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@machineecon.bsky.social
43 followers 104 following 504 posts

I teach economics at a small, private college. Originally from Somewhere in Middle America. I like fun socks. ⚛️

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Jeffrey Wooldridge @jmwooldridge.bsky.social · 29/09/2026
In case anyone is interested, here is a new working paper on non-binary treatments with staggered interventions. Essentially, I show under what assumptions it is valid to estimate cohort x time dose-response functions. papers.ssrn.com/sol3/papers....
papers.ssrn.com
A Heterogeneous Slopes Approach to Difference-in-Differences with Non-Binary Treatments
I extend the approach of Wooldridge (2023, 2025) to allow for heterogeneous gains to treatment in the context of staggered interventions for non-binary treatmen
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Isabel Pastoor @pastoorisabel.bsky.social · 25/09/2026
We need @dieworkwear.bsky.social to weigh in
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Trending Socks @machineecon.bsky.social · 26/09/2026
I wonder if this casual analysis considered the number of Nicholas Cage movies. www.tylervigen.com/spurious-cor...
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Trending Socks @machineecon.bsky.social · 22/09/2026
So lovely spending two days in jury selection with a random cross section of the community knowing that you're 99% certain to be one of the lawyers' peremptory strikes.
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Trending Socks @machineecon.bsky.social · 20/09/2026
Can't wait for Dear Leader's revised plan for the Kennedy Center.
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Trending Socks @machineecon.bsky.social · 17/09/2026
Donnie gets -20 points (out of a possible 10 points). I actually got dumber reading this and would give a better score for a blank response. Drop slips (which don't even exist anymore) can be picked up at the registrar's office.
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Kevin J. Kircher @kevinjkircher.com · 15/09/2026
One aspect of research funding that it took me a while as a prof to appreciate: Someone who directs significant funding can shape the questions researchers investigate, *even researchers they don't directly fund*. Why? Because many researchers chase citations, and better-funded areas get cited more.
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Trending Socks @machineecon.bsky.social · 14/09/2026
Cabin in the mountains. Wireless Internet is a game changer for making this a reality.
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Jacob T. Levy @jacobtlevy.bsky.social · 12/09/2026
W/o getting drawn into the "seriously or literally" / "it'll never happen" trap, we need to stomp *hard* on the continuing effort to undermine Article 1 power of the purse by saying that this or that revenue stream makes something outside the normal budget process. 1/ www.nbcnews.com/business/eco...
nbcnews.com
Lutnick says Trump’s $5,000 checks for Americans wouldn’t rely on taxpayer funds
A top White House official suggested Congress would use a budget process to fund them. Vice President JD Vance had said tariff revenues.
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Trending Socks @machineecon.bsky.social · 09/09/2026
Casual inference is the art of knowing why your estimate isn't casual, claiming it is anyway, and adding a bunch of "proofs" to your methods section to confuse reviewers. Bonus points for fancy notation like integral symbols or Kronecker products.
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Trending Socks @machineecon.bsky.social · 07/09/2026
Can we add real estate agencies to this list?
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Trending Socks @machineecon.bsky.social · 05/09/2026
With this supposedly-Christian ethos we should have the best education system in the world, right? ... Right? Because otherwise it'd be like they just don't want to feed the poor OR teach them so they can feed themselves, and gosh that would be pretty hypocritical.
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Trending Socks @machineecon.bsky.social · 05/09/2026
Counterpoint: I've never heard of a speed camera citing someone for rolling a right turn and then shooting the person.
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Trending Socks @machineecon.bsky.social · 04/09/2026
I can't do much against textbook corporate greed but by adopting open educational resources I fight corporate textbook greed every semester.
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Trending Socks @machineecon.bsky.social · 04/09/2026
PER. MY. PREVIOUS. EMAIL. send...
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Trending Socks @machineecon.bsky.social · 28/08/2026
FAFO-nomics is the new vibecession.
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Trending Socks @machineecon.bsky.social · 27/08/2026
Admins: you must make online only options for all of your courses and programs. Also admins: you must drive 2 hours each way to come in and talk to students over a video screen 8 hours a day, five days a week.
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Trending Socks @machineecon.bsky.social · 27/08/2026
Yup. Downsizing by attrition.
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Trending Socks @machineecon.bsky.social · 25/08/2026
Or read the syllabus, or come to class, or write the essay with or without AI...
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Trending Socks @machineecon.bsky.social · 25/08/2026
A good example of how politics often leads to second-best outcomes (at best). Political compromise means policy outcomes are sub-optimal (and sometimes worse than doing nothing). In this case either/or is /probably/ better than nothing, but this idea has problems. finance.yahoo.com/economy/poli...
finance.yahoo.com
Mark Cuban wants to solve wealth inequality by making employers choose between paying higher taxes or giving every member of staff company stock
“If we continue to see growing disparity in income, you risk unrest and further division, which is the most expensive tax on every business.”
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Trending Socks @machineecon.bsky.social · 21/08/2026
Indeed, I feel seen. bsky.app/profile/dccc...
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Trending Socks @machineecon.bsky.social · 21/08/2026
I'm pretty sure this is what people think when they see my code as well.
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Trending Socks @machineecon.bsky.social · 20/08/2026
4% of those polled apparently can't make up their minds when it's their turn to place an order at McDonald's.
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Trending Socks @machineecon.bsky.social · 20/08/2026
merge m:m ... , force www.npr.org/2026/08/19/n...
"This analysis is laughable. Census data cannot reliably be matched to voter data," David Becker, executive director of the Center for Election Innovation & Research, said in a text exchange with NPR. "That said, it's good to see the president admit these numbers are so small that they couldn't have changed the outcome in 2020."
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CORE Econ @coreecon.bsky.social · 18/08/2026
The first four chapters of Understanding Our Economy, CORE's new textbook, are live. Our blog breaks down how it differs from The Economy 2.0, who it's for, and what's taught in chapters one to four. www.core-econ.org/cores-new-te...
Understanding Our Economy: Who is it for? How does it differ from The Economy 2.0? What's in the first four chapters?
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Trending Socks @machineecon.bsky.social · 18/08/2026
Hi, data nerd here. This is a collider bias problem, not a car or music problem.
User commenting that increased traffic fatalities after album releases is a car problem not a music problem.
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Trending Socks @machineecon.bsky.social · 13/08/2026
Creating an Excel spreadsheet in which one of the cells contains a random seed for randomly selecting a sample it's surprisingly complicated!
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Mrs. Betty Bowers @mrsbettybowers.bsky.social · 11/08/2026
If you have enough money that you can blow $100,000,000 on avoiding taxes, you have enough money to pay $100,000,000 *on* taxes that will help your fellow citizens, you self-centered prick.
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Trending Socks @machineecon.bsky.social · 12/08/2026
Really makes you wonder about Joe Biden's mental state.
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Trending Socks @machineecon.bsky.social · 11/08/2026
More lies and bullshit. I've gotten every vaccine for my kids on the schedules that existed for decades, including multiple injections in a single visit. At no point was a volume even 0.01x the size of a soda bottle injected into my infant children.
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Trending Socks @machineecon.bsky.social · 06/08/2026
Clearly Oregon must tariff Washington to force an end to these wildfires.
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Christopher Webb @cwebbonline.com · 05/08/2026
Talarico’s argument is simple: Stop treating marijuana like a crime. Legalize it. Regulate it. Tax it. Stop wasting police resources on low-level marijuana offenses. Clear the records of people whose lives have been derailed by nonviolent marijuana convictions.
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Trending Socks @machineecon.bsky.social · 05/08/2026
One of the worst forms of moral hazard.
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Trending Socks @machineecon.bsky.social · 05/08/2026
Friends, I slap ^s like it's 1999 when I'm working in the cloud.
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Trending Socks @machineecon.bsky.social · 04/08/2026
Thank goodness my institution added yet another new Assistant Vice President position!
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Trending Socks @machineecon.bsky.social · 04/08/2026
Or loans and financing for personal computers in the 80s.
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Sam Eyler-Driscoll 🍉🌻🍁 @sameyler.bsky.social · 03/08/2026
This seems absolutely rife including on the left. Someone told me last week I couldn’t be part of the pro-Palestine movement after I commented in support of the Moroccan migrants. Nativism is always a scourge and if we have to constantly fight it on the left, too, we’re toast
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Trending Socks @machineecon.bsky.social · 03/08/2026
Of course, nobody PREFERS cheap crap. Consumer choice is about weighing benefits AND costs.
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Peter Jeffe @pjeffe.bsky.social · 01/08/2026
I was going through some old papers earlier and sorting them into piles to file, scan, or shred, and it occurred to me that they were basically marry, fuck, kill piles.
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Mike Rothschild @rothschildmd.bsky.social · 30/07/2026
The overwhelming right wing sentiment is that COVID was an engineered bioweapon that was also harmless. Trump overreacted to it by shutting down the country, then engineered a drive to create a vaccine that was the real bioweapon that killed millions, and it's Joe Biden's fault.
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Trending Socks @machineecon.bsky.social · 30/07/2026
When a vacuum cleaner filter is clogged does it suck or does it not suck?
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Trending Socks @machineecon.bsky.social · 30/07/2026
About ten years ago a sociology colleague came to my office asking how to calculate odds radios from their logit coefficients. I think my response of "why would you want to do that - why not just calculate average marginal effects for the probabilities in Stata (or SPSS, I forget)?" turned her off.
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Dani Rodrik @drodrik.bsky.social · 26/07/2026
Yes. This point is not sufficiently recognized in the global imbalances debate. If you think your CA deficit is excessive and caused by factors outside your borders, you should tax or otherwise discourage capital inflows. Tariffs are a very blunt tool at best. +
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Trending Socks @machineecon.bsky.social · 26/07/2026
I've been saying for years that a trade deficit is an investment surplus to anyone who might listen.
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Trending Socks @machineecon.bsky.social · 25/07/2026
Putting out your house fire will only encourage your neighbors to take up smoking in bed.
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Trending Socks @machineecon.bsky.social · 25/07/2026
Proving once again that these dumbasses are not in fact libertarians: they're solopsists, and rather petulant ones at that.
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Trending Socks @machineecon.bsky.social · 24/07/2026
Never minding the "I have a lot of sympathy for the changes under Trump" statement, this is really poor journalism. Numerous studies estimate the deaths and other harm to shutting down USAID. Just effing Google the research on topics you're asking about.
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mtsw @mtsw.bsky.social · 22/07/2026
cops hate automated enforcement *because* its fair. They conceptualize their role not as punishing rulebreakers but punishing "bad people" (poors and minorities). They dislike red light/speed cameras because they wind up punishing "good people" for doing something they see as essentially harmless
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Alt Bureau of Labor Statistics @domesticshoggoth.bsky.social · 23/07/2026
”Tracking”, or splitting students into separate tracks which lead to vocations or college, is a common feature of other country’s education systems. The American rejection of this is, in my view, exceptional and laudable.
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