Old Man Yelling at Cloud

Economics Enthusiast, Machine Learning Evangelist, Casual Causalist. Dad, Chiefs fan.

[Old Man Yelling at Cloud @MachineEcon]

No lies detected.
https://t.co/FM9BuuHiTa

[Old Man Yelling at Cloud @MachineEcon]

Opportunity costs

[Old Man Yelling at Cloud @MachineEcon]

@SarahHuckabee @realDonaldTrump Never?
https://t.co/ELvQ5ZDMG8

[Old Man Yelling at Cloud @MachineEcon]

@itaisher If only there was a way we could have known a second trump administration would wreck the economy with tariffs and play fast and lose with classified information, right?

[Old Man Yelling at Cloud @MachineEcon]

@ass_deans Just kidding. We're doing both.

[Old Man Yelling at Cloud @MachineEcon]

@KhoaVuUmn I literally spent 2 minutes reading this thinking textboom was some new hip slang the kids are using.

[Old Man Yelling at Cloud @MachineEcon]

@besttrousers Less than 50% could still mean a lot and could still mean we should care about it, even if the trend has generally improved.

[Old Man Yelling at Cloud @MachineEcon]

@ATabarrok Seems like an economies-of-scale industry that would call for regulation rather than antitrust policy.

[Old Man Yelling at Cloud @MachineEcon]

@ArmandDoma Same guy. Fun times.

[Old Man Yelling at Cloud @MachineEcon]

@AndrewYang Republicans are fare more unified in their dislike of Democrats than Democrats are in their support.

[Old Man Yelling at Cloud @MachineEcon]

@kearney_melissa This is delusional. First, Trump will find ways to blame Democrats, libs, or whomever or claim we just didn't do his plans enough. Second, his working class supporters will not turn no matter how bad things get because they think he's actually doing this to help them.

[Old Man Yelling at Cloud @MachineEcon]

@APompliano Profit maximization by us forms implies that us forms will match prices to what foreign firms must charge and (in the long run) expand production using costlier us resources.

[Steve Stewart-Williams @SteveStuWill]

Tough math teachers get lower ratings from students, because students like them less. However, students get better grades with the tough teachers than with laxer teachers. Reason #167 why student evaluations of teaching aren’t particularly useful.

[Link below.]

[Old Man Yelling at Cloud @MachineEcon]

@besttrousers I'm just gonna put this here for all the reply guys who just "feel" that simple competitive-market supply effects MUST dominate, because vibes.
https://t.co/tZJOl0duBF

[Old Man Yelling at Cloud @MachineEcon]

@besttrousers @TonerousHyus Many recent papers find POSITIVE wage effects, someone's depending on skill!
https://t.co/tZJOl0duBF

[Old Man Yelling at Cloud @MachineEcon]

@PassiveObs77464 @besttrousers The question isn't trivial and is 💯 empirical. Theory can't predict the sign and empirical studies range from small negative effects, to mixed effects depending on skill, to more recent studies finding uniform positive wage effects for immigration on wages.

[Old Man Yelling at Cloud @MachineEcon]

@besttrousers Tbf, so does almost every undergraduate economics textbook. I always mention it, but I must just a hippie leftist because otherwise it'd be in the book.

[Old Man Yelling at Cloud @MachineEcon]

Schiff told no "abject lie" #KashPatel the Internet kept receipts of your fun little ditty to raise money for January 6 rioters.
https://t.co/HZHCPEjew3

[Old Man Yelling at Cloud @MachineEcon]

@Noahpinion Are we saying that social security and Medicare aren't welfare programs then?

[Old Man Yelling at Cloud @MachineEcon]

@Chiefs haters, help me out. If the games are "rigged" then why would the NFL rig them in a way that's so unpopular and risk alienating longtime fans? The incentives just don't align with the "rigged" narrative, IMHO. #NFL #NFLReferees