Reposted by ⑆Luke Stein⑈natasharsarin.bsky.social @natasharsarin.bsky.social · 09/04/2025Worth 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 162
Reposted by ⑆Luke Stein⑈natasharsarin.bsky.social @natasharsarin.bsky.social · 09/04/2025New 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. 410144
Reposted by ⑆Luke Stein⑈magdalena bennett @maibennett.com · 09/04/2025It’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. 031
⑆Luke Stein⑈ @lukestein.com · 09/04/2025In 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 140
Reposted by ⑆Luke Stein⑈magdalena bennett @maibennett.com · 08/04/2025Another happy client of #BobsBandanas cc @lukestein.com 111
Reposted by ⑆Luke Stein⑈Ann M. Lipton @annmlipton.bsky.social · 25/03/2025Literally 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 1163
Reposted by ⑆Luke Stein⑈Liam McHugh-Russell @xntl.info · 26/03/2025I 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. 1282
Reposted by ⑆Luke Stein⑈Alton B.H. Worthington @abhw.bsky.social · 27/03/2025I 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... 32611
⑆Luke Stein⑈ @lukestein.com · 27/03/2025Today’s shitpost is tomorrow’s Beamer theme @spencerbarnes.bsky.social 2111
⑆Luke Stein⑈ @lukestein.com · 26/03/2025“So, why don’t you start by telling us a bit about your job market paper” 1170
Reposted by ⑆Luke Stein⑈Brendan Nyhan @brendannyhan.bsky.social · 14/03/2025If the government can do this to universities, we don't live in a free society. Five alarm fire. 452399697
⑆Luke Stein⑈ @lukestein.com · 13/03/2025Quick and dirty: Trading days from first entering “correction” territory (don't like that term, but 🤷) until hitting deepest drawdown: - 20% turn around the next day - 40% turn around two weeks – two months - 27% five months – one year - 13% more than a year 000
⑆Luke Stein⑈ @lukestein.com · 13/03/2025Lunchtime 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%) 100
Reposted by ⑆Luke Stein⑈Neale Mahoney @nealemahoney.bsky.social · 11/03/2025Context for today's headlines 0224
⑆Luke Stein⑈ @lukestein.com · 11/03/2025media.tenor.coma man wearing a straw hat is holding a spoon in front of a computer screen that says internet content etiquetteALT: a man wearing a straw hat is holding a spoon in front of a computer screen that says internet content etiquette 000
Reposted by ⑆Luke Stein⑈Ann M. Lipton @annmlipton.bsky.social · 10/03/2025genuine respect for williams & connolly, hope law students with multiple options take notice 21993128
Reposted by ⑆Luke Stein⑈Burger King® (Parody) @burgerkingcorpus.bsky.social · 17/02/2025Hi, 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. 031
Reposted by ⑆Luke Stein⑈Senior PowerPoint Engineer @ryxcommar.bsky.social · 10/03/2025Let'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." 2404
Reposted by ⑆Luke Stein⑈Josh Chafetz @joshchafetz.bsky.social · 06/03/2025With his permission, I'm sharing Dean Treanor's response to Ed Martin's letter: 845195945438
Reposted by ⑆Luke Stein⑈Josh Marshall @joshtpm.bsky.social · 02/03/2025There it is: Speaker of the House says Elon has already started running your Social Security through his AI. 59974602877
⑆Luke Stein⑈ @lukestein.com · 02/03/2025Has 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.coma 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 . 070
Reposted by ⑆Luke Stein⑈Abdullah Al Bahrani @withdra.com · 01/03/2025Luke stein visits NKU’s Haile College of Business. @lukestein.com open.substack.com/pub/draalbah...open.substack.comLuke Stein at Haile Research LabAnother great Haile Research Lab. 031
Reposted by ⑆Luke Stein⑈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.comUnder (financial) pressureThis study examines how financial pressure influences rule enforcement by leveraging a novel setting---NFL officiating. Unlike traditional regulatory environmen 171
Reposted by ⑆Luke Stein⑈Jesse Anttila-Hughes @jessexjesse.bsky.social · 12/02/2025I 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 141
Reposted by ⑆Luke Stein⑈Alex Chan @alex8chan.bsky.social · 10/01/2025Flyout 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! 051
⑆Luke Stein⑈ @lukestein.com · 15/01/2025Duolingo says the answer is 120° which means I have limited respect for Oscar’s taste in coffee (lukewarm, superheated, or deeply deeply frozen) 010
⑆Luke Stein⑈ @lukestein.com · 15/01/2025GPT 4o does a decent job thinking through the pros and cons of interpreting this question as Fahrenheit vs Celsius vs Kelvin, btw 110
Reposted by ⑆Luke Stein⑈Kevin A. Bryan @afinetheorem.bsky.social · 12/01/2025Business 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?" 2122
Reposted by ⑆Luke Stein⑈⑆Luke Stein⑈ @lukestein.com · 12/01/2025It’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.comJoint bookstores offer literature lovers shelves to sell collections | The Asahi Shimbun: Breaking News, Japan News and AnalysisElementary school boy Sota Yamauchi is getting an early start on the world of commerce thanks to his love of reading. 051
⑆Luke Stein⑈ @lukestein.com · 12/01/2025It’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.comJoint bookstores offer literature lovers shelves to sell collections | The Asahi Shimbun: Breaking News, Japan News and AnalysisElementary school boy Sota Yamauchi is getting an early start on the world of commerce thanks to his love of reading. 051
Reposted by ⑆Luke Stein⑈Jesse Anttila-Hughes @jessexjesse.bsky.social · 09/01/2025hadn’t heard “Linux is free if you don’t value your time” yet ++1 131
⑆Luke Stein⑈ @lukestein.com · 09/01/2025Fun stuff, my guy 🤜🤛 Thanks for skipping proving properties of the battle’s stochastic process and just asserting that eventually someone would die #teamaxel 010
Reposted by ⑆Luke Stein⑈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.lyDid 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... 963877903
⑆Luke Stein⑈ @lukestein.com · 07/01/2025Calendly is probably the OG but there are a bunch of competitors I think Someone (forget who) recommended checking out tidycal when I was giving up my paid Calendly subscription 010
Reposted by ⑆Luke Stein⑈Alex Chan @alex8chan.bsky.social · 06/01/2025Colleagues, 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 063