025 @assameeting.bsky.social! Happy New Year! I finally (just) joined @bsky.app #econsky #econbluesky #econ @harvard.edu 🎊🧑🏻‍🏫 @aeainformation.bsky.social
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⑆Luke Stein⑈ @lukestein.com · 01/01/2025
Time for some game theory
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⑆Luke Stein⑈ @lukestein.com · 31/12/2024
I’m flattered, but if you have a sec to report this imposter ( lukesteinn ) I’d be obliged Happy New Year!
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⑆Luke Stein⑈ @lukestein.com · 30/12/2024
Bumper stickers that go hard
Bumper sticker stating “Transgender Vereran: I fought for your right to hate me”
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⑆Luke Stein⑈ @lukestein.com · 23/12/2024
To four bottles red wine (or—let’s be honest—a box), add: Applejack Masala chai Orange juice Apple juice Fresh ginger, peeled and slivered Star anise Cinnamon sticks Whole cloves Black peppercorns Sichuan peppercorns Tajin Chinese five spice Coffee grounds Simmer 90 min. or until 20 friends arrive
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Ben Golub @bengolub.bsky.social · 20/12/2024
From what I can see, such a valuable piece of knowledge - hooray for the authors, both doctoral students (Kyu Matsuzawa is on the market qmatsuzawa.com) h/t @mikekofoed.bsky.social
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⑆Luke Stein⑈ @lukestein.com · 20/12/2024
Interrupting work to tell you how 🔥 this mix is that I’m listening to while working 🏷️ @jessexjesse.bsky.social @jakemgrumbach.bsky.social www.mixcloud.com/JesseKeith/j...
mixcloud.com
Jesse Keith - This Lakeside Something Else
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Tatyana Deryugina @tderyugina.bsky.social · 20/12/2024
What can your advisor do? They almost certainly can't help you with the most competitive places on your list, but they can reach out to places that may have thought you were out of reach and let them know you are gettable.
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Spencer Barnes @spencerbarnes.bsky.social · 18/12/2024
I had the distinct honor of being recognized (along with a select group of about ten outstanding faculty members across the university) at @UTEP's annual faculty endowment dinner! And to cap it off @UTEP 's President @HeatherAnWilson shared inspiring words about us!
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⑆Luke Stein⑈ @lukestein.com · 17/12/2024
Scrolling through the whole thread assessing respect, emulsion preparation, pride, singularity of the entity 😋
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⑆Luke Stein⑈ @lukestein.com · 16/12/2024
I have a blast running the @econ5k.bsky.social every year (a few in a row now with @dbergstresser.bsky.social) Thanks as always to the orgs; I feel this is really now a full-fledged institution!! 🏃🏻🏃🏻‍♀️🏃🏽‍♂️
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Daniel Bergstresser @dbergstresser.bsky.social · 16/12/2024
#ECON5k run at the Brandeis track with Frank Fessenden and @lukestein.com! We were chatting while running and lost track of distance and went way over 5k
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Arpit Gupta @arpitrage.bsky.social · 12/12/2024
Here is the street behind NYU Stern, where, DOT repaved this whole street. Except the bike line is used by trucks. And the “pedestrian” area is used for free parking. On top of the other two lanes already dedicated for free parking. Highest and best use of most expensive real estate in America?
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