In the 1920s, the U.S. set immigration quotas which effectively stopped scientists from immigrating from Eastern and Southern Europe.
The U.S. quickly fell behind in patenting and publishing in fields where these scientists worked.
Don't kill the golden goose.
As you become an adult, you realize that things around you weren't just always there; people made them happen. But only recently have I started to internalize how much tenacity *everything* requires. That hotel, that park, that railway. The world is a museum of passion projects.
Kurt Dirks, a fixture on the WashU Olin faculty for nearly a quarter of a century, is leaving to become dean of the business school at the University of Utah.
Read more about his decades-long career at WashU: https://t.co/cA1ihuVkhM
#Olin#Faculty#WashU
🧵: In every crisis is an opportunity.
As confidence in higher ed reaches historic lows, it is time for campus leaders to re-establish their institutions as communities devoted to the discovery, preservation, and dissemination of knowledge.
Here’s where they should start ⬇️
Reminds me of the excellent “conversations with economists” by Arjo Klamer. It covered why neoclassical macro won. It was more like 90s grunge than quantum mechanics 🫤 https://t.co/KzFc5KXhgl
Inflation is coming down. It's time to grade the various economic schools of thought on how they did in the Early 2020s Inflation.
https://t.co/k3I1aGSoB3
#econtwitter Please share our biggest announcement with anyone who could be interested!
Research using non-public data is a formidable barrier for I4R - so we are offering up to 5000 USD (and coauthorship to our second meta-paper) for an eligible replication. See details below!
As many know, Olin lost a member of our family when Radhakrishnan Gopalan tragically lost his battle with cancer last year. We now have an opportunity to commemorate his legacy forever.
Read more about the newly endowed scholarship now on the blog: https://t.co/JaMAG3TruP
"The most interesting theoretical problem in corporate governance today is, if you are the chief executive officer of a public company, should you try to maximize the value of your company’s stock, or should you try to maximize the value of your stockholders’ portfolios?"
Registration is open for the JCF Conference on Ownership and Sustainability in Helsinki. https://t.co/juXySZf2UQ
Join me, @Ringgenberg_M, @Ed_Van_Wesep, @ChrisHerpfer, @NGantchev, Laura Starks, Jon Karpoff, Dave Denis, Tom Bates, Marius Guenzel, Ian Appel, Audra Boone & more.
The other side of the econ fraud scandal is that there is at least one field of econ in which nearly 100% of findings can be replicated (and on Github). These fields should be celebrated more imho. https://t.co/OPWAL1mD5g
One of the nicest human beings I have known and will perhaps ever know! There are just so many “could be” conversations I couldn't have. He left a vacuum that won't be filled. I will always miss him! Execeptional in every aspect, you will always be an inspiration! 🙏